In the Allentown-Bethlehem-Easton, PA-NJ metropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $83,250. This figure is notably below the national average of $94,590, suggesting that local market dynamics, such as industry concentration and regional economic factors, play a significant role in compensation levels.
Executive Summary
- Average Salary: $83,250 per year.
- Growth Trend: Salaries have shifted 7.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,530.
- Outlook: The Allentown-Bethlehem-Easton region supports a substantial workforce of 15,080 individuals within Business and Financial Operations Occupations. While the Location Quotient of 0.61 indicates a lower concentration compared to the national average, the sheer size of the local workforce suggests a stable and established presence for these roles, pointing to consistent demand.
Salary Overview
The average Business and Financial Operations Occupations in Allentown-Bethlehem-Easton, PA-NJ earns-12.0%below the national average.
$40
$1,601
$6,938
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations in Allentown-Bethlehem-Easton have experienced growth over the past four years, mirroring national trends. Economic expansion and evolving industry needs typically drive upward salary adjustments in this sector.
Business and Financial Operations Occupations Salary Distribution in Allentown-Bethlehem-Easton, PA-NJ
Career progression within Business and Financial Operations Occupations in Allentown-Bethlehem-Easton, PA-NJ, is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with specialized skills and extensive experience can command salaries significantly higher, reflecting the value of expertise and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,930 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,438 | $30 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,010 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,063 | $50 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,530 | $62.8 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$83,250
Gross Pay
Real Wage (Purchasing Power)
$83,250
Adjusted for COL (100)
With an average annual salary of $83,250 and a Cost of Living Index at the national average of 100, the purchasing power for Business and Financial Operations professionals in Allentown-Bethlehem-Easton, PA-NJ, is aligned with the national standard. This means that the nominal salary offers a comparable lifestyle to what one might expect in other regions across the country.
Job Market Context
15,080
Total Jobs
40.748
Per 1K Jobs
0.61
Location Quotient
Allentown-Bethlehem-Easton, PA-NJ has 0.61x the national average concentration of Business and Financial Operations Occupations 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 Business and Financial Operations Occupations in Allentown-Bethlehem-Easton, PA-NJ, signifies that this sector is less concentrated locally than the national average. This suggests that while opportunities exist, the market may be less saturated, potentially offering a competitive edge for skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Reading, PA Business and Financial Operations Occupations Salary | $81,760↓ 2% | 30 mi |
| Trenton-Princeton, NJ Business and Financial Operations Occupations Salary | $96,190↑ 16% | 45 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Business and Financial Operations Occupations Salary | $96,000↑ 15% | 47 mi |
| Lebanon, PA Business and Financial Operations Occupations Salary | $75,790↓ 9% | 53 mi |
| Scranton--Wilkes-Barre, PA Business and Financial Operations Occupations Salary | $76,270↓ 8% | 57 mi |
Comparing salaries near Allentown-Bethlehem-Easton, PA-NJ
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Allentown-Bethlehem-Easton, PA-NJ?
The median annual salary for a Business and Financial Operations Occupations in Allentown-Bethlehem-Easton, PA-NJ is $83,250. This typically ranges from $44,930 for entry-level positions to $130,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Allentown-Bethlehem-Easton, PA-NJ is 12.0% lower than the national median of $94,590.
Is Allentown-Bethlehem-Easton, PA-NJ a lucrative place for Business and Financial Operations Occupationss?
No, not as lucrative as the national average.The average salary of $83,250 is below the national average of $94,590. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Allentown-Bethlehem-Easton, PA-NJ a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Allentown-Bethlehem-Easton, PA-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Allentown-Bethlehem-Easton, PA-NJ?
Some top paying nearby cities include Reading, PA ($81,760) and Trenton-Princeton, NJ.
How does the local salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Allentown-Bethlehem-Easton, PA-NJ, is $83,250, which is lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Allentown?
The concentration, measured by the Location Quotient, is 0.61, indicating that these occupations are less prevalent in Allentown-Bethlehem-Easton, PA-NJ, compared to the national average.
How many people work in Business and Financial Operations in this area?
There are 15,080 individuals employed in Business and Financial Operations Occupations within the Allentown-Bethlehem-Easton, PA-NJ metropolitan area.
Does the cost of living affect the salary competitiveness?
The cost of living in Allentown-Bethlehem-Easton, PA-NJ, is at the national average (100). Therefore, the lower nominal salary of $83,250 offers a similar purchasing power to the higher national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,080 employees in the Allentown-Bethlehem-Easton, PA-NJ area with a job density of 40.748 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Allentown-Bethlehem-Easton, PA-NJ