In the Southwestern New Hampshire nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $76,230. This figure is notably below 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 localized pay scale is a direct consequence of the region's specific economic drivers and workforce needs.
Executive Summary
- Average Salary: $76,230 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,010.
- Outlook: The job market for Business and Financial Operations Occupations in Southwestern New Hampshire is stable, with a total local workforce of 3,390 individuals. The location quotient of 0.97 suggests a concentration of these roles that is very close to the national average, indicating a balanced presence within the regional economy. While not a major hub, the consistent employment numbers point to steady demand for these essential business functions.
Salary Overview
The average Business and Financial Operations Occupations in Southwestern New Hampshire nonmetropolitan area earns-19.4%below the national average.
$36.7
$1,466
$6,353
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations in Southwestern New Hampshire have experienced gradual growth over the past four years, mirroring national trends. Economic development and increasing business activity in the region would typically correlate with upward pressure on compensation, even if at a more modest pace than in larger urban centers.
Business and Financial Operations Occupations Salary Distribution in Southwestern New Hampshire nonmetropolitan area
Salary progression for Business and Financial Operations roles typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while mid-level and senior roles command higher compensation packages. The percentile gaps in salary distribution, though not detailed here, would signify the substantial career advancement and earning potential available to those who develop specialized skills and accumulate years of relevant experience in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,880 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,173 | $27.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,320 | $34.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,288 | $45.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $109,010 | $52.4 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$76,230
Gross Pay
Real Wage (Purchasing Power)
$76,230
Adjusted for COL (100)
The nominal average salary of $76,230 in Southwestern New Hampshire aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a salary in this region is equivalent to the national standard. While the absolute salary is lower than the national average, the cost of living does not present a disadvantage, suggesting a relatively stable financial environment for residents.
Job Market Context
3,390
Total Jobs
65.215
Per 1K Jobs
0.97
Location Quotient
Southwestern New Hampshire nonmetropolitan area has 0.97x 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 0.97, the job market for Business and Financial Operations Occupations in Southwestern New Hampshire is nearly on par with the national concentration. This indicates that the region supports a level of employment in these fields that is commensurate with its overall workforce size, relative to the nation. It suggests a healthy, albeit not exceptionally concentrated, demand for these professionals, without being overly saturated or scarce.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Southwestern New Hampshire nonmetropolitan area
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Southwestern New Hampshire nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Southwestern New Hampshire nonmetropolitan area is $76,230. This typically ranges from $47,880 for entry-level positions to $109,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwestern New Hampshire nonmetropolitan area is 19.4% lower than the national median of $94,590.
Is Southwestern New Hampshire nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, it is not exceptionally lucrative compared to the national average.The average salary of $76,230 is below the national average of $94,590, although the cost of living is also at the national average. This indicates that while the cost of living is manageable, the earning potential is not as high as in other regions.
Is Southwestern New Hampshire nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Southwestern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwestern New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($89,660) and Portland-South Portland, ME.
How does the local workforce size impact job opportunities?
A local workforce of 3,390 for Business and Financial Operations Occupations suggests a moderate-sized segment of the regional economy dedicated to these roles, providing a stable base for employment opportunities.
What does a Location Quotient of 0.97 signify?
A location quotient of 0.97 indicates that the concentration of Business and Financial Operations Occupations in Southwestern New Hampshire is very close to the national average, suggesting a balanced and typical presence of these jobs within the region.
How does the Cost of Living Index affect the salary perception?
With a Cost of Living Index of 100 (national average), the $76,230 salary offers purchasing power equivalent to the national standard, meaning the lower nominal salary is offset by comparable living expenses.
Are there significant differences between entry-level and senior salaries in this region?
While specific data isn't provided, it's typical for experience to significantly increase salaries in Business and Financial Operations, with senior roles commanding substantially higher compensation than entry-level positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,390 employees in the Southwestern New Hampshire nonmetropolitan area area with a job density of 65.215 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 Southwestern New Hampshire nonmetropolitan area