In the Houston-Pasadena-The Woodlands, TX metropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $89,550. This figure is slightly below the national average of $94,590, suggesting localized market dynamics and potentially different industry demands influence compensation in this region.
Executive Summary
- Average Salary: $89,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $138,790.
- Outlook: With a substantial local workforce of 191,510 individuals in Business and Financial Operations Occupations, the Houston area demonstrates a significant presence in this sector. The location quotient of 0.88 indicates that while the concentration is slightly below the national average, the sheer volume of jobs per 1,000 workers (58.992) points to a robust and active job market that continues to employ a considerable number of professionals.
Salary Overview
The average Business and Financial Operations Occupations in Houston-Pasadena-The Woodlands, TX earns-5.3%below the national average.
$43.1
$1,722
$7,463
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations in the Houston-Pasadena-The Woodlands, TX area have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for specialized financial and operational expertise typically drive upward salary adjustments in most major metropolitan markets.
Business and Financial Operations Occupations Salary Distribution in Houston-Pasadena-The Woodlands, TX
Salary progression within Business and Financial Operations Occupations is significantly influenced by experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with extensive expertise and leadership roles can expect substantially higher compensation. The widening gap between entry-level and senior-level salaries, often reflected in percentile distributions, signifies clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,200 | $22.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,163 | $32.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,260 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,938 | $53.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $138,790 | $66.7 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$89,550
Gross Pay
Real Wage (Purchasing Power)
$89,550
Adjusted for COL (100)
The average annual salary of $89,550 in Houston-Pasadena-The Woodlands, TX 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, offering a stable financial environment for residents without the added pressure of significantly higher or lower living expenses.
Job Market Context
191,510
Total Jobs
58.992
Per 1K Jobs
0.88
Location Quotient
Houston-Pasadena-The Woodlands, TX has 0.88x 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 0.88 for Business and Financial Operations Occupations in Houston-Pasadena-The Woodlands, TX suggests that this sector is slightly less concentrated than the national average. However, with 58.992 jobs per 1,000 workers, the market remains active and competitive, indicating a healthy demand for these professionals within the local economy.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Beaumont-Port Arthur, TX Business and Financial Operations Occupations Salary | $83,340↓ 7% | 77 mi |
| College Station-Bryan, TX Business and Financial Operations Occupations Salary | $71,930↓ 20% | 77 mi |
Comparing salaries near Houston-Pasadena-The Woodlands, TX
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Houston-Pasadena-The Woodlands, TX?
The median annual salary for a Business and Financial Operations Occupations in Houston-Pasadena-The Woodlands, TX is $89,550. This typically ranges from $46,200 for entry-level positions to $138,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Houston-Pasadena-The Woodlands, TX is 5.3% lower than the national median of $94,590.
Is Houston-Pasadena-The Woodlands, TX a lucrative place for Business and Financial Operations Occupationss?
Yes, with a stable cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making it a financially balanced location. The substantial workforce indicates a consistent demand for these roles.
Is Houston-Pasadena-The Woodlands, TX a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Houston-Pasadena-The Woodlands, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Houston-Pasadena-The Woodlands, TX?
Some top paying nearby cities include Beaumont-Port Arthur, TX ($83,340) and College Station-Bryan, TX.
How does the Houston salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Houston-Pasadena-The Woodlands, TX is $89,550, which is approximately $5,040 less than the national average of $94,590.
What is the cost of living in Houston-Pasadena-The Woodlands, TX?
The cost of living index for Houston-Pasadena-The Woodlands, TX is 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.
How concentrated is the Business and Financial Operations job market in Houston?
The job market for Business and Financial Operations Occupations in Houston-Pasadena-The Woodlands, TX has a location quotient of 0.88, indicating it is slightly less concentrated than the national average, but still represents a significant portion of the local workforce.
What does a location quotient of 0.88 mean for job seekers?
A location quotient of 0.88 suggests that while the industry is present and employs many, it might be slightly less dominant compared to national averages, implying a competitive but accessible job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 191,510 employees in the Houston-Pasadena-The Woodlands, TX area with a job density of 58.992 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 Houston-Pasadena-The Woodlands, TX