Average Business and Financial Operations Occupations Salary in Augusta-Richmond County, GA-SC
In Augusta-Richmond County, GA-SC, professionals in Business and Financial Operations Occupations earn an average annual salary of $84,220. This figure is notably below the national average of $94,590, suggesting that local economic factors and industry concentration play a significant role in compensation within this region.
Executive Summary
- Average Salary: $84,220 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,250.
- Outlook: The Augusta-Richmond County area supports a substantial local workforce of 12,260 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.8, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally dense job market. The presence of over 53 jobs per 1,000 workers signifies consistent demand for these essential business functions.
Salary Overview
The average Business and Financial Operations Occupations in Augusta-Richmond County, GA-SC earns-11.0%below the national average.
$40.5
$1,620
$7,018
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Business and Financial Operations Occupations in Augusta-Richmond County have experienced salary growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for specialized financial and operational expertise likely contribute to upward pressure on wages in this sector.
Business and Financial Operations Occupations Salary Distribution in Augusta-Richmond County, GA-SC
Career progression within Business and Financial Operations Occupations typically leads to significant salary increases. Entry-level positions may start at a lower percentile, but with accumulated experience and specialized skills, professionals can advance to senior roles commanding higher salaries. The widening gap between entry-level and senior-level compensation reflects the value placed on expertise and leadership in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,500 | $19.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,165 | $30.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,740 | $35.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,275 | $50.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,250 | $62.6 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$84,220
Gross Pay
Real Wage (Purchasing Power)
$84,220
Adjusted for COL (100)
The average annual salary of $84,220 in Augusta-Richmond County aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced financial landscape for residents.
Job Market Context
12,260
Total Jobs
53.394
Per 1K Jobs
0.8
Location Quotient
Augusta-Richmond County, GA-SC has 0.80x 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 0.8 for Business and Financial Operations Occupations in Augusta-Richmond County suggests that the concentration of these jobs is slightly less than the national average. This indicates a moderately competitive market where opportunities exist, but the sheer volume of specialized roles might be less abundant compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Augusta-Richmond County, GA-SC
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Augusta-Richmond County, GA-SC?
The median annual salary for a Business and Financial Operations Occupations in Augusta-Richmond County, GA-SC is $84,220. This typically ranges from $40,500 for entry-level positions to $130,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Augusta-Richmond County, GA-SC is 11.0% lower than the national median of $94,590.
Is Augusta-Richmond County, GA-SC a lucrative place for Business and Financial Operations Occupationss?
No, not more lucrative than the national average.The average salary of $84,220 is below the national average of $94,590, although the cost of living is on par with the national average.
Is Augusta-Richmond County, GA-SC a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Augusta-Richmond County, GA-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Augusta-Richmond County, GA-SC?
Some top paying nearby cities include Northwestern South Carolina nonmetropolitan area ($81,560) and Northeastern South Carolina nonmetropolitan area.
What is the average salary for Business and Financial Operations Occupations in Augusta-Richmond County, GA-SC?
The average annual salary for Business and Financial Operations Occupations in Augusta-Richmond County, GA-SC is $84,220.
How does the Augusta-Richmond County salary compare to the national average?
The average salary in Augusta-Richmond County ($84,220) is lower than the national average ($94,590) for Business and Financial Operations Occupations.
What is the Cost of Living Index in Augusta-Richmond County, GA-SC?
The Cost of Living Index in Augusta-Richmond County, GA-SC is 100, which is the same as the national average.
How concentrated are Business and Financial Operations jobs in Augusta-Richmond County compared to the nation?
The concentration of these jobs, indicated by a Location Quotient of 0.8, is slightly below the national average, suggesting a moderate presence in the local job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,260 employees in the Augusta-Richmond County, GA-SC area with a job density of 53.394 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 Augusta-Richmond County, GA-SC