The average salary for a Securities, Commodities, and Financial Services Sales Agents in Upper Peninsula of Michigan nonmetropolitan area is $105,750. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $105,750 per year.
- Growth Trend: Salaries have shifted 64.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,625.
- Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Upper Peninsula of Michigan nonmetropolitan area economy.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Upper Peninsula of Michigan nonmetropolitan area earns-4.2%below the national average.
$50.8
$2,034
$8,813
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Securities, Commodities, and Financial Services Sales Agents salaries in Upper Peninsula of Michigan nonmetropolitan area have experienced a rapid surge, growing by 64.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area
The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Upper Peninsula of Michigan nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $46,600, while highly experienced professionals can command wages upwards of $158,625.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,600 | $22.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $79,313 | $38.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $70,220 | $33.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $132,188 | $63.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $158,625 | $76.3 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$105,750
Gross Pay
Real Wage (Purchasing Power)
$105,750
Adjusted for COL (100)
In Upper Peninsula of Michigan nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $105,750 to $105,750.
Job Market Context
120
Total Jobs
1.09
Per 1K Jobs
0.36
Location Quotient
At 0.36x, Upper Peninsula of Michigan nonmetropolitan area 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.
120 people work as Securities, Commodities, and Financial Services Sales Agents in Upper Peninsula of Michigan nonmetropolitan area.
1.09 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Upper Peninsula of Michigan nonmetropolitan area?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Upper Peninsula of Michigan nonmetropolitan area is $105,750. This typically ranges from $46,600 for entry-level positions to $158,625 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 4.2% lower than the national median of $110,380.
Is Upper Peninsula of Michigan nonmetropolitan area a good place for Securities, Commodities, and Financial Services Sales Agentss?
It depends on your priorities. While the average Securities, Commodities, and Financial Services Sales Agents salary in Upper Peninsula of Michigan nonmetropolitan area is $105,750 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Upper Peninsula of Michigan nonmetropolitan area. See distinct detailed breakdown below.
Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Upper Peninsula of Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?
Some top paying nearby cities include Midland, MI ($107,190) and Saginaw, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 1.09 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 Upper Peninsula of Michigan nonmetropolitan area