How Much Do Sales Managers Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

2021 Annual Salary, Salary Range, and Highest Paying States and Industries

Sales Managers

Sales Managers plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

Salary
$147580
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Job Growth

Personality




Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$147580 per year
Hourly wage
$71 per hour

Starting salary

Entry-level annual salary
$63,170 to $89,720 per year
Entry-level hourly wage
$30 to $43 per hour

Entry-level Sales Managers with little to no experience can expect to make anywhere between $63,170 to $89,720 per year or $30 to $43 per hour. Similar to any other job, their salary will increase as they gain experience.


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Salary rank

Salary rank
A

We wanted to make it easy for our readers to compare the salary of Sales Managers to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $100+ $208,000+
Senior (Top 25%) $89 $185,200
Middle (Mid 50%) $64 $132,290
Junior (Bottom 25%) $43 $89,720
No experience (Bottom 10%) $30 $63,170

Highest paying states

State Hourly Annual
NY $97 $201,630
NJ $88 $183,510
RI $85 $176,920
VA $84 $173,770
CO $82 $170,500
DE $80 $166,170
NH $75 $156,460
MA $74 $154,160
PA $73 $152,460
CA $73 $152,190

Another simple way to increase your salary as a Sales Manager is to move to a higher paying state. However moving to a higher paying state like NY doesn’t guarantee that you will make more because the expenses at NY might be much higher than where you are currently living at right now.

According to BLS, the highest paid Sales Managers are in the states of NY, NJ, RI, VA and CO.

Highest paying industries

Salary by industry Annual Hourly
Computer and Peripheral Equipment Manufacturing $218700 $105.14
Securities, Commodity Contracts, and Other Financial Investments and Related Activities $214310 $103.03
Scientific Research and Development Services $197170 $94.80
Cable and Other Subscription Programming $188820 $90.78
Motion Picture and Video Industries $187680 $90.23
Other Information Services $187250 $90.03
Credit Intermediation and Related Activities $176560 $84.88
Semiconductor and Other Electronic Component Manufacturing $174760 $84.02
Audio and Video Equipment Manufacturing $174150 $83.72
Seafood Product Preparation and Packaging $174080 $83.69
Manufacturing and Reproducing Magnetic and Optical Media $172490 $82.93
Other Professional, Scientific, and Technical Services $171720 $82.56
Computer Systems Design and Related Services $170900 $82.16
Insurance Carriers $170690 $82.06
Software Publishers $170620 $82.03
Deep Sea, Coastal, and Great Lakes Water Transportation $170400 $81.92
Agencies, Brokerages, and Other Insurance Related Activities $169430 $81.46
Apparel, Piece Goods, and Notions Merchant Wholesalers $168700 $81.11
Data Processing, Hosting, and Related Services $167820 $80.68
Advertising, Public Relations, and Related Services $167790 $80.67
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing $167560 $80.56
Pharmaceutical and Medicine Manufacturing $166880 $80.23
Sound Recording Industries $166600 $80.10
Oil and Gas Extraction $165890 $79.76
Management, Scientific, and Technical Consulting Services $164480 $79.08
Nondepository Credit Intermediation $162640 $78.19
Merchant Wholesalers, Nondurable Goods $162460 $78.11
Apparel Accessories and Other Apparel Manufacturing $162390 $78.07
Highway, Street, and Bridge Construction $162230 $77.99
Accounting, Tax Preparation, Bookkeeping, and Payroll Services $162000 $77.88

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