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Average Securities, Commodities, and Financial Services Sales Agents Salary in Texas

Securities, Commodities, and Financial Services Sales Agents in Texas earn an average annual salary of $103,040. This figure is slightly below the national average of $110,380, reflecting a nuanced interplay of market demand, industry concentration, and regional economic factors within the state. While Texas presents a substantial market, localized dynamics contribute to this specific compensation level.

Executive Summary

  • Average Salary: $103,040 per year.
  • Growth Trend: Salaries have shifted 14.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $206,910.
  • Outlook: With a total local workforce of 39,900 individuals in this sector, Texas demonstrates a significant presence for Securities, Commodities, and Financial Services Sales Agents. The Location Quotient of 0.94 indicates that the concentration of these roles in Texas is nearly on par with the national average, suggesting a stable and robust job market that closely mirrors national employment patterns for this profession.
2024 Market Data

Salary Overview

$103,040

The average Securities, Commodities, and Financial Services Sales Agents in Texas earns-6.6%below the national average.

BreakdownBased on 40h/week
Hourly

$49.5

Weekly

$1,982

Monthly

$8,587

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Texas

Career progression for Securities, Commodities, and Financial Services Sales Agents in Texas typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise, develop client portfolios, and achieve higher sales volumes, their earning potential escalates, with senior roles commanding salaries well into the upper percentiles, reflecting their accumulated value and performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$45,220$21.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$77,280$37.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$74,250$35.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$128,800$61.9
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$206,910$99.5

Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis

Relocation Context

Nominal Salary

$103,040

Gross Pay

Real Wage (Purchasing Power)

$110,796

Adjusted for COL (93)

The average annual salary of $103,040 in Texas is quite favorable when considering the local Cost of Living Index of 93. This index is below the national average of 100, meaning that the purchasing power of an agent's salary in Texas is likely higher than the nominal amount suggests, offering a comfortable standard of living relative to national benchmarks.

Job Market Context

39,900

Total Jobs

2.881

Per 1K Jobs

0.94

Location Quotient

Below Average

Texas has 0.94x 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.

A Location Quotient of 0.94 for Securities, Commodities, and Financial Services Sales Agents in Texas signifies that the employment concentration for this role is very close to the national average. This suggests a competitive yet accessible job market, where opportunities are readily available without being overly saturated, offering a balanced environment for both new entrants and experienced professionals.

Nearby Job Markets

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Texas?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Texas is $103,040. This typically ranges from $45,220 for entry-level positions to $206,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 6.6% lower than the national median of $110,380.

Is Texas a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

Yes, Texas offers a lucrative environment for these professionals.The state's average salary of $103,040, combined with a cost of living below the national average, provides strong earning potential and purchasing power.

Is Texas a good place to live for Securities, Commodities, and Financial Services Sales Agents?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($73,270) and Waco, TX.

How does the Texas salary compare to the national average?

The average salary for Securities, Commodities, and Financial Services Sales Agents in Texas is $103,040, which is slightly lower than the national average of $110,380.

What is the job market like for these agents in Texas?

Texas has a robust job market for these agents, with a total workforce of 39,900 and a concentration (Location Quotient) of 0.94, indicating a market size very close to the national average.

How does the cost of living affect salary perception in Texas?

With a Cost of Living Index of 93 (below the national average of 100), the $103,040 salary in Texas offers a higher effective purchasing power than the nominal figure might suggest.

What does a Location Quotient of 0.94 mean for job seekers?

A Location Quotient of 0.94 suggests that the proportion of Securities, Commodities, and Financial Services Sales Agents in Texas is nearly the same as the national average, indicating a stable and competitive job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 39,900 employees in the Texas area with a job density of 2.881 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.