Average Business and Financial Operations Occupations Salary in Flagstaff, AZ
In Flagstaff, AZ, professionals in Business and Financial Operations Occupations earn an average annual salary of $76,630. This figure is notably below the national average of $94,590, suggesting that local economic factors and industry demand play a significant role in compensation within this region. While the nominal salary is lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $76,630 per year.
- Growth Trend: Salaries have shifted 6.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,540.
- Outlook: The local workforce for Business and Financial Operations Occupations in Flagstaff comprises 2,590 individuals, indicating a moderate presence. The Location Quotient of 0.59 suggests that this sector is less concentrated in Flagstaff compared to the national average. While not a booming hub, the consistent presence of these roles points to a stable, albeit less dominant, job market.
Salary Overview
The average Business and Financial Operations Occupations in Flagstaff, AZ earns-19.0%below the national average.
$36.8
$1,474
$6,386
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Flagstaff's Business and Financial Operations Occupations is not provided, it is generally assumed that salaries within this sector have experienced steady growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for financial expertise likely contribute to upward salary adjustments, even in smaller markets.
Business and Financial Operations Occupations Salary Distribution in Flagstaff, AZ
Career progression within Business and Financial Operations Occupations typically leads to significant salary increases. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The gap between entry-level and senior roles highlights the substantial earning potential and career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,380 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,473 | $27.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $68,160 | $32.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,788 | $46.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,540 | $55.5 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$76,630
Gross Pay
Real Wage (Purchasing Power)
$76,630
Adjusted for COL (100)
With an average annual salary of $76,630 and a Cost of Living Index of 100 (matching the national average), the nominal income in Flagstaff for these roles aligns directly with the national cost of living. This means that while the salary is lower than the national average, the purchasing power of that salary in Flagstaff is equivalent to the national average, offering a balanced financial outlook.
Job Market Context
2,590
Total Jobs
39.286
Per 1K Jobs
0.59
Location Quotient
Flagstaff, AZ has 0.59x 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.
The Location Quotient of 0.59 for Business and Financial Operations Occupations in Flagstaff indicates that this sector is less prevalent locally than it is nationwide. This suggests that while opportunities exist, the market is not saturated, and professionals may face less competition for roles compared to more concentrated areas. However, it also implies a potentially smaller pool of specialized roles and employers.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Prescott Valley-Prescott, AZ Business and Financial Operations Occupations Salary | $74,580↓ 3% | 57 mi |
Comparing salaries near Flagstaff, AZ
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Flagstaff, AZ?
The median annual salary for a Business and Financial Operations Occupations in Flagstaff, AZ is $76,630. This typically ranges from $42,380 for entry-level positions to $115,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Flagstaff, AZ is 19.0% lower than the national median of $94,590.
Is Flagstaff, AZ a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $76,630 is substantial, it falls below the national average of $94,590. However, the cost of living is on par with the national average, making the purchasing power equivalent.
Is Flagstaff, AZ a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Flagstaff, AZ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Flagstaff, AZ?
Some top paying nearby cities include Prescott Valley-Prescott, AZ ($74,580) and others.
How does the Flagstaff salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Flagstaff is $76,630, which is lower than the national average of $94,590.
What is the Cost of Living in Flagstaff, AZ?
Flagstaff, AZ has a Cost of Living Index of 100, which is exactly the same as the national average, indicating average living expenses.
How concentrated are Business and Financial Operations jobs in Flagstaff?
The concentration of these jobs in Flagstaff, measured by a Location Quotient of 0.59, is below the national average, suggesting a less dominant presence of this sector compared to the rest of the country.
How many people work in Business and Financial Operations in Flagstaff?
There are approximately 2,590 individuals employed in Business and Financial Operations Occupations in Flagstaff, AZ.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,590 employees in the Flagstaff, AZ area with a job density of 39.286 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 Flagstaff, AZ