Securities, Commodities, and Financial Services Sales Agents in the Washington-Arlington-Alexandria, DC-VA-MD-WV area earn an average annual salary of $105,680. This figure is slightly below the national average of $110,380, suggesting a nuanced compensation landscape influenced by regional economic factors and industry demand within this specific metropolitan area.
Executive Summary
- Average Salary: $105,680 per year.
- Growth Trend: Salaries have shifted 18.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $210,180.
- Outlook: With a local workforce of 7,530 professionals in this field, the Washington-Arlington-Alexandria area demonstrates a significant presence. The Location Quotient of 0.79 indicates that this sector is slightly less concentrated here than the national average, implying a stable yet not overly saturated job market for these specialized sales roles.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Washington-Arlington-Alexandria, DC-VA-MD-WV earns-4.3%below the national average.
$50.8
$2,032
$8,807
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in the Washington-Arlington-Alexandria region have seen consistent growth over the past four years, mirroring national trends of increasing compensation in the financial sector driven by market performance and evolving client needs.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Washington-Arlington-Alexandria, DC-VA-MD-WV
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions might start considerably lower, while seasoned professionals with extensive client portfolios and proven track records can command salaries well above the average, with higher percentiles reflecting substantial earning potential and career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $49,000 | $23.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $79,260 | $38.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $74,330 | $35.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $132,100 | $63.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $210,180 | $101 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$105,680
Gross Pay
Real Wage (Purchasing Power)
$105,680
Adjusted for COL (100)
The average annual salary of $105,680 in the Washington-Arlington-Alexandria area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, indicating that the compensation is well-balanced with the expenses of living in this region.
Job Market Context
7,530
Total Jobs
2.414
Per 1K Jobs
0.79
Location Quotient
Washington-Arlington-Alexandria, DC-VA-MD-WV has 0.79x 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 0.79 suggests that while the Washington-Arlington-Alexandria area has a substantial number of Securities, Commodities, and Financial Services Sales Agents, it is not disproportionately concentrated compared to the rest of the nation. This indicates a competitive market where opportunities exist, but professionals may need to actively seek out roles rather than finding them readily abundant.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Washington-Arlington-Alexandria, DC-VA-MD-WV
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Washington-Arlington-Alexandria, DC-VA-MD-WV?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Washington-Arlington-Alexandria, DC-VA-MD-WV is $105,680. This typically ranges from $49,000 for entry-level positions to $210,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Washington-Arlington-Alexandria, DC-VA-MD-WV is 4.3% lower than the national median of $110,380.
Is Washington-Arlington-Alexandria, DC-VA-MD-WV a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, it offers competitive compensation.The average salary of $105,680 is strong and aligns with the national average cost of living, providing good earning potential. While slightly below the national average salary, the stable job market and equivalent cost of living make it an attractive location.
Is Washington-Arlington-Alexandria, DC-VA-MD-WV a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Washington-Arlington-Alexandria, DC-VA-MD-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Washington-Arlington-Alexandria, DC-VA-MD-WV?
Some top paying nearby cities include Maryland nonmetropolitan area ($104,110) and Baltimore-Columbia-Towson, MD.
How does the local salary compare to the national average?
The average annual salary in Washington-Arlington-Alexandria is $105,680, which is slightly lower than the national average of $110,380 for Securities, Commodities, and Financial Services Sales Agents.
What is the concentration of this job role in the area?
The Location Quotient is 0.79, indicating that this job role is slightly less concentrated in the Washington-Arlington-Alexandria area compared to the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $105,680 salary has the same purchasing power as the national average salary, making it a fair compensation for the area's expenses.
What is the total number of these professionals in the region?
There are approximately 7,530 Securities, Commodities, and Financial Services Sales Agents employed in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,530 employees in the Washington-Arlington-Alexandria, DC-VA-MD-WV area with a job density of 2.414 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 Washington-Arlington-Alexandria, DC-VA-MD-WV
- All Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Business and Financial Operations Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Management Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Office and Administrative Support Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Food Preparation and Serving Related Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Computer and Mathematical Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Sales and Related Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Educational Instruction and Library Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Transportation and Material Moving Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Healthcare Practitioners and Technical Occupations Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV
- Browse All Jobs in Washington-Arlington-Alexandria, DC-VA-MD-WV →
Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in Washington-Arlington-Alexandria, DC-VA-MD-WV