Average Business and Financial Operations Occupations Salary in Spokane-Spokane Valley, WA
In Spokane-Spokane Valley, WA, professionals in Business and Financial Operations Occupations earn an average annual salary of $84,810. This figure is notably below the national average of $94,590, suggesting that local economic factors and industry demand play a significant role in compensation within this region.
Executive Summary
- Average Salary: $84,810 per year.
- Growth Trend: Salaries have shifted 19.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,690.
- Outlook: The Spokane-Spokane Valley area supports a substantial workforce of 15,850 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.92, the concentration of these roles is nearly on par with the national average, indicating a stable and established presence of these critical functions within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Spokane-Spokane Valley, WA earns-10.3%below the national average.
$40.8
$1,631
$7,068
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Business and Financial Operations roles in Spokane-Spokane Valley have experienced growth over the past four years, mirroring national trends of increasing compensation driven by inflation, demand, and evolving skill requirements.
Business and Financial Operations Occupations Salary Distribution in Spokane-Spokane Valley, WA
Career progression within Business and Financial Operations Occupations typically sees a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior roles and specialized expertise can command salaries well above the average, reflecting the value of accumulated knowledge and leadership capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,050 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,608 | $30.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,870 | $37 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $106,013 | $51 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,690 | $61.9 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$84,810
Gross Pay
Real Wage (Purchasing Power)
$84,810
Adjusted for COL (100)
The average annual salary of $84,810 in Spokane-Spokane Valley aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in this region is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
15,850
Total Jobs
62.073
Per 1K Jobs
0.92
Location Quotient
Spokane-Spokane Valley, WA has 0.92x 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 0.92 indicates that Business and Financial Operations Occupations are slightly less concentrated in Spokane-Spokane Valley compared to the national average. This suggests a competitive job market where demand is steady but perhaps not as intensely saturated as in larger metropolitan areas, offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Coeur d'Alene, ID Business and Financial Operations Occupations Salary | $76,780↓ 9% | 30 mi |
| Lewiston, ID-WA Business and Financial Operations Occupations Salary | $74,070↓ 13% | 90 mi |
Comparing salaries near Spokane-Spokane Valley, WA
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Spokane-Spokane Valley, WA?
The median annual salary for a Business and Financial Operations Occupations in Spokane-Spokane Valley, WA is $84,810. This typically ranges from $49,050 for entry-level positions to $128,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Spokane-Spokane Valley, WA is 10.3% lower than the national median of $94,590.
Is Spokane-Spokane Valley, WA a lucrative place for Business and Financial Operations Occupationss?
No, not more lucrative than the national average.The average salary of $84,810 is below the national average of $94,590, although the cost of living is also at the national average.
Is Spokane-Spokane Valley, WA a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Spokane-Spokane Valley, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Spokane-Spokane Valley, WA?
Some top paying nearby cities include Coeur d'Alene, ID ($76,780) and Lewiston, ID-WA.
What is the average salary for Business and Financial Operations Occupations in Spokane-Spokane Valley, WA?
The average annual salary for Business and Financial Operations Occupations in Spokane-Spokane Valley, WA is $84,810.
How does Spokane-Spokane Valley's cost of living compare to the national average?
Spokane-Spokane Valley's cost of living is exactly at the national average, with a Cost of Living Index of 100.
How concentrated are Business and Financial Operations jobs in Spokane-Spokane Valley compared to the nation?
The concentration of these jobs in Spokane-Spokane Valley is slightly below the national average, with a Location Quotient of 0.92.
How many Business and Financial Operations workers are there in Spokane-Spokane Valley?
There are approximately 15,850 individuals employed in Business and Financial Operations Occupations in the Spokane-Spokane Valley area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,850 employees in the Spokane-Spokane Valley, WA area with a job density of 62.073 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business and Financial Operations Occupations Salaries by State
Top Jobs in Spokane-Spokane Valley, WA
- All Occupations Salary in Spokane-Spokane Valley, WA
- Office and Administrative Support Occupations Salary in Spokane-Spokane Valley, WA
- Sales and Related Occupations Salary in Spokane-Spokane Valley, WA
- Transportation and Material Moving Occupations Salary in Spokane-Spokane Valley, WA
- Food Preparation and Serving Related Occupations Salary in Spokane-Spokane Valley, WA
- Healthcare Practitioners and Technical Occupations Salary in Spokane-Spokane Valley, WA
- Healthcare Support Occupations Salary in Spokane-Spokane Valley, WA
- Business and Financial Operations Occupations Salary in Spokane-Spokane Valley, WA
- Educational Instruction and Library Occupations Salary in Spokane-Spokane Valley, WA
- Production Occupations Salary in Spokane-Spokane Valley, WA
- Browse All Jobs in Spokane-Spokane Valley, WA →
Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Spokane-Spokane Valley, WA