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Average Securities, Commodities, and Financial Services Sales Agents Salary in Saginaw, MI

The average salary for Securities, Commodities, and Financial Services Sales Agentss in Saginaw, MI is $86,450. While this is lower than the national average, the cost of living in Saginaw, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $86,450 per year.
  • Growth Trend: Salaries have shifted 81.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $158,430.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Saginaw, MI economy.
2024 Market Data

Salary Overview

$86,450

The average Securities, Commodities, and Financial Services Sales Agents in Saginaw, MI earns-21.7%below the national average.

BreakdownBased on 40h/week
Hourly

$41.6

Weekly

$1,663

Monthly

$7,204

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Saginaw, MI

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Saginaw, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $45,300, while highly experienced professionals can command wages upwards of $158,430.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$45,300$21.8
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$64,838$31.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$65,190$31.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$108,063$52
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$158,430$76.2

Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis

Relocation Context

Nominal Salary

$86,450

Gross Pay

Real Wage (Purchasing Power)

$86,450

Adjusted for COL (100)

In Saginaw, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $86,450 to $86,450.

Job Market Context

90

Total Jobs

1.121

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, Saginaw, MI 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.

90 people work as Securities, Commodities, and Financial Services Sales Agents in Saginaw, MI.

1.121 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents positions — a typical concentration.

Nearby Job Markets

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Saginaw, MI?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Saginaw, MI is $86,450. This typically ranges from $45,300 for entry-level positions to $158,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Saginaw, MI is 21.7% lower than the national median of $110,380.

Is Saginaw, MI a good place for Securities, Commodities, and Financial Services Sales Agentss?

It depends on your priorities. While the average Securities, Commodities, and Financial Services Sales Agents salary in Saginaw, MI is $86,450 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Saginaw, MI. See distinct detailed breakdown below.

Is Saginaw, MI a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Saginaw, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Saginaw, MI?

Some top paying nearby cities include Bay City, MI ($84,790) and Midland, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Saginaw, MI area with a job density of 1.121 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.