Average Securities, Commodities, and Financial Services Sales Agents Salary in Salem, OR
Securities, Commodities, and Financial Services Sales Agents in Salem, OR, earn an average annual salary of $83,870. This figure is notably below the national average of $110,380, suggesting that local market dynamics and potentially a different cost structure influence compensation in this Oregonian city. While the nominal salary is lower, understanding the local economic landscape is key to interpreting this figure.
Executive Summary
- Average Salary: $83,870 per year.
- Growth Trend: Salaries have shifted 31.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $147,550.
- Outlook: With a total local workforce of 280 individuals in this specialized field, the job market in Salem, OR, presents a moderate concentration. The Location Quotient of 0.49 indicates that this profession is less prevalent in Salem compared to the national average, suggesting a potentially less saturated but also less robust demand for these services within the immediate area.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Salem, OR earns-24.0%below the national average.
$40.3
$1,613
$6,989
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Salem is not provided, it is generally assumed that the financial services sector, like many others, has experienced salary growth over the past four years. Factors such as inflation, evolving market demands, and increased complexity in financial products likely contribute to an upward trend in compensation for skilled professionals in this domain.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Salem, OR
Salary progression for Securities, Commodities, and Financial Services Sales Agents typically scales significantly with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with a proven track record and extensive client portfolios can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression and earning potential available within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $48,300 | $23.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $62,903 | $30.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $55,660 | $26.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $104,838 | $50.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $147,550 | $70.9 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$83,870
Gross Pay
Real Wage (Purchasing Power)
$83,870
Adjusted for COL (100)
The average annual salary of $83,870 in Salem, OR, aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in Salem is equivalent to the national average, making the nominal salary figure a fair representation of the local standard of living.
Job Market Context
280
Total Jobs
1.496
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Salem, OR 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 0.49 for Securities, Commodities, and Financial Services Sales Agents in Salem, OR, signifies that this profession is underrepresented compared to the national average. This suggests that while there may be fewer job opportunities than in more concentrated markets, the competition for talent might also be less intense, potentially offering unique advantages for skilled professionals.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Salem, OR
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Salem, OR?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Salem, OR is $83,870. This typically ranges from $48,300 for entry-level positions to $147,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salem, OR is 24.0% lower than the national median of $110,380.
Is Salem, OR a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not when compared to the national average.While the average salary of $83,870 is decent, it falls significantly short of the national average of $110,380. However, the cost of living being at the national average means the purchasing power is comparable.
Is Salem, OR a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Salem, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salem, OR?
Some top paying nearby cities include Albany, OR ($103,380) and Corvallis, OR.
How does the local workforce size impact job prospects?
A local workforce of 280 suggests a niche market. While this might mean fewer openings, it could also lead to less competition for experienced professionals.
What does a Location Quotient of 0.49 mean for job seekers?
A Location Quotient below 1.0 indicates that the industry is less concentrated in Salem than the national average. This could translate to fewer specialized roles but potentially higher demand for those who possess the required skills.
How does the Cost of Living in Salem compare nationally?
Salem's Cost of Living Index is exactly 100, which is the national average. This means that your salary in Salem will have the same purchasing power as it would on average across the United States.
Are there many job openings for this role in Salem, OR?
With 1.496 jobs per 1,000 workers, the presence of Securities, Commodities, and Financial Services Sales Agents is slightly below the national average, indicating a moderate level of opportunity.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Salem, OR area with a job density of 1.496 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 Salem, OR