Average Securities, Commodities, and Financial Services Sales Agents Salary in Wichita, KS
In Wichita, KS, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $79,890. This figure is notably lower than the national average of $110,380, reflecting regional economic factors and the specific demand within the Wichita market. The local compensation structure is influenced by the concentration of these roles and the overall economic landscape of the area.
Executive Summary
- Average Salary: $79,890 per year.
- Growth Trend: Salaries have shifted 19.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $135,010.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Wichita, KS, appears stable but not highly concentrated, with a total local workforce of 330 individuals. The Location Quotient of 0.35 indicates a lower presence of these roles compared to the national average, suggesting a less saturated but potentially less robust demand for specialized financial sales talent within the immediate region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Wichita, KS earns-27.6%below the national average.
$38.4
$1,536
$6,658
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Wichita is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced growth over the past four years, mirroring national trends. Economic recovery and evolving market demands typically drive upward adjustments in compensation for skilled professionals in the financial sector.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Wichita, KS
Career progression for Securities, Commodities, and Financial Services Sales Agents in Wichita, KS, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record can command salaries well into the higher percentiles, reflecting their expertise and ability to generate revenue.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,630 | $22.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $59,918 | $28.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $71,930 | $34.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $99,863 | $48 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $135,010 | $64.9 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$79,890
Gross Pay
Real Wage (Purchasing Power)
$79,890
Adjusted for COL (100)
With an average annual salary of $79,890 and a Cost of Living Index of 100 (matching the national average), the nominal income in Wichita, KS, offers a purchasing power equivalent to the national standard. This means that while the salary is below the national average, the cost of living does not present an immediate disadvantage for those relocating from areas with a similar cost index.
Job Market Context
330
Total Jobs
1.074
Per 1K Jobs
0.35
Location Quotient
At 0.35x, Wichita, KS 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.
The Location Quotient of 0.35 for Securities, Commodities, and Financial Services Sales Agents in Wichita, KS, signifies that this profession is less concentrated locally than the national average. This suggests that while there are opportunities, the market is not saturated, potentially offering a competitive environment for skilled professionals seeking roles in this sector.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Kansas nonmetropolitan area Securities, Commodities, and Financial Services Sales Agents Salary | $72,580↓ 9% | 67 mi |
Comparing salaries near Wichita, KS
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Wichita, KS?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Wichita, KS is $79,890. This typically ranges from $46,630 for entry-level positions to $135,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wichita, KS is 27.6% lower than the national median of $110,380.
Is Wichita, KS a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.The average salary of $79,890 is significantly lower than the national average of $110,380. While the cost of living is average, the lower salary indicates less lucrative opportunities in Wichita for this specific profession.
Is Wichita, KS a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wichita, KS?
Some top paying nearby cities include Kansas nonmetropolitan area ($72,580) and others.
How does the Wichita job market compare to the national average for this role?
The job market in Wichita is less concentrated, with a Location Quotient of 0.35, indicating fewer such roles relative to the national average. This suggests a less competitive but potentially smaller job pool.
What is the average salary for a Securities, Commodities, and Financial Services Sales Agent in Wichita, KS?
The average annual salary for a Securities, Commodities, and Financial Services Sales Agent in Wichita, KS, is $79,890.
How does the cost of living in Wichita affect the salary?
Wichita's Cost of Living Index is 100, which is the national average. This means the $79,890 salary has purchasing power equivalent to the national average, despite being lower than the national salary figure.
What does the 'Jobs per 1,000 Workers' metric mean for Wichita?
The metric of 1.074 jobs per 1,000 workers indicates the relative prevalence of these roles within the local workforce, suggesting a moderate presence within the broader employment landscape of Wichita.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Wichita, KS area with a job density of 1.074 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 Wichita, KS