Average Business and Financial Operations Occupations Salary in Nebraska
In Nebraska, professionals in Business and Financial Operations Occupations earn an average annual salary of $76,100. This figure is notably below the national average of $94,590, reflecting regional economic factors and the specific demand within the state's industries. The compensation landscape in Nebraska is shaped by a combination of local market dynamics and the overall cost of doing business.
Executive Summary
- Average Salary: $76,100 per year.
- Growth Trend: Salaries have shifted 8.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,620.
- Outlook: Nebraska's market for Business and Financial Operations roles is substantial, with a total local workforce of 58,840 individuals employed in these fields. The location quotient of 0.86 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not overly saturated job market. With approximately 57.91 jobs per 1,000 workers, there is a consistent presence and demand for these essential business functions within the state.
Salary Overview
The average Business and Financial Operations Occupations in Nebraska earns-19.5%below the national average.
$36.6
$1,463
$6,342
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations in Nebraska have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for specialized financial expertise, and the overall expansion of businesses within the state. As the economy evolves, so too does the compensation for these critical roles.
Business and Financial Operations Occupations Salary Distribution in Nebraska
Salary progression within Business and Financial Operations Occupations in Nebraska typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while senior roles requiring extensive expertise, leadership, and specialized knowledge will see substantially higher compensation. The percentile gaps between entry-level, mid-career, and senior professionals highlight clear career progression pathways and the increasing value placed on experience and skill development in the Nebraska market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,600 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,075 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,910 | $32.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,125 | $45.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,620 | $54.1 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$76,100
Gross Pay
Real Wage (Purchasing Power)
$83,811
Adjusted for COL (90.8)
The nominal average annual salary of $76,100 in Nebraska presents a favorable financial situation when considered against the local Cost of Living Index of 90.8. Since the index is below the national average of 100, residents benefit from lower everyday expenses, meaning their earnings can potentially stretch further than in higher-cost regions. This makes Nebraska an attractive location for individuals seeking to maximize their purchasing power.
Job Market Context
58,840
Total Jobs
57.909
Per 1K Jobs
0.86
Location Quotient
Nebraska has 0.86x 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 0.86, the Business and Financial Operations job market in Nebraska is slightly less concentrated than the national average. This suggests that while these roles are present and necessary, they are not as densely populated as in some other states. This can translate to a competitive environment for specialized roles, but also indicates potential opportunities for skilled professionals to establish themselves and grow within the state's economic landscape.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Grand Island, NE Business and Financial Operations Occupations Salary | $71,700↓ 6% | 15 mi |
| Lincoln, NE Business and Financial Operations Occupations Salary | $74,840↓ 2% | 86 mi |
Comparing salaries near Nebraska
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Nebraska?
The median annual salary for a Business and Financial Operations Occupations in Nebraska is $76,100. This typically ranges from $44,600 for entry-level positions to $112,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nebraska is 19.5% lower than the national median of $94,590.
Is Nebraska a lucrative place for Business and Financial Operations Occupations?
No, not as lucrative as the national average.Nebraska's average salary of $76,100 for these roles is below the national average of $94,590. However, the lower cost of living index of 90.8 can partially offset this difference in purchasing power.
Is Nebraska a good place to live for Business and Financial Operations Occupations?
With a Cost of Living Index of 90.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Nebraska?
Some top paying nearby cities include Grand Island, NE ($71,700) and Lincoln, NE.
How does Nebraska's average salary compare to the national average for Business and Financial Operations?
The average annual salary in Nebraska for Business and Financial Operations Occupations is $76,100, which is lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Nebraska?
Nebraska has a Location Quotient of 0.86 for these occupations, indicating a slightly lower concentration compared to the national average.
How does the cost of living in Nebraska affect salary perception?
With a Cost of Living Index of 90.8, Nebraska is more affordable than the national average, meaning the $76,100 salary can offer a good standard of living.
What is the total workforce size for Business and Financial Operations in Nebraska?
There are 58,840 individuals employed in Business and Financial Operations Occupations within Nebraska.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 58,840 employees in the Nebraska area with a job density of 57.909 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business and Financial Operations Occupations Salaries by State
Top Jobs in Nebraska
- All Occupations Salary in Nebraska
- Office and Administrative Support Occupations Salary in Nebraska
- Transportation and Material Moving Occupations Salary in Nebraska
- Food Preparation and Serving Related Occupations Salary in Nebraska
- Sales and Related Occupations Salary in Nebraska
- Production Occupations Salary in Nebraska
- Management Occupations Salary in Nebraska
- Healthcare Practitioners and Technical Occupations Salary in Nebraska
- Educational Instruction and Library Occupations Salary in Nebraska
- Business and Financial Operations Occupations Salary in Nebraska
- Browse All Jobs in Nebraska →
Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Nebraska