Average Business and Financial Operations Occupations Salary in Ogden, UT
In Ogden, UT, professionals in Business and Financial Operations Occupations earn an average annual salary of $78,780. This figure is notably below the national average of $94,590, suggesting that local market dynamics and potentially a different industry focus influence compensation in this region. Understanding these local factors is key to assessing career opportunities and earning potential within Ogden.
Executive Summary
- Average Salary: $78,780 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,600.
- Outlook: Ogden's Business and Financial Operations sector is supported by a substantial local workforce of 21,730 individuals. The location quotient of 1.2 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and somewhat specialized demand for these skills within the local economy. This robust presence points to a healthy job market for those in financial and business operations roles.
Salary Overview
The average Business and Financial Operations Occupations in Ogden, UT earns-16.7%below the national average.
$37.9
$1,515
$6,565
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 Ogden 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 most metropolitan areas, including Ogden.
Business and Financial Operations Occupations Salary Distribution in Ogden, UT
Career progression within Business and Financial Operations Occupations in Ogden significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise and demonstrated success in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,890 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,085 | $28.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,550 | $34.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,475 | $47.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,600 | $59.4 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$78,780
Gross Pay
Real Wage (Purchasing Power)
$78,780
Adjusted for COL (100)
The average annual salary of $78,780 in Ogden aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a salary in Ogden is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas. This parity suggests that the nominal salary provides a comparable standard of living to the rest of the country.
Job Market Context
21,730
Total Jobs
80.379
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Ogden, UT has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
With a location quotient of 1.2, Ogden demonstrates a slightly higher concentration of Business and Financial Operations roles than the national average. This indicates that the job market in Ogden is relatively robust and potentially more competitive for these specialized positions compared to other regions. Companies may be actively seeking talent in this sector, making it an opportune time for skilled professionals to explore opportunities.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Ogden, UT
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Ogden, UT?
The median annual salary for a Business and Financial Operations Occupations in Ogden, UT is $78,780. This typically ranges from $40,890 for entry-level positions to $123,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ogden, UT is 16.7% lower than the national median of $94,590.
Is Ogden, UT a lucrative place for Business and Financial Operations Occupationss?
No, but it offers good value.While the average salary of $78,780 is below the national average, Ogden's cost of living is also at the national average. This means your earnings provide comparable purchasing power to other areas, offering good value for your money.
Is Ogden, UT a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Ogden, UT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ogden, UT?
Some top paying nearby cities include Salt Lake City-Murray, UT ($89,250) and Logan, UT-ID.
How does Ogden's salary for Business and Financial Operations compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Ogden, UT is $78,780, which is lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Ogden?
Ogden has a location quotient of 1.2 for Business and Financial Operations Occupations, indicating a slightly higher concentration of these jobs compared to the national average.
How does the cost of living in Ogden affect salary perception?
Ogden's cost of living index is 100, which is the national average. This means the $78,780 salary has the same purchasing power as the national average salary in a national average cost of living area.
What does the job market look like for Business and Financial Operations in Ogden?
The market is supported by a workforce of 21,730 and a location quotient of 1.2, suggesting a stable and somewhat specialized demand for these roles within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 21,730 employees in the Ogden, UT area with a job density of 80.379 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 Ogden, UT