SalaryNode

Average Business and Financial Operations Occupations Salary in Redding, CA

In Redding, CA, professionals in Business and Financial Operations Occupations earn an average annual salary of $83,710. This figure is notably below the national average of $94,590, suggesting that local market dynamics, industry concentration, and potentially a lower cost of living influence compensation levels in this region.

Executive Summary

  • Average Salary: $83,710 per year.
  • Growth Trend: Salaries have shifted 24.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,750.
  • Outlook: With a local workforce of 3,300 individuals in Business and Financial Operations, Redding, CA, presents a moderate employment landscape for these roles. The Location Quotient of 0.71 indicates that this sector is slightly less concentrated than the national average, suggesting a stable but not exceptionally high demand for these specialized skills within the immediate area.
2024 Market Data

Salary Overview

$83,710

The average Business and Financial Operations Occupations in Redding, CA earns-11.5%below the national average.

BreakdownBased on 40h/week
Hourly

$40.3

Weekly

$1,610

Monthly

$6,976

Business and Financial Operations Occupations Salary Distribution in Redding, CA

Salary progression within Business and Financial Operations is significantly tied to experience. Entry-level positions typically command salaries at the lower percentiles, while seasoned professionals with specialized skills and a proven track record can expect to earn at the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential with tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,010$22.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,783$30.2
ManagerOversees team, compliance, and project delivery.50% (Median)$76,640$36.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,638$50.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,750$60.9

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$83,710

Gross Pay

Real Wage (Purchasing Power)

$83,710

Adjusted for COL (100)

The average annual salary of $83,710 in Redding, CA, aligns precisely with the national average 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 in Redding is comparable to the national average, offering a balanced financial outlook for residents.

Job Market Context

3,300

Total Jobs

47.341

Per 1K Jobs

0.71

Location Quotient

Below Average

Redding, CA has 0.71x 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.

The Location Quotient of 0.71 for Business and Financial Operations in Redding, CA, indicates that this sector is less prevalent compared to the national average. This suggests that while opportunities exist, the market may be less saturated, potentially offering a competitive edge for skilled professionals seeking employment in this field within the region.

Nearby Job Markets

Nearby Cities for Business and Financial Operations Occupations

CitySalaryDist.
Chico, CA Business and Financial Operations Occupations Salary$84,780↑ 1%63 mi

Comparing salaries near Redding, CA

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in Redding, CA?

The median annual salary for a Business and Financial Operations Occupations in Redding, CA is $83,710. This typically ranges from $47,010 for entry-level positions to $126,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Redding, CA is 11.5% lower than the national median of $94,590.

Is Redding, CA a lucrative place for Business and Financial Operations Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $83,710 is below the national average of $94,590, although the cost of living is on par with the national average.

Is Redding, CA a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in Redding, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Redding, CA?

Some top paying nearby cities include Chico, CA ($84,780) and others.

What is the average salary for Business and Financial Operations in Redding, CA?

The average annual salary for Business and Financial Operations Occupations in Redding, CA, is $83,710.

How does Redding's Business and Financial Operations salary compare to the national average?

The average salary in Redding, CA ($83,710) is lower than the national average ($94,590).

What is the concentration of Business and Financial Operations jobs in Redding, CA?

The concentration, measured by Location Quotient, is 0.71, which is below the national average of 1.0.

How does the cost of living in Redding, CA affect salary perception?

Redding, CA has a Cost of Living Index of 100, meaning it is average nationally. Therefore, the $83,710 salary offers average purchasing power locally.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,300 employees in the Redding, CA area with a job density of 47.341 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Redding, CA