Average Business and Financial Operations Occupations Salary in Oregon
In Oregon, professionals in Business and Financial Operations Occupations earn an average annual salary of $90,920. This figure is slightly below the national average of $94,590, suggesting a nuanced compensation landscape within the state. Factors such as regional economic drivers, industry concentration, and the overall cost of doing business in Oregon likely contribute to this differential.
Executive Summary
- Average Salary: $90,920 per year.
- Growth Trend: Salaries have shifted 18.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,440.
- Outlook: Oregon's Business and Financial Operations sector is robust, employing a substantial 134,370 individuals. With a Location Quotient of 1.02, the state exhibits a concentration of these roles very close to the national average, indicating a stable and significant presence in the job market. The rate of 68.357 jobs per 1,000 workers further underscores the consistent demand for these essential functions within Oregon's economy.
Salary Overview
The average Business and Financial Operations Occupations in Oregon earns-3.9%below the national average.
$43.7
$1,748
$7,577
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 Oregon have experienced steady growth over the past four years, mirroring national trends. Economic expansion, evolving industry needs, and inflation typically drive upward adjustments in compensation for these vital roles, ensuring that professionals remain competitive within the state's evolving job market.
Business and Financial Operations Occupations Salary Distribution in Oregon
Salary progression within Business and Financial Operations Occupations in Oregon is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with advanced skills and proven track records can expect significantly higher earnings. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies substantial career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,180 | $24.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,190 | $32.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,320 | $39.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $113,650 | $54.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $136,440 | $65.6 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$90,920
Gross Pay
Real Wage (Purchasing Power)
$78,992
Adjusted for COL (115.1)
While the average annual salary of $90,920 in Oregon is notable, it's crucial to consider the local cost of living. With an index of 115.1, Oregon is approximately 15.1% more expensive than the national average. This means that the purchasing power of the $90,920 salary is somewhat diminished, requiring careful budgeting for residents, especially in metropolitan areas.
Job Market Context
134,370
Total Jobs
68.357
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Oregon has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
Oregon's Location Quotient of 1.02 for Business and Financial Operations Occupations indicates a job market that is closely aligned with the national average in terms of concentration. This suggests a balanced and competitive environment where demand for these professionals is steady, without an overwhelming surplus or scarcity of talent. Companies can expect a reliable pool of qualified candidates, while job seekers will find opportunities consistent with national patterns.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Albany, OR Business and Financial Operations Occupations Salary | $77,170↓ 15% | 51 mi |
| Bend, OR Business and Financial Operations Occupations Salary | $84,120↓ 7% | 52 mi |
| Salem, OR Business and Financial Operations Occupations Salary | $87,790↓ 3% | 53 mi |
| Corvallis, OR Business and Financial Operations Occupations Salary | $81,030↓ 11% | 59 mi |
| Eugene-Springfield, OR Business and Financial Operations Occupations Salary | $80,480↓ 11% | 63 mi |
Comparing salaries near Oregon
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Oregon?
The median annual salary for a Business and Financial Operations Occupations in Oregon is $90,920. This typically ranges from $50,180 for entry-level positions to $136,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oregon is 3.9% lower than the national median of $94,590.
Is Oregon a lucrative place for Business and Financial Operations Occupationss?
Yes, with caveats.Oregon offers a solid average salary of $90,920, but the higher cost of living at 115.1 means the effective purchasing power is slightly reduced compared to national averages.
Is Oregon a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Oregon is 115.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oregon?
Some top paying nearby cities include Albany, OR ($77,170) and Bend, OR.
How does Oregon's average salary compare to the national average for these roles?
The average annual salary in Oregon for Business and Financial Operations Occupations is $90,920, which is slightly lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Oregon?
Oregon has a Location Quotient of 1.02 for these occupations, indicating a concentration that is very close to the national average, suggesting a stable market presence.
How does the cost of living in Oregon affect the salary?
Oregon's cost of living index is 115.1, meaning it is 15.1% more expensive than the national average. This higher cost of living reduces the real value of the $90,920 average salary.
What does the number of jobs per 1,000 workers signify for Oregon?
With 68.357 jobs per 1,000 workers, Oregon demonstrates a healthy demand for Business and Financial Operations professionals, aligning with its stable market presence.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 134,370 employees in the Oregon area with a job density of 68.357 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 Oregon