In the Central New Hampshire nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $84,050. This figure is notably below the national average of $94,590, reflecting the unique economic dynamics and potentially lower demand for these specialized roles outside of major metropolitan hubs. The compensation is shaped by regional economic factors and the specific industry landscape present in this part of New Hampshire.
Executive Summary
- Average Salary: $84,050 per year.
- Growth Trend: Salaries have shifted 15.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,030.
- Outlook: With a local workforce of 4,520 individuals in Business and Financial Operations, and a Location Quotient of 0.72, the job market in Central New Hampshire indicates a concentration slightly below the national average. This suggests that while these roles are present, they are not as dominant a feature of the regional economy compared to national trends. The number of jobs per 1,000 workers at 48.142 further supports this, pointing to a stable but not exceptionally robust demand for these professionals within the area.
Salary Overview
The average Business and Financial Operations Occupations in Central New Hampshire nonmetropolitan area earns-11.1%below the national average.
$40.4
$1,616
$7,004
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations have seen consistent growth over the past four years, mirroring broader economic trends. This upward trajectory is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of business operations. Professionals can anticipate a gradual increase in earning potential as the market matures and the value of their skills is recognized.
Business and Financial Operations Occupations Salary Distribution in Central New Hampshire nonmetropolitan area
Salary progression within Business and Financial Operations Occupations in Central New Hampshire is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with specialized skills and a proven track record can expect to earn considerably more, potentially reaching the higher percentiles. The widening gap between entry-level and senior-level salaries underscores the substantial career growth and increased earning potential available to those who advance within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,370 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,038 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,000 | $37.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,063 | $50.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,030 | $62 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$84,050
Gross Pay
Real Wage (Purchasing Power)
$84,050
Adjusted for COL (100)
The average annual salary of $84,050 in Central New Hampshire aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living being at par suggests that the effective take-home value of the $84,050 salary is relatively stable compared to national benchmarks, offering a balanced financial landscape for residents.
Job Market Context
4,520
Total Jobs
48.142
Per 1K Jobs
0.72
Location Quotient
Central New Hampshire nonmetropolitan area has 0.72x 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 0.72 for Business and Financial Operations Occupations in Central New Hampshire indicates that this sector is less concentrated than the national average. This suggests that the job market may be less competitive in terms of the sheer number of available professionals relative to the opportunities. While this could mean fewer job openings, it might also present an advantage for skilled individuals seeking employment, as they may face less direct competition from a highly saturated talent pool.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Central New Hampshire nonmetropolitan area
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Central New Hampshire nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Central New Hampshire nonmetropolitan area is $84,050. This typically ranges from $47,370 for entry-level positions to $129,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central New Hampshire nonmetropolitan area is 11.1% lower than the national median of $94,590.
Is Central New Hampshire nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, it is not exceptionally lucrative compared to the national average.The average salary of $84,050 is below the national average, although the cost of living is on par. The lower location quotient also suggests less market concentration.
Is Central New Hampshire nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Central New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($89,660) and Portland-South Portland, ME.
How does the salary compare to the national average?
The average salary of $84,050 in Central New Hampshire is approximately 11% lower than the national average of $94,590 for Business and Financial Operations Occupations.
What is the significance of the Location Quotient (LQ) being 0.72?
An LQ of 0.72 means that Business and Financial Operations Occupations are 28% less concentrated in Central New Hampshire compared to the national average, indicating a smaller presence of these roles in the local workforce.
Does the cost of living affect the salary's value?
With a Cost of Living Index of 100, the local cost of living matches the national average. Therefore, the $84,050 salary offers purchasing power equivalent to the national average, despite being nominally lower.
How large is the Business and Financial Operations workforce in this area?
There are 4,520 individuals employed in Business and Financial Operations Occupations in the Central New Hampshire nonmetropolitan area, representing 48.142 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,520 employees in the Central New Hampshire nonmetropolitan area area with a job density of 48.142 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 Central New Hampshire nonmetropolitan area
- All Occupations Salary in Central New Hampshire nonmetropolitan area
- Office and Administrative Support Occupations Salary in Central New Hampshire nonmetropolitan area
- Sales and Related Occupations Salary in Central New Hampshire nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Central New Hampshire nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Central New Hampshire nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Central New Hampshire nonmetropolitan area
- Management Occupations Salary in Central New Hampshire nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Central New Hampshire nonmetropolitan area
- Production Occupations Salary in Central New Hampshire nonmetropolitan area
- Healthcare Support Occupations Salary in Central New Hampshire nonmetropolitan area
- Browse All Jobs in Central New Hampshire nonmetropolitan area →
Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Central New Hampshire nonmetropolitan area