Average Business and Financial Operations Occupations Salary in Jacksonville, FL
In Jacksonville, FL, professionals in Business and Financial Operations Occupations earn an average annual salary of $87,670. This figure is slightly below the national average of $94,590, reflecting a localized economic landscape that influences compensation. Factors such as regional industry demand and the specific cost of doing business within Jacksonville contribute to this pay differential.
Executive Summary
- Average Salary: $87,670 per year.
- Growth Trend: Salaries have shifted 27.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,540.
- Outlook: Jacksonville boasts a substantial workforce of 57,070 individuals within Business and Financial Operations Occupations. The location quotient of 1.12 indicates a slightly higher concentration of these roles compared to the national average, suggesting a robust and established presence of these professions within the city's economy. This concentration points to a healthy demand for skilled professionals in this sector.
Salary Overview
The average Business and Financial Operations Occupations in Jacksonville, FL earns-7.3%below the national average.
$42.2
$1,686
$7,306
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Business and Financial Operations Occupations in Jacksonville have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for financial expertise typically drive upward salary adjustments in most metropolitan areas.
Business and Financial Operations Occupations Salary Distribution in Jacksonville, FL
Salary progression within Business and Financial Operations Occupations in Jacksonville is strongly tied to experience. Entry-level positions typically command lower salaries, while senior roles with extensive experience and specialized skills can significantly exceed the average. The percentile gaps between different experience levels highlight 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) | $45,760 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,753 | $31.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,380 | $37.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,588 | $52.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,540 | $64.2 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$87,670
Gross Pay
Real Wage (Purchasing Power)
$87,670
Adjusted for COL (100)
The average annual salary of $87,670 in Jacksonville aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial foundation for residents.
Job Market Context
57,070
Total Jobs
75.458
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Jacksonville, FL has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
With a location quotient of 1.12, Jacksonville demonstrates a slightly higher concentration of Business and Financial Operations Occupations professionals than the national average. This suggests a competitive yet accessible job market, where opportunities are present and the talent pool is somewhat more specialized than in other regions.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Brunswick-St. Simons, GA Business and Financial Operations Occupations Salary | $98,910↑ 13% | 57 mi |
| Gainesville, FL Business and Financial Operations Occupations Salary | $75,790↓ 14% | 60 mi |
| Ocala, FL Business and Financial Operations Occupations Salary | $75,130↓ 14% | 85 mi |
Comparing salaries near Jacksonville, FL
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Jacksonville, FL?
The median annual salary for a Business and Financial Operations Occupations in Jacksonville, FL is $87,670. This typically ranges from $45,760 for entry-level positions to $133,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, FL is 7.3% lower than the national median of $94,590.
Is Jacksonville, FL a lucrative place for Business and Financial Operations Occupationss?
Yes, Jacksonville, FL offers a stable earning environment for Business and Financial Operations Occupations.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning purchasing power is maintained. The location quotient indicates a healthy concentration of these roles, suggesting consistent demand.
Is Jacksonville, FL a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, FL?
Some top paying nearby cities include Brunswick-St. Simons, GA ($98,910) and Gainesville, FL.
How does Jacksonville's salary for Business and Financial Operations compare to the national average?
The average annual salary in Jacksonville is $87,670, which is approximately 7.3% lower than the national average of $94,590.
What does a Location Quotient of 1.12 mean for this job sector in Jacksonville?
A location quotient of 1.12 signifies that Business and Financial Operations Occupations are 12% more concentrated in Jacksonville than the national average, indicating a stronger presence and potentially more job opportunities relative to the overall workforce.
How does the Cost of Living in Jacksonville affect the salary?
With a Cost of Living Index of 100, Jacksonville's cost of living is exactly at the national average. This means the $87,670 salary has the same purchasing power as the national average salary.
What is the total number of Business and Financial Operations workers in Jacksonville?
There are 57,070 individuals employed in Business and Financial Operations Occupations in Jacksonville, FL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 57,070 employees in the Jacksonville, FL area with a job density of 75.458 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 Jacksonville, FL