Average Securities, Commodities, and Financial Services Sales Agents Salary in Syracuse, NY
Securities, Commodities, and Financial Services Sales Agents in Syracuse, NY, earn an average annual salary of $107,640. This figure is slightly below the national average of $110,380, indicating a localized compensation structure influenced by regional economic factors and market demand within the Syracuse area.
Executive Summary
- Average Salary: $107,640 per year.
- Growth Trend: Salaries have shifted 45.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $186,890.
- Outlook: The Syracuse job market for Securities, Commodities, and Financial Services Sales Agents, while modest in size with a total local workforce of 380, shows a specific concentration. The jobs per 1,000 workers metric of 1.293 suggests a steady, albeit not overwhelmingly high, demand for these specialized roles within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Syracuse, NY earns-2.5%below the national average.
$51.8
$2,070
$8,970
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the financial services sector, including roles like Securities, Commodities, and Financial Services Sales Agents, has experienced consistent salary growth over the past four years, mirroring national trends of increasing compensation in specialized financial roles.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Syracuse, NY
Salary progression for Securities, Commodities, and Financial Services Sales Agents is significantly tied to experience. Entry-level positions typically 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 into the upper percentiles, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,560 | $22.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $80,730 | $38.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $96,670 | $46.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $134,550 | $64.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $186,890 | $89.9 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$107,640
Gross Pay
Real Wage (Purchasing Power)
$107,640
Adjusted for COL (100)
With a Cost of Living Index of 100, Syracuse, NY, offers a cost of living that is precisely at the national average. This means the nominal salary of $107,640 provides purchasing power that aligns directly with the typical American standard, making relocation financially neutral in terms of day-to-day expenses.
Job Market Context
380
Total Jobs
1.293
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Syracuse, NY 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.
The Location Quotient of 0.42 for Securities, Commodities, and Financial Services Sales Agents in Syracuse indicates that this profession is less concentrated in Syracuse compared to the national average. This suggests a less saturated market, potentially offering opportunities for skilled professionals but also implying a smaller overall industry presence.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Syracuse, NY
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Syracuse, NY?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Syracuse, NY is $107,640. This typically ranges from $46,560 for entry-level positions to $186,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Syracuse, NY is 2.5% lower than the national median of $110,380.
Is Syracuse, NY a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, it is slightly below the national average.While the average salary of $107,640 is substantial, it falls just short of the national average of $110,380. The cost of living being at the national average means the purchasing power is comparable, but the earning potential is not as high as in other regions.
Is Syracuse, NY a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Syracuse, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Syracuse, NY?
Some top paying nearby cities include Ithaca, NY ($96,660) and Utica-Rome, NY.
What is the average salary for this role in Syracuse, NY?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Syracuse, NY, is $107,640.
How does the Syracuse salary compare to the national average?
The average salary in Syracuse ($107,640) is slightly lower than the national average ($110,380) for this profession.
What does the Cost of Living Index of 100 mean for Syracuse?
A Cost of Living Index of 100 means that Syracuse, NY, has a cost of living that is exactly the same as the national average.
Is there high demand for these roles in Syracuse?
The market shows a specific concentration with 1.293 jobs per 1,000 workers, indicating a steady but not exceptionally high demand for these roles within the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Syracuse, NY area with a job density of 1.293 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 Syracuse, NY