How much does a Commercial Specialist make?
Commercial specialists often find themselves in high demand, particularly in industries that require a deep understanding of business and market trends. Their expertise can lead to a rewarding career, with competitive salaries. The average yearly salary for a commercial specialist is around $61,061. This salary range can vary widely based on factors such as experience, location, and industry.
Some commercial specialists earn less, while others make significantly more. For instance, the lowest-paid commercial specialists, who are just starting out or in entry-level positions, earn around $31,820 annually. Those with more experience and in senior roles can earn up to $160,000 a year. The table below shows the breakdown of salaries:
- 23.67% earn around $31,820
- 26.88% earn around $43,473
- 12.85% earn around $55,125
- 10.59% earn around $66,778
- 9.07% earn around $78,431
- 6.14% earn around $90,084
- 1.75% earn around $101,736
- 2.08% earn around $113,389
- 0.73% earn around $125,042
- 0.17% earn around $136,695
- 1.07% earn around $148,347
- Earn up to $160,000 annually
What are the highest paying cities for a Commercial Specialist?
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Phoenix, AZ
Average Salary: $96,845
Working in Phoenix offers a dynamic environment with diverse industries. Companies like U-Haul and Avnet thrive here. The city's growing tech scene provides many opportunities for those in commercial roles.
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Boston, MA
Average Salary: $96,387
Boston is a hub for finance and technology. Major firms like Liberty Mutual and Fidelity Investments need skilled professionals. The city’s prestigious universities also create a steady flow of job openings.
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Hartford, CT
Average Salary: $93,202
Hartford boasts a strong insurance industry. Companies such as Aetna and Travelers offer many commercial opportunities. The state capital’s political influence adds to its job market stability.
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Los Angeles, CA
Average Salary: $92,079
Los Angeles provides a vibrant market with endless possibilities. With entertainment giants like Disney and NBCUniversal, there are plenty of commercial roles. The city’s diverse economy offers various career paths.
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Baltimore, MD
Average Salary: $88,630
Baltimore has a rich maritime history and a thriving commercial sector. Companies like Under Armour and Legg Mason offer many job opportunities. The city’s blend of urban and suburban living adds to its appeal.
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Austin, TX
Average Salary: $84,683
Austin is known for its tech boom and live music scene. Tech companies like Dell and Apple create many commercial roles. The city’s warm climate and friendly atmosphere make it an attractive place to work.
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Chicago, IL
Average Salary: $83,644
Chicago is a major financial center with firms like Goldman Sachs and Boeing. The city’s diverse industries offer various commercial positions. Its robust public transportation makes commuting easy.
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Madison, WI
Average Salary: $83,495
Madison is a college town with a growing tech industry. Companies like Epic Systems and Mosinee Paper provide many opportunities. The city’s emphasis on education and innovation fosters a great work environment.
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Sacramento, CA
Average Salary: $77,936
Sacramento offers a balanced lifestyle with a strong government presence. Companies like Blue Shield and Nugget Market need skilled professionals. The city’s central location makes it a hub for commerce.
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Charlotte, NC
Average Salary: $77,636
Charlotte is a banking powerhouse with firms like Bank of America and Wells Fargo. The city’s growing economy provides many commercial roles. Its vibrant culture and outdoor activities make it a great place to live and work.
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What are the best companies a Commercial Specialist can work for?
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Wells Fargo
Average Salary: $104,888
Wells Fargo offers Commercial Specialist jobs across many locations. These roles involve working with businesses to provide banking and financial services. With headquarters in San Francisco, Wells Fargo has a strong presence in the U.S. and operates in multiple countries.
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Erie Insurance Group
Average Salary: $102,112
Erie Insurance Group provides Commercial Specialist roles focusing on business insurance solutions. Based in Erie, Pennsylvania, this company has a strong reputation and operates in several U.S. states, providing specialized insurance services.
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USI Insurance Services
Average Salary: $99,294
USI Insurance Services offers Commercial Specialist positions that center on risk management and insurance services. Located in Irvine, California, the company operates throughout the United States, helping businesses manage their insurance needs.
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Waynes Pest Control
Average Salary: $82,000
Waynes Pest Control provides Commercial Specialist positions focused on pest control services for businesses. With operations in several states, Waynes Pest Control is known for its quality services and has a strong presence in the pest control industry.
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Owens & Minor
Average Salary: $80,769
Owens & Minor offers Commercial Specialist roles that involve supplying medical and surgical products. This company has a nationwide presence and is known for its extensive service in the healthcare industry.
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Huntington Bank
Average Salary: $78,859
Huntington Bank provides Commercial Specialist positions focused on banking services for businesses. Headquartered in Columbus, Ohio, the bank operates across several states and is known for its community banking approach.
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CSAA Insurance Group
Average Salary: $72,930
CSAA Insurance Group offers Commercial Specialist roles that specialize in providing insurance services to various businesses. Based in Irvine, California, the company serves multiple states and is recognized for its insurance solutions.
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Poolcorp
Average Salary: $71,923
Poolcorp provides Commercial Specialist roles focused on pool supplies and services. Operating in multiple states, this company has a strong presence in the pool and spa industry, offering a variety of products and services.
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Banner Bank
Average Salary: $57,104
Banner Bank offers Commercial Specialist positions that involve providing banking services for businesses. Headquartered in Tucson, Arizona, the bank serves several states and is known for its community focus.
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U.S. Bank
Average Salary: $56,010
U.S. Bank provides Commercial Specialist roles focused on banking services for businesses. With operations in many states, this company is one of the largest banks in the U.S. and offers a wide range of financial services.
How to earn more as a Commercial Specialist?
A Commercial Specialist can boost earnings through strategic actions that enhance their skill set and market value. By focusing on key areas, they can secure better opportunities and increase compensation. Prioritizing continuous learning and gaining new certifications can open doors to higher-paying roles. Engaging in networking events and industry conferences provides chances to connect with potential employers and peers. Taking on challenging projects showcases one's abilities and dedication, leading to promotions and salary increases.
Commercial Specialists also benefit from mastering sales techniques and market analysis. These skills improve performance and the ability to negotiate better contracts. Utilizing digital tools and platforms for marketing and sales can streamline processes and increase efficiency. Staying updated with industry trends and technological advancements ensures a competitive edge. Demonstrating leadership and management skills can position a Commercial Specialist for roles with greater responsibility and higher pay.
Here are five key factors to consider:
- Continuous learning and certifications
- Networking and professional connections
- Advanced sales and market skills
- Digital tool proficiency
- Leadership and management skills
