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Average Business and Financial Operations Occupations Salary in South Central Wisconsin nonmetropolitan area

In the South Central Wisconsin nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $76,470. This figure is notably below the national average of $94,590, reflecting regional economic factors and industry concentration. The local pay scale is influenced by the specific demands and competitive landscape within this particular geographic area.

Executive Summary

  • Average Salary: $76,470 per year.
  • Growth Trend: Salaries have shifted 18.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $115,660.
  • Outlook: The local job market for Business and Financial Operations Occupations in South Central Wisconsin is characterized by a workforce of 7,860 individuals. With a Location Quotient of 0.56, the concentration of these roles is below the national average, suggesting a less saturated but potentially less dynamic market compared to national hubs. The presence of nearly 37.5 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these essential functions within the region.
2024 Market Data

Salary Overview

$76,470

The average Business and Financial Operations Occupations in South Central Wisconsin nonmetropolitan area earns-19.2%below the national average.

BreakdownBased on 40h/week
Hourly

$36.8

Weekly

$1,471

Monthly

$6,373

Business and Financial Operations Occupations Salary Distribution in South Central Wisconsin nonmetropolitan area

Career progression within Business and Financial Operations Occupations significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with specialized skills and extensive experience can command substantially higher salaries. The percentile gaps in compensation clearly signify opportunities for career advancement and increased earning power as one moves from junior to senior roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,070$21.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$57,353$27.6
ManagerOversees team, compliance, and project delivery.50% (Median)$68,950$33.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$95,588$46
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$115,660$55.6

Detailed Business and Financial Operations Occupations Market Analysis

Relocation Context

Nominal Salary

$76,470

Gross Pay

Real Wage (Purchasing Power)

$76,470

Adjusted for COL (100)

The nominal average salary of $76,470 in South Central Wisconsin aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in this region is equivalent to the national average. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay may stretch further locally than in higher-cost metropolitan areas.

Job Market Context

7,860

Total Jobs

37.484

Per 1K Jobs

0.56

Location Quotient

Below Average

South Central Wisconsin nonmetropolitan area has 0.56x 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 0.56 for Business and Financial Operations Occupations in South Central Wisconsin indicates that these roles are less concentrated than the national average. This suggests that the job market may be less competitive in terms of the sheer number of available professionals vying for positions. However, it could also imply a more specialized or niche demand for these skills within the region's economy.

Nearby Job Markets

Nearby Cities for Business and Financial Operations Occupations

Comparing salaries near South Central Wisconsin nonmetropolitan area

Hiring Business and Financial Operations Occupationss?

Frequently Asked Questions

How much does a Business and Financial Operations Occupations make in South Central Wisconsin nonmetropolitan area?

The median annual salary for a Business and Financial Operations Occupations in South Central Wisconsin nonmetropolitan area is $76,470. This typically ranges from $44,070 for entry-level positions to $115,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Wisconsin nonmetropolitan area is 19.2% lower than the national median of $94,590.

Is South Central Wisconsin nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?

No, not when compared to national averages.The average salary of $76,470 is significantly lower than the national average of $94,590. While the cost of living is at the national average, the lower nominal salary indicates less lucrative earning potential in this specific region.

Is South Central Wisconsin nonmetropolitan area a good place to live for Business and Financial Operations Occupations?

The Cost of Living Index in South Central Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Central Wisconsin nonmetropolitan area?

Some top paying nearby cities include Wausau, WI ($81,840) and Oshkosh-Neenah, WI.

How does the local salary compare to the national average?

The average annual salary for Business and Financial Operations Occupations in South Central Wisconsin is $76,470, which is substantially lower than the national average of $94,590.

What is the Cost of Living in South Central Wisconsin?

The Cost of Living Index for South Central Wisconsin is 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the country.

How concentrated are Business and Financial Operations jobs in this area?

The Location Quotient of 0.56 indicates that these occupations are less concentrated in South Central Wisconsin compared to the national average, suggesting a smaller proportion of the workforce is employed in these roles.

What is the total workforce size for these occupations locally?

There are approximately 7,860 individuals employed in Business and Financial Operations Occupations within the South Central Wisconsin nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,860 employees in the South Central Wisconsin nonmetropolitan area area with a job density of 37.484 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.