Average Business and Financial Operations Occupations Salary in Weirton-Steubenville, WV-OH
In Weirton-Steubenville, WV-OH, professionals in Business and Financial Operations Occupations earn an average annual salary of $69,490. This figure is notably below the national average of $94,590, suggesting that local market dynamics, industry concentration, and regional economic factors play a significant role in compensation levels within this sector.
Executive Summary
- Average Salary: $69,490 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,640.
- Outlook: The local market for Business and Financial Operations Occupations in Weirton-Steubenville, WV-OH, comprises 1,280 individuals. With a Location Quotient of 0.52, the concentration of these roles is below the national average, indicating a less specialized local demand compared to the broader U.S. landscape. The presence of approximately 34.622 jobs per 1,000 workers suggests a moderate but not dominant presence of these roles within the regional workforce.
Salary Overview
The average Business and Financial Operations Occupations in Weirton-Steubenville, WV-OH earns-26.5%below the national average.
$33.4
$1,336
$5,791
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Weirton-Steubenville is not provided, it is reasonable to assume that, similar to national trends, salaries for Business and Financial Operations Occupations have experienced gradual growth over the past four years. Economic recovery, inflation, and increasing demand for specialized financial and operational expertise likely contribute to upward pressure on wages, even in markets with below-average concentration.
Business and Financial Operations Occupations Salary Distribution in Weirton-Steubenville, WV-OH
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 extensive expertise and strategic oversight, command substantially higher compensation. The percentile gaps in salary distributions within this field clearly signify career progression, rewarding accumulated knowledge and proven performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,870 | $17.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,118 | $25.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,650 | $30.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,863 | $41.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $108,640 | $52.2 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$69,490
Gross Pay
Real Wage (Purchasing Power)
$69,490
Adjusted for COL (100)
The average annual salary of $69,490 in Weirton-Steubenville, WV-OH, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal income is lower than the national average, the purchasing power of this salary locally is equivalent to the national average, indicating a balanced economic environment where the lower salary is offset by stable living expenses.
Job Market Context
1,280
Total Jobs
34.622
Per 1K Jobs
0.52
Location Quotient
Weirton-Steubenville, WV-OH 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 Weirton-Steubenville, WV-OH, indicates that this sector is less concentrated locally than the national average. This suggests that while opportunities exist, the market may be less competitive in terms of the sheer number of specialized professionals vying for positions, potentially offering a different career trajectory compared to highly concentrated national hubs.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Wheeling, WV-OH Business and Financial Operations Occupations Salary | $73,490↑ 6% | 24 mi |
| Pittsburgh, PA Business and Financial Operations Occupations Salary | $83,840↑ 21% | 30 mi |
| Youngstown-Warren, OH Business and Financial Operations Occupations Salary | $73,120↑ 5% | 48 mi |
| Canton-Massillon, OH Business and Financial Operations Occupations Salary | $74,280↑ 7% | 50 mi |
| Morgantown, WV Business and Financial Operations Occupations Salary | $72,240↑ 4% | 62 mi |
Comparing salaries near Weirton-Steubenville, WV-OH
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Weirton-Steubenville, WV-OH?
The median annual salary for a Business and Financial Operations Occupations in Weirton-Steubenville, WV-OH is $69,490. This typically ranges from $35,870 for entry-level positions to $108,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Weirton-Steubenville, WV-OH is 26.5% lower than the national median of $94,590.
Is Weirton-Steubenville, WV-OH a lucrative place for Business and Financial Operations Occupationss?
No, not compared to the national average.The average salary of $69,490 is significantly lower than the national average of $94,590, although the cost of living is at the national average.
Is Weirton-Steubenville, WV-OH a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Weirton-Steubenville, WV-OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Weirton-Steubenville, WV-OH?
Some top paying nearby cities include Wheeling, WV-OH ($73,490) and Pittsburgh, PA.
How does the local workforce size impact salary?
A local workforce of 1,280 for Business and Financial Operations Occupations suggests a moderate-sized professional pool, which can influence salary levels based on supply and demand dynamics within the region.
What does a Location Quotient of 0.52 mean for job seekers?
A Location Quotient of 0.52 indicates that Business and Financial Operations Occupations are less prevalent in Weirton-Steubenville compared to the national average, potentially meaning fewer specialized roles but also less intense competition for those that do exist.
How does the Cost of Living Index affect the perceived salary?
With a Cost of Living Index of 100, the national average, the $69,490 salary in Weirton-Steubenville offers purchasing power equivalent to the national average, making the lower nominal salary more palatable.
Are there many Business and Financial Operations jobs per capita in Weirton-Steubenville?
With 34.622 jobs per 1,000 workers, the density of these roles is moderate, suggesting a steady but not overwhelming demand for Business and Financial Operations professionals in the Weirton-Steubenville area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,280 employees in the Weirton-Steubenville, WV-OH area with a job density of 34.622 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 Weirton-Steubenville, WV-OH