Average Business and Financial Operations Occupations Salary in Greenville, NC
In Greenville, NC, professionals in Business and Financial Operations Occupations can expect an average annual salary of $76,670. This figure is notably below the national average of $94,590, reflecting regional economic factors and the specific demand within the local market. The pay scale in Greenville is influenced by the overall economic landscape and the concentration of businesses requiring these specialized financial roles.
Executive Summary
- Average Salary: $76,670 per year.
- Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,940.
- Outlook: Greenville, NC supports a local workforce of 3,850 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.7, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of nearly 47 jobs per 1,000 workers indicates a consistent need for these professionals within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Greenville, NC earns-18.9%below the national average.
$36.9
$1,474
$6,389
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Greenville, NC is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations have experienced growth over the past four years, mirroring national trends. Economic shifts and evolving business needs typically drive incremental salary increases, even in markets with a lower concentration of specific roles.
Business and Financial Operations Occupations Salary Distribution in Greenville, NC
Career progression within Business and Financial Operations Occupations in Greenville, NC, typically leads to significant salary increases. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,150 | $20.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,503 | $27.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,620 | $33.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,838 | $46.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,940 | $57.2 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$76,670
Gross Pay
Real Wage (Purchasing Power)
$76,670
Adjusted for COL (100)
The average annual salary of $76,670 in Greenville, NC, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income locally is equivalent to the national standard, making it a neutral factor in relocation decisions from a cost perspective.
Job Market Context
3,850
Total Jobs
47.283
Per 1K Jobs
0.7
Location Quotient
Greenville, NC has 0.70x 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 0.7 for Business and Financial Operations Occupations in Greenville, NC, indicates that these roles are less concentrated than the national average. This suggests that the job market may be less saturated, potentially offering more opportunities for skilled professionals to stand out, though it also implies a slightly lower overall demand compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Rocky Mount, NC Business and Financial Operations Occupations Salary | $79,750↑ 4% | 35 mi |
| Goldsboro, NC Business and Financial Operations Occupations Salary | $75,440↓ 2% | 37 mi |
| Jacksonville, NC Business and Financial Operations Occupations Salary | $73,910↓ 4% | 60 mi |
| Raleigh-Cary, NC Business and Financial Operations Occupations Salary | $90,880↑ 19% | 73 mi |
| Durham-Chapel Hill, NC Business and Financial Operations Occupations Salary | $95,160↑ 24% | 90 mi |
Comparing salaries near Greenville, NC
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Greenville, NC?
The median annual salary for a Business and Financial Operations Occupations in Greenville, NC is $76,670. This typically ranges from $42,150 for entry-level positions to $118,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greenville, NC is 18.9% lower than the national median of $94,590.
Is Greenville, NC a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $76,670 is below the national average, and the job concentration is also lower. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Greenville, NC a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Greenville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greenville, NC?
Some top paying nearby cities include Rocky Mount, NC ($79,750) and Goldsboro, NC.
How does the cost of living in Greenville, NC compare to the national average?
Greenville, NC has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
What is the significance of a Location Quotient of 0.7?
A Location Quotient of 0.7 signifies that Business and Financial Operations Occupations are 30% less concentrated in Greenville, NC, compared to the national average. This suggests a slightly smaller industry presence locally.
How many Business and Financial Operations jobs are there per 1,000 workers in Greenville, NC?
There are approximately 47.28 jobs per 1,000 workers in Business and Financial Operations Occupations in Greenville, NC, indicating a moderate level of employment in this sector.
Does experience significantly impact salary for these roles in Greenville, NC?
Yes, experience is a key driver of salary growth in Business and Financial Operations. As professionals gain more experience, their earning potential increases substantially, with senior roles commanding higher compensation than entry-level positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,850 employees in the Greenville, NC area with a job density of 47.283 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 Greenville, NC