In Spokane-Spokane Valley, WA, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $86,170. This figure is notably below the national average of $110,380, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. Understanding these local economic factors is crucial for professionals in this field.
Executive Summary
- Average Salary: $86,170 per year.
- Growth Trend: Salaries have shifted 9.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,790.
- Outlook: The Spokane-Spokane Valley job market for Securities, Commodities, and Financial Services Sales Agents appears moderately stable, with a total local workforce of 580 individuals in this role. The Location Quotient of 0.74 indicates a slightly lower concentration of these professionals compared to the national average, suggesting a potentially less saturated but also less robust demand for specialized roles within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Spokane-Spokane Valley, WA earns-21.9%below the national average.
$41.4
$1,657
$7,181
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Spokane-Spokane Valley's Securities, Commodities, and Financial Services Sales Agents is not provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic recovery and evolving market demands typically drive modest increases in compensation for skilled professionals in the financial sector.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Spokane-Spokane Valley, WA
Salary progression for Securities, Commodities, and Financial Services Sales Agents is typically tied to experience and performance. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies significant career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $43,680 | $21 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $64,628 | $31.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $72,740 | $35 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $107,713 | $51.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $130,790 | $62.9 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$86,170
Gross Pay
Real Wage (Purchasing Power)
$86,170
Adjusted for COL (100)
The average annual salary of $86,170 in Spokane-Spokane Valley, WA, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of an $86,170 salary in Spokane is equivalent to the national average, offering a balanced financial landscape for residents.
Job Market Context
580
Total Jobs
2.275
Per 1K Jobs
0.74
Location Quotient
Spokane-Spokane Valley, WA has 0.74x 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 0.74, the Spokane-Spokane Valley 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 not as densely populated with these professionals as in other regions, there may be fewer specialized opportunities or a less established demand compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Coeur d'Alene, ID Securities, Commodities, and Financial Services Sales Agents Salary | $89,560↑ 4% | 30 mi |
| Lewiston, ID-WA Securities, Commodities, and Financial Services Sales Agents Salary | $92,510↑ 7% | 90 mi |
Comparing salaries near Spokane-Spokane Valley, WA
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Spokane-Spokane Valley, WA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Spokane-Spokane Valley, WA is $86,170. This typically ranges from $43,680 for entry-level positions to $130,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Spokane-Spokane Valley, WA is 21.9% lower than the national median of $110,380.
Is Spokane-Spokane Valley, WA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.The average salary of $86,170 is significantly lower than the national average of $110,380. However, the cost of living is on par with the national average, making the effective purchasing power comparable.
Is Spokane-Spokane Valley, WA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Spokane-Spokane Valley, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Spokane-Spokane Valley, WA?
Some top paying nearby cities include Coeur d'Alene, ID ($89,560) and Lewiston, ID-WA.
How does the Spokane job market compare to the national average for this role?
The Spokane-Spokane Valley market has a lower concentration of these professionals (LQ of 0.74) and a lower average salary ($86,170 vs. $110,380 nationally).
What is the cost of living impact on salary in Spokane?
The cost of living in Spokane is exactly at the national average (100), meaning the $86,170 salary has the same purchasing power as the national average salary.
How many Securities, Commodities, and Financial Services Sales Agents are there in Spokane?
There are approximately 580 professionals in this field within the Spokane-Spokane Valley area.
What does a Location Quotient of 0.74 mean for this job?
A Location Quotient of 0.74 indicates that this profession is less concentrated in Spokane-Spokane Valley than the national average, suggesting potentially fewer specialized job openings relative to the national landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Spokane-Spokane Valley, WA area with a job density of 2.275 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 Spokane-Spokane Valley, WA