Average Business and Financial Operations Occupations Salary in Helena, MT
In Helena, Montana, professionals in Business and Financial Operations Occupations earn an average annual salary of $76,020. 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 the state capital. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $76,020 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,400.
- Outlook: Helena, MT supports a local workforce of 4,670 individuals within Business and Financial Operations Occupations. With a Location Quotient of 1.59, this sector is more concentrated in Helena than the national average, indicating a robust local presence and potentially stable demand for these specialized roles. The concentration suggests that these roles are a significant part of the local economic landscape.
Salary Overview
The average Business and Financial Operations Occupations in Helena, MT earns-19.6%below the national average.
$36.6
$1,462
$6,335
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Helena's Business and Financial Operations Occupations is not provided, it is reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic shifts, inflation, and evolving industry demands typically contribute to incremental increases in compensation for these vital roles, reflecting a dynamic job market.
Business and Financial Operations Occupations Salary Distribution in Helena, MT
Salary progression within Business and Financial Operations Occupations in Helena, MT, typically sees significant increases with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries. The widening gap between entry-level and senior-level compensation reflects the value placed on expertise and career advancement within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,730 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,015 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,590 | $34.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,025 | $45.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,400 | $49.7 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$76,020
Gross Pay
Real Wage (Purchasing Power)
$76,020
Adjusted for COL (100)
The average annual salary of $76,020 in Helena, MT, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, making Helena an economically stable location for professionals in this field. While the nominal salary is lower than the national average, the cost of living ensures that the real value of earnings remains competitive.
Job Market Context
4,670
Total Jobs
106.899
Per 1K Jobs
1.59
Location Quotient
Helena, MT has 1.6x the national concentration of Business and Financial Operations Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Helena, MT, exhibits a Location Quotient of 1.59 for Business and Financial Operations Occupations, signifying a higher concentration of these roles compared to the national average. This suggests a more specialized and potentially competitive market, where employers may actively seek talent within this sector. The elevated quotient indicates that these professionals are a key component of Helena's employment landscape.
Nearby Job Markets
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Comparing salaries near Helena, MT
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Helena, MT?
The median annual salary for a Business and Financial Operations Occupations in Helena, MT is $76,020. This typically ranges from $49,730 for entry-level positions to $103,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Helena, MT is 19.6% lower than the national median of $94,590.
Is Helena, MT a lucrative place for Business and Financial Operations Occupationss?
No, but it offers stable purchasing power.While the average salary of $76,020 is below the national average, Helena's Cost of Living Index of 100 means your earnings have equivalent purchasing power to the national average.
Is Helena, MT a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Helena, MT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Helena, MT?
Some top paying nearby cities include Great Falls, MT ($76,710) and West Montana nonmetropolitan area.
How does Helena's job market compare to the national average for this sector?
Helena has a higher concentration of Business and Financial Operations jobs relative to its workforce size, indicated by a Location Quotient of 1.59, suggesting a strong local presence.
What is the total number of Business and Financial Operations workers in Helena, MT?
There are approximately 4,670 individuals employed in Business and Financial Operations Occupations within Helena, MT.
How does experience impact salary in Helena, MT for this field?
Experience significantly influences salary, with senior roles commanding higher compensation than entry-level positions, reflecting a clear career progression path.
Is the cost of living in Helena, MT higher or lower than the national average?
Helena, MT has a Cost of Living Index of 100, which is exactly the national average, meaning living expenses are comparable.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,670 employees in the Helena, MT area with a job density of 106.899 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 Helena, MT