Average Business and Financial Operations Occupations Salary in Savannah, GA
In Savannah, GA, professionals in Business and Financial Operations Occupations earn an average annual salary of $87,570. This figure is notably below the national average of $94,590, suggesting that local market dynamics and potentially a different industry focus influence compensation within this sector in Savannah. The cost of living in Savannah is exactly at the national average, meaning the salary's purchasing power is standard.
Executive Summary
- Average Salary: $87,570 per year.
- Growth Trend: Salaries have shifted 27.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,950.
- Outlook: With a local workforce of 11,290 individuals in Business and Financial Operations Occupations, Savannah presents a substantial, though not overwhelmingly concentrated, segment of the job market. The location quotient of 0.86 indicates that this field is slightly less prevalent in Savannah compared to the national average, suggesting a stable but not rapidly expanding demand for these roles.
Salary Overview
The average Business and Financial Operations Occupations in Savannah, GA earns-7.4%below the national average.
$42.1
$1,684
$7,298
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Savannah's Business and Financial Operations Occupations is not provided, it is generally assumed that salaries within this sector have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial expertise, and the evolving complexity of business operations.
Business and Financial Operations Occupations Salary Distribution in Savannah, GA
Salary progression within Business and Financial Operations Occupations in Savannah, as elsewhere, is strongly tied to experience. Entry-level positions typically command salaries at the lower percentiles, while senior roles and specialized expertise can push earnings into the higher percentiles. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,140 | $19.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,678 | $31.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,040 | $35.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,463 | $52.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,950 | $61 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$87,570
Gross Pay
Real Wage (Purchasing Power)
$87,570
Adjusted for COL (100)
The average annual salary of $87,570 in Savannah aligns perfectly with the national average cost of living (100). This means that the purchasing power of a Business and Financial Operations professional's salary in Savannah is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
11,290
Total Jobs
57.903
Per 1K Jobs
0.86
Location Quotient
Savannah, GA has 0.86x 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 0.86 for Business and Financial Operations Occupations in Savannah suggests that this sector is slightly underrepresented compared to the national average. This indicates a moderately competitive market where demand exists, but the talent pool may not be as saturated as in other regions, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Hilton Head Island-Bluffton-Port Royal, SC Business and Financial Operations Occupations Salary | $82,500↓ 6% | 28 mi |
| Hinesville, GA Business and Financial Operations Occupations Salary | $78,020↓ 11% | 29 mi |
| Brunswick-St. Simons, GA Business and Financial Operations Occupations Salary | $98,910↑ 13% | 63 mi |
| Charleston-North Charleston, SC Business and Financial Operations Occupations Salary | $91,350↑ 4% | 89 mi |
Comparing salaries near Savannah, GA
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Savannah, GA?
The median annual salary for a Business and Financial Operations Occupations in Savannah, GA is $87,570. This typically ranges from $41,140 for entry-level positions to $126,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Savannah, GA is 7.4% lower than the national median of $94,590.
Is Savannah, GA a lucrative place for Business and Financial Operations Occupationss?
No, not particularly lucrative compared to the national average.The average salary of $87,570 is below the national average of $94,590, despite the cost of living being at the national average.
Is Savannah, GA a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Savannah, GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Savannah, GA?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($82,500) and Hinesville, GA.
How does Savannah's salary for Business and Financial Operations compare to the national average?
The average salary in Savannah ($87,570) is approximately 7.4% lower than the national average ($94,590).
What is the concentration of Business and Financial Operations jobs in Savannah?
Savannah has a location quotient of 0.86, meaning the concentration of these jobs is slightly lower than the national average.
How does the cost of living in Savannah affect the salary?
With a cost of living index of 100, Savannah's cost of living is exactly average, so the $87,570 salary has standard purchasing power.
What does the job market look like for these roles in Savannah?
The market is stable with a significant local workforce, but the slightly lower location quotient suggests moderate competition and potential for growth.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,290 employees in the Savannah, GA area with a job density of 57.903 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business and Financial Operations Occupations Salaries by State
Top Jobs in Savannah, GA
- All Occupations Salary in Savannah, GA
- Transportation and Material Moving Occupations Salary in Savannah, GA
- Office and Administrative Support Occupations Salary in Savannah, GA
- Food Preparation and Serving Related Occupations Salary in Savannah, GA
- Sales and Related Occupations Salary in Savannah, GA
- Production Occupations Salary in Savannah, GA
- Healthcare Practitioners and Technical Occupations Salary in Savannah, GA
- Business and Financial Operations Occupations Salary in Savannah, GA
- Installation, Maintenance, and Repair Occupations Salary in Savannah, GA
- Management Occupations Salary in Savannah, GA
- Browse All Jobs in Savannah, GA →
Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Savannah, GA