Average Business and Financial Operations Occupations Salary in Jacksonville, NC
In Jacksonville, NC, professionals in Business and Financial Operations Occupations earn an average annual salary of $73,910. This figure is notably below the national average of $94,590, reflecting localized economic factors and industry demand specific to the region. The unique economic landscape of Jacksonville influences compensation levels for these critical roles.
Executive Summary
- Average Salary: $73,910 per year.
- Growth Trend: Salaries have shifted 7.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,030.
- Outlook: With a local workforce of 2,840 individuals in Business and Financial Operations, and a Location Quotient of 0.8, the job market in Jacksonville, NC, indicates a slightly lower concentration of these roles compared to the national average. While not as densely populated with these professionals as other areas, the existing workforce suggests a stable, albeit not rapidly expanding, demand for business and financial expertise within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Jacksonville, NC earns-21.9%below the national average.
$35.5
$1,421
$6,159
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Jacksonville, NC, is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations have experienced steady growth over the past four years, mirroring national trends. Economic recovery and evolving business needs typically drive incremental salary increases, even in markets with moderate concentration.
Business and Financial Operations Occupations Salary Distribution in Jacksonville, NC
Within Jacksonville, NC, career progression in Business and Financial Operations Occupations typically leads to significant salary increases. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive experience and specialized skills, command higher compensation. The percentile gaps in earnings clearly signify the career trajectory and reward for accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,260 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,433 | $26.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,950 | $34.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,388 | $44.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,030 | $54.3 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$73,910
Gross Pay
Real Wage (Purchasing Power)
$73,910
Adjusted for COL (100)
The average annual salary of $73,910 in Jacksonville, NC, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national standard, making relocation financially neutral in terms of everyday expenses.
Job Market Context
2,840
Total Jobs
53.695
Per 1K Jobs
0.8
Location Quotient
Jacksonville, NC has 0.80x 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 0.8 for Business and Financial Operations Occupations in Jacksonville, NC, suggests that these roles are slightly less concentrated than the national average. This indicates a moderately competitive job market where demand exists, but the supply of specialized talent may not be as abundant as in major metropolitan hubs, potentially offering opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Wilmington, NC Business and Financial Operations Occupations Salary | $82,530↑ 12% | 46 mi |
| Goldsboro, NC Business and Financial Operations Occupations Salary | $75,440↑ 2% | 55 mi |
| Greenville, NC Business and Financial Operations Occupations Salary | $76,670↑ 4% | 60 mi |
| Rocky Mount, NC Business and Financial Operations Occupations Salary | $79,750↑ 8% | 89 mi |
| Fayetteville, NC Business and Financial Operations Occupations Salary | $85,120↑ 15% | 93 mi |
Comparing salaries near Jacksonville, NC
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Jacksonville, NC?
The median annual salary for a Business and Financial Operations Occupations in Jacksonville, NC is $73,910. This typically ranges from $35,260 for entry-level positions to $113,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, NC is 21.9% lower than the national median of $94,590.
Is Jacksonville, NC a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $73,910 is below the national average, though the cost of living is on par, meaning purchasing power is similar.
Is Jacksonville, NC a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Jacksonville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, NC?
Some top paying nearby cities include Wilmington, NC ($82,530) and Goldsboro, NC.
How does Jacksonville's cost of living compare to the national average?
Jacksonville, NC, has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable.
What is the concentration of Business and Financial Operations jobs in Jacksonville, NC?
The concentration, measured by the Location Quotient, is 0.8, meaning these jobs are slightly less common in Jacksonville than the national average.
How many Business and Financial Operations workers are there in Jacksonville, NC?
There are approximately 2,840 individuals employed in Business and Financial Operations Occupations within the Jacksonville, NC area.
What is the salary difference between Jacksonville and the national average for this field?
Professionals in Jacksonville, NC, earn an average of $20,680 less annually compared to the national average for Business and Financial Operations Occupations.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,840 employees in the Jacksonville, NC area with a job density of 53.695 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business and Financial Operations Occupations Salaries by State
Top Jobs in Jacksonville, NC
- All Occupations Salary in Jacksonville, NC
- Food Preparation and Serving Related Occupations Salary in Jacksonville, NC
- Office and Administrative Support Occupations Salary in Jacksonville, NC
- Sales and Related Occupations Salary in Jacksonville, NC
- Educational Instruction and Library Occupations Salary in Jacksonville, NC
- Transportation and Material Moving Occupations Salary in Jacksonville, NC
- Healthcare Practitioners and Technical Occupations Salary in Jacksonville, NC
- Business and Financial Operations Occupations Salary in Jacksonville, NC
- Management Occupations Salary in Jacksonville, NC
- Installation, Maintenance, and Repair Occupations Salary in Jacksonville, NC
- Browse All Jobs in Jacksonville, NC →
Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Jacksonville, NC