Average Business and Financial Operations Occupations Salary in Clarksville, TN-KY
In Clarksville, TN-KY, professionals in Business and Financial Operations Occupations earn an average annual salary of $72,020. This figure is notably below the national average of $94,590, reflecting regional economic factors and industry demand specific to the Clarksville area. The local compensation is shaped by the unique economic landscape and the concentration of these roles within the region.
Executive Summary
- Average Salary: $72,020 per year.
- Growth Trend: Salaries have shifted 11.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,280.
- Outlook: The Clarksville, TN-KY market for Business and Financial Operations Occupations employs a local workforce of 4,280 individuals. With a Location Quotient of 0.63, these roles are less concentrated than the national average, suggesting a potentially less saturated but perhaps less specialized local market. The presence of 42.402 jobs per 1,000 workers indicates a steady, albeit not overwhelmingly high, demand for these essential functions within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Clarksville, TN-KY earns-23.9%below the national average.
$34.6
$1,385
$6,002
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Clarksville's Business and Financial Operations Occupations is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic recovery and increased demand for financial expertise. This growth is typically driven by inflation, evolving industry needs, and the increasing complexity of financial management across businesses.
Business and Financial Operations Occupations Salary Distribution in Clarksville, TN-KY
Salaries within Business and Financial Operations Occupations in Clarksville, TN-KY, naturally scale with experience. Entry-level positions typically start at the lower end of the pay scale, while senior roles, requiring extensive expertise and leadership, command significantly higher compensation. The percentile gaps between these levels signify clear career progression pathways and the increasing value placed on seasoned professionals in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,250 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,015 | $26 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,180 | $31.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,025 | $43.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,280 | $54 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$72,020
Gross Pay
Real Wage (Purchasing Power)
$72,020
Adjusted for COL (100)
The average annual salary of $72,020 in Clarksville, TN-KY, aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, offering a stable financial standing for residents.
Job Market Context
4,280
Total Jobs
42.402
Per 1K Jobs
0.63
Location Quotient
Clarksville, TN-KY has 0.63x 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 0.63 for Business and Financial Operations Occupations in Clarksville, TN-KY, indicates that these roles are less prevalent locally compared to the national average. This suggests that while opportunities exist, the market may be less competitive for specialized roles, potentially offering a good environment for professionals seeking to establish themselves, though the overall volume of such jobs is lower.
Nearby Job Markets
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Comparing salaries near Clarksville, TN-KY
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Clarksville, TN-KY?
The median annual salary for a Business and Financial Operations Occupations in Clarksville, TN-KY is $72,020. This typically ranges from $38,250 for entry-level positions to $112,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Clarksville, TN-KY is 23.9% lower than the national median of $94,590.
Is Clarksville, TN-KY a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $72,020 is significantly lower than the national average of $94,590. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Clarksville, TN-KY a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Clarksville, TN-KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Clarksville, TN-KY?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($83,380) and Bowling Green, KY.
What is the average salary for Business and Financial Operations Occupations in Clarksville, TN-KY?
The average annual salary for Business and Financial Operations Occupations in Clarksville, TN-KY is $72,020.
How does Clarksville's salary compare to the national average?
The average salary in Clarksville ($72,020) is lower than the national average ($94,590) for Business and Financial Operations Occupations.
What is the Cost of Living Index in Clarksville, TN-KY?
The Cost of Living Index in Clarksville, TN-KY is 100, which is the national average.
How concentrated are Business and Financial Operations roles in Clarksville compared to the nation?
With a Location Quotient of 0.63, these roles are less concentrated in Clarksville than the national average, indicating fewer jobs per capita in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,280 employees in the Clarksville, TN-KY area with a job density of 42.402 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 Clarksville, TN-KY