Average Business and Financial Operations Occupations Salary in Longview, TX
In Longview, TX, professionals in Business and Financial Operations Occupations earn an average annual salary of $72,590. 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 Texas city. The specific pay rates are often influenced by the concentration of these roles and the overall economic landscape of the region.
Executive Summary
- Average Salary: $72,590 per year.
- Growth Trend: Salaries have shifted 3.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,930.
- Outlook: The Longview, TX market for Business and Financial Operations Occupations is characterized by a local workforce of 4,440 individuals. With a Location Quotient of 0.56, these roles are less concentrated than the national average, indicating a potentially less saturated but also possibly less robust demand compared to national trends. The presence of 37.769 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, level of employment opportunities in this sector within the city.
Salary Overview
The average Business and Financial Operations Occupations in Longview, TX earns-23.3%below the national average.
$34.9
$1,396
$6,049
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Longview, TX is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations have experienced modest 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. Professionals can anticipate a gradual upward trajectory in earning potential, contingent on economic conditions and individual performance.
Business and Financial Operations Occupations Salary Distribution in Longview, TX
Experience significantly impacts earning potential within Business and Financial Operations Occupations. Entry-level positions typically start at the lower end of the salary spectrum, while senior roles, requiring extensive expertise and leadership, command substantially higher compensation. The percentile gaps in salary distribution signify clear career progression pathways, rewarding accumulated knowledge, specialized skills, and demonstrated success in managing financial operations and business strategies.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,960 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,443 | $26.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,420 | $31 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,738 | $43.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,930 | $54.8 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$72,590
Gross Pay
Real Wage (Purchasing Power)
$72,590
Adjusted for COL (100)
The nominal average annual salary of $72,590 in Longview, TX, aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard. Therefore, relocating to Longview for these roles offers a cost-of-living advantage that effectively neutralizes the lower nominal salary when compared to more expensive national markets.
Job Market Context
4,440
Total Jobs
37.769
Per 1K Jobs
0.56
Location Quotient
Longview, TX has 0.56x 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 0.56, Business and Financial Operations Occupations are less prevalent in Longview, TX, than the national average. This suggests that the job market for these roles may be less competitive in terms of the sheer number of available professionals relative to demand. While this could indicate fewer opportunities compared to national hubs, it might also present a unique advantage for skilled individuals seeking to establish themselves in a market with potentially less saturation.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Tyler, TX Business and Financial Operations Occupations Salary | $73,660↑ 1% | 35 mi |
| Shreveport-Bossier City, LA Business and Financial Operations Occupations Salary | $76,010↑ 5% | 56 mi |
| Texarkana, TX-AR Business and Financial Operations Occupations Salary | $69,880↓ 4% | 75 mi |
Comparing salaries near Longview, TX
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Longview, TX?
The median annual salary for a Business and Financial Operations Occupations in Longview, TX is $72,590. This typically ranges from $38,960 for entry-level positions to $113,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Longview, TX is 23.3% lower than the national median of $94,590.
Is Longview, TX a lucrative place for Business and Financial Operations Occupationss?
No, not when compared to the national average salary.While the cost of living is on par with the national average, the average salary of $72,590 is substantially lower than the national average of $94,590 for these roles.
Is Longview, TX a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Longview, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Longview, TX?
Some top paying nearby cities include Tyler, TX ($73,660) and Shreveport-Bossier City, LA.
How does Longview's cost of living compare nationally?
Longview, TX has a Cost of Living Index of 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.
What does the Location Quotient of 0.56 mean for job seekers?
A Location Quotient of 0.56 indicates that Business and Financial Operations Occupations are less concentrated in Longview than the national average. This could mean fewer specialized roles but potentially less competition for available positions.
How many Business and Financial Operations jobs are there in Longview, TX?
There are approximately 37.769 jobs per 1,000 workers in Business and Financial Operations within Longview, TX, reflecting the local employment landscape for these professions.
Is the job market for Business and Financial Operations strong in Longview, TX?
The job market is steady, with a total local workforce of 4,440 in these occupations. However, the lower Location Quotient suggests it is not a major hub for these roles compared to national averages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,440 employees in the Longview, TX area with a job density of 37.769 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 Longview, TX