SalaryNode

Average Business and Financial Operations Occupations Salary in Nevada

In Nevada, professionals in Business and Financial Operations Occupations earn an average annual salary of $82,620. This figure is notably below the national average of $94,590, suggesting that regional economic factors and industry demand play a significant role in compensation within the Silver State. Understanding these local dynamics is crucial for career planning and salary negotiation.

Executive Summary

  • Average Salary: $82,620 per year.
  • Growth Trend: Salaries have shifted 22.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $129,990.
  • Outlook: Nevada's Business and Financial Operations sector employs a substantial workforce of 71,320 individuals. With a Location Quotient of 0.69, the concentration of these roles is below the national average, indicating a less saturated but potentially growing market. The presence of 46.63 jobs per 1,000 workers suggests a steady demand for these essential functions within the state's economy.
2024 Market Data

Salary Overview

$82,620

The average Business and Financial Operations Occupations in Nevada earns-12.7%below the national average.

BreakdownBased on 40h/week
Hourly

$39.7

Weekly

$1,589

Monthly

$6,885

Business and Financial Operations Occupations Salary Distribution in Nevada

Salary progression within Business and Financial Operations Occupations in Nevada is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior roles requiring extensive expertise and leadership can significantly exceed the average. The widening percentile gaps from the 25th to the 75th percentile illustrate the substantial earning potential available for seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,480$19.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$61,965$29.8
ManagerOversees team, compliance, and project delivery.50% (Median)$74,120$35.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$103,275$49.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$129,990$62.5

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$82,620

Gross Pay

Real Wage (Purchasing Power)

$81,560

Adjusted for COL (101.3)

The average annual salary of $82,620 in Nevada aligns closely with the state's Cost of Living Index of 101.3, which is just slightly above the national average of 100. This means that while salaries are below the national average, the cost of essential goods and services is also relatively comparable, suggesting that the purchasing power of Nevada-based professionals in these roles is reasonably maintained.

Job Market Context

71,320

Total Jobs

46.63

Per 1K Jobs

0.69

Location Quotient

Below Average

Nevada has 0.69x 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 0.69, Nevada's market for Business and Financial Operations Occupations is less concentrated than the national average. This indicates that while these roles are present and necessary, they are not as abundant as in other states. This could translate to a more competitive job market for candidates, but also potentially greater opportunities for those with specialized skills to stand out.

Nearby Job Markets

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Nevada?

The median annual salary for a Business and Financial Operations Occupations in Nevada is $82,620. This typically ranges from $41,480 for entry-level positions to $129,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nevada is 12.7% lower than the national median of $94,590.

Is Nevada a lucrative place for Business and Financial Operations Occupationss?

No, not when compared to the national average.Nevada's average salary of $82,620 for these roles falls below the national average of $94,590. However, the cost of living is only slightly above the national average, mitigating some of the salary disparity.

Is Nevada a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in Nevada is 101.3. While higher than average, this often correlates with higher wages.

What is the average salary for Business and Financial Operations Occupations in Nevada?

The average annual salary for Business and Financial Operations Occupations in Nevada is $82,620.

How does Nevada's cost of living compare to the national average?

Nevada's Cost of Living Index is 101.3, which is slightly higher than the national average of 100.

How concentrated are Business and Financial Operations jobs in Nevada compared to the nation?

Nevada has a lower concentration of these jobs, with a Location Quotient of 0.69, meaning they are less prevalent than the national average.

What is the total number of workers in Business and Financial Operations in Nevada?

There are 71,320 individuals employed in Business and Financial Operations Occupations in Nevada.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 71,320 employees in the Nevada area with a job density of 46.63 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Nevada