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Average Business and Financial Operations Occupations Salary in Huntington-Ashland, WV-KY-OH

In the Huntington-Ashland, WV-KY-OH metropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $70,510. This figure is notably below the national average of $94,590, reflecting regional economic factors and industry demand specific to this locale. The compensation structure here is influenced by the unique economic landscape and the concentration of these roles within the local workforce.

Executive Summary

  • Average Salary: $70,510 per year.
  • Growth Trend: Salaries have shifted 12.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $108,560.
  • Outlook: The Huntington-Ashland region supports a local workforce of 5,110 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.54, these roles are less concentrated than the national average, suggesting a market that may be less saturated but also potentially offers fewer specialized opportunities compared to larger metropolitan hubs. The presence of 36.487 jobs per 1,000 workers indicates a steady, albeit not dominant, demand for these essential business functions.
2024 Market Data

Salary Overview

$70,510

The average Business and Financial Operations Occupations in Huntington-Ashland, WV-KY-OH earns-25.5%below the national average.

BreakdownBased on 40h/week
Hourly

$33.9

Weekly

$1,356

Monthly

$5,876

Business and Financial Operations Occupations Salary Distribution in Huntington-Ashland, WV-KY-OH

Salary progression within Business and Financial Operations Occupations is strongly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and a proven track record can significantly increase their earning potential. The percentile gaps between junior and senior roles highlight the substantial career advancement and salary scaling opportunities available to those who develop expertise and take on greater responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,920$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,883$25.4
ManagerOversees team, compliance, and project delivery.50% (Median)$62,440$30
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,138$42.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$108,560$52.2

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$70,510

Gross Pay

Real Wage (Purchasing Power)

$70,510

Adjusted for COL (100)

The average annual salary of $70,510 in Huntington-Ashland, WV-KY-OH aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national standard, making the take-home pay relatively stable in terms of its real value when compared to other areas.

Job Market Context

5,110

Total Jobs

36.487

Per 1K Jobs

0.54

Location Quotient

Below Average

Huntington-Ashland, WV-KY-OH has 0.54x 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 0.54 for Business and Financial Operations Occupations in Huntington-Ashland indicates that these roles are less prevalent locally than they are on a national scale. This suggests that the job market may be less competitive in terms of the sheer number of applicants for each opening, but it also implies that the availability of highly specialized positions might be more limited compared to national averages.

Nearby Job Markets

Nearby Cities for Business and Financial Operations Occupations

CitySalaryDist.
Charleston, WV Business and Financial Operations Occupations Salary$74,290↑ 5%44 mi
Parkersburg-Vienna, WV Business and Financial Operations Occupations Salary$84,640↑ 20%76 mi
Beckley, WV Business and Financial Operations Occupations Salary$72,270↑ 2%80 mi

Comparing salaries near Huntington-Ashland, WV-KY-OH

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Huntington-Ashland, WV-KY-OH?

The median annual salary for a Business and Financial Operations Occupations in Huntington-Ashland, WV-KY-OH is $70,510. This typically ranges from $37,920 for entry-level positions to $108,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Huntington-Ashland, WV-KY-OH is 25.5% lower than the national median of $94,590.

Is Huntington-Ashland, WV-KY-OH a lucrative place for Business and Financial Operations Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $70,510 is significantly lower than the national average of $94,590, although the cost of living is at the national average.

Is Huntington-Ashland, WV-KY-OH a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in Huntington-Ashland, WV-KY-OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Huntington-Ashland, WV-KY-OH?

Some top paying nearby cities include Charleston, WV ($74,290) and Parkersburg-Vienna, WV.

How does the local workforce size impact job prospects?

A local workforce of 5,110 suggests a moderate presence of these professionals, indicating a stable but not overly saturated job market for Business and Financial Operations roles in the region.

What does a Location Quotient of 0.54 mean for job seekers?

A Location Quotient below 1.0 signifies that Business and Financial Operations Occupations are less concentrated in Huntington-Ashland than nationally, potentially leading to fewer specialized roles but also less intense competition.

How does the cost of living affect the $70,510 salary?

With a Cost of Living Index of 100, the $70,510 salary has the same purchasing power as the national average, meaning your earnings will stretch similarly to what they would elsewhere in the US.

Are there many Business and Financial Operations jobs per capita in Huntington-Ashland?

With 36.487 jobs per 1,000 workers, the density of these roles is present, indicating a consistent demand for business and financial expertise within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,110 employees in the Huntington-Ashland, WV-KY-OH area with a job density of 36.487 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Huntington-Ashland, WV-KY-OH

Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Huntington-Ashland, WV-KY-OH