In the bustling Los Angeles-Long Beach-Anaheim metropolitan area, professionals in Business and Financial Operations Occupations command an impressive average annual salary of $102,650. This figure significantly outpaces the national average of $94,590, reflecting the region's dynamic economic landscape and the high demand for specialized financial expertise. The concentration of major industries and corporate headquarters in Southern California directly influences this elevated compensation.
Executive Summary
- Average Salary: $102,650 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,730.
- Outlook: The job market for Business and Financial Operations roles in Los Angeles-Long Beach-Anaheim appears robust, with a substantial local workforce of 424,770 individuals. The Location Quotient of 1.02 indicates a slightly higher concentration of these occupations compared to the national average, suggesting a stable and potentially growing demand for these skilled professionals within the region.
Salary Overview
The average Business and Financial Operations Occupations in Los Angeles-Long Beach-Anaheim, CA earns+8.5%above the national average.
$49.4
$1,974
$8,554
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Business and Financial Operations roles in a major metropolitan area like Los Angeles have experienced steady growth over the past four years. Economic expansion, inflation, and increasing demand for financial acumen typically drive upward salary trends in such dynamic markets.
Business and Financial Operations Occupations Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Career progression within Business and Financial Operations is typically marked by significant salary increases. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries well into the upper percentiles. The gap between entry-level and senior roles highlights the substantial earning potential and career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,040 | $24.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,988 | $37 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $89,470 | $43 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $128,313 | $61.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,730 | $79.2 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$102,650
Gross Pay
Real Wage (Purchasing Power)
$102,650
Adjusted for COL (100)
The average annual salary of $102,650 in Los Angeles-Long Beach-Anaheim aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national standard, offering a balanced financial outlook for residents.
Job Market Context
424,770
Total Jobs
68.511
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Los Angeles-Long Beach-Anaheim, CA has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
With a Location Quotient of 1.02, the Los Angeles-Long Beach-Anaheim area demonstrates a concentration of Business and Financial Operations jobs that is just slightly above the national average. This suggests a competitive yet accessible job market, where opportunities are readily available for qualified candidates without being overly saturated.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Business and Financial Operations Occupations Salary | $87,660↓ 15% | 49 mi |
| Oxnard-Thousand Oaks-Ventura, CA Business and Financial Operations Occupations Salary | $95,700↓ 7% | 55 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Business and Financial Operations Occupations in Los Angeles-Long Beach-Anaheim, CA is $102,650. This typically ranges from $50,040 for entry-level positions to $164,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 8.5% higher than the national median of $94,590.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Business and Financial Operations Occupationss?
Yes, it is a lucrative location for these professionals.The average salary of $102,650 significantly exceeds the national average, and the cost of living is on par with the national index, offering strong earning potential.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($87,660) and Oxnard-Thousand Oaks-Ventura, CA.
What is the average salary for Business and Financial Operations roles in Los Angeles?
The average annual salary for Business and Financial Operations Occupations in the Los Angeles-Long Beach-Anaheim area is $102,650.
How does the Los Angeles salary compare to the national average?
The average salary in Los Angeles ($102,650) is higher than the national average ($94,590) for these roles.
What is the cost of living in Los Angeles compared to the national average?
The cost of living in Los Angeles-Long Beach-Anaheim is exactly at the national average, with an index of 100.
Is there a high concentration of these jobs in Los Angeles?
Yes, the Location Quotient of 1.02 indicates a slightly higher concentration of Business and Financial Operations jobs in Los Angeles compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 424,770 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 68.511 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 Los Angeles-Long Beach-Anaheim, CA