Securities, Commodities, and Financial Services Sales Agents in the Riverside-San Bernardino-Ontario, CA area earn an average annual salary of $77,580. This figure is notably below the national average of $110,380, indicating a localized compensation structure influenced by regional economic factors and demand within the Inland Empire market. The specific economic landscape and cost of doing business in this California region shape the prevailing salary benchmarks for these financial professionals.
Executive Summary
- Average Salary: $77,580 per year.
- Growth Trend: Salaries have shifted 24.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,680.
- Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Riverside-San Bernardino-Ontario, CA, comprises approximately 2,490 professionals. With a Location Quotient of 0.48, the concentration of these roles is below the national average, suggesting a less saturated but potentially developing market. The rate of 1.467 jobs per 1,000 workers further contextualizes the demand within the broader employment ecosystem of the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Riverside-San Bernardino-Ontario, CA earns-29.7%below the national average.
$37.3
$1,492
$6,465
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this niche role in Riverside is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced a steady upward trend over the past four years, mirroring broader economic recovery and growth in the financial sector. This growth is typically driven by inflation, increased demand for financial services, and the evolving complexity of financial markets, leading to incremental salary increases for experienced professionals.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Riverside-San Bernardino-Ontario, CA
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and specialized expertise can command salaries in the higher percentiles. The widening gap between entry-level and senior roles reflects the accumulation of skills, client portfolios, and sales performance, which are key drivers of compensation in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $48,760 | $23.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $58,185 | $28 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $60,660 | $29.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $96,975 | $46.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $119,680 | $57.5 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$77,580
Gross Pay
Real Wage (Purchasing Power)
$77,580
Adjusted for COL (100)
The average annual salary of $77,580 in Riverside-San Bernardino-Ontario, CA, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that while the nominal income is lower than the national average for this profession, it is balanced by a comparable cost of living. Therefore, the take-home value of the salary is neither significantly enhanced nor diminished by local living expenses.
Job Market Context
2,490
Total Jobs
1.467
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Riverside-San Bernardino-Ontario, CA has a notably lower concentration of Securities, Commodities, and Financial Services Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.48 for Securities, Commodities, and Financial Services Sales Agents in Riverside-San Bernardino-Ontario, CA, indicates that this profession is less concentrated in the region compared to the national average. This suggests that while there is a presence of these roles, the market is not saturated, potentially offering opportunities for growth. However, it also implies that the demand might be lower or more specialized than in areas with a higher concentration of financial services firms.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Riverside-San Bernardino-Ontario, CA
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Riverside-San Bernardino-Ontario, CA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Riverside-San Bernardino-Ontario, CA is $77,580. This typically ranges from $48,760 for entry-level positions to $119,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Riverside-San Bernardino-Ontario, CA is 29.7% lower than the national median of $110,380.
Is Riverside-San Bernardino-Ontario, CA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, it is not as lucrative as the national average.The average salary of $77,580 is significantly lower than the national average of $110,380. While the cost of living is at the national average, the nominal income does not reflect the higher earning potential seen elsewhere in the country.
Is Riverside-San Bernardino-Ontario, CA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Riverside-San Bernardino-Ontario, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Riverside-San Bernardino-Ontario, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($99,640) and San Diego-Chula Vista-Carlsbad, CA.
How does the local workforce size affect job prospects?
With a local workforce of 2,490, the market is moderately sized, suggesting a stable but not rapidly expanding job pool for Securities, Commodities, and Financial Services Sales Agents in the Riverside area.
What does a Location Quotient of 0.48 mean for this role?
A Location Quotient of 0.48 signifies that Securities, Commodities, and Financial Services Sales Agents are less prevalent in Riverside-San Bernardino-Ontario, CA, compared to the national average, indicating a less competitive but potentially less robust job market.
How does the Cost of Living in Riverside compare nationally?
The Cost of Living Index in Riverside-San Bernardino-Ontario, CA, is 100, which is exactly the national average. This means that the general expenses for housing, utilities, and daily living are comparable to the rest of the United States.
What is the job density for this profession in Riverside?
There are approximately 1.467 jobs per 1,000 workers for Securities, Commodities, and Financial Services Sales Agents in Riverside-San Bernardino-Ontario, CA, indicating the relative prevalence of these roles within the local employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,490 employees in the Riverside-San Bernardino-Ontario, CA area with a job density of 1.467 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 Riverside-San Bernardino-Ontario, CA