SalaryNode

Average Securities, Commodities, and Financial Services Sales Agents Salary in Winston-Salem, NC

In Winston-Salem, NC, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $89,460. This figure is notably below the national average of $110,380, reflecting localized market dynamics and potentially a different cost structure within the region. The specific economic landscape and demand for these specialized financial roles in Winston-Salem contribute to this salary differential.

Executive Summary

  • Average Salary: $89,460 per year.
  • Growth Trend: Salaries have shifted 41.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $169,900.
  • Outlook: Winston-Salem supports a local workforce of 720 Securities, Commodities, and Financial Services Sales Agents. With a Location Quotient of 0.86, the concentration of these roles is slightly below the national average, suggesting a stable but not hyper-concentrated market. The presence of 2.63 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for these professionals within the local economy.
2024 Market Data

Salary Overview

$89,460

The average Securities, Commodities, and Financial Services Sales Agents in Winston-Salem, NC earns-19.0%below the national average.

BreakdownBased on 40h/week
Hourly

$43

Weekly

$1,720

Monthly

$7,455

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Winston-Salem, NC

Career progression for Securities, Commodities, and Financial Services Sales Agents in Winston-Salem, as elsewhere, is typically marked by increasing compensation. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and a proven track record can command salaries significantly higher than the average. The widening gap between entry-level and senior-level salaries signifies substantial earning potential as one advances in their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$45,740$22
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$67,095$32.3
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$60,490$29.1
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$111,825$53.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$169,900$81.7

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

Relocation Context

Nominal Salary

$89,460

Gross Pay

Real Wage (Purchasing Power)

$89,460

Adjusted for COL (100)

The average annual salary of $89,460 in Winston-Salem aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a balanced financial standing for professionals relocating to or residing in the area. Your earnings in Winston-Salem will likely afford you a similar lifestyle in terms of expenses as the national average.

Job Market Context

720

Total Jobs

2.63

Per 1K Jobs

0.86

Location Quotient

Below Average

Winston-Salem, NC has 0.86x 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 0.86, Winston-Salem exhibits a slightly lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that while the profession is present and functional within the local market, it is not a dominant industry hub. The job market is likely competitive, with opportunities available but perhaps not as abundant as in areas with a higher LQ.

Nearby Job Markets

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Winston-Salem, NC?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Winston-Salem, NC is $89,460. This typically ranges from $45,740 for entry-level positions to $169,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Winston-Salem, NC is 19.0% lower than the national median of $110,380.

Is Winston-Salem, NC a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, not compared to the national average.While the average salary of $89,460 is substantial, it falls below the national average of $110,380. However, the cost of living is on par with the national average, making the salary's purchasing power equivalent.

Is Winston-Salem, NC a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Winston-Salem, NC?

Some top paying nearby cities include Greensboro-High Point, NC ($112,390) and Eastern North Carolina nonmetropolitan area.

How does Winston-Salem's salary compare to the national average for this role?

The average salary in Winston-Salem is $89,460, which is lower than the national average of $110,380 for Securities, Commodities, and Financial Services Sales Agents.

What is the concentration of these jobs in Winston-Salem?

The Location Quotient (LQ) for this role in Winston-Salem is 0.86, indicating a slightly lower concentration of these jobs compared to the national average.

How does the cost of living in Winston-Salem affect the salary?

Winston-Salem has a Cost of Living Index of 100, which is the national average. This means the $89,460 salary has the same purchasing power as the national average salary.

What is the total number of these professionals in Winston-Salem?

There are approximately 720 Securities, Commodities, and Financial Services Sales Agents working in Winston-Salem, NC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Winston-Salem, NC area with a job density of 2.63 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.