Average Business and Financial Operations Occupations Salary in Wausau, WI
In Wausau, WI, professionals in Business and Financial Operations Occupations earn an average annual salary of $81,840. 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 Midwestern city. The specific pay rates are often influenced by the concentration of these roles and the overall economic landscape of the region.
Executive Summary
- Average Salary: $81,840 per year.
- Growth Trend: Salaries have shifted 25.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,250.
- Outlook: Wausau, WI supports a local workforce of 3,910 individuals within Business and Financial Operations Occupations. With a location quotient of 0.83, these roles are slightly less concentrated than the national average, indicating a stable but not exceptionally high demand. The presence of nearly 56 jobs per 1,000 workers suggests a consistent need for these professionals, underpinning a moderately robust job market.
Salary Overview
The average Business and Financial Operations Occupations in Wausau, WI earns-13.5%below the national average.
$39.4
$1,574
$6,820
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Wausau's Business and Financial Operations Occupations is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national economic recovery and increasing demand for financial expertise. This growth is typically driven by inflation, evolving industry needs, and the increasing complexity of financial management across businesses.
Business and Financial Operations Occupations Salary Distribution in Wausau, WI
Career progression within Business and Financial Operations Occupations in Wausau, WI, typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles, reflecting a substantial earning potential as one advances through junior, mid-level, and senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,700 | $23.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,380 | $29.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,880 | $36 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,300 | $49.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,250 | $59.7 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$81,840
Gross Pay
Real Wage (Purchasing Power)
$81,840
Adjusted for COL (100)
The average annual salary of $81,840 in Wausau, WI, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the salary in Wausau is comparable to the national average, offering a balanced financial environment for residents. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay offers similar lifestyle opportunities.
Job Market Context
3,910
Total Jobs
55.837
Per 1K Jobs
0.83
Location Quotient
Wausau, WI 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.
Wausau, WI, exhibits a location quotient of 0.83 for Business and Financial Operations Occupations, indicating that these roles are slightly less prevalent than the national average. This suggests a market that is neither oversaturated nor experiencing extreme scarcity. Professionals may find a competitive landscape with opportunities available, but perhaps fewer specialized roles compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Wausau, WI
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Wausau, WI?
The median annual salary for a Business and Financial Operations Occupations in Wausau, WI is $81,840. This typically ranges from $48,700 for entry-level positions to $124,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wausau, WI is 13.5% lower than the national median of $94,590.
Is Wausau, WI a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $81,840 is below the national average of $94,590, although the cost of living is on par with the national average.
Is Wausau, WI a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Wausau, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wausau, WI?
Some top paying nearby cities include South Central Wisconsin nonmetropolitan area ($76,470) and Northeastern Wisconsin nonmetropolitan area.
How does Wausau's salary compare to the national average for this field?
The average annual salary in Wausau, WI, is $81,840, which is lower than the national average of $94,590 for Business and Financial Operations Occupations.
What is the concentration of Business and Financial Operations jobs in Wausau?
Wausau has a location quotient of 0.83, meaning these occupations are slightly less concentrated than the national average, with approximately 55.84 jobs per 1,000 workers.
How does the cost of living in Wausau affect the salary?
Wausau's cost of living index is 100, which is the national average. This means the $81,840 salary has purchasing power equivalent to the national average, despite being lower in nominal terms.
What is the total number of Business and Financial Operations professionals in Wausau?
There are approximately 3,910 individuals employed in Business and Financial Operations Occupations within the Wausau, WI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,910 employees in the Wausau, WI area with a job density of 55.837 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 Wausau, WI