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Average Business and Financial Operations Occupations Salary in Northwestern Pennsylvania nonmetropolitan area

In Northwestern Pennsylvania's nonmetropolitan areas, professionals in Business and Financial Operations Occupations earn an average annual salary of $68,930. This figure is notably below the national average of $94,590, reflecting regional economic factors and a potentially different demand structure for these specialized roles compared to more densely populated or economically dynamic areas.

Executive Summary

  • Average Salary: $68,930 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,450.
  • Outlook: With a local workforce of 5,230 individuals in Business and Financial Operations Occupations, the sector demonstrates a stable presence. The Location Quotient of 0.52 suggests that this field is less concentrated here than the national average, indicating a moderate demand that may not be saturated, offering potential opportunities for skilled professionals.
2024 Market Data

Salary Overview

$68,930

The average Business and Financial Operations Occupations in Northwestern Pennsylvania nonmetropolitan area earns-27.1%below the national average.

BreakdownBased on 40h/week
Hourly

$33.1

Weekly

$1,326

Monthly

$5,744

Business and Financial Operations Occupations Salary Distribution in Northwestern Pennsylvania nonmetropolitan area

Salary progression within Business and Financial Operations Occupations typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect to earn considerably more. The percentile gaps between junior and senior roles highlight the substantial career advancement and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,830$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$51,698$24.9
ManagerOversees team, compliance, and project delivery.50% (Median)$61,320$29.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$86,163$41.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$102,450$49.3

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$68,930

Gross Pay

Real Wage (Purchasing Power)

$68,930

Adjusted for COL (100)

The average annual salary of $68,930 in Northwestern Pennsylvania's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that while the nominal salary is lower than the national average, the cost of living does not further diminish its real value.

Job Market Context

5,230

Total Jobs

34.685

Per 1K Jobs

0.52

Location Quotient

Below Average

Northwestern Pennsylvania nonmetropolitan area has 0.52x 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 0.52 indicates that Business and Financial Operations Occupations are less prevalent in Northwestern Pennsylvania's nonmetropolitan areas compared to the national average. This suggests a less competitive market with fewer professionals relative to the national distribution, potentially creating a niche for those with in-demand skills.

Nearby Job Markets

Nearby Cities for Business and Financial Operations Occupations

Comparing salaries near Northwestern Pennsylvania nonmetropolitan area

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Northwestern Pennsylvania nonmetropolitan area?

The median annual salary for a Business and Financial Operations Occupations in Northwestern Pennsylvania nonmetropolitan area is $68,930. This typically ranges from $37,830 for entry-level positions to $102,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Pennsylvania nonmetropolitan area is 27.1% lower than the national median of $94,590.

Is Northwestern Pennsylvania nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?

No, not compared to the national average.The average salary of $68,930 is significantly lower than the national average of $94,590. However, the cost of living is also at the national average, meaning the lower salary's purchasing power is not further reduced locally.

Is Northwestern Pennsylvania nonmetropolitan area a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in Northwestern Pennsylvania nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwestern Pennsylvania nonmetropolitan area?

Some top paying nearby cities include Williamsport, PA ($73,310) and State College, PA.

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

The average annual salary for Business and Financial Operations Occupations in Northwestern Pennsylvania's nonmetropolitan areas is $68,930.

How does the local salary compare to the national average?

The local average salary of $68,930 is considerably lower than the national average of $94,590 for these occupations.

What is the concentration of these jobs in the region?

The Location Quotient is 0.52, meaning these jobs are less concentrated in Northwestern Pennsylvania nonmetropolitan areas compared to the national average.

How does the cost of living affect the salary?

The Cost of Living Index is 100, which is the national average. This means the $68,930 salary has the same purchasing power locally as the national average salary does nationally.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,230 employees in the Northwestern Pennsylvania nonmetropolitan area area with a job density of 34.685 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.