Average Business and Financial Operations Occupations Salary in Medford, OR
In Medford, OR, professionals in Business and Financial Operations Occupations can expect an average annual salary of $77,140. This figure is notably below the national average of $94,590, indicating a localized pay scale influenced by regional economic factors and industry demand within the Medford area.
Executive Summary
- Average Salary: $77,140 per year.
- Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $116,000.
- Outlook: With a local workforce of 4,270 individuals in Business and Financial Operations Occupations, Medford presents a moderate concentration of these roles, as reflected by a Location Quotient of 0.72. While not exceeding the national average in terms of concentration, this workforce size suggests a stable, albeit not rapidly expanding, job market for these professionals within the region.
Salary Overview
The average Business and Financial Operations Occupations in Medford, OR earns-18.4%below the national average.
$37.1
$1,483
$6,428
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Medford's Business and Financial Operations Occupations is not provided, it is generally assumed that salaries within this sector have experienced consistent, 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.
Business and Financial Operations Occupations Salary Distribution in Medford, OR
Salary progression for Business and Financial Operations Occupations in Medford, OR, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,200 | $22.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,855 | $27.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,950 | $33.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,425 | $46.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $116,000 | $55.8 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$77,140
Gross Pay
Real Wage (Purchasing Power)
$77,140
Adjusted for COL (100)
The average annual salary of $77,140 in Medford, OR, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in Medford is equivalent to the national average, suggesting that while the nominal salary is lower than the national average, it is balanced by the local cost of living, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
4,270
Total Jobs
48.217
Per 1K Jobs
0.72
Location Quotient
Medford, OR has 0.72x 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 0.72 for Business and Financial Operations Occupations in Medford, OR, indicates that these roles are less concentrated than the national average. This suggests that the job market may be less saturated, potentially offering a competitive edge for skilled professionals, but also implying that the overall demand might be more localized and less robust compared to national hubs.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Grants Pass, OR Business and Financial Operations Occupations Salary | $79,540↑ 3% | 25 mi |
Comparing salaries near Medford, OR
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Medford, OR?
The median annual salary for a Business and Financial Operations Occupations in Medford, OR is $77,140. This typically ranges from $46,200 for entry-level positions to $116,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Medford, OR is 18.4% lower than the national median of $94,590.
Is Medford, OR a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $77,140 is significantly lower than the national average of $94,590, although the cost of living is on par with the national average.
Is Medford, OR a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Medford, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Medford, OR?
Some top paying nearby cities include Grants Pass, OR ($79,540) and others.
What is the average salary for Business and Financial Operations Occupations in Medford, OR?
The average annual salary for Business and Financial Operations Occupations in Medford, OR is $77,140.
How does Medford's salary compare to the national average?
The average salary in Medford ($77,140) is below the national average ($94,590) for Business and Financial Operations Occupations.
What is the concentration of Business and Financial Operations Occupations in Medford, OR?
The concentration, measured by the Location Quotient, is 0.72, which is below the national average of 1.0.
How does the cost of living in Medford affect the salary?
Medford's Cost of Living Index is 100, which is the national average. This means the $77,140 salary has the same purchasing power as the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,270 employees in the Medford, OR area with a job density of 48.217 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 Medford, OR