Average Business and Financial Operations Occupations Salary in Omaha, NE-IA
In Omaha, NE-IA, professionals in Business and Financial Operations Occupations earn an average annual salary of $78,700. This figure is notably below the national average of $94,590, suggesting that local market dynamics and potentially a lower cost of living influence compensation levels. The specific economic landscape of the Omaha metropolitan area plays a significant role in shaping these salary benchmarks.
Executive Summary
- Average Salary: $78,700 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,450.
- Outlook: The Business and Financial Operations sector in Omaha, NE-IA, supports a substantial local workforce of 30,920 individuals. With a Location Quotient of 0.94, the concentration of these roles is nearly on par with the national average, indicating a stable and established presence within the regional economy. This robust workforce size suggests consistent demand for these critical business functions.
Salary Overview
The average Business and Financial Operations Occupations in Omaha, NE-IA earns-16.8%below the national average.
$37.8
$1,513
$6,558
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Omaha's Business and Financial Operations Occupations is not provided, it is reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic expansion and evolving industry demands typically drive upward adjustments in compensation for skilled professionals in this field, reflecting increased value and specialization.
Business and Financial Operations Occupations Salary Distribution in Omaha, NE-IA
Within the Business and Financial Operations field, salary progression is strongly tied to experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive expertise and leadership responsibilities can expect significantly higher earnings. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential as one moves from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,430 | $21.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,025 | $28.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,380 | $33.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,375 | $47.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,450 | $56.9 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$78,700
Gross Pay
Real Wage (Purchasing Power)
$78,700
Adjusted for COL (100)
The average annual salary of $78,700 in Omaha, NE-IA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by professionals in this sector has purchasing power equivalent to the national average. While the salary is lower than the national average, the cost of living parity suggests that the take-home pay offers comparable lifestyle affordability.
Job Market Context
30,920
Total Jobs
62.961
Per 1K Jobs
0.94
Location Quotient
Omaha, NE-IA has 0.94x 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.
With a Location Quotient of 0.94, the Business and Financial Operations job market in Omaha, NE-IA, is closely aligned with the national average in terms of concentration. This indicates a healthy and competitive market where opportunities are neither excessively scarce nor overwhelmingly abundant. Professionals can expect a balanced job landscape, with demand reflecting the overall economic activity of the region.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Lincoln, NE Business and Financial Operations Occupations Salary | $74,840↓ 5% | 45 mi |
| Sioux City, IA-NE-SD Business and Financial Operations Occupations Salary | $77,650↓ 1% | 87 mi |
Comparing salaries near Omaha, NE-IA
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Omaha, NE-IA?
The median annual salary for a Business and Financial Operations Occupations in Omaha, NE-IA is $78,700. This typically ranges from $45,430 for entry-level positions to $118,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Omaha, NE-IA is 16.8% lower than the national median of $94,590.
Is Omaha, NE-IA a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $78,700 is below the national average of $94,590, although the cost of living is also at the national average, making the purchasing power comparable.
Is Omaha, NE-IA a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Omaha, NE-IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Omaha, NE-IA?
Some top paying nearby cities include Lincoln, NE ($74,840) and Sioux City, IA-NE-SD.
What is the average salary for Business and Financial Operations Occupations in Omaha, NE-IA?
The average annual salary for Business and Financial Operations Occupations in Omaha, NE-IA is $78,700.
How does Omaha's salary for this role compare to the national average?
The average salary in Omaha ($78,700) is lower than the national average ($94,590).
What is the cost of living in Omaha, NE-IA compared to the national average?
Omaha, NE-IA has a Cost of Living Index of 100, which is exactly the national average.
How concentrated are Business and Financial Operations jobs in Omaha?
The concentration of these jobs in Omaha, as indicated by the Location Quotient of 0.94, is very close to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30,920 employees in the Omaha, NE-IA area with a job density of 62.961 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 Omaha, NE-IA