Securities, Commodities, and Financial Services Sales Agents in Southern Indiana's nonmetropolitan areas earn an impressive average annual salary of $110,660. This figure slightly surpasses the national average of $110,380, indicating a competitive compensation landscape. The localized pay is influenced by the specific economic drivers and demand within this region, even in non-urban settings.
Executive Summary
- Average Salary: $110,660 per year.
- Growth Trend: Salaries have shifted 126.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $200,830.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Southern Indiana's nonmetropolitan areas appears stable, with a total local workforce of 200 individuals. The Location Quotient of 0.32 suggests a lower concentration of these roles compared to the national average, implying a niche but potentially specialized demand within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Southern Indiana nonmetropolitan area earns+0.3%above the national average.
$53.2
$2,128
$9,222
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in Southern Indiana have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving market demands, and the increasing complexity of financial products likely contribute to upward salary adjustments in this sector.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Southern Indiana nonmetropolitan area
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase from entry-level to senior positions. As professionals gain experience, develop specialized skills, and build client portfolios, their earning potential expands considerably. The percentile gaps in salary data clearly signify these opportunities for career advancement and increased compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $40,880 | $19.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $82,995 | $39.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $74,340 | $35.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $138,325 | $66.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $200,830 | $96.6 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$110,660
Gross Pay
Real Wage (Purchasing Power)
$110,660
Adjusted for COL (100)
The average annual salary of $110,660 in Southern Indiana's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial foundation for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
200
Total Jobs
0.995
Per 1K Jobs
0.32
Location Quotient
At 0.32x, Southern Indiana nonmetropolitan area 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.
With a Location Quotient of 0.32, the market for Securities, Commodities, and Financial Services Sales Agents in Southern Indiana's nonmetropolitan areas is less concentrated than the national average. This suggests that while the absolute number of jobs might be lower, the roles may be more specialized or less competitive, potentially offering unique opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Southern Indiana nonmetropolitan area
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Southern Indiana nonmetropolitan area?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Southern Indiana nonmetropolitan area is $110,660. This typically ranges from $40,880 for entry-level positions to $200,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Indiana nonmetropolitan area is 0.3% higher than the national median of $110,380.
Is Southern Indiana nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, it offers competitive compensation.The average salary of $110,660 is slightly above the national average, and the cost of living is at the national average, making it financially advantageous.
Is Southern Indiana nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($103,050) and Kokomo, IN.
How does the local workforce size affect job prospects?
A local workforce of 200 suggests a smaller, potentially more specialized market. While not a large pool, it indicates a dedicated presence for these roles within the region.
What does a Location Quotient of 0.32 mean for job seekers?
A Location Quotient below 1.0, like 0.32, indicates that these roles are less common in Southern Indiana nonmetropolitan areas compared to the national average, suggesting a niche market.
How does the cost of living impact the salary?
With a Cost of Living Index of 100, the $110,660 salary has the same purchasing power as the national average, making it a stable income in the region.
What is the job density for this role in Southern Indiana?
There are approximately 0.995 jobs per 1,000 workers in this sector within the Southern Indiana nonmetropolitan area, reflecting the specific 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 200 employees in the Southern Indiana nonmetropolitan area area with a job density of 0.995 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 Southern Indiana nonmetropolitan area