In the Eastern Washington nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $84,650. This figure falls below the national average of $94,590, reflecting the unique economic landscape and potentially lower demand for these specialized roles outside of major metropolitan hubs. The regional economic drivers and industry concentration play a significant role in shaping compensation levels.
Executive Summary
- Average Salary: $84,650 per year.
- Growth Trend: Salaries have shifted 27.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,270.
- Outlook: The job market for Business and Financial Operations Occupations in Eastern Washington's nonmetropolitan area, with a total local workforce of 4,690, indicates a moderate presence. The Location Quotient of 0.64 suggests that these roles are less concentrated here compared to the national average, implying a stable but not rapidly expanding demand. While not a high-growth sector in this specific region, the consistent number of jobs per 1,000 workers (42.86) points to ongoing opportunities.
Salary Overview
The average Business and Financial Operations Occupations in Eastern Washington nonmetropolitan area earns-10.5%below the national average.
$40.7
$1,628
$7,054
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations have seen gradual growth over the past four years, mirroring national trends. Economic development and increased business activity in the region would typically correlate with upward salary adjustments, though perhaps at a slower pace than in more dynamic urban centers.
Business and Financial Operations Occupations Salary Distribution in Eastern Washington nonmetropolitan area
Salary progression for Business and Financial Operations roles typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries, potentially reaching well into the six figures. The percentile gaps in salary distributions clearly signify career advancement and the increasing value placed on expertise and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,650 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,488 | $30.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,170 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,813 | $50.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,270 | $60.7 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$84,650
Gross Pay
Real Wage (Purchasing Power)
$84,650
Adjusted for COL (100)
The nominal average salary of $84,650 in Eastern Washington's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of this salary is equivalent to the national average. While the salary is lower than the national average for the occupation, the cost of living parity suggests that the take-home pay offers a comparable standard of living to many other parts of the country.
Job Market Context
4,690
Total Jobs
42.86
Per 1K Jobs
0.64
Location Quotient
Eastern Washington nonmetropolitan area has 0.64x 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 0.64, the market for Business and Financial Operations Occupations in Eastern Washington's nonmetropolitan area is less concentrated than the national average. This suggests that while opportunities exist, the field is not as saturated as in major economic centers. Employers may find a smaller pool of specialized talent, potentially leading to competitive hiring for experienced professionals, but overall demand is moderate.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Eastern Washington nonmetropolitan area
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Eastern Washington nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Eastern Washington nonmetropolitan area is $84,650. This typically ranges from $50,650 for entry-level positions to $126,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern Washington nonmetropolitan area is 10.5% lower than the national median of $94,590.
Is Eastern Washington nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $84,650 is below the national average, and the occupation is less concentrated in the region. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Eastern Washington nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Eastern Washington nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern Washington nonmetropolitan area?
Some top paying nearby cities include Seattle-Tacoma-Bellevue, WA ($110,430) and Wenatchee-East Wenatchee, WA.
How does the Eastern Washington salary compare to the national average?
The average salary of $84,650 in Eastern Washington is approximately $10,000 less than the national average of $94,590 for Business and Financial Operations Occupations.
What does a Location Quotient of 0.64 mean for job seekers?
A Location Quotient of 0.64 indicates that Business and Financial Operations Occupations are less prevalent in this nonmetropolitan area compared to the national average, suggesting a moderate job market with potentially fewer openings than in more concentrated regions.
Is the cost of living a factor in the salary for this region?
Yes, the Cost of Living Index is 100, which is the national average. This means the $84,650 salary offers purchasing power equivalent to the national average, despite being lower than the national occupational salary average.
How many Business and Financial Operations jobs are there per 1,000 workers in Eastern Washington?
There are approximately 42.86 jobs per 1,000 workers in Business and Financial Operations Occupations within the Eastern Washington nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,690 employees in the Eastern Washington nonmetropolitan area area with a job density of 42.86 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 Eastern Washington nonmetropolitan area