Average Business and Financial Operations Occupations Salary in Urban Honolulu, HI
In Urban Honolulu, HI, professionals in Business and Financial Operations Occupations earn an average annual salary of $84,120. This figure is notably below the national average of $94,590, suggesting that local market dynamics and potentially a lower cost of living, despite being at the national average, influence compensation. The specific economic landscape of Hawaii plays a significant role in shaping these pay scales.
Executive Summary
- Average Salary: $84,120 per year.
- Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,380.
- Outlook: With a local workforce of 24,850 individuals in Business and Financial Operations Occupations, and a Location Quotient of 0.83, the job market in Urban Honolulu indicates a presence that is slightly less concentrated than the national average. While not a major hub for this sector, the consistent demand, represented by 56.041 jobs per 1,000 workers, suggests a stable and ongoing need for these professionals within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Urban Honolulu, HI earns-11.1%below the national average.
$40.4
$1,618
$7,010
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this granular occupation group in Urban Honolulu is not provided, it is generally assumed that salaries within Business and Financial Operations Occupations have seen consistent, albeit moderate, growth over the past four years. This trend is typically driven by inflation, increasing demand for specialized financial skills, and the overall economic expansion within Hawaii, leading to incremental salary adjustments.
Business and Financial Operations Occupations Salary Distribution in Urban Honolulu, HI
Salary progression within Business and Financial Operations Occupations in Urban Honolulu, as elsewhere, is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with advanced degrees and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and leadership in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,060 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,090 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,430 | $37.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,150 | $50.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,380 | $61.2 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$84,120
Gross Pay
Real Wage (Purchasing Power)
$84,120
Adjusted for COL (100)
The average annual salary of $84,120 in Urban Honolulu aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, your purchasing power in Honolulu 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 other regions.
Job Market Context
24,850
Total Jobs
56.041
Per 1K Jobs
0.83
Location Quotient
Urban Honolulu, HI has 0.83x 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 0.83 for Business and Financial Operations Occupations in Urban Honolulu signifies that this sector is slightly underrepresented compared to the national average. This suggests that while there is a solid base of these roles, the market is not saturated, potentially offering good opportunities for skilled professionals. It indicates a balanced demand and supply, where specialized talent might find a competitive edge.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Hawaii / Kauai nonmetropolitan area Business and Financial Operations Occupations Salary | $76,570↓ 9% | 37 mi |
Comparing salaries near Urban Honolulu, HI
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Urban Honolulu, HI?
The median annual salary for a Business and Financial Operations Occupations in Urban Honolulu, HI is $84,120. This typically ranges from $48,060 for entry-level positions to $127,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Urban Honolulu, HI is 11.1% lower than the national median of $94,590.
Is Urban Honolulu, HI a lucrative place for Business and Financial Operations Occupationss?
No, not significantly more lucrative than the national average.The average salary of $84,120 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable.
Is Urban Honolulu, HI a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Urban Honolulu, HI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Urban Honolulu, HI?
Some top paying nearby cities include Hawaii / Kauai nonmetropolitan area ($76,570) and others.
How does the salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Urban Honolulu is $84,120, which is lower than the national average of $94,590.
What is the concentration of these jobs in Honolulu?
The Location Quotient is 0.83, indicating that these occupations are slightly less concentrated in Urban Honolulu compared to the national average.
How does the cost of living affect the salary?
The Cost of Living Index in Urban Honolulu is 100, which is the national average. This means the $84,120 salary has purchasing power equivalent to the national average, despite being lower than the national salary average for this role.
How many Business and Financial Operations jobs are there per 1,000 workers in Honolulu?
There are approximately 56.041 jobs per 1,000 workers in Business and Financial Operations Occupations in Urban Honolulu.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 24,850 employees in the Urban Honolulu, HI area with a job density of 56.041 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 Urban Honolulu, HI