Average Business and Financial Operations Occupations Salary in Casper, WY
In Casper, Wyoming, professionals in Business and Financial Operations Occupations can expect an average annual salary of $86,320. This figure is notably below the national average of $94,590, suggesting that local market dynamics and potentially a different industry focus in Casper contribute to this compensation level. Understanding these regional variations is crucial for career planning and salary negotiation.
Executive Summary
- Average Salary: $86,320 per year.
- Growth Trend: Salaries have shifted 16.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,120.
- Outlook: Casper, WY supports a local workforce of 1,640 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.61, this sector is less concentrated in Casper compared to the national average, indicating a moderate but not dominant presence. The rate of 41.187 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for these roles within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Casper, WY earns-8.7%below the national average.
$41.5
$1,660
$7,193
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Casper 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 national trends. This upward trajectory is typically driven by inflation, increased demand for financial expertise, and the evolving complexity of business operations, leading to higher compensation packages for skilled professionals.
Business and Financial Operations Occupations Salary Distribution in Casper, WY
Salary progression within Business and Financial Operations Occupations in Casper, WY, is expected to follow a typical pattern, with entry-level positions commanding lower salaries and senior roles yielding significantly higher compensation. The percentile gaps between these levels, though not explicitly detailed here, signify substantial career growth potential. Achieving higher-paying roles often requires a combination of experience, specialized skills, and demonstrated success in financial management and operational strategy.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,490 | $20.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,740 | $31.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,100 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,900 | $51.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,120 | $64 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$86,320
Gross Pay
Real Wage (Purchasing Power)
$86,320
Adjusted for COL (100)
The average annual salary of $86,320 in Casper, WY, aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that while the nominal salary is lower than the national average, the purchasing power of this income in Casper is comparable to the national standard. Residents can expect their earnings to cover essential expenses and lifestyle choices at a rate consistent with the rest of the country.
Job Market Context
1,640
Total Jobs
41.187
Per 1K Jobs
0.61
Location Quotient
Casper, WY has 0.61x 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 0.61 for Business and Financial Operations Occupations in Casper, WY, indicates that this sector is less concentrated locally than it is nationally. This suggests that while opportunities exist, the market may be less saturated with specialized talent compared to larger metropolitan areas. Employers might face a slightly more competitive landscape in attracting highly specialized candidates, but the overall job market is not overwhelmingly abundant.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Western Wyoming nonmetropolitan area Business and Financial Operations Occupations Salary | $90,550↑ 5% | 50 mi |
| Eastern Wyoming nonmetropolitan area Business and Financial Operations Occupations Salary | $82,040↓ 5% | 50 mi |
Comparing salaries near Casper, WY
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Casper, WY?
The median annual salary for a Business and Financial Operations Occupations in Casper, WY is $86,320. This typically ranges from $43,490 for entry-level positions to $133,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Casper, WY is 8.7% lower than the national median of $94,590.
Is Casper, WY a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $86,320 is below the national average of $94,590. However, the cost of living being at the national average means the purchasing power is comparable.
Is Casper, WY a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Casper, WY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Casper, WY?
Some top paying nearby cities include Western Wyoming nonmetropolitan area ($90,550) and Eastern Wyoming nonmetropolitan area.
How does Casper's average salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Casper, WY is $86,320, which is lower than the national average of $94,590.
What is the cost of living in Casper, WY?
Casper, WY has a Cost of Living Index of 100, which is exactly the national average, meaning the general cost of goods and services is comparable to the rest of the United States.
How concentrated are Business and Financial Operations jobs in Casper?
The Location Quotient of 0.61 indicates that Business and Financial Operations Occupations are less concentrated in Casper, WY, than the national average.
How many Business and Financial Operations jobs are there per 1,000 workers in Casper?
There are approximately 41.187 jobs per 1,000 workers in Business and Financial Operations Occupations in Casper, WY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,640 employees in the Casper, WY area with a job density of 41.187 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 Casper, WY