In Northwestern Wisconsin's nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $76,080. 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. The local economic landscape shapes compensation for these critical functions.
Executive Summary
- Average Salary: $76,080 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,820.
- Outlook: The local workforce for Business and Financial Operations Occupations in Northwestern Wisconsin comprises 1,680 individuals. With a Location Quotient of 0.52, this sector is less concentrated than the national average, suggesting a smaller but potentially stable job market. The presence of 34.609 jobs per 1,000 workers indicates a consistent, albeit not booming, demand for these professionals within the region.
Salary Overview
The average Business and Financial Operations Occupations in Northwestern Wisconsin nonmetropolitan area earns-19.6%below the national average.
$36.6
$1,463
$6,340
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations have seen moderate growth over the past four years, aligning with broader economic trends. This growth is likely driven by inflation, increasing demand for financial expertise, and the need for skilled professionals to navigate complex business environments.
Business and Financial Operations Occupations Salary Distribution in Northwestern Wisconsin nonmetropolitan area
Salary progression within Business and Financial Operations Occupations typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles requiring extensive expertise and leadership command substantially higher compensation. The percentile gaps in salary distributions clearly signify the career trajectory and increased earning potential as professionals advance through their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,460 | $20.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,060 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,580 | $32.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,100 | $45.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $111,820 | $53.8 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$76,080
Gross Pay
Real Wage (Purchasing Power)
$76,080
Adjusted for COL (100)
The average annual salary of $76,080 in Northwestern Wisconsin's nonmetropolitan area aligns perfectly 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 average, making the effective financial standing comparable.
Job Market Context
1,680
Total Jobs
34.609
Per 1K Jobs
0.52
Location Quotient
Northwestern Wisconsin 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 concentrated in Northwestern Wisconsin compared to the national average. This suggests that the job market may be less competitive in terms of the sheer number of available professionals, potentially offering good opportunities for skilled individuals, but also signaling a lower overall demand relative to other regions.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Wausau, WI Business and Financial Operations Occupations Salary | $81,840↑ 8% | 48 mi |
| Oshkosh-Neenah, WI Business and Financial Operations Occupations Salary | $82,540↑ 8% | 55 mi |
| Appleton, WI Business and Financial Operations Occupations Salary | $82,990↑ 9% | 61 mi |
| Fond du Lac, WI Business and Financial Operations Occupations Salary | $82,800↑ 9% | 68 mi |
| Green Bay, WI Business and Financial Operations Occupations Salary | $80,850↑ 6% | 82 mi |
Comparing salaries near Northwestern Wisconsin nonmetropolitan area
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Northwestern Wisconsin nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Northwestern Wisconsin nonmetropolitan area is $76,080. This typically ranges from $43,460 for entry-level positions to $111,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwestern Wisconsin nonmetropolitan area is 19.6% lower than the national median of $94,590.
Is Northwestern Wisconsin nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $76,080 is significantly lower than the national average of $94,590. The lower location quotient also suggests less concentrated demand for these roles.
Is Northwestern Wisconsin nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Northwestern Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwestern Wisconsin nonmetropolitan area?
Some top paying nearby cities include Wausau, WI ($81,840) and Oshkosh-Neenah, WI.
How does the local salary compare to the national average?
The average salary of $76,080 in Northwestern Wisconsin is substantially lower than the national average of $94,590 for Business and Financial Operations Occupations.
What is the Cost of Living in Northwestern Wisconsin?
The Cost of Living Index in Northwestern Wisconsin's nonmetropolitan area is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there than the typical U.S. location.
How concentrated are Business and Financial Operations jobs in this region?
These jobs are less concentrated than the national average, with a Location Quotient of 0.52, indicating fewer such roles relative to the overall workforce compared to the rest of the country.
What does the total local workforce size suggest about job availability?
With 1,680 individuals in this sector, the workforce size is moderate, and 34.609 jobs per 1,000 workers suggests a steady, though not rapid, level of employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,680 employees in the Northwestern Wisconsin nonmetropolitan area area with a job density of 34.609 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 Northwestern Wisconsin nonmetropolitan area