In the vibrant Las Vegas-Henderson-North Las Vegas, NV metropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $82,770. This figure is notably below the national average of $94,590, suggesting that local market dynamics and industry specific demand play a significant role in compensation levels within this region. Understanding these regional pay scales is crucial for career planning and financial management.
Executive Summary
- Average Salary: $82,770 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,010.
- Outlook: The Business and Financial Operations Occupations sector in Las Vegas-Henderson-North Las Vegas, NV, comprises a substantial workforce of 50,220 individuals. With a Location Quotient of 0.67, the concentration of these roles is below the national average, indicating a less saturated market compared to other regions. This suggests a steady demand for skilled professionals, though perhaps not as robust as in areas with higher concentration.
Salary Overview
The average Business and Financial Operations Occupations in Las Vegas-Henderson-North Las Vegas, NV earns-12.5%below the national average.
$39.8
$1,592
$6,898
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this exact occupation group in Las Vegas-Henderson-North Las Vegas, NV, is not provided, it is generally assumed that salaries within Business and Financial Operations Occupations have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial expertise, and the evolving complexity of business operations.
Business and Financial Operations Occupations Salary Distribution in Las Vegas-Henderson-North Las Vegas, NV
Salary progression within Business and Financial Operations Occupations is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with advanced skills and a proven track record can expect significantly higher compensation. The percentile gaps between different experience levels highlight clear career progression pathways and the increasing value placed on expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,270 | $19.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,078 | $29.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,830 | $35.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,463 | $49.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,010 | $62.5 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$82,770
Gross Pay
Real Wage (Purchasing Power)
$82,770
Adjusted for COL (100)
The average annual salary of $82,770 in Las Vegas-Henderson-North Las Vegas, NV, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a salary in this region is equivalent to the national standard, making the nominal salary effectively reflect the cost of living without a significant premium or deficit.
Job Market Context
50,220
Total Jobs
44.87
Per 1K Jobs
0.67
Location Quotient
Las Vegas-Henderson-North Las Vegas, NV has 0.67x 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 0.67 for Business and Financial Operations Occupations in Las Vegas-Henderson-North Las Vegas, NV, indicates that these roles are less concentrated than the national average. This suggests that while the market is not oversaturated, there may be fewer specialized opportunities compared to national hubs, and competition could be moderate for highly specialized roles.
Nearby Job Markets
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Las Vegas-Henderson-North Las Vegas, NV?
The median annual salary for a Business and Financial Operations Occupations in Las Vegas-Henderson-North Las Vegas, NV is $82,770. This typically ranges from $41,270 for entry-level positions to $130,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Las Vegas-Henderson-North Las Vegas, NV is 12.5% lower than the national median of $94,590.
Is Las Vegas-Henderson-North Las Vegas, NV a lucrative place for Business and Financial Operations Occupations?
No, not more lucrative than the national average.The average salary of $82,770 is below the national average of $94,590, although the cost of living is also at the national average. This indicates that while your earnings will match the local cost of living, they do not offer a higher earning potential compared to the rest of the country.
Is Las Vegas-Henderson-North Las Vegas, NV a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Las Vegas-Henderson-North Las Vegas, NV is 100. While higher than average, this often correlates with higher wages.
How does the Las Vegas-Henderson-North Las Vegas, NV salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Las Vegas-Henderson-North Las Vegas, NV, is $82,770, which is below the national average of $94,590.
What is the Cost of Living in Las Vegas-Henderson-North Las Vegas, NV?
The Cost of Living Index in Las Vegas-Henderson-North Las Vegas, NV, is 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.
How concentrated are Business and Financial Operations Occupations in this area?
The Location Quotient is 0.67, indicating that these occupations are less concentrated in Las Vegas-Henderson-North Las Vegas, NV, compared to the national average.
How many Business and Financial Operations Occupations jobs are there per 1,000 workers in Las Vegas-Henderson-North Las Vegas, NV?
There are approximately 44.87 jobs per 1,000 workers in Business and Financial Operations Occupations within the Las Vegas-Henderson-North Las Vegas, NV metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50,220 employees in the Las Vegas-Henderson-North Las Vegas, NV area with a job density of 44.87 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 Las Vegas-Henderson-North Las Vegas, NV