Average Business and Financial Operations Occupations Salary in Johnstown, PA
In Johnstown, PA, professionals in Business and Financial Operations Occupations earn an average annual salary of $70,750. This figure is notably below the national average of $94,590, reflecting localized economic conditions and industry demand specific to the region. Factors such as the local economic structure and the concentration of specific industries significantly influence compensation levels in Johnstown.
Executive Summary
- Average Salary: $70,750 per year.
- Growth Trend: Salaries have shifted 1.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,910.
- Outlook: The Business and Financial Operations sector in Johnstown, PA, comprises a workforce of 1,990 individuals. With a Location Quotient of 0.61, this indicates a lower concentration of these roles compared to the national average. While the total workforce size suggests a stable presence, the sub-average location quotient implies that this sector is not a dominant driver of the local economy, potentially leading to moderate demand for specialized roles.
Salary Overview
The average Business and Financial Operations Occupations in Johnstown, PA earns-25.2%below the national average.
$34
$1,361
$5,896
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Johnstown is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations have experienced growth over the past four years, mirroring national trends. Economic recovery and evolving business needs typically drive salary increases, even in localized markets. This suggests a positive trajectory for compensation, albeit potentially at a different pace than in major metropolitan areas.
Business and Financial Operations Occupations Salary Distribution in Johnstown, PA
Within the Business and Financial Operations field, salary progression is typically tied to experience and specialization. Entry-level positions often start at the lower end of the pay scale, while senior roles, requiring extensive expertise and leadership, command significantly higher compensation. The percentile gaps in salary distribution signify clear opportunities for career advancement and increased earning potential as professionals gain experience and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,420 | $18.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,063 | $25.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,390 | $30.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $88,438 | $42.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,910 | $51.4 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$70,750
Gross Pay
Real Wage (Purchasing Power)
$70,750
Adjusted for COL (100)
The average annual salary of $70,750 in Johnstown, PA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. 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. Therefore, relocating to Johnstown for these roles offers a stable financial footing without the premium costs associated with higher cost-of-living areas.
Job Market Context
1,990
Total Jobs
40.969
Per 1K Jobs
0.61
Location Quotient
Johnstown, PA has 0.61x 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 0.61 for Business and Financial Operations Occupations in Johnstown, PA, suggests that this sector is less concentrated than the national average. This implies that the job market may be less competitive in terms of the sheer number of available professionals relative to job openings. However, it could also indicate a smaller overall market size, meaning fewer opportunities might exist compared to more specialized or larger economic hubs.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Altoona, PA Business and Financial Operations Occupations Salary | $74,010↑ 5% | 30 mi |
| Pittsburgh, PA Business and Financial Operations Occupations Salary | $83,840↑ 19% | 57 mi |
| State College, PA Business and Financial Operations Occupations Salary | $79,320↑ 12% | 64 mi |
| Chambersburg, PA Business and Financial Operations Occupations Salary | $80,640↑ 14% | 72 mi |
| Morgantown, WV Business and Financial Operations Occupations Salary | $72,240↑ 2% | 72 mi |
Comparing salaries near Johnstown, PA
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Johnstown, PA?
The median annual salary for a Business and Financial Operations Occupations in Johnstown, PA is $70,750. This typically ranges from $38,420 for entry-level positions to $106,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Johnstown, PA is 25.2% lower than the national median of $94,590.
Is Johnstown, PA a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to national standards.The average salary of $70,750 is significantly below the national average of $94,590, although the cost of living is on par with the national average.
Is Johnstown, PA a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Johnstown, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Johnstown, PA?
Some top paying nearby cities include Altoona, PA ($74,010) and Pittsburgh, PA.
How does Johnstown's cost of living compare to the national average?
Johnstown, PA has a Cost of Living Index of 100, which is exactly the national average, meaning the general cost of goods and services is comparable nationwide.
What is the concentration of Business and Financial Operations jobs in Johnstown?
The Location Quotient of 0.61 indicates that Business and Financial Operations Occupations are less concentrated in Johnstown compared to the national average.
How many Business and Financial Operations jobs are there per 1,000 workers in Johnstown?
There are approximately 40.97 jobs per 1,000 workers in Business and Financial Operations Occupations in Johnstown, PA.
Is the job market for Business and Financial Operations strong in Johnstown?
The market is stable with 1,990 workers but less concentrated than the national average, suggesting moderate demand and potentially fewer specialized opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,990 employees in the Johnstown, PA area with a job density of 40.969 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 Johnstown, PA