Average Securities, Commodities, and Financial Services Sales Agents Salary in Toledo, OH
In Toledo, OH, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $76,070. This figure is notably lower than the national average of $110,380, reflecting regional economic factors and the specific demand within the Toledo market for these specialized financial roles. Localized market dynamics significantly influence compensation levels for financial professionals.
Executive Summary
- Average Salary: $76,070 per year.
- Growth Trend: Salaries have shifted 31.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,500.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Toledo, OH, appears to be stable, with a total local workforce of 350 individuals in this profession. The Location Quotient of 0.39 suggests a concentration below the national average, indicating that while the profession exists, it is not a dominant sector within the local economy compared to national trends. The rate of 1.188 jobs per 1,000 workers further contextualizes the presence of these roles within the broader employment landscape.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Toledo, OH earns-31.1%below the national average.
$36.6
$1,463
$6,339
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Toledo is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents across the nation, and likely within Toledo, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increasing demand for financial services, and evolving market complexities that necessitate skilled professionals.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Toledo, OH
Salary progression for Securities, Commodities, and Financial Services Sales Agents is strongly tied to experience and demonstrated performance. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record and specialized expertise can significantly increase their earning potential. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, signifies clear opportunities for career advancement and substantial income growth within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,180 | $16.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $57,053 | $27.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $53,200 | $25.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $95,088 | $45.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $123,500 | $59.4 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$76,070
Gross Pay
Real Wage (Purchasing Power)
$76,070
Adjusted for COL (100)
With an average annual salary of $76,070 and a Cost of Living Index of 100 (which is precisely the national average), the nominal income in Toledo, OH, offers purchasing power equivalent to the national average. This means that while the salary is below the national average for the role, the cost of living does not further diminish its real value relative to other parts of the country.
Job Market Context
350
Total Jobs
1.188
Per 1K Jobs
0.39
Location Quotient
At 0.39x, Toledo, OH 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 0.39 for Securities, Commodities, and Financial Services Sales Agents in Toledo, OH, indicates that this profession is less concentrated in the area compared to the national average. This suggests a less competitive market with potentially fewer specialized roles available, but also possibly less saturation of talent, which could be advantageous for skilled individuals seeking employment.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Toledo, OH
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Toledo, OH?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Toledo, OH is $76,070. This typically ranges from $34,180 for entry-level positions to $123,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 31.1% lower than the national median of $110,380.
Is Toledo, OH a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.The average salary of $76,070 in Toledo, OH, is significantly lower than the national average of $110,380 for this role. However, the cost of living is on par with the national average, meaning the purchasing power of the local salary is not further reduced.
Is Toledo, OH a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($83,990) and Ann Arbor, MI.
How does Toledo's job market compare nationally for this role?
Toledo's job market for Securities, Commodities, and Financial Services Sales Agents is less concentrated than the national average, as indicated by a Location Quotient of 0.39. This suggests fewer opportunities relative to the national landscape.
What is the average salary for this role in Toledo, OH?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Toledo, OH, is $76,070.
How does the cost of living in Toledo affect the salary?
The Cost of Living Index in Toledo is 100, which is the national average. Therefore, the $76,070 salary offers purchasing power equivalent to the national average, despite being lower than the national salary for the role.
What does the Location Quotient of 0.39 mean for job seekers?
A Location Quotient of 0.39 signifies that the concentration of Securities, Commodities, and Financial Services Sales Agents in Toledo is less than half of the national average, implying a smaller, potentially less competitive, but also less robust job market for this specific profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Toledo, OH area with a job density of 1.188 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 Toledo, OH