Securities, Commodities, and Financial Services Sales Agents in the Trenton-Princeton, NJ area earn an impressive average annual salary of $105,410. This figure is slightly below the national average of $110,380, but the concentration of industry professionals suggests a specialized local demand that influences compensation within this dynamic sector.
Executive Summary
- Average Salary: $105,410 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $197,780.
- Outlook: With a local workforce of 2,260 professionals in this field, Trenton-Princeton demonstrates a significant concentration of talent. The Location Quotient of 3.09 indicates that this region is a hub for these specialized roles, suggesting a robust job market with sustained demand for experienced individuals.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Trenton-Princeton, NJ earns-4.5%below the national average.
$50.7
$2,027
$8,784
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, driven by market performance and increasing demand for financial expertise.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Trenton-Princeton, NJ
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but seasoned professionals with a proven track record can command salaries well into the higher percentiles, reflecting their accumulated knowledge and client base.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $50,700 | $24.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $79,058 | $38 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $96,350 | $46.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $131,763 | $63.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $197,780 | $95.1 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$105,410
Gross Pay
Real Wage (Purchasing Power)
$105,410
Adjusted for COL (100)
The average annual salary of $105,410 in Trenton-Princeton 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 environment for professionals residing in the area.
Job Market Context
2,260
Total Jobs
9.456
Per 1K Jobs
3.09
Location Quotient
Trenton-Princeton, NJ has 3.1x the national concentration of Securities, Commodities, and Financial Services Sales Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 3.09 signifies a substantial concentration of Securities, Commodities, and Financial Services Sales Agents in Trenton-Princeton compared to the national average. This indicates a highly specialized and competitive market, where employers actively seek talent and professionals may find numerous career opportunities.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Trenton-Princeton, NJ
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Trenton-Princeton, NJ?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Trenton-Princeton, NJ is $105,410. This typically ranges from $50,700 for entry-level positions to $197,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Trenton-Princeton, NJ is 4.5% lower than the national median of $110,380.
Is Trenton-Princeton, NJ a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, with a strong local concentration.The average salary is competitive, and the high Location Quotient indicates a strong demand for these professionals in the area.
Is Trenton-Princeton, NJ a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Trenton-Princeton, NJ?
Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($99,750) and Allentown-Bethlehem-Easton, PA-NJ.
How does the Trenton-Princeton salary compare to the national average?
The average salary of $105,410 in Trenton-Princeton is slightly lower than the national average of $110,380.
What does the Location Quotient of 3.09 mean?
A Location Quotient of 3.09 means that Trenton-Princeton has about three times the concentration of Securities, Commodities, and Financial Services Sales Agents as the national average.
Is the cost of living high in Trenton-Princeton?
No, the cost of living in Trenton-Princeton is at the national average, indicated by an index of 100.
How many of these professionals work in Trenton-Princeton?
There are approximately 2,260 Securities, Commodities, and Financial Services Sales Agents working in the Trenton-Princeton area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,260 employees in the Trenton-Princeton, NJ area with a job density of 9.456 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Securities, Commodities, and Financial Services Sales Agents Salaries by State
Top Jobs in Trenton-Princeton, NJ
- All Occupations Salary in Trenton-Princeton, NJ
- Office and Administrative Support Occupations Salary in Trenton-Princeton, NJ
- Business and Financial Operations Occupations Salary in Trenton-Princeton, NJ
- Management Occupations Salary in Trenton-Princeton, NJ
- Transportation and Material Moving Occupations Salary in Trenton-Princeton, NJ
- Educational Instruction and Library Occupations Salary in Trenton-Princeton, NJ
- Sales and Related Occupations Salary in Trenton-Princeton, NJ
- Food Preparation and Serving Related Occupations Salary in Trenton-Princeton, NJ
- Healthcare Practitioners and Technical Occupations Salary in Trenton-Princeton, NJ
- Computer and Mathematical Occupations Salary in Trenton-Princeton, NJ
- Browse All Jobs in Trenton-Princeton, NJ →
Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in Trenton-Princeton, NJ