Average Securities, Commodities, and Financial Services Sales Agents Salary in Raleigh-Cary, NC
Securities, Commodities, and Financial Services Sales Agents in the Raleigh-Cary, NC area earn an average annual salary of $95,400. This figure is notably below the national average of $110,380, suggesting that while the demand is present, the compensation structure may be influenced by local economic factors or a slightly less saturated market compared to national hubs. The specific economic landscape and industry concentration within Raleigh-Cary play a significant role in shaping these salary outcomes.
Executive Summary
- Average Salary: $95,400 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $187,740.
- Outlook: The Raleigh-Cary, NC market for Securities, Commodities, and Financial Services Sales Agents is stable, with a total local workforce of 2,110 professionals. The Location Quotient of 0.95 indicates that the concentration of these roles in Raleigh-Cary is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand for these specialized skills. This steady presence points to a robust job market that supports a significant number of professionals in this field.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Raleigh-Cary, NC earns-13.6%below the national average.
$45.9
$1,835
$7,950
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this niche role in Raleigh-Cary isn't provided, it's reasonable to assume a general upward trend in salaries for Securities, Commodities, and Financial Services Sales Agents over the past four years, mirroring national economic growth and increasing complexity in financial markets. This growth is typically driven by inflation, evolving market demands, and the increasing value placed on skilled financial professionals.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Raleigh-Cary, NC
Salary progression for Securities, Commodities, and Financial Services Sales Agents in Raleigh-Cary, NC, is strongly tied to experience and performance. Entry-level positions typically start at a lower percentile, while seasoned professionals with a proven track record can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior-level compensation reflects the increasing value of expertise, client portfolios, and specialized knowledge in the financial services sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $48,180 | $23.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $71,550 | $34.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $63,460 | $30.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $119,250 | $57.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $187,740 | $90.3 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$95,400
Gross Pay
Real Wage (Purchasing Power)
$95,400
Adjusted for COL (100)
With a Cost of Living Index of 100, Raleigh-Cary, NC, is perfectly aligned with the national average. This means the nominal salary of $95,400 for Securities, Commodities, and Financial Services Sales Agents offers purchasing power equivalent to the national average. Consequently, relocating professionals can expect their earnings to translate directly into the expected cost of goods and services without significant adjustment.
Job Market Context
2,110
Total Jobs
2.917
Per 1K Jobs
0.95
Location Quotient
Raleigh-Cary, NC has 0.95x the national average concentration of Securities, Commodities, and Financial Services Sales Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.95 for Securities, Commodities, and Financial Services Sales Agents in Raleigh-Cary, NC, indicates a market that is closely aligned with the national average in terms of job concentration. This suggests a competitive yet accessible job market, where opportunities are present but not overwhelmingly abundant compared to major financial centers. Professionals entering this market will find a balanced environment with steady demand.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Raleigh-Cary, NC
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Raleigh-Cary, NC?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Raleigh-Cary, NC is $95,400. This typically ranges from $48,180 for entry-level positions to $187,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 13.6% lower than the national median of $110,380.
Is Raleigh-Cary, NC a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not significantly more lucrative than the national average.While the average salary of $95,400 is substantial, it falls below the national average of $110,380. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Raleigh-Cary, NC a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($94,320) and Rocky Mount, NC.
How does Raleigh-Cary's job market compare to national averages for this role?
The job market in Raleigh-Cary is very similar to the national average, with a Location Quotient of 0.95, indicating a comparable concentration of these roles relative to the overall workforce.
What is the average salary for Securities, Commodities, and Financial Services Sales Agents in Raleigh-Cary, NC?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Raleigh-Cary, NC, is $95,400.
How does the cost of living in Raleigh-Cary, NC affect salary perception?
The cost of living in Raleigh-Cary is exactly at the national average (100), meaning the $95,400 salary offers standard purchasing power compared to the rest of the country.
What is the size of the workforce for this profession in Raleigh-Cary, NC?
There are approximately 2,110 Securities, Commodities, and Financial Services Sales Agents working in the Raleigh-Cary, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,110 employees in the Raleigh-Cary, NC area with a job density of 2.917 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in Raleigh-Cary, NC