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Average Securities, Commodities, and Financial Services Sales Agents Salary in West Delta Mississippi nonmetropolitan area

Securities, Commodities, and Financial Services Sales Agents in the West Delta Mississippi nonmetropolitan area earn an average annual salary of $47,530. This figure significantly trails the national average of $110,380, reflecting regional economic factors and a smaller market size. The lower compensation is often tied to the specific economic landscape and demand within this particular nonmetropolitan region.

Executive Summary

  • Average Salary: $47,530 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,550.
  • Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in the West Delta Mississippi nonmetropolitan area is relatively stable, with a total local workforce of 260 individuals in this role. The Location Quotient of 0.91 suggests a concentration of these professionals that is nearly on par with the national average, indicating a consistent, albeit not exceptionally high, demand for their services within the region.
2024 Market Data

Salary Overview

$47,530

The average Securities, Commodities, and Financial Services Sales Agents in West Delta Mississippi nonmetropolitan area earns-56.9%below the national average.

BreakdownBased on 40h/week
Hourly

$22.9

Weekly

$914

Monthly

$3,961

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in West Delta Mississippi nonmetropolitan area

Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and specialized knowledge can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$34,200$16.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$35,648$17.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$46,290$22.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$59,413$28.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$49,550$23.8

Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis

Relocation Context

Nominal Salary

$47,530

Gross Pay

Real Wage (Purchasing Power)

$47,530

Adjusted for COL (100)

The average annual salary of $47,530 in the West Delta Mississippi nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, suggesting that the cost of essential goods and services locally is comparable to the rest of the country.

Job Market Context

260

Total Jobs

2.792

Per 1K Jobs

0.91

Location Quotient

Below Average

West Delta Mississippi nonmetropolitan area has 0.91x 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.

With a Location Quotient of 0.91, the West Delta Mississippi nonmetropolitan area exhibits a job market for Securities, Commodities, and Financial Services Sales Agents that is slightly less concentrated than the national average. This indicates that while the profession is present and has a steady presence, it is not a dominant sector within the local economy, suggesting a moderately competitive but accessible job market.

Nearby Job Markets

Nearby Cities for Securities, Commodities, and Financial Services Sales Agents

Comparing salaries near West Delta Mississippi nonmetropolitan area

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in West Delta Mississippi nonmetropolitan area?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in West Delta Mississippi nonmetropolitan area is $47,530. This typically ranges from $34,200 for entry-level positions to $49,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Delta Mississippi nonmetropolitan area is 56.9% lower than the national median of $110,380.

Is West Delta Mississippi nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, it is not considered a lucrative area compared to the national average.The average salary of $47,530 is substantially lower than the national average of $110,380. While the cost of living is average, the compensation does not reflect the higher earning potential seen in other regions.

Is West Delta Mississippi nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in West Delta Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near West Delta Mississippi nonmetropolitan area?

Some top paying nearby cities include Jackson, MS ($72,660) and others.

How does the local workforce size impact job opportunities?

A local workforce of 260 suggests a moderate-sized market. While not a large hub, it indicates a consistent need for these professionals within the West Delta region.

What does a Location Quotient of 0.91 signify?

A Location Quotient of 0.91 means the concentration of Securities, Commodities, and Financial Services Sales Agents in West Delta is slightly below the national average. This suggests a stable, but not overly saturated, job market.

How does the Cost of Living affect the $47,530 salary?

With a Cost of Living Index of 100, the $47,530 salary has the same purchasing power as the national average. This means local expenses are on par with the rest of the country, making the lower salary's impact on lifestyle neutral in terms of cost.

What are the typical career paths for this role in West Delta?

Career paths likely involve moving from entry-level sales roles to more senior positions, potentially managing teams or specializing in specific financial products, with salary increases tied to performance and experience.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the West Delta Mississippi nonmetropolitan area area with a job density of 2.792 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.