In the South Nebraska nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $70,570. This figure is notably lower than the national average of $94,590, reflecting the distinct economic landscape and potentially lower demand for these specialized roles outside of major metropolitan hubs. The compensation is shaped by regional economic factors and the specific industry mix present in this part of Nebraska.
Executive Summary
- Average Salary: $70,570 per year.
- Growth Trend: Salaries have shifted 11.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,990.
- Outlook: The Business and Financial Operations sector in South Nebraska comprises a workforce of 5,100 individuals. With a Location Quotient of 0.49, this sector is less concentrated than the national average, suggesting a smaller but potentially stable presence. The rate of 33.158 jobs per 1,000 workers indicates a moderate level of employment within the region, pointing towards a steady, albeit not rapidly expanding, job market for these professionals.
Salary Overview
The average Business and Financial Operations Occupations in South Nebraska nonmetropolitan area earns-25.4%below the national average.
$33.9
$1,357
$5,881
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this region is not provided, it is generally assumed that salaries for Business and Financial Operations roles have seen incremental growth over the past four years, mirroring broader economic trends. This growth is typically driven by inflation, increased demand for financial expertise, and the evolving complexity of business operations, even in nonmetropolitan areas.
Business and Financial Operations Occupations Salary Distribution in South Nebraska nonmetropolitan area
Salary progression within Business and Financial Operations Occupations is significantly influenced by experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills, such as financial analysis, accounting, or strategic planning, can achieve significantly higher earnings. The percentile gaps in salary distribution clearly signify the career trajectory and earning potential available through advancement and skill development.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,590 | $20 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,928 | $25.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,770 | $30.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $88,213 | $42.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,990 | $50.5 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$70,570
Gross Pay
Real Wage (Purchasing Power)
$70,570
Adjusted for COL (100)
The average annual salary of $70,570 in South Nebraska aligns perfectly 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 that salary locally is equivalent to the national average. Therefore, the $70,570 earned locally offers a comparable standard of living to what $70,570 would provide elsewhere in the country, making it a neutral factor in relocation decisions.
Job Market Context
5,100
Total Jobs
33.158
Per 1K Jobs
0.49
Location Quotient
At 0.49x, South Nebraska nonmetropolitan area has a notably lower concentration of Business and Financial Operations Occupations jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.49 indicates that Business and Financial Operations Occupations are less prevalent in the South Nebraska nonmetropolitan area compared to the national average. This suggests a less competitive market with potentially fewer specialized roles available, but also implies that professionals with the right skills may find a unique niche. The lower concentration means that while opportunities might be scarcer, the demand from employers seeking these specific skills could be more pronounced.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Grand Island, NE Business and Financial Operations Occupations Salary | $71,700↑ 2% | 15 mi |
| Lincoln, NE Business and Financial Operations Occupations Salary | $74,840↑ 6% | 86 mi |
Comparing salaries near South Nebraska nonmetropolitan area
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in South Nebraska nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in South Nebraska nonmetropolitan area is $70,570. This typically ranges from $41,590 for entry-level positions to $104,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Nebraska nonmetropolitan area is 25.4% lower than the national median of $94,590.
Is South Nebraska nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not compared to the national average.The average salary of $70,570 is significantly below the national average of $94,590. However, the cost of living is also at the national average, meaning the lower salary offers equivalent purchasing power locally.
Is South Nebraska nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in South Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Nebraska nonmetropolitan area?
Some top paying nearby cities include Grand Island, NE ($71,700) and Lincoln, NE.
What is the average salary for Business and Financial Operations Occupations in South Nebraska?
The average annual salary for Business and Financial Operations Occupations in the South Nebraska nonmetropolitan area is $70,570.
How does the South Nebraska salary compare to the national average?
The average salary in South Nebraska ($70,570) is considerably lower than the national average salary of $94,590 for these occupations.
What is the Cost of Living Index in South Nebraska?
The Cost of Living Index in the South Nebraska nonmetropolitan area is 100, which is the same as the national average.
How concentrated are Business and Financial Operations jobs in South Nebraska?
With a Location Quotient of 0.49, Business and Financial Operations jobs are less concentrated in South Nebraska compared to the national average, indicating a smaller presence of these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,100 employees in the South Nebraska nonmetropolitan area area with a job density of 33.158 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 South Nebraska nonmetropolitan area