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Average Business and Financial Operations Occupations Salary in Kansas

In Kansas, professionals in Business and Financial Operations Occupations earn an average annual salary of $82,180. 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 the state. The specific economic landscape and the concentration of these roles influence the prevailing wage rates.

Executive Summary

  • Average Salary: $82,180 per year.
  • Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,490.
  • Outlook: Kansas boasts a substantial workforce of 92,550 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.96, the concentration of these roles in Kansas is nearly on par with the national average, indicating a stable and present demand for these professionals. This robust workforce size, coupled with a near-average concentration, suggests a healthy and consistent job market for this sector within the state.
2024 Market Data

Salary Overview

$82,180

The average Business and Financial Operations Occupations in Kansas earns-13.1%below the national average.

BreakdownBased on 40h/week
Hourly

$39.5

Weekly

$1,580

Monthly

$6,848

Business and Financial Operations Occupations Salary Distribution in Kansas

Salary progression within Business and Financial Operations Occupations in Kansas, as elsewhere, is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior roles, those requiring advanced degrees, or specialized certifications, can significantly increase earning potential. The widening gap between entry-level and senior-level salaries reflects the career advancement opportunities and the increasing value placed on seasoned professionals in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,600$21
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$61,635$29.6
ManagerOversees team, compliance, and project delivery.50% (Median)$74,920$36
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$102,725$49.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,490$60.8

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$82,180

Gross Pay

Real Wage (Purchasing Power)

$93,706

Adjusted for COL (87.7)

The average annual salary of $82,180 in Kansas presents a favorable financial outlook when considered against the state's Cost of Living Index of 87.7. With a cost of living that is 12.3% lower than the national average, the nominal salary offers a higher effective purchasing power for residents. This means that the $82,180 earned can potentially cover more expenses and provide a better standard of living compared to earning the same amount in a higher cost-of-living area.

Job Market Context

92,550

Total Jobs

64.665

Per 1K Jobs

0.96

Location Quotient

Below Average

Kansas has 0.96x 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.

Kansas's Location Quotient of 0.96 for Business and Financial Operations Occupations indicates that the concentration of these jobs is very close to the national average. This suggests a competitive yet accessible job market; while not oversaturated, the demand is consistent with national patterns. Professionals entering this field can expect a market that is neither exceptionally scarce nor overly abundant, offering a balanced environment for career development.

Nearby Job Markets

Nearby Cities for Business and Financial Operations Occupations

CitySalaryDist.
Manhattan, KS Business and Financial Operations Occupations Salary$76,720↓ 7%46 mi
Topeka, KS Business and Financial Operations Occupations Salary$78,190↓ 5%66 mi
Wichita, KS Business and Financial Operations Occupations Salary$79,300↓ 4%67 mi
Lawrence, KS Business and Financial Operations Occupations Salary$77,100↓ 6%84 mi

Comparing salaries near Kansas

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Kansas?

The median annual salary for a Business and Financial Operations Occupations in Kansas is $82,180. This typically ranges from $43,600 for entry-level positions to $126,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kansas is 13.1% lower than the national median of $94,590.

Is Kansas a lucrative place for Business and Financial Operations Occupationss?

Yes, with a caveat.While the average salary of $82,180 is below the national average, Kansas's lower cost of living (87.7 index) significantly enhances the purchasing power of this income. The job market is also stable, with a near-average concentration of these roles.

Is Kansas a good place to live for Business and Financial Operations Occupations?

With a Cost of Living Index of 87.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Kansas?

Some top paying nearby cities include Manhattan, KS ($76,720) and Topeka, KS.

How does Kansas's average salary compare to the national average for this field?

The average annual salary for Business and Financial Operations Occupations in Kansas is $82,180, which is lower than the national average of $94,590.

What is the job market like for Business and Financial Operations Occupations in Kansas?

Kansas has a substantial workforce in this sector, with a concentration (Location Quotient) very close to the national average, indicating a stable and consistent demand for these professionals.

Does the cost of living in Kansas affect the value of the average salary?

Yes, the cost of living in Kansas is significantly lower than the national average (87.7 index), meaning the $82,180 salary offers greater purchasing power than it would in a higher cost-of-living state.

Are there many Business and Financial Operations jobs per capita in Kansas?

There are 64.665 jobs per 1,000 workers in Business and Financial Operations Occupations in Kansas, reflecting a solid presence within the state's labor force.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 92,550 employees in the Kansas area with a job density of 64.665 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 Kansas