Average Business and Financial Operations Occupations Salary in New Hampshire
In New Hampshire, professionals in Business and Financial Operations Occupations earn an average annual salary of $87,180. This figure is slightly below the national average of $94,590, reflecting a nuanced economic landscape within the state. Factors such as regional industry demand and the specific economic drivers of New Hampshire contribute to this localized pay scale.
Executive Summary
- Average Salary: $87,180 per year.
- Growth Trend: Salaries have shifted 12.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,390.
- Outlook: New Hampshire supports a substantial workforce of 41,760 individuals in Business and Financial Operations Occupations. With a Location Quotient of 0.91, the concentration of these roles is nearly on par with the national average, indicating a stable and established presence of these critical functions within the state's economy. This robust workforce size suggests consistent demand for these professionals.
Salary Overview
The average Business and Financial Operations Occupations in New Hampshire earns-7.8%below the national average.
$41.9
$1,677
$7,265
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 Occupations in New Hampshire have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for specialized financial expertise typically drive upward salary adjustments in this sector.
Business and Financial Operations Occupations Salary Distribution in New Hampshire
Career progression within Business and Financial Operations Occupations in New Hampshire typically sees significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and management positions command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies a clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,130 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,385 | $31.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,280 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,975 | $52.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $132,390 | $63.6 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$87,180
Gross Pay
Real Wage (Purchasing Power)
$75,415
Adjusted for COL (115.6)
While the average annual salary in New Hampshire for these roles is $87,180, the state's Cost of Living Index stands at 115.6, which is 15.6% higher than the national average. This means that the purchasing power of the $87,180 salary is somewhat diminished when compared to areas with a lower cost of living, suggesting that individuals may need to earn more to maintain a comparable standard of living.
Job Market Context
41,760
Total Jobs
61.13
Per 1K Jobs
0.91
Location Quotient
New Hampshire has 0.91x 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 0.91 for Business and Financial Operations Occupations in New Hampshire indicates that these roles are slightly less concentrated than the national average. This suggests a competitive job market where demand is present but not overwhelmingly abundant, offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near New Hampshire
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in New Hampshire?
The median annual salary for a Business and Financial Operations Occupations in New Hampshire is $87,180. This typically ranges from $48,130 for entry-level positions to $132,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Hampshire is 7.8% lower than the national median of $94,590.
Is New Hampshire a lucrative place for Business and Financial Operations Occupationss?
Moderately lucrative, with caveats.The average salary of $87,180 is below the national average, but the stable job market and concentration close to the national average suggest consistent opportunities. However, the higher cost of living requires careful financial planning.
Is New Hampshire a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Hampshire?
Some top paying nearby cities include Manchester-Nashua, NH ($89,660) and Portland-South Portland, ME.
What is the average salary for Business and Financial Operations Occupations in New Hampshire?
The average annual salary for Business and Financial Operations Occupations in New Hampshire is $87,180.
How does New Hampshire's salary for these roles compare to the national average?
The average salary in New Hampshire ($87,180) is slightly lower than the national average ($94,590).
What is the cost of living in New Hampshire compared to the national average?
New Hampshire has a Cost of Living Index of 115.6, meaning it is 15.6% more expensive to live there than the national average.
How concentrated are Business and Financial Operations Occupations jobs in New Hampshire?
The concentration, measured by the Location Quotient, is 0.91, which is slightly below the national average of 1.0, indicating a stable but not overly saturated market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 41,760 employees in the New Hampshire area with a job density of 61.13 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 New Hampshire