Average Business and Financial Operations Occupations Salary in Bowling Green, KY
In Bowling Green, KY, professionals in Business and Financial Operations Occupations earn an average annual salary of $69,850. This figure is notably below the national average of $94,590. Local economic factors, industry concentration, and the overall demand within the Bowling Green metropolitan area contribute to this regional salary differential.
Executive Summary
- Average Salary: $69,850 per year.
- Growth Trend: Salaries have shifted 11.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,040.
- Outlook: With a local workforce of 2,890 individuals in Business and Financial Operations Occupations, Bowling Green presents a moderate employment landscape for these roles. The Location Quotient of 0.54 indicates that this sector is less concentrated in Bowling Green compared to the national average, suggesting a potentially less saturated but also less specialized job market.
Salary Overview
The average Business and Financial Operations Occupations in Bowling Green, KY earns-26.2%below the national average.
$33.6
$1,343
$5,821
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Bowling Green's Business and Financial Operations Occupations is not provided, it is generally assumed that salaries within this sector have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial expertise, and the evolving complexity of business operations.
Business and Financial Operations Occupations Salary Distribution in Bowling Green, KY
Salary progression for Business and Financial Operations Occupations in Bowling Green, as elsewhere, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The widening gap between entry-level and senior-level salaries reflects the career advancement opportunities and increased responsibilities associated with more experienced roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,520 | $19 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,388 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,740 | $30.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,313 | $42 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,040 | $49.5 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$69,850
Gross Pay
Real Wage (Purchasing Power)
$69,850
Adjusted for COL (100)
The average annual salary of $69,850 in Bowling Green 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 stable financial environment for residents without the added pressure of higher living expenses.
Job Market Context
2,890
Total Jobs
35.983
Per 1K Jobs
0.54
Location Quotient
Bowling Green, KY 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.
A Location Quotient of 0.54 for Business and Financial Operations Occupations in Bowling Green signifies that this sector is underrepresented relative to the national average. This suggests that while there may be fewer specialized roles compared to national hubs, there could be opportunities for individuals with diverse skill sets to fill existing needs, potentially leading to less competition for certain positions.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Bowling Green, KY
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Bowling Green, KY?
The median annual salary for a Business and Financial Operations Occupations in Bowling Green, KY is $69,850. This typically ranges from $39,520 for entry-level positions to $103,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bowling Green, KY is 26.2% lower than the national median of $94,590.
Is Bowling Green, KY a lucrative place for Business and Financial Operations Occupations?
No, not when compared to the national average.The average salary of $69,850 is significantly lower than the national average of $94,590. However, the cost of living is on par with the national average, mitigating some of the impact of the lower nominal salary.
Is Bowling Green, KY a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Bowling Green, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bowling Green, KY?
Some top paying nearby cities include Clarksville, TN-KY ($72,020) and Nashville-Davidson--Murfreesboro--Franklin, TN.
What is the average salary for Business and Financial Operations Occupations in Bowling Green, KY?
The average annual salary for Business and Financial Operations Occupations in Bowling Green, KY is $69,850.
How does Bowling Green's salary compare to the national average?
The average salary in Bowling Green ($69,850) is considerably lower than the national average ($94,590) for Business and Financial Operations Occupations.
What is the cost of living in Bowling Green, KY?
The cost of living in Bowling Green, KY is at the national average, with an index of 100.
How concentrated are Business and Financial Operations jobs in Bowling Green?
Business and Financial Operations jobs are less concentrated in Bowling Green compared to the national average, with a Location Quotient of 0.54.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,890 employees in the Bowling Green, KY area with a job density of 35.983 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 Bowling Green, KY