In the Northern Vermont nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $81,920. This figure is notably below the national average of $94,590, reflecting regional economic factors and a potentially less concentrated demand for these specialized roles compared to larger metropolitan hubs.
Executive Summary
- Average Salary: $81,920 per year.
- Growth Trend: Salaries have shifted 14.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,820.
- Outlook: The local workforce for Business and Financial Operations Occupations comprises 5,470 individuals, indicating a substantial presence within the region. With a Location Quotient of 0.91, the concentration of these roles in Northern Vermont is nearly on par with the national average, suggesting a stable, albeit not exceptionally high, demand for these professionals.
Salary Overview
The average Business and Financial Operations Occupations in Northern Vermont nonmetropolitan area earns-13.4%below the national average.
$39.4
$1,575
$6,827
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic recovery and increasing demand for financial expertise. This upward trajectory likely reflects evolving business needs and a growing appreciation for skilled financial operations professionals.
Business and Financial Operations Occupations Salary Distribution in Northern Vermont nonmetropolitan area
Salaries within Business and Financial Operations Occupations naturally scale with experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and leadership, can significantly exceed the average. The percentile gaps between these levels highlight clear career progression pathways and the financial rewards associated with advancing in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,960 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,440 | $29.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,350 | $35.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,400 | $49.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,820 | $59.5 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$81,920
Gross Pay
Real Wage (Purchasing Power)
$81,920
Adjusted for COL (100)
The average annual salary of $81,920 in Northern Vermont aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, making the effective financial standing comparable.
Job Market Context
5,470
Total Jobs
61.187
Per 1K Jobs
0.91
Location Quotient
Northern Vermont nonmetropolitan area 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 suggests that Business and Financial Operations Occupations are present in Northern Vermont at a rate very close to the national average. This indicates a balanced job market where the supply of professionals closely matches the regional demand, implying moderate competition for available positions.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Northern Vermont nonmetropolitan area
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Northern Vermont nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Northern Vermont nonmetropolitan area is $81,920. This typically ranges from $49,960 for entry-level positions to $123,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Vermont nonmetropolitan area is 13.4% lower than the national median of $94,590.
Is Northern Vermont nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, it is not exceptionally lucrative compared to national averages.The average salary of $81,920 is below the national average, though the cost of living is also at the national average, making the effective purchasing power comparable.
Is Northern Vermont nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Northern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($87,170) and Glens Falls, NY.
How does the Northern Vermont salary compare to the national average?
The average annual salary of $81,920 in Northern Vermont is approximately 13.5% lower than the national average of $94,590 for Business and Financial Operations Occupations.
What is the Cost of Living in Northern Vermont?
The Cost of Living Index in Northern Vermont is 100, which is exactly the national average. This means that the general expenses for goods and services are comparable to the rest of the country.
How concentrated are Business and Financial Operations jobs in this region?
The concentration of these jobs, measured by the Location Quotient of 0.91, is slightly below the national average, indicating a presence that is nearly proportional to the national distribution.
How many Business and Financial Operations professionals work in Northern Vermont?
There are approximately 5,470 individuals employed in Business and Financial Operations Occupations within the Northern Vermont nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,470 employees in the Northern Vermont nonmetropolitan area area with a job density of 61.187 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 Vermont nonmetropolitan area