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Average Business and Financial Operations Occupations Salary in Grand Junction, CO

In Grand Junction, CO, professionals in Business and Financial Operations Occupations earn an average annual salary of $78,500. This figure is notably below the national average of $94,590, suggesting that local economic factors and market demand play a significant role in compensation within this sector in the Grand Valley.

Executive Summary

  • Average Salary: $78,500 per year.
  • Growth Trend: Salaries have shifted 16.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $119,410.
  • Outlook: With a local workforce of 3,500 individuals in Business and Financial Operations Occupations, Grand Junction presents a moderate employment landscape. The Location Quotient of 0.78 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while the sector is present, it may not be as dominant as in other regions, implying a stable but not rapidly expanding job market.
2024 Market Data

Salary Overview

$78,500

The average Business and Financial Operations Occupations in Grand Junction, CO earns-17.0%below the national average.

BreakdownBased on 40h/week
Hourly

$37.7

Weekly

$1,510

Monthly

$6,542

Business and Financial Operations Occupations Salary Distribution in Grand Junction, CO

Career progression within Business and Financial Operations Occupations in Grand Junction, CO, is typically marked by increasing salary levels. Entry-level positions might start closer to the lower percentiles, while senior roles, requiring extensive experience and specialized skills, command salaries at the higher end of the spectrum, reflecting a clear path for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,160$21.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,875$28.3
ManagerOversees team, compliance, and project delivery.50% (Median)$72,090$34.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,125$47.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$119,410$57.4

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$78,500

Gross Pay

Real Wage (Purchasing Power)

$78,500

Adjusted for COL (100)

The average annual salary of $78,500 in Grand Junction, CO, 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 salary in Grand Junction is comparable to the national average, offering a stable financial environment for residents.

Job Market Context

3,500

Total Jobs

52.393

Per 1K Jobs

0.78

Location Quotient

Below Average

Grand Junction, CO has 0.78x 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 0.78 for Business and Financial Operations Occupations in Grand Junction, CO, signifies that this sector is slightly less concentrated than the national average. This suggests a moderately competitive job market where demand is present but not overwhelmingly high, potentially offering good opportunities for skilled professionals without intense competition.

Nearby Job Markets

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Grand Junction, CO?

The median annual salary for a Business and Financial Operations Occupations in Grand Junction, CO is $78,500. This typically ranges from $44,160 for entry-level positions to $119,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Grand Junction, CO is 17.0% lower than the national median of $94,590.

Is Grand Junction, CO a lucrative place for Business and Financial Operations Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $78,500 is below the national average of $94,590, although the cost of living is on par with the national average.

Is Grand Junction, CO a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in Grand Junction, CO is 100. While higher than average, this often correlates with higher wages.

How does the Grand Junction salary compare to the national average?

The average salary for Business and Financial Operations Occupations in Grand Junction, CO, is $78,500, which is approximately $16,090 less than the national average of $94,590.

What is the concentration of Business and Financial Operations Occupations in Grand Junction?

The concentration, measured by the Location Quotient, is 0.78, indicating that these roles are slightly less prevalent in Grand Junction compared to the national average.

How many people work in Business and Financial Operations Occupations in Grand Junction?

Approximately 3,500 individuals are employed in Business and Financial Operations Occupations in Grand Junction, CO.

Does the cost of living affect the perceived value of the salary in Grand Junction?

No, the cost of living in Grand Junction is at the national average (100), meaning the $78,500 salary has a purchasing power equivalent to the national average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,500 employees in the Grand Junction, CO area with a job density of 52.393 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Grand Junction, CO