Securities, Commodities, and Financial Services Sales Agents in the Slidell-Mandeville-Covington, LA area earn an average annual salary of $75,230. This figure is notably lower than the national average of $110,380. Local economic factors, industry demand, and the overall cost of living within the region contribute to this localized pay scale.
Executive Summary
- Average Salary: $75,230 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,690.
- Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Slidell-Mandeville-Covington, LA, comprises a workforce of 210 individuals. With a Location Quotient of 0.69, the concentration of these roles is below the national average, suggesting a less saturated but potentially growing market. The presence of 2.122 jobs per 1,000 workers indicates a steady, albeit modest, demand for these professionals.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Slidell-Mandeville-Covington, LA earns-31.8%below the national average.
$36.2
$1,447
$6,269
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise locality isn't provided, it's reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in Slidell-Mandeville-Covington, LA, have experienced growth over the past four years, mirroring national trends. Economic recovery, increased market activity, and inflation typically drive upward adjustments in compensation for skilled professionals in the financial sector.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Slidell-Mandeville-Covington, LA
Career progression for Securities, Commodities, and Financial Services Sales Agents significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven track record can command substantially higher salaries. The percentile gaps in compensation clearly signify the career advancement opportunities and the rewards associated with accumulating expertise and client portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,350 | $18 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $56,423 | $27.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $55,020 | $26.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $94,038 | $45.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $133,690 | $64.3 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$75,230
Gross Pay
Real Wage (Purchasing Power)
$75,230
Adjusted for COL (100)
The nominal average annual salary of $75,230 in Slidell-Mandeville-Covington, LA, 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, indicating that the cost of goods and services in this area is neither significantly higher nor lower than the typical American city.
Job Market Context
210
Total Jobs
2.122
Per 1K Jobs
0.69
Location Quotient
Slidell-Mandeville-Covington, LA has 0.69x 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 0.69, the Slidell-Mandeville-Covington, LA, market has a lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that while the demand exists, the field is less competitive than in major financial hubs, potentially offering opportunities for professionals looking to establish themselves in a less saturated environment.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
| City | Salary | Dist. |
|---|---|---|
| New Orleans-Metairie, LA Securities, Commodities, and Financial Services Sales Agents Salary | $119,430↑ 59% | 18 mi |
| Gulfport-Biloxi, MS Securities, Commodities, and Financial Services Sales Agents Salary | $60,420↓ 20% | 44 mi |
| Hattiesburg, MS Securities, Commodities, and Financial Services Sales Agents Salary | $50,740↓ 33% | 76 mi |
Comparing salaries near Slidell-Mandeville-Covington, LA
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Slidell-Mandeville-Covington, LA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Slidell-Mandeville-Covington, LA is $75,230. This typically ranges from $37,350 for entry-level positions to $133,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Slidell-Mandeville-Covington, LA is 31.8% lower than the national median of $110,380.
Is Slidell-Mandeville-Covington, LA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.The average salary of $75,230 is significantly below the national average of $110,380, despite a cost of living that matches the national average.
Is Slidell-Mandeville-Covington, LA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Slidell-Mandeville-Covington, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Slidell-Mandeville-Covington, LA?
Some top paying nearby cities include New Orleans-Metairie, LA ($119,430) and Gulfport-Biloxi, MS.
How does the local salary compare to the national average?
The average salary for Securities, Commodities, and Financial Services Sales Agents in Slidell-Mandeville-Covington, LA is $75,230, which is considerably lower than the national average of $110,380.
What is the job concentration for this role in the area?
The Location Quotient of 0.69 indicates that the concentration of Securities, Commodities, and Financial Services Sales Agents in Slidell-Mandeville-Covington, LA is below the national average.
Does the cost of living affect the salary's value?
No, the local Cost of Living Index is 100, which is the national average. This means the $75,230 salary has average purchasing power within the region.
How many of these professionals work in the Slidell-Mandeville-Covington, LA area?
There are approximately 210 Securities, Commodities, and Financial Services Sales Agents employed in the Slidell-Mandeville-Covington, LA region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Slidell-Mandeville-Covington, LA area with a job density of 2.122 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 Slidell-Mandeville-Covington, LA