Average Business and Financial Operations Occupations Salary in Anniston-Oxford, AL
In Anniston-Oxford, AL, professionals in Business and Financial Operations Occupations earn an average annual salary of $73,170. This figure is notably below the national average of $94,590, suggesting localized economic factors and industry demand play a significant role in compensation within this specific metropolitan area. Understanding these regional nuances is crucial for career and financial planning.
Executive Summary
- Average Salary: $73,170 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,240.
- Outlook: The Anniston-Oxford area supports a local workforce of 1,830 individuals in Business and Financial Operations Occupations. With a Location Quotient of 0.63, this sector is less concentrated than the national average, indicating a potentially less saturated but perhaps less robust job market for these specialized roles compared to broader national trends.
Salary Overview
The average Business and Financial Operations Occupations in Anniston-Oxford, AL earns-22.6%below the national average.
$35.2
$1,407
$6,098
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Anniston-Oxford is not provided, it is generally assumed that salaries within Business and Financial Operations Occupations have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of business operations.
Business and Financial Operations Occupations Salary Distribution in Anniston-Oxford, AL
Salary progression within Business and Financial Operations Occupations is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect to earn substantially more. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,800 | $19.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,878 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,370 | $33.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,463 | $44 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $108,240 | $52 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$73,170
Gross Pay
Real Wage (Purchasing Power)
$73,170
Adjusted for COL (100)
The average annual salary of $73,170 in Anniston-Oxford, AL, aligns precisely with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is comparable to the national standard, offering a balanced financial landscape.
Job Market Context
1,830
Total Jobs
42.32
Per 1K Jobs
0.63
Location Quotient
Anniston-Oxford, AL has 0.63x 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.
A Location Quotient of 0.63 for Business and Financial Operations Occupations in Anniston-Oxford suggests that this sector is less prevalent locally compared to the national average. This could imply fewer job opportunities or a more specialized demand, making it potentially more competitive for job seekers or indicating a market that is still developing in this field.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Gadsden, AL Business and Financial Operations Occupations Salary | $65,720↓ 10% | 26 mi |
| Rome, GA Business and Financial Operations Occupations Salary | $69,920↓ 4% | 55 mi |
| Birmingham, AL Business and Financial Operations Occupations Salary | $82,260↑ 12% | 57 mi |
| Auburn-Opelika, AL Business and Financial Operations Occupations Salary | $72,450↓ 1% | 76 mi |
| Atlanta-Sandy Springs-Roswell, GA Business and Financial Operations Occupations Salary | $93,710↑ 28% | 82 mi |
Comparing salaries near Anniston-Oxford, AL
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Anniston-Oxford, AL?
The median annual salary for a Business and Financial Operations Occupations in Anniston-Oxford, AL is $73,170. This typically ranges from $39,800 for entry-level positions to $108,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Anniston-Oxford, AL is 22.6% lower than the national median of $94,590.
Is Anniston-Oxford, AL a lucrative place for Business and Financial Operations Occupationss?
No, not when compared to national averages.The average salary of $73,170 is significantly lower than the national average of $94,590, indicating less lucrative compensation in this region. However, the cost of living is also at the national average, which somewhat mitigates the lower nominal pay.
Is Anniston-Oxford, AL a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Anniston-Oxford, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Anniston-Oxford, AL?
Some top paying nearby cities include Gadsden, AL ($65,720) and Rome, GA.
How does the local workforce size impact job prospects?
A local workforce of 1,830 suggests a moderate-sized pool of professionals in this field within Anniston-Oxford, AL. While not a massive concentration, it indicates a stable presence for these roles.
What does a Location Quotient of 0.63 mean for job seekers?
A Location Quotient below 1.0, like 0.63, signifies that Business and Financial Operations Occupations are less concentrated in Anniston-Oxford than the national average. This might mean fewer specialized roles but potentially less competition for general positions.
How does the Cost of Living Index affect the $73,170 salary?
With a Cost of Living Index of 100, the $73,170 salary in Anniston-Oxford has the same purchasing power as the national average salary. This means your money goes as far locally as it does nationally, despite the lower nominal pay.
Are there many Business and Financial Operations jobs per 1,000 workers in Anniston-Oxford?
With 42.32 jobs per 1,000 workers, this indicates a solid presence of Business and Financial Operations roles relative to the overall workforce size in Anniston-Oxford, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,830 employees in the Anniston-Oxford, AL area with a job density of 42.32 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 Anniston-Oxford, AL