In the Southwestern Pennsylvania nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $73,490. This figure is notably below the national average of $94,590, suggesting that regional economic factors and industry concentration play a significant role in compensation levels. The specific demand and supply dynamics within this nonmetropolitan setting likely contribute to this pay differential.
Executive Summary
- Average Salary: $73,490 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,730.
- Outlook: With a local workforce of approximately 5,000 individuals in Business and Financial Operations Occupations, and a Location Quotient of 0.53, the job market in Southwestern Pennsylvania's nonmetropolitan areas indicates a below-average concentration of these roles compared to the national landscape. While the total workforce size suggests a stable presence, the lower concentration implies that opportunities may be less abundant than in more heavily industrialized or metropolitan regions, requiring a nuanced approach to career planning.
Salary Overview
The average Business and Financial Operations Occupations in Southwestern Pennsylvania nonmetropolitan area earns-22.3%below the national average.
$35.3
$1,413
$6,124
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 for Business and Financial Operations Occupations have seen consistent, albeit potentially modest, growth over the past four years, mirroring broader economic trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of business operations.
Business and Financial Operations Occupations Salary Distribution in Southwestern Pennsylvania nonmetropolitan area
Salary progression within Business and Financial Operations Occupations typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, requiring specialized knowledge and extensive experience, command substantially higher compensation. The percentile gaps between these levels are a clear indicator of the career advancement and earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,830 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,118 | $26.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,540 | $31 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,863 | $44.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,730 | $54.7 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$73,490
Gross Pay
Real Wage (Purchasing Power)
$73,490
Adjusted for COL (100)
The average annual salary of $73,490 in Southwestern Pennsylvania's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the salary in this region is equivalent to the national average, offering a stable financial footing without the premium often associated with higher cost-of-living areas.
Job Market Context
5,000
Total Jobs
35.573
Per 1K Jobs
0.53
Location Quotient
Southwestern Pennsylvania nonmetropolitan area has 0.53x 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 0.53 for Business and Financial Operations Occupations in Southwestern Pennsylvania's nonmetropolitan area signifies that these roles are less concentrated than the national average. This suggests a less competitive market in terms of sheer numbers of professionals, but also potentially fewer specialized opportunities or a smaller pool of employers actively seeking these skills compared to national hubs.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Williamsport, PA Business and Financial Operations Occupations Salary | $73,310↓ 0% | 9 mi |
| State College, PA Business and Financial Operations Occupations Salary | $79,320↑ 8% | 45 mi |
| Elmira, NY Business and Financial Operations Occupations Salary | $83,440↑ 14% | 65 mi |
| Harrisburg-Carlisle, PA Business and Financial Operations Occupations Salary | $80,430↑ 9% | 66 mi |
| Lebanon, PA Business and Financial Operations Occupations Salary | $75,790↑ 3% | 72 mi |
Comparing salaries near Southwestern Pennsylvania nonmetropolitan area
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Southwestern Pennsylvania nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Southwestern Pennsylvania nonmetropolitan area is $73,490. This typically ranges from $38,830 for entry-level positions to $113,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwestern Pennsylvania nonmetropolitan area is 22.3% lower than the national median of $94,590.
Is Southwestern Pennsylvania nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $73,490 is significantly lower than the national average of $94,590, indicating less competitive compensation. However, the cost of living is at the national average, making the salary's purchasing power comparable.
Is Southwestern Pennsylvania nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Southwestern Pennsylvania nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwestern Pennsylvania nonmetropolitan area?
Some top paying nearby cities include Williamsport, PA ($73,310) and State College, PA.
How does the local salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Southwestern Pennsylvania's nonmetropolitan area is $73,490, which is substantially lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in this region?
The concentration, measured by the Location Quotient, is 0.53, indicating that these occupations are less prevalent in this region compared to the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $73,490 has purchasing power equivalent to the national average, meaning it is not significantly diminished by high living expenses.
What is the total workforce size for these occupations locally?
There are approximately 5,000 individuals employed in Business and Financial Operations Occupations within the Southwestern Pennsylvania 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 5,000 employees in the Southwestern Pennsylvania nonmetropolitan area area with a job density of 35.573 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 Pennsylvania nonmetropolitan area