Average Business and Financial Operations Occupations Salary in Kenosha, WI
In Kenosha, WI, professionals in Business and Financial Operations Occupations earn an average annual salary of $81,140. This figure is notably below the national average of $94,590, suggesting that local market dynamics, industry concentration, and potentially regional economic factors influence compensation levels. Understanding these local nuances is crucial for career and financial planning within this sector.
Executive Summary
- Average Salary: $81,140 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,820.
- Outlook: Kenosha, WI supports a local workforce of 3,360 individuals within Business and Financial Operations Occupations. The Location Quotient of 0.68 indicates that this sector is less concentrated in Kenosha compared to the national average, suggesting a potentially less saturated but perhaps less robust job market for these roles. With 45.33 jobs per 1,000 workers, the presence of these roles is consistent, though not exceptionally high, pointing to a stable but not rapidly expanding demand.
Salary Overview
The average Business and Financial Operations Occupations in Kenosha, WI earns-14.2%below the national average.
$39
$1,560
$6,762
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Kenosha's Business and Financial Operations Occupations is not provided, it is generally assumed that salaries within this field have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of business operations, leading to upward pressure on compensation across most U.S. markets.
Business and Financial Operations Occupations Salary Distribution in Kenosha, WI
Salary progression within Business and Financial Operations Occupations is significantly influenced by experience and specialization. Entry-level positions typically command lower salaries, while senior roles, those requiring advanced degrees, or specialized skills in areas like financial analysis, risk management, or accounting, can earn substantially more. The widening gap between entry-level and senior-level salaries reflects the increasing value placed on expertise and proven track records, offering clear career advancement pathways.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,640 | $22.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,855 | $29.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,350 | $35.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,425 | $48.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,820 | $60.5 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$81,140
Gross Pay
Real Wage (Purchasing Power)
$81,140
Adjusted for COL (100)
The average annual salary of $81,140 in Kenosha, WI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced financial landscape for residents. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay in Kenosha may offer comparable lifestyle benefits to higher-paying regions with a significantly higher cost of living.
Job Market Context
3,360
Total Jobs
45.33
Per 1K Jobs
0.68
Location Quotient
Kenosha, WI has 0.68x 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 0.68, Business and Financial Operations Occupations are less concentrated in Kenosha, WI, than the national average. This suggests that the job market for these roles may be less competitive, potentially offering more opportunities for skilled professionals to find employment. However, it also implies that the overall demand or the prevalence of these specialized roles might be lower compared to more industry-heavy metropolitan areas.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Business and Financial Operations Occupations Salary | $82,330↑ 1% | 10 mi |
| Milwaukee-Waukesha, WI Business and Financial Operations Occupations Salary | $87,850↑ 8% | 33 mi |
| Chicago-Naperville-Elgin, IL-IN Business and Financial Operations Occupations Salary | $96,790↑ 19% | 51 mi |
| Janesville-Beloit, WI Business and Financial Operations Occupations Salary | $80,320↓ 1% | 58 mi |
| Rockford, IL Business and Financial Operations Occupations Salary | $75,060↓ 7% | 65 mi |
Comparing salaries near Kenosha, WI
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Kenosha, WI?
The median annual salary for a Business and Financial Operations Occupations in Kenosha, WI is $81,140. This typically ranges from $47,640 for entry-level positions to $125,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kenosha, WI is 14.2% lower than the national median of $94,590.
Is Kenosha, WI a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $81,140 is below the national average, although the cost of living is also at the national average. This indicates a standard earning potential rather than a highly lucrative market.
Is Kenosha, WI a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Kenosha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kenosha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($82,330) and Milwaukee-Waukesha, WI.
How does Kenosha's salary compare to the national average for this field?
The average annual salary in Kenosha, WI for Business and Financial Operations Occupations is $81,140, which is lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Kenosha?
Kenosha has a Location Quotient of 0.68 for these occupations, meaning they are less concentrated than the national average.
How does the cost of living in Kenosha affect the salary?
Kenosha's Cost of Living Index is 100, which is the national average. This means the $81,140 salary has purchasing power equivalent to the national average.
How many Business and Financial Operations jobs are there per 1,000 workers in Kenosha?
There are 45.33 jobs per 1,000 workers in Business and Financial Operations Occupations in Kenosha, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,360 employees in the Kenosha, WI area with a job density of 45.33 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 Kenosha, WI