Average Business and Financial Operations Occupations Salary in Burlington-South Burlington, VT
In Burlington-South Burlington, VT, professionals in Business and Financial Operations Occupations earn an average annual salary of $87,170. This figure is slightly below the national average of $94,590, reflecting a localized compensation structure influenced by regional economic factors and industry demand within Vermont. While the nominal salary may differ from the national benchmark, the cost of living in Burlington-South Burlington is precisely at the national average, suggesting a comparable purchasing power.
Executive Summary
- Average Salary: $87,170 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,360.
- Outlook: The Burlington-South Burlington area supports a robust workforce of 8,170 individuals within Business and Financial Operations Occupations. With a Location Quotient of 1.0, the concentration of these roles aligns precisely with the national average, indicating a stable and well-established presence of these vital functions within the local economy. The presence of 67.38 jobs per 1,000 workers further underscores the consistent demand for these skills in the region.
Salary Overview
The average Business and Financial Operations Occupations in Burlington-South Burlington, VT earns-7.8%below the national average.
$41.9
$1,676
$7,264
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this exact role in Burlington-South Burlington is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations have experienced steady growth over the past four years, mirroring national trends. Economic recovery, increased demand for financial expertise, and inflation typically drive upward adjustments in compensation across most professional sectors, including this one.
Business and Financial Operations Occupations Salary Distribution in Burlington-South Burlington, VT
Career progression within Business and Financial Operations Occupations significantly impacts earning potential. Entry-level positions typically command salaries at the lower percentiles, while seasoned professionals with extensive experience and specialized skills can achieve earnings in the upper percentiles. The widening gap between entry-level and senior-level salaries, often seen across different experience tiers, clearly signifies substantial career advancement and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,810 | $24.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,378 | $31.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,500 | $38.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,963 | $52.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,360 | $60.8 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$87,170
Gross Pay
Real Wage (Purchasing Power)
$87,170
Adjusted for COL (100)
The average annual salary of $87,170 in Burlington-South Burlington, VT, when juxtaposed with a Cost of Living Index of 100, indicates that the nominal income translates directly to national average purchasing power. This means that while the salary is slightly lower than the national average, the cost of essential goods and services is also at par, suggesting that the take-home value of the salary is relatively stable compared to the national landscape.
Job Market Context
8,170
Total Jobs
67.38
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Burlington-South Burlington, VT has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
A Location Quotient of 1.0 for Business and Financial Operations Occupations in Burlington-South Burlington signifies that the concentration of these jobs in the local area is exactly in line with the national average. This suggests a balanced job market where the supply of and demand for these professionals are well-matched, indicating neither an oversupply nor a significant shortage of talent relative to the national distribution.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Northern Vermont nonmetropolitan area Business and Financial Operations Occupations Salary | $81,920↓ 6% | 40 mi |
| Southern Vermont nonmetropolitan area Business and Financial Operations Occupations Salary | $81,380↓ 7% | 40 mi |
| Glens Falls, NY Business and Financial Operations Occupations Salary | $81,740↓ 6% | 84 mi |
Comparing salaries near Burlington-South Burlington, VT
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Burlington-South Burlington, VT?
The median annual salary for a Business and Financial Operations Occupations in Burlington-South Burlington, VT is $87,170. This typically ranges from $51,810 for entry-level positions to $126,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Burlington-South Burlington, VT is 7.8% lower than the national median of $94,590.
Is Burlington-South Burlington, VT a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $87,170 is below the national average of $94,590, although the cost of living is also at the national average, balancing purchasing power.
Is Burlington-South Burlington, VT a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Burlington-South Burlington, VT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Burlington-South Burlington, VT?
Some top paying nearby cities include Northern Vermont nonmetropolitan area ($81,920) and Southern Vermont nonmetropolitan area.
How does the Burlington-South Burlington salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Burlington-South Burlington, VT is $87,170, which is lower than the national average of $94,590.
What is the cost of living in Burlington-South Burlington, VT?
The Cost of Living Index for Burlington-South Burlington, VT is 100, which is exactly the national average.
How concentrated are Business and Financial Operations jobs in Burlington-South Burlington?
The Location Quotient is 1.0, indicating that the concentration of these jobs in Burlington-South Burlington is the same as the national average.
How many Business and Financial Operations jobs are there per 1,000 workers in Burlington-South Burlington?
There are 67.38 jobs per 1,000 workers in Business and Financial Operations Occupations in Burlington-South Burlington.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,170 employees in the Burlington-South Burlington, VT area with a job density of 67.38 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business and Financial Operations Occupations Salaries by State
Top Jobs in Burlington-South Burlington, VT
- All Occupations Salary in Burlington-South Burlington, VT
- Office and Administrative Support Occupations Salary in Burlington-South Burlington, VT
- Sales and Related Occupations Salary in Burlington-South Burlington, VT
- Food Preparation and Serving Related Occupations Salary in Burlington-South Burlington, VT
- Management Occupations Salary in Burlington-South Burlington, VT
- Educational Instruction and Library Occupations Salary in Burlington-South Burlington, VT
- Healthcare Practitioners and Technical Occupations Salary in Burlington-South Burlington, VT
- Business and Financial Operations Occupations Salary in Burlington-South Burlington, VT
- Transportation and Material Moving Occupations Salary in Burlington-South Burlington, VT
- Production Occupations Salary in Burlington-South Burlington, VT
- Browse All Jobs in Burlington-South Burlington, VT →
Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Burlington-South Burlington, VT