In the Southern Vermont nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $81,380. This figure falls below the national average of $94,590, reflecting the unique economic landscape and potentially lower demand for these specialized roles outside of major metropolitan hubs. The specific economic drivers and industry concentrations within this region contribute to this localized compensation.
Executive Summary
- Average Salary: $81,380 per year.
- Growth Trend: Salaries have shifted 13.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,990.
- Outlook: The Business and Financial Operations sector in Southern Vermont comprises a workforce of 3,400 individuals, with jobs per 1,000 workers standing at 40.243. The Location Quotient of 0.6 indicates that this sector is less concentrated here compared to the national average. While the absolute number of workers suggests a stable presence, the lower concentration implies that opportunities may be more specialized or less abundant than in more populous regions.
Salary Overview
The average Business and Financial Operations Occupations in Southern Vermont nonmetropolitan area earns-14.0%below the national average.
$39.1
$1,565
$6,782
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this precise region and occupation group is not provided, it is generally assumed that salaries within Business and Financial Operations Occupations have experienced a steady upward trend over the past four years, mirroring broader economic growth and inflation. This growth is typically driven by increasing demand for financial expertise, evolving business needs, and the need to retain skilled professionals in a competitive labor market.
Business and Financial Operations Occupations Salary Distribution in Southern Vermont nonmetropolitan area
Within the Business and Financial Operations field, salary progression is strongly tied to experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and advanced certifications can expect to earn significantly more, often reaching the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,950 | $22.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,035 | $29.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,190 | $35.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,725 | $48.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,990 | $60.1 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$81,380
Gross Pay
Real Wage (Purchasing Power)
$81,380
Adjusted for COL (100)
The average annual salary of $81,380 in Southern Vermont aligns perfectly 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 nominal salary is lower than the national average for this occupation, the cost of living parity suggests that the take-home pay may offer comparable lifestyle benefits to those in higher-cost areas with higher nominal salaries.
Job Market Context
3,400
Total Jobs
40.243
Per 1K Jobs
0.6
Location Quotient
Southern Vermont nonmetropolitan area 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.
With a Location Quotient of 0.6, the Business and Financial Operations market in Southern Vermont is less concentrated than the national average. This suggests that the job market for these roles may be less saturated, potentially offering a competitive edge for skilled professionals. However, it also implies that the overall number of available positions might be lower compared to national hubs, requiring a targeted approach for job seekers.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Southern Vermont nonmetropolitan area
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Southern Vermont nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Southern Vermont nonmetropolitan area is $81,380. This typically ranges from $45,950 for entry-level positions to $124,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Vermont nonmetropolitan area is 14.0% lower than the national median of $94,590.
Is Southern Vermont nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, it is not as lucrative as the national average.The average salary of $81,380 is below the national average of $94,590, although the cost of living is on par with the national average.
Is Southern Vermont nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Southern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($87,170) and Glens Falls, NY.
How does the job market for Business and Financial Operations compare to the national average in Southern Vermont?
The job market is less concentrated, indicated by a Location Quotient of 0.6, suggesting fewer specialized roles relative to the national average.
What is the total number of Business and Financial Operations professionals in Southern Vermont?
There are approximately 3,400 individuals employed in Business and Financial Operations Occupations within the Southern Vermont nonmetropolitan area.
Does the cost of living in Southern Vermont affect the value of the average salary?
No, the cost of living index is 100, which is the national average, meaning the $81,380 salary has equivalent purchasing power to the national average.
What does a Location Quotient of 0.6 signify for this occupation in Southern Vermont?
A Location Quotient of 0.6 indicates that Business and Financial Operations Occupations are less prevalent in Southern Vermont compared to the rest of the United States.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,400 employees in the Southern Vermont nonmetropolitan area area with a job density of 40.243 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 Southern Vermont nonmetropolitan area