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Average Securities, Commodities, and Financial Services Sales Agents Salary in York-Hanover, PA

Securities, Commodities, and Financial Services Sales Agents in York-Hanover, PA, earn an average annual salary of $80,590. This figure is notably below the national average of $110,380, suggesting that local market dynamics, industry concentration, and potentially regional economic factors influence compensation in this Pennsylvania locale.

Executive Summary

  • Average Salary: $80,590 per year.
  • Growth Trend: Salaries have shifted 32.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,650.
  • Outlook: With a total local workforce of 340 individuals in this specialized field, the York-Hanover area presents a modest but stable employment landscape for Securities, Commodities, and Financial Services Sales Agents. The Location Quotient of 0.61 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market is not saturated, offering a balanced environment for job seekers.
2024 Market Data

Salary Overview

$80,590

The average Securities, Commodities, and Financial Services Sales Agents in York-Hanover, PA earns-27.0%below the national average.

BreakdownBased on 40h/week
Hourly

$38.8

Weekly

$1,550

Monthly

$6,716

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in York-Hanover, PA

Career progression for Securities, Commodities, and Financial Services Sales Agents 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 in the higher percentiles. The widening gap between entry-level and senior compensation reflects the accumulation of expertise, client portfolios, and sales success.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$45,450$21.9
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$60,443$29.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$56,850$27.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$100,738$48.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$159,650$76.8

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

Relocation Context

Nominal Salary

$80,590

Gross Pay

Real Wage (Purchasing Power)

$80,590

Adjusted for COL (100)

The nominal average salary of $80,590 in York-Hanover, PA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an agent's salary in York-Hanover is equivalent to the national average, indicating that while the salary is lower than the national average, the cost of living does not exacerbate this difference, offering a stable financial standing relative to national benchmarks.

Job Market Context

340

Total Jobs

1.864

Per 1K Jobs

0.61

Location Quotient

Below Average

York-Hanover, PA has 0.61x 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.

The Location Quotient of 0.61 for Securities, Commodities, and Financial Services Sales Agents in York-Hanover, PA, signifies that this profession is less concentrated locally than the national average. This suggests that while the demand for these professionals is present, the supply might be more readily available or the industry footprint is smaller compared to national hubs, potentially leading to a more competitive job market for new entrants.

Nearby Job Markets

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in York-Hanover, PA?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in York-Hanover, PA is $80,590. This typically ranges from $45,450 for entry-level positions to $159,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in York-Hanover, PA is 27.0% lower than the national median of $110,380.

Is York-Hanover, PA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, it is not more lucrative than the national average.The average salary of $80,590 is significantly lower than the national average of $110,380, although the cost of living is on par with the national average.

Is York-Hanover, PA a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in York-Hanover, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near York-Hanover, PA?

Some top paying nearby cities include Harrisburg-Carlisle, PA ($89,570) and Lancaster, PA.

How does the number of jobs per 1,000 workers compare nationally?

With 1.864 jobs per 1,000 workers, York-Hanover has a slightly lower density of Securities, Commodities, and Financial Services Sales Agents compared to the national average, indicating a less saturated market.

What is the significance of the Location Quotient (LQ) of 0.61?

An LQ of 0.61 means that Securities, Commodities, and Financial Services Sales Agents are 39% less concentrated in York-Hanover compared to the national average, suggesting fewer specialized roles relative to the overall workforce.

How does the cost of living in York-Hanover affect salary perception?

With a Cost of Living Index of 100, York-Hanover's living expenses are average nationally. This means the $80,590 salary offers average purchasing power, balancing the lower nominal wage against typical expenses.

What is the total workforce size for this role in York-Hanover?

The total local workforce for Securities, Commodities, and Financial Services Sales Agents in York-Hanover, PA, is 340 individuals, representing a stable but relatively small segment of the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the York-Hanover, PA area with a job density of 1.864 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.