In the East Georgia nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $68,940. This figure is notably below the national average of $94,590, reflecting the economic landscape and specific industry demands prevalent in this region. Factors such as local market saturation and the concentration of specific industries play a significant role in shaping compensation levels outside of major metropolitan hubs.
Executive Summary
- Average Salary: $68,940 per year.
- Growth Trend: Salaries have shifted 22.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,210.
- Outlook: The East Georgia nonmetropolitan area supports a workforce of 3,410 individuals within Business and Financial Operations Occupations. With a jobs-per-1,000-workers ratio of 38.72, the sector demonstrates a moderate presence. The Location Quotient of 0.58 indicates that this occupation group is less concentrated here compared to the national average, suggesting a potentially stable but not rapidly expanding job market.
Salary Overview
The average Business and Financial Operations Occupations in East Georgia nonmetropolitan area earns-27.1%below the national average.
$33.1
$1,326
$5,745
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this localized segment is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations across the nation have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for financial expertise, and evolving business needs, which likely also influenced compensation trends in the East Georgia nonmetropolitan area, albeit at a potentially different pace.
Business and Financial Operations Occupations Salary Distribution in East Georgia nonmetropolitan area
Salary progression within Business and Financial Operations Occupations is strongly tied to experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with advanced skills and a proven track record can expect significantly higher compensation. The percentile gaps in earnings serve as a clear indicator of career advancement opportunities, rewarding increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,690 | $16.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,705 | $24.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,370 | $29 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,175 | $41.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,210 | $54.9 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$68,940
Gross Pay
Real Wage (Purchasing Power)
$68,940
Adjusted for COL (100)
The average annual salary of $68,940 in the East Georgia nonmetropolitan area 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. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay can maintain a comparable standard of living.
Job Market Context
3,410
Total Jobs
38.72
Per 1K Jobs
0.58
Location Quotient
East Georgia nonmetropolitan area has 0.58x 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.
With a Location Quotient of 0.58, the Business and Financial Operations Occupations market in the East Georgia nonmetropolitan area is less concentrated than the national average. This suggests that while there is a consistent demand for these roles, the market is not saturated, potentially offering good opportunities for skilled professionals. The lower concentration indicates that these roles may be more specialized or serve a specific regional economic function.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Macon-Bibb County, GA Business and Financial Operations Occupations Salary | $77,610↑ 13% | 16 mi |
| Warner Robins, GA Business and Financial Operations Occupations Salary | $89,770↑ 30% | 31 mi |
| Athens-Clarke County, GA Business and Financial Operations Occupations Salary | $109,440↑ 59% | 65 mi |
| Atlanta-Sandy Springs-Roswell, GA Business and Financial Operations Occupations Salary | $93,710↑ 36% | 65 mi |
| Columbus, GA-AL Business and Financial Operations Occupations Salary | $88,170↑ 28% | 81 mi |
Comparing salaries near East Georgia nonmetropolitan area
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in East Georgia nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in East Georgia nonmetropolitan area is $68,940. This typically ranges from $33,690 for entry-level positions to $114,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Georgia nonmetropolitan area is 27.1% lower than the national median of $94,590.
Is East Georgia nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not compared to the national average.The average salary of $68,940 is significantly lower than the national average of $94,590. However, the cost of living is also at the national average, making the purchasing power comparable.
Is East Georgia nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in East Georgia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Georgia nonmetropolitan area?
Some top paying nearby cities include Macon-Bibb County, GA ($77,610) and Warner Robins, GA.
How does the local workforce size impact job opportunities?
A local workforce of 3,410 suggests a moderate-sized pool of professionals in this field, indicating a stable job market that may not be overly competitive but also not experiencing rapid expansion.
What does a Location Quotient of 0.58 signify?
A Location Quotient of 0.58 means that Business and Financial Operations Occupations are less prevalent in East Georgia compared to the national average, implying fewer specialized roles but potentially less intense competition for available positions.
How does the Cost of Living Index affect the salary?
With a Cost of Living Index of 100, the $68,940 salary has the same purchasing power as the national average, meaning that while the nominal pay is lower, the local expenses are also in line with national figures.
What are the career progression prospects in this region?
While specific data isn't available, career progression is typically driven by experience and skill development, which generally leads to higher salaries, even in regions with lower average pay scales.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,410 employees in the East Georgia nonmetropolitan area area with a job density of 38.72 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 East Georgia nonmetropolitan area