Average Business and Financial Operations Occupations Salary in Prescott Valley-Prescott, AZ
In Prescott Valley-Prescott, AZ, professionals in Business and Financial Operations Occupations earn an average annual salary of $74,580. This figure is notably below the national average of $94,590, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $74,580 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,540.
- Outlook: The local workforce for Business and Financial Operations Occupations in Prescott Valley-Prescott, AZ comprises 2,860 individuals. With a Location Quotient of 0.6, this sector is less concentrated than the national average, indicating a potentially less saturated but also less specialized local job market for these roles.
Salary Overview
The average Business and Financial Operations Occupations in Prescott Valley-Prescott, AZ earns-21.2%below the national average.
$35.9
$1,434
$6,215
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Prescott Valley-Prescott is not provided, it's generally assumed that salaries for Business and Financial Operations Occupations have seen a modest upward trend over the past four years, mirroring broader economic recovery and inflation adjustments seen across many sectors nationally.
Business and Financial Operations Occupations Salary Distribution in Prescott Valley-Prescott, AZ
Salary progression within Business and Financial Operations Occupations typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior roles and specialized expertise can command salaries significantly higher than the average, reflecting increased responsibility and proven value.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,220 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,935 | $26.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,270 | $30.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,225 | $44.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,540 | $57 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$74,580
Gross Pay
Real Wage (Purchasing Power)
$74,580
Adjusted for COL (100)
The average annual salary of $74,580 in Prescott Valley-Prescott, AZ aligns perfectly with the national Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income locally is equivalent to the national average, making it a balanced financial proposition.
Job Market Context
2,860
Total Jobs
40.352
Per 1K Jobs
0.6
Location Quotient
Prescott Valley-Prescott, AZ has 0.60x 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.
A Location Quotient of 0.6 for Business and Financial Operations Occupations in Prescott Valley-Prescott, AZ signifies that this sector is less prevalent locally compared to the national landscape. This suggests that while there may be fewer specialized opportunities, professionals in this field might find less competition for available roles.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Flagstaff, AZ Business and Financial Operations Occupations Salary | $76,630↑ 3% | 57 mi |
| Phoenix-Mesa-Chandler, AZ Business and Financial Operations Occupations Salary | $87,470↑ 17% | 72 mi |
| Arizona nonmetropolitan area Business and Financial Operations Occupations Salary | $74,930↑ 0% | 79 mi |
Comparing salaries near Prescott Valley-Prescott, AZ
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Prescott Valley-Prescott, AZ?
The median annual salary for a Business and Financial Operations Occupations in Prescott Valley-Prescott, AZ is $74,580. This typically ranges from $37,220 for entry-level positions to $118,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Prescott Valley-Prescott, AZ is 21.2% lower than the national median of $94,590.
Is Prescott Valley-Prescott, AZ a lucrative place for Business and Financial Operations Occupationss?
No, it is not considered particularly lucrative compared to the national average.The average salary of $74,580 is significantly lower than the national average of $94,590. However, the cost of living is on par with the national average, offering equivalent purchasing power.
Is Prescott Valley-Prescott, AZ a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Prescott Valley-Prescott, AZ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Prescott Valley-Prescott, AZ?
Some top paying nearby cities include Flagstaff, AZ ($76,630) and Phoenix-Mesa-Chandler, AZ.
How does the local salary compare to the national average?
The average annual salary in Prescott Valley-Prescott, AZ is $74,580, which is considerably less than the national average of $94,590 for Business and Financial Operations Occupations.
What is the concentration of Business and Financial Operations jobs in Prescott Valley-Prescott, AZ?
The Location Quotient is 0.6, indicating that these occupations are less concentrated in Prescott Valley-Prescott, AZ compared to the national average.
How does the cost of living affect the salary in Prescott Valley-Prescott, AZ?
With a Cost of Living Index of 100, the local cost of living is average. This means the $74,580 salary offers purchasing power equivalent to the national average, despite being a lower nominal figure.
What is the total number of Business and Financial Operations workers in the area?
There are approximately 2,860 individuals employed in Business and Financial Operations Occupations within the Prescott Valley-Prescott, AZ area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,860 employees in the Prescott Valley-Prescott, AZ area with a job density of 40.352 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 Prescott Valley-Prescott, AZ