In the Portland-Vancouver-Hillsboro, OR-WA metropolitan area, professionals in Business and Financial Operations Occupations earn an impressive average annual salary of $95,970. This figure slightly surpasses the national average of $94,590, indicating a localized demand that commands a premium. The specific economic drivers and industry concentrations within this region contribute to this favorable compensation.
Executive Summary
- Average Salary: $95,970 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,220.
- Outlook: The Portland-Vancouver-Hillsboro region boasts a substantial workforce of 93,440 individuals within Business and Financial Operations Occupations. With a Location Quotient of 1.15, this sector is more concentrated here than the national average, suggesting a robust and established job market with significant demand for these specialized roles.
Salary Overview
The average Business and Financial Operations Occupations in Portland-Vancouver-Hillsboro, OR-WA earns+1.5%above the national average.
$46.1
$1,846
$7,998
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 Portland-Vancouver-Hillsboro have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely driven by increasing business complexity, evolving financial regulations, and the growing need for skilled professionals in this sector.
Business and Financial Operations Occupations Salary Distribution in Portland-Vancouver-Hillsboro, OR-WA
Career progression within Business and Financial Operations Occupations typically sees a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior roles and specialized expertise can command salaries well into the upper percentiles, reflecting the value of accumulated knowledge and leadership capabilities. The widening salary gap between experience levels highlights clear opportunities for career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,670 | $25.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,978 | $34.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,490 | $40.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,963 | $57.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $149,220 | $71.7 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$95,970
Gross Pay
Real Wage (Purchasing Power)
$95,970
Adjusted for COL (100)
The average annual salary of $95,970 in Portland-Vancouver-Hillsboro aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial environment for residents without the added pressure of a significantly higher cost of living.
Job Market Context
93,440
Total Jobs
76.983
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Portland-Vancouver-Hillsboro, OR-WA has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
A Location Quotient of 1.15 signifies that Business and Financial Operations Occupations are 15% more concentrated in the Portland-Vancouver-Hillsboro area compared to the national average. This indicates a healthy and competitive job market where employers actively seek out talent in these fields, suggesting good opportunities for both job seekers and established professionals.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Salem, OR Business and Financial Operations Occupations Salary | $87,790↓ 9% | 44 mi |
| Longview-Kelso, WA Business and Financial Operations Occupations Salary | $84,720↓ 12% | 46 mi |
| Albany, OR Business and Financial Operations Occupations Salary | $77,170↓ 20% | 65 mi |
| Corvallis, OR Business and Financial Operations Occupations Salary | $81,030↓ 16% | 72 mi |
| Coast Oregon nonmetropolitan area Business and Financial Operations Occupations Salary | $77,150↓ 20% | 72 mi |
Comparing salaries near Portland-Vancouver-Hillsboro, OR-WA
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Portland-Vancouver-Hillsboro, OR-WA?
The median annual salary for a Business and Financial Operations Occupations in Portland-Vancouver-Hillsboro, OR-WA is $95,970. This typically ranges from $52,670 for entry-level positions to $149,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-Vancouver-Hillsboro, OR-WA is 1.5% higher than the national median of $94,590.
Is Portland-Vancouver-Hillsboro, OR-WA a lucrative place for Business and Financial Operations Occupationss?
Yes, it is a lucrative place.The average salary of $95,970 slightly exceeds the national average, and the cost of living is on par with the national average, offering strong purchasing power.
Is Portland-Vancouver-Hillsboro, OR-WA a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Portland-Vancouver-Hillsboro, OR-WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-Vancouver-Hillsboro, OR-WA?
Some top paying nearby cities include Salem, OR ($87,790) and Longview-Kelso, WA.
How does the local salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Portland-Vancouver-Hillsboro is $95,970, which is slightly higher than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Portland-Vancouver-Hillsboro?
The Location Quotient of 1.15 indicates that these occupations are 15% more concentrated in Portland-Vancouver-Hillsboro than the national average, suggesting a strong presence in the local economy.
How does the cost of living affect the salary in Portland-Vancouver-Hillsboro?
With a Cost of Living Index of 100, the local salary of $95,970 holds its value effectively, as it matches the national average cost of living, providing stable purchasing power.
What is the total number of workers in Business and Financial Operations in this area?
There are 93,440 individuals employed in Business and Financial Operations Occupations within the Portland-Vancouver-Hillsboro metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 93,440 employees in the Portland-Vancouver-Hillsboro, OR-WA area with a job density of 76.983 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 Portland-Vancouver-Hillsboro, OR-WA