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Average Business and Financial Operations Occupations Salary in Janesville-Beloit, WI

In the Janesville-Beloit, WI area, professionals in Business and Financial Operations Occupations earn an average annual salary of $80,320. 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 this region. The specific economic landscape and the concentration of these roles locally influence the prevailing wage scales.

Executive Summary

  • Average Salary: $80,320 per year.
  • Growth Trend: Salaries have shifted 19.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,080.
  • Outlook: The Janesville-Beloit region supports a local workforce of 3,610 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.78, these roles are slightly less concentrated than the national average. This indicates a stable, albeit not exceptionally high, demand for these professionals, suggesting a consistent job market rather than rapid expansion.
2024 Market Data

Salary Overview

$80,320

The average Business and Financial Operations Occupations in Janesville-Beloit, WI earns-15.1%below the national average.

BreakdownBased on 40h/week
Hourly

$38.6

Weekly

$1,545

Monthly

$6,693

Business and Financial Operations Occupations Salary Distribution in Janesville-Beloit, WI

Career progression within Business and Financial Operations Occupations typically sees a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, requiring specialized knowledge and extensive experience, command substantially higher compensation. The percentile gaps between these levels highlight the substantial earning potential as professionals advance their careers and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,180$22.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,240$29
ManagerOversees team, compliance, and project delivery.50% (Median)$72,820$35
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$100,400$48.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$124,080$59.7

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$80,320

Gross Pay

Real Wage (Purchasing Power)

$80,320

Adjusted for COL (100)

The average annual salary of $80,320 in Janesville-Beloit, WI, aligns perfectly 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 this income is equivalent to the national standard, making the effective financial standing comparable.

Job Market Context

3,610

Total Jobs

52.098

Per 1K Jobs

0.78

Location Quotient

Below Average

Janesville-Beloit, WI has 0.78x 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.

With a Location Quotient of 0.78, Business and Financial Operations Occupations are present in the Janesville-Beloit, WI market but are slightly less concentrated than the national average. This suggests a moderate level of competition and availability for these roles; the market is neither oversaturated nor exceptionally scarce, offering a balanced environment for job seekers and employers.

Nearby Job Markets

Nearby Cities for Business and Financial Operations Occupations

CitySalaryDist.
Rockford, IL Business and Financial Operations Occupations Salary$75,060↓ 7%30 mi
Madison, WI Business and Financial Operations Occupations Salary$87,950↑ 9%33 mi
Kenosha, WI Business and Financial Operations Occupations Salary$81,140↑ 1%58 mi
Milwaukee-Waukesha, WI Business and Financial Operations Occupations Salary$87,850↑ 9%59 mi
Racine-Mount Pleasant, WI Business and Financial Operations Occupations Salary$82,330↑ 3%61 mi

Comparing salaries near Janesville-Beloit, WI

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Janesville-Beloit, WI?

The median annual salary for a Business and Financial Operations Occupations in Janesville-Beloit, WI is $80,320. This typically ranges from $47,180 for entry-level positions to $124,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Janesville-Beloit, WI is 15.1% lower than the national median of $94,590.

Is Janesville-Beloit, WI a lucrative place for Business and Financial Operations Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $80,320 is below the national average, although the cost of living is also at the national average, making the effective purchasing power similar.

Is Janesville-Beloit, WI a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Janesville-Beloit, WI?

Some top paying nearby cities include Rockford, IL ($75,060) and Madison, WI.

How does the Janesville-Beloit salary compare to the national average?

The average salary of $80,320 in Janesville-Beloit, WI, is approximately 15% lower than the national average of $94,590 for Business and Financial Operations Occupations.

What is the concentration of Business and Financial Operations jobs in Janesville-Beloit?

The concentration, measured by the Location Quotient, is 0.78, indicating that these jobs are slightly less prevalent in Janesville-Beloit compared to the national average.

How many Business and Financial Operations professionals work in Janesville-Beloit?

There are approximately 3,610 individuals employed in Business and Financial Operations Occupations within the Janesville-Beloit, WI area.

Does the cost of living affect the Janesville-Beloit salary?

The cost of living in Janesville-Beloit is at the national average (100), meaning the $80,320 salary offers purchasing power equivalent to the national average, despite being a lower nominal figure.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,610 employees in the Janesville-Beloit, WI area with a job density of 52.098 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Janesville-Beloit, WI