Average Business and Financial Operations Occupations Salary in Victoria, TX
In Victoria, TX, professionals in Business and Financial Operations Occupations earn an average annual salary of $73,740. This figure is notably below the national average of $94,590, indicating that local market dynamics and industry concentration play a significant role in compensation levels within this Texas region.
Executive Summary
- Average Salary: $73,740 per year.
- Growth Trend: Salaries have shifted 0.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,220.
- Outlook: Victoria, TX, supports a local workforce of 1,340 individuals within Business and Financial Operations Occupations. With a Location Quotient of 0.52, this sector is less concentrated than the national average, suggesting a moderate but potentially stable job market. The presence of 34.909 jobs per 1,000 workers indicates a consistent demand for these roles within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Victoria, TX earns-22.0%below the national average.
$35.5
$1,418
$6,145
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Victoria, TX is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial expertise, and the evolving complexity of business operations.
Business and Financial Operations Occupations Salary Distribution in Victoria, TX
Salary progression within Business and Financial Operations Occupations in Victoria, TX, is expected to follow a typical trajectory, with entry-level positions commanding lower salaries and senior roles with extensive experience earning significantly more. The percentile gaps between these levels signify clear career advancement opportunities and the increasing value placed on specialized skills and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,320 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,305 | $26.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,810 | $30.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,175 | $44.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,220 | $58.8 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$73,740
Gross Pay
Real Wage (Purchasing Power)
$73,740
Adjusted for COL (100)
The nominal average salary of $73,740 in Victoria, TX, aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income locally is comparable to the national standard, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
1,340
Total Jobs
34.909
Per 1K Jobs
0.52
Location Quotient
Victoria, TX has 0.52x 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 0.52 for Business and Financial Operations Occupations in Victoria, TX, indicates that this sector is less prevalent locally compared to the national average. This suggests that while opportunities exist, the market may be less competitive for job seekers, potentially offering a more favorable environment for those with relevant skills seeking employment.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Corpus Christi, TX Business and Financial Operations Occupations Salary | $77,810↑ 6% | 80 mi |
| San Antonio-New Braunfels, TX Business and Financial Operations Occupations Salary | $83,240↑ 13% | 100 mi |
Comparing salaries near Victoria, TX
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Victoria, TX?
The median annual salary for a Business and Financial Operations Occupations in Victoria, TX is $73,740. This typically ranges from $39,320 for entry-level positions to $122,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Victoria, TX is 22.0% lower than the national median of $94,590.
Is Victoria, TX a lucrative place for Business and Financial Operations Occupationss?
No, not when compared to national averages.The average salary of $73,740 is significantly lower than the national average of $94,590. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Victoria, TX a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Victoria, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Victoria, TX?
Some top paying nearby cities include Corpus Christi, TX ($77,810) and San Antonio-New Braunfels, TX.
What is the average salary for Business and Financial Operations Occupations in Victoria, TX?
The average annual salary for Business and Financial Operations Occupations in Victoria, TX is $73,740.
How does Victoria, TX compare to the national average salary for this field?
The average salary in Victoria, TX ($73,740) is lower than the national average of $94,590.
What is the concentration of Business and Financial Operations Occupations in Victoria, TX?
The concentration, measured by the Location Quotient, is 0.52, which is below the national average of 1.0.
How does the cost of living in Victoria, TX affect the salary?
Victoria, TX has a Cost of Living Index of 100, which is the national average. This means the $73,740 salary has purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,340 employees in the Victoria, TX area with a job density of 34.909 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 Victoria, TX