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Average Business and Financial Operations Occupations Salary in Billings, MT

In Billings, MT, professionals in Business and Financial Operations Occupations earn an average annual salary of $80,310. This figure is notably below the national average of $94,590, suggesting that local economic factors and industry demand play a significant role in compensation within this region. The specific economic landscape of Billings influences the prevailing wage rates for these critical roles.

Executive Summary

  • Average Salary: $80,310 per year.
  • Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $120,640.
  • Outlook: With a local workforce of 4,920 individuals in Business and Financial Operations, and a Location Quotient of 0.78, the job market in Billings indicates a slightly lower concentration of these roles compared to the national average. While not a major hub for this sector, the presence of a substantial workforce suggests consistent demand and opportunities for skilled professionals.
2024 Market Data

Salary Overview

$80,310

The average Business and Financial Operations Occupations in Billings, MT earns-15.1%below the national average.

BreakdownBased on 40h/week
Hourly

$38.6

Weekly

$1,544

Monthly

$6,693

Business and Financial Operations Occupations Salary Distribution in Billings, MT

Career progression within Business and Financial Operations Occupations in Billings, MT, typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior roles and management positions command higher salaries, reflecting increased responsibility and specialized knowledge. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,140$22.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,233$29
ManagerOversees team, compliance, and project delivery.50% (Median)$72,870$35
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$100,388$48.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$120,640$58

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$80,310

Gross Pay

Real Wage (Purchasing Power)

$80,310

Adjusted for COL (100)

The average annual salary of $80,310 in Billings, MT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of this income locally is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

4,920

Total Jobs

52.498

Per 1K Jobs

0.78

Location Quotient

Below Average

Billings, MT has 0.78x 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 0.78 for Business and Financial Operations Occupations in Billings, MT, indicates that this sector is slightly less concentrated than the national average. This suggests that while there is a solid presence of these jobs, the market may be less saturated, potentially offering a competitive edge for skilled professionals seeking employment or career advancement.

Nearby Job Markets

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Billings, MT?

The median annual salary for a Business and Financial Operations Occupations in Billings, MT is $80,310. This typically ranges from $46,140 for entry-level positions to $120,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Billings, MT is 15.1% lower than the national median of $94,590.

Is Billings, MT a lucrative place for Business and Financial Operations Occupations?

No, not exceptionally lucrative compared to national averages.The average salary of $80,310 is below the national average of $94,590, although the cost of living is on par with the national average.

Is Billings, MT a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.

What is the average salary for Business and Financial Operations in Billings, MT?

The average annual salary for Business and Financial Operations Occupations in Billings, MT is $80,310.

How does the Billings salary compare to the national average?

The average salary in Billings ($80,310) is lower than the national average ($94,590).

What is the Cost of Living in Billings, MT?

The Cost of Living Index in Billings, MT is 100, which is the national average.

How concentrated are Business and Financial Operations jobs in Billings?

The concentration of these jobs, indicated by a Location Quotient of 0.78, is slightly below the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,920 employees in the Billings, MT area with a job density of 52.498 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Billings, MT