In Fayetteville-Springdale-Rogers, AR, professionals in Business and Financial Operations Occupations earn an average annual salary of $86,720. This figure is slightly below the national average of $94,590, suggesting localized economic factors and industry demand play a significant role in compensation within this region.
Executive Summary
- Average Salary: $86,720 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,620.
- Outlook: The Business and Financial Operations sector in Fayetteville-Springdale-Rogers, AR, is robust, with a total local workforce of 19,600 individuals. The Location Quotient of 1.09 indicates a concentration of these roles slightly above the national average, signaling a healthy and established presence of these critical functions within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Fayetteville-Springdale-Rogers, AR earns-8.3%below the national average.
$41.7
$1,668
$7,227
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Business and Financial Operations roles in regions like Fayetteville-Springdale-Rogers have experienced steady growth over the past four years, mirroring national trends of increasing demand for financial expertise and operational efficiency.
Business and Financial Operations Occupations Salary Distribution in Fayetteville-Springdale-Rogers, AR
Salary progression within Business and Financial Operations Occupations in Fayetteville-Springdale-Rogers, AR, typically scales significantly with experience. Entry-level positions may start at lower percentiles, while senior roles and specialized expertise command higher salaries, with notable percentile gaps reflecting substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,170 | $20.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,040 | $31.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,250 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,400 | $52.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,620 | $66.2 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$86,720
Gross Pay
Real Wage (Purchasing Power)
$86,720
Adjusted for COL (100)
The nominal average salary of $86,720 in Fayetteville-Springdale-Rogers, AR, aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of the average salary in this area is comparable to the national standard, offering a stable financial environment for residents.
Job Market Context
19,600
Total Jobs
73.429
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Fayetteville-Springdale-Rogers, AR has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
With a Location Quotient of 1.09, the Business and Financial Operations job market in Fayetteville-Springdale-Rogers, AR, is slightly more concentrated than the national average. This suggests a competitive yet accessible landscape where demand for these skills is consistent, offering professionals a good balance of opportunity and stability.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Fort Smith, AR-OK Business and Financial Operations Occupations Salary | $68,550↓ 21% | 51 mi |
| Joplin, MO-KS Business and Financial Operations Occupations Salary | $71,170↓ 18% | 72 mi |
| Springfield, MO Business and Financial Operations Occupations Salary | $71,840↓ 17% | 91 mi |
| Tulsa, OK Business and Financial Operations Occupations Salary | $79,630↓ 8% | 97 mi |
Comparing salaries near Fayetteville-Springdale-Rogers, AR
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Fayetteville-Springdale-Rogers, AR?
The median annual salary for a Business and Financial Operations Occupations in Fayetteville-Springdale-Rogers, AR is $86,720. This typically ranges from $42,170 for entry-level positions to $137,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville-Springdale-Rogers, AR is 8.3% lower than the national median of $94,590.
Is Fayetteville-Springdale-Rogers, AR a lucrative place for Business and Financial Operations Occupationss?
Yes, it offers comparable financial stability to the national average.While the average salary is slightly below the national benchmark, the cost of living being exactly at the national average ensures that the purchasing power of $86,720 is equivalent to the national average salary.
Is Fayetteville-Springdale-Rogers, AR a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?
Some top paying nearby cities include Fort Smith, AR-OK ($68,550) and Joplin, MO-KS.
How does the local workforce size impact job availability?
A local workforce of 19,600 in Business and Financial Operations suggests a substantial pool of talent and a significant presence of these roles, indicating consistent demand and opportunities within the region.
What does a Location Quotient of 1.09 mean for job seekers?
A Location Quotient of 1.09 signifies that Business and Financial Operations Occupations are slightly more concentrated in Fayetteville-Springdale-Rogers, AR, than the national average, implying a healthy job market with potentially more specialized roles available.
How does the cost of living in Fayetteville-Springdale-Rogers, AR compare nationally?
The Cost of Living Index is 100, meaning it is exactly on par with the national average, offering residents the same purchasing power as the typical American.
Are there significant salary differences based on experience in this region?
Yes, as with most fields, experience plays a crucial role, with entry-level positions offering lower salaries and senior or specialized roles commanding significantly higher compensation, reflecting a clear career progression path.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 19,600 employees in the Fayetteville-Springdale-Rogers, AR area with a job density of 73.429 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 Fayetteville-Springdale-Rogers, AR