Securities, Commodities, and Financial Services Sales Agents in the Waterbury-Shelton, CT area command an impressive average annual salary of $142,700. This figure significantly surpasses the national average of $110,380, indicating a strong local demand and potentially higher commission structures or specialized roles within the region that drive this elevated compensation.
Executive Summary
- Average Salary: $142,700 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $214,050.
- Outlook: With a local workforce of 250 professionals in this specialized field, the Waterbury-Shelton area demonstrates a concentrated pool of talent. The Location Quotient of 0.52 suggests that while the concentration is below the national average, the presence of a dedicated workforce of this size indicates a stable, albeit not hyper-saturated, market for these financial services roles.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Waterbury-Shelton, CT earns+29.3%above the national average.
$68.6
$2,744
$11,892
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Waterbury-Shelton is not provided, the financial services sector nationally has experienced consistent growth over the past four years. It is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in this region have also seen a positive upward trend, mirroring broader economic expansion and increasing demand for sophisticated financial advice and services.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Waterbury-Shelton, CT
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with established client bases and proven track records can command salaries well into the upper percentiles, reflecting their value and expertise in the market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $51,270 | $24.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $107,025 | $51.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $125,310 | $60.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $178,375 | $85.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $214,050 | $102.9 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$142,700
Gross Pay
Real Wage (Purchasing Power)
$142,700
Adjusted for COL (100)
The average annual salary of $142,700 in Waterbury-Shelton, CT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is directly comparable to the national standard, allowing professionals to maintain a similar lifestyle to their counterparts elsewhere in the country without financial compromise.
Job Market Context
250
Total Jobs
1.58
Per 1K Jobs
0.52
Location Quotient
Waterbury-Shelton, CT has 0.52x 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 0.52 indicates that Securities, Commodities, and Financial Services Sales Agents are less concentrated in Waterbury-Shelton compared to the national average. This suggests that while the jobs exist, the market may not be oversaturated, potentially offering good opportunities for skilled professionals seeking employment without facing intense competition from a disproportionately large number of peers.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Waterbury-Shelton, CT
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Waterbury-Shelton, CT?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Waterbury-Shelton, CT is $142,700. This typically ranges from $51,270 for entry-level positions to $214,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterbury-Shelton, CT is 29.3% higher than the national median of $110,380.
Is Waterbury-Shelton, CT a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, it is a lucrative location.The average salary of $142,700 is substantially higher than the national average, and the cost of living is at the national average, maximizing the value of these earnings.
Is Waterbury-Shelton, CT a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterbury-Shelton, CT?
Some top paying nearby cities include New Haven, CT ($138,500) and Hartford-West Hartford-East Hartford, CT.
How does the local salary compare to the national average?
The average salary of $142,700 in Waterbury-Shelton, CT is approximately 29% higher than the national average of $110,380 for Securities, Commodities, and Financial Services Sales Agents.
What is the significance of the Location Quotient (LQ) of 0.52?
An LQ of 0.52 means that the concentration of Securities, Commodities, and Financial Services Sales Agents in Waterbury-Shelton is about half of the national average. This suggests a less crowded job market relative to the nation.
Does the cost of living affect the real value of the salary?
No, the cost of living in Waterbury-Shelton is exactly at the national average (100). This means the $142,700 salary has the same purchasing power as it would nationally, making it a strong indicator of real earnings.
How many jobs per 1,000 workers are in this field in Waterbury-Shelton?
There are 1.58 jobs per 1,000 workers in the Securities, Commodities, and Financial Services Sales Agents field in Waterbury-Shelton, CT.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Waterbury-Shelton, CT area with a job density of 1.58 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 Waterbury-Shelton, CT
- All Occupations Salary in Waterbury-Shelton, CT
- Office and Administrative Support Occupations Salary in Waterbury-Shelton, CT
- Transportation and Material Moving Occupations Salary in Waterbury-Shelton, CT
- Food Preparation and Serving Related Occupations Salary in Waterbury-Shelton, CT
- Management Occupations Salary in Waterbury-Shelton, CT
- Sales and Related Occupations Salary in Waterbury-Shelton, CT
- Production Occupations Salary in Waterbury-Shelton, CT
- Educational Instruction and Library Occupations Salary in Waterbury-Shelton, CT
- Healthcare Practitioners and Technical Occupations Salary in Waterbury-Shelton, CT
- Healthcare Support Occupations Salary in Waterbury-Shelton, CT
- Browse All Jobs in Waterbury-Shelton, CT →
Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in Waterbury-Shelton, CT