Average Business and Financial Operations Occupations Salary in Parkersburg-Vienna, WV
In Parkersburg-Vienna, WV, professionals in Business and Financial Operations Occupations earn an average annual salary of $84,640. This figure is notably below the national average of $94,590, reflecting localized economic factors and industry demand within the region. The specific pay scales in Parkersburg-Vienna are intrinsically tied to the area's unique economic landscape and the concentration of these specialized roles.
Executive Summary
- Average Salary: $84,640 per year.
- Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,180.
- Outlook: The Parkersburg-Vienna area supports a local workforce of 2,500 individuals within Business and Financial Operations Occupations. With a Location Quotient of 1, the concentration of these roles aligns precisely with the national average, suggesting a stable, albeit not rapidly expanding, job market. The presence of approximately 67.33 jobs per 1,000 workers indicates a consistent demand for these essential business functions.
Salary Overview
The average Business and Financial Operations Occupations in Parkersburg-Vienna, WV earns-10.5%below the national average.
$40.7
$1,628
$7,053
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Parkersburg-Vienna'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 shifts and evolving business needs typically drive incremental increases in compensation for skilled professionals in this sector.
Business and Financial Operations Occupations Salary Distribution in Parkersburg-Vienna, WV
Salary progression within Business and Financial Operations Occupations in Parkersburg-Vienna, as elsewhere, is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior roles, requiring extensive expertise and leadership, see a substantial increase. The widening percentile gaps between junior and senior roles signify clear opportunities for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,940 | $20.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,480 | $30.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $86,940 | $41.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,800 | $50.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,180 | $58.7 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$84,640
Gross Pay
Real Wage (Purchasing Power)
$84,640
Adjusted for COL (100)
The average annual salary of $84,640 in Parkersburg-Vienna, WV, is positioned directly against a Cost of Living Index of 100, which is the national average. This means that the nominal income earned by professionals in this field holds purchasing power equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
2,500
Total Jobs
67.329
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Parkersburg-Vienna, WV has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
A Location Quotient of 1 for Business and Financial Operations Occupations in Parkersburg-Vienna indicates that the concentration of these jobs in the local economy is exactly at the national average. This suggests a balanced market where the demand for these professionals is neither exceptionally high nor low compared to other industries within the region or the nation.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Charleston, WV Business and Financial Operations Occupations Salary | $74,290↓ 12% | 63 mi |
| Wheeling, WV-OH Business and Financial Operations Occupations Salary | $73,490↓ 13% | 72 mi |
| Huntington-Ashland, WV-KY-OH Business and Financial Operations Occupations Salary | $70,510↓ 17% | 76 mi |
| Morgantown, WV Business and Financial Operations Occupations Salary | $72,240↓ 15% | 89 mi |
| Columbus, OH Business and Financial Operations Occupations Salary | $86,290↑ 2% | 91 mi |
Comparing salaries near Parkersburg-Vienna, WV
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Parkersburg-Vienna, WV?
The median annual salary for a Business and Financial Operations Occupations in Parkersburg-Vienna, WV is $84,640. This typically ranges from $42,940 for entry-level positions to $122,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Parkersburg-Vienna, WV is 10.5% lower than the national median of $94,590.
Is Parkersburg-Vienna, WV a lucrative place for Business and Financial Operations Occupationss?
No, not more lucrative than the national average.The average salary of $84,640 is below the national average of $94,590. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Parkersburg-Vienna, WV a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Parkersburg-Vienna, WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Parkersburg-Vienna, WV?
Some top paying nearby cities include Charleston, WV ($74,290) and Wheeling, WV-OH.
What is the average salary for Business and Financial Operations Occupations in Parkersburg-Vienna, WV?
The average annual salary for Business and Financial Operations Occupations in Parkersburg-Vienna, WV is $84,640.
How does the Parkersburg-Vienna salary compare to the national average?
The average salary in Parkersburg-Vienna ($84,640) is lower than the national average ($94,590) for Business and Financial Operations Occupations.
What is the Cost of Living in Parkersburg-Vienna, WV?
The Cost of Living Index in Parkersburg-Vienna, WV is 100, which is exactly the national average.
How concentrated are Business and Financial Operations jobs in Parkersburg-Vienna?
The concentration of Business and Financial Operations jobs in Parkersburg-Vienna, indicated by a Location Quotient of 1, is the same as 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 2,500 employees in the Parkersburg-Vienna, WV area with a job density of 67.329 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 Parkersburg-Vienna, WV