Average Business and Financial Operations Occupations Salary in Auburn-Opelika, AL
In Auburn-Opelika, AL, professionals in Business and Financial Operations Occupations earn an average annual salary of $72,450. This figure is notably below the national average of $94,590, reflecting regional economic factors and a different market dynamic. The local compensation structure is influenced by the specific industry demands and the overall economic landscape of the area.
Executive Summary
- Average Salary: $72,450 per year.
- Growth Trend: Salaries have shifted 8.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,390.
- Outlook: The Auburn-Opelika area supports a local workforce of 2,620 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.54, this sector is less concentrated than the national average, suggesting a market that is not saturated but may have fewer specialized opportunities compared to larger metropolitan hubs. The presence of 36.549 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, demand for these roles within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Auburn-Opelika, AL earns-23.4%below the national average.
$34.8
$1,393
$6,038
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this localized sector is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations have experienced consistent growth over the past four years, mirroring broader economic trends. This growth is typically driven by inflation, increased demand for specialized skills, and the evolving complexity of financial and business operations across industries.
Business and Financial Operations Occupations Salary Distribution in Auburn-Opelika, AL
Salary progression within Business and Financial Operations Occupations in Auburn-Opelika, AL, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized expertise and a proven track record can expect to earn considerably more. The widening salary gap between junior and senior roles, often seen across different pay percentiles, 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) | $40,700 | $19.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,338 | $26.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,640 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,563 | $43.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,390 | $54 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$72,450
Gross Pay
Real Wage (Purchasing Power)
$72,450
Adjusted for COL (100)
The average annual salary of $72,450 in Auburn-Opelika, AL, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is equivalent to the national average, making it neither significantly advantageous nor disadvantageous from a cost-of-living perspective. Residents can expect their income to cover typical expenses at a rate comparable to the rest of the country.
Job Market Context
2,620
Total Jobs
36.549
Per 1K Jobs
0.54
Location Quotient
Auburn-Opelika, AL has 0.54x 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.
With a Location Quotient of 0.54, the Business and Financial Operations Occupations sector in Auburn-Opelika, AL, is less concentrated than the national average. This suggests that while the demand exists, the market is not as robust or specialized as in larger, more economically diverse regions. Professionals seeking roles in this field might find fewer openings but potentially less competition for positions that do become available.
Nearby Job Markets
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Auburn-Opelika, AL?
The median annual salary for a Business and Financial Operations Occupations in Auburn-Opelika, AL is $72,450. This typically ranges from $40,700 for entry-level positions to $112,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Auburn-Opelika, AL is 23.4% lower than the national median of $94,590.
Is Auburn-Opelika, AL a lucrative place for Business and Financial Operations Occupationss?
No, it is not exceptionally lucrative compared to the national average.The average salary of $72,450 is significantly lower than the national average of $94,590, indicating less competitive pay. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Auburn-Opelika, AL a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Auburn-Opelika, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Auburn-Opelika, AL?
Some top paying nearby cities include Columbus, GA-AL ($88,170) and Montgomery, AL.
What is the average salary for Business and Financial Operations Occupations in Auburn-Opelika, AL?
The average annual salary for Business and Financial Operations Occupations in Auburn-Opelika, AL is $72,450.
How does the Auburn-Opelika salary compare to the national average?
The average salary in Auburn-Opelika, AL ($72,450) is lower than the national average salary of $94,590 for these occupations.
What is the Cost of Living Index in Auburn-Opelika, AL?
The Cost of Living Index in Auburn-Opelika, AL is 100, which is exactly the national average.
How concentrated are Business and Financial Operations jobs in Auburn-Opelika, AL?
The concentration of these jobs, indicated by a Location Quotient of 0.54, is below the national average, suggesting a less specialized market compared to the rest of the country.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,620 employees in the Auburn-Opelika, AL area with a job density of 36.549 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 Auburn-Opelika, AL