In Northern New Hampshire's nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $81,300. This figure is notably below the national average of $94,590, reflecting the unique economic landscape and potentially lower demand for these specialized roles outside of major urban centers. The localized pay scale is a direct consequence of regional economic factors and industry concentration within the area.
Executive Summary
- Average Salary: $81,300 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,720.
- Outlook: The job market for Business and Financial Operations Occupations in Northern New Hampshire is characterized by a workforce of 3,480 individuals. With a Location Quotient of 0.61, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. The number of jobs per 1,000 workers stands at 41.271, indicating a moderate presence within the local employment ecosystem.
Salary Overview
The average Business and Financial Operations Occupations in Northern New Hampshire nonmetropolitan area earns-14.1%below the national average.
$39.1
$1,563
$6,775
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 have experienced steady growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is likely driven by increasing demand for financial expertise and operational efficiency across various sectors, even in nonmetropolitan regions.
Business and Financial Operations Occupations Salary Distribution in Northern New Hampshire nonmetropolitan area
Salary progression within Business and Financial Operations Occupations typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command salaries well above the average. The widening percentile gaps between junior and senior roles signify clear career progression pathways and increased earning potential for those who advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,310 | $21.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,975 | $29.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,390 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,625 | $48.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $121,720 | $58.5 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$81,300
Gross Pay
Real Wage (Purchasing Power)
$81,300
Adjusted for COL (100)
The average annual salary of $81,300 in Northern New Hampshire's nonmetropolitan area aligns perfectly with the national Cost of Living Index of 100. This means that, on average, the purchasing power of the salary is equivalent to the national average, despite being lower in nominal terms. While the salary is less than the national average, the cost of living parity suggests that the take-home value of this income is comparable to what one might experience in a higher-cost national average area.
Job Market Context
3,480
Total Jobs
41.271
Per 1K Jobs
0.61
Location Quotient
Northern New Hampshire nonmetropolitan area has 0.61x 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.
The Location Quotient of 0.61 for Business and Financial Operations Occupations in Northern New Hampshire indicates that these roles are less concentrated than the national average. This suggests that the job market may be less competitive in terms of finding specialized talent, but it also implies that the overall demand for these positions might be lower compared to more populous or industrially diverse regions. Employers may find it easier to attract talent, but the sheer volume of opportunities could be limited.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Northern New Hampshire nonmetropolitan area
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Northern New Hampshire nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Northern New Hampshire nonmetropolitan area is $81,300. This typically ranges from $45,310 for entry-level positions to $121,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern New Hampshire nonmetropolitan area is 14.1% lower than the national median of $94,590.
Is Northern New Hampshire nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $81,300 is below the national average, and the concentration of these jobs is also lower. However, the cost of living is at the national average, making the salary's purchasing power comparable.
Is Northern New Hampshire nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Northern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($89,660) and Portland-South Portland, ME.
How does the Northern New Hampshire salary compare to the national average?
The average annual salary of $81,300 in Northern New Hampshire is approximately 14% lower than the national average of $94,590 for Business and Financial Operations Occupations.
What is the significance of the Location Quotient (LQ) being 0.61?
An LQ of 0.61 means that Business and Financial Operations Occupations are 39% less concentrated in Northern New Hampshire compared to the national average. This suggests fewer specialized jobs relative to the overall workforce.
Does the Cost of Living Index of 100 impact the salary's value?
Yes, a Cost of Living Index of 100 signifies that the local cost of living is exactly at the national average. Therefore, the $81,300 salary has the same purchasing power as the national average salary, despite being a lower nominal amount.
How many Business and Financial Operations jobs are there in Northern New Hampshire?
There are approximately 3,480 individuals employed in Business and Financial Operations Occupations in the Northern New Hampshire nonmetropolitan area, representing 41.271 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,480 employees in the Northern New Hampshire nonmetropolitan area area with a job density of 41.271 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 Northern New Hampshire nonmetropolitan area