Securities, Commodities, and Financial Services Sales Agents in Scranton--Wilkes-Barre, PA, earn an average annual salary of $84,540. This figure is notably below the national average of $110,380, suggesting that regional economic factors and industry concentration play a significant role in compensation within this specific metropolitan area.
Executive Summary
- Average Salary: $84,540 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $157,430.
- Outlook: The Scranton--Wilkes-Barre job market for Securities, Commodities, and Financial Services Sales Agents is moderately sized, with a total local workforce of 570 individuals. The Location Quotient of 0.73 indicates a slightly lower concentration of these roles compared to the national average, suggesting a stable but not rapidly expanding demand within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Scranton--Wilkes-Barre, PA earns-23.4%below the national average.
$40.7
$1,626
$7,045
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced consistent growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trajectory is typical for roles within the financial services sector, driven by market performance and evolving client needs.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Scranton--Wilkes-Barre, PA
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the gap between starting salaries and those earned by seasoned professionals often signifies substantial growth in earning potential, reflecting accumulated expertise, client portfolios, and sales performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $48,220 | $23.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $63,405 | $30.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $59,060 | $28.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $105,675 | $50.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $157,430 | $75.7 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$84,540
Gross Pay
Real Wage (Purchasing Power)
$84,540
Adjusted for COL (100)
The average annual salary of $84,540 in Scranton--Wilkes-Barre, PA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, providing a stable financial standing for residents.
Job Market Context
570
Total Jobs
2.234
Per 1K Jobs
0.73
Location Quotient
Scranton--Wilkes-Barre, PA has 0.73x 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.
With a Location Quotient of 0.73, the Scranton--Wilkes-Barre area has a slightly lower concentration of Securities, Commodities, and Financial Services Sales Agents than the national average. This suggests that while the market is present, it may be less saturated, potentially offering opportunities for skilled professionals but indicating a less robust demand compared to more concentrated financial hubs.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Scranton--Wilkes-Barre, PA
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Scranton--Wilkes-Barre, PA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Scranton--Wilkes-Barre, PA is $84,540. This typically ranges from $48,220 for entry-level positions to $157,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Scranton--Wilkes-Barre, PA is 23.4% lower than the national median of $110,380.
Is Scranton--Wilkes-Barre, PA 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 $84,540 is significantly lower than the national average of $110,380, indicating less lucrative compensation within this specific region.
Is Scranton--Wilkes-Barre, PA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Scranton--Wilkes-Barre, PA?
Some top paying nearby cities include Binghamton, NY ($104,770) and Allentown-Bethlehem-Easton, PA-NJ.
How does the Scranton--Wilkes-Barre salary compare to the national average?
The average salary of $84,540 in Scranton--Wilkes-Barre, PA, is approximately 23% lower than the national average of $110,380 for Securities, Commodities, and Financial Services Sales Agents.
What is the job market like for these agents in Scranton--Wilkes-Barre?
The job market is moderately concentrated, with 2.234 jobs per 1,000 workers and a total local workforce of 570, indicating a stable but not exceptionally high demand.
Does the cost of living affect the salary's value?
No, the cost of living in Scranton--Wilkes-Barre is at the national average (100), meaning the $84,540 salary has purchasing power equivalent to the national average.
Is there a high concentration of these jobs in Scranton--Wilkes-Barre?
No, the Location Quotient of 0.73 suggests a slightly lower concentration of these roles compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Scranton--Wilkes-Barre, PA area with a job density of 2.234 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 Scranton--Wilkes-Barre, PA