Average Business and Financial Operations Occupations Salary in Williamsport, PA
In Williamsport, PA, professionals in Business and Financial Operations Occupations earn an average annual salary of $73,310. This figure is notably below the national average of $94,590, reflecting localized economic factors and industry demand specific to the region. The unique economic landscape of Williamsport influences compensation levels for these critical roles.
Executive Summary
- Average Salary: $73,310 per year.
- Growth Trend: Salaries have shifted 13.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,390.
- Outlook: With a local workforce of 1,950 individuals in Business and Financial Operations, and a Location Quotient of 0.58, the job market in Williamsport indicates a concentration below the national average. This suggests that while the sector is present, it is not as dominant as in other areas, implying a potentially stable but less intensely competitive environment for these roles.
Salary Overview
The average Business and Financial Operations Occupations in Williamsport, PA earns-22.5%below the national average.
$35.2
$1,410
$6,109
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Business and Financial Operations roles in markets like Williamsport have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of business operations.
Business and Financial Operations Occupations Salary Distribution in Williamsport, PA
Salary progression within Business and Financial Operations Occupations in Williamsport, as elsewhere, is significantly influenced by experience. Entry-level positions typically start at lower salary bands, while mid-career and senior roles command higher compensation. The percentile gaps between these levels underscore the substantial career advancement and earning potential available to experienced professionals in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,720 | $19.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,983 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,950 | $30.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,638 | $44.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $109,390 | $52.6 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$73,310
Gross Pay
Real Wage (Purchasing Power)
$73,310
Adjusted for COL (100)
The average annual salary of $73,310 in Williamsport aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a salary in Williamsport is equivalent to the national average, making the nominal salary figure a realistic representation of local economic conditions and affordability.
Job Market Context
1,950
Total Jobs
39.026
Per 1K Jobs
0.58
Location Quotient
Williamsport, PA has 0.58x 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 0.58 for Business and Financial Operations Occupations in Williamsport suggests that this sector is less concentrated than the national average. This indicates that while opportunities exist, the market is not saturated, potentially offering a balanced environment for job seekers and employers alike, with less intense competition compared to national hubs.
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Williamsport, PA?
The median annual salary for a Business and Financial Operations Occupations in Williamsport, PA is $73,310. This typically ranges from $39,720 for entry-level positions to $109,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Williamsport, PA is 22.5% lower than the national median of $94,590.
Is Williamsport, PA a lucrative place for Business and Financial Operations Occupations?
No, it is not as lucrative as the national average.The average salary of $73,310 is significantly lower than the national average of $94,590. However, the cost of living is on par with the national average, meaning the lower salary has equivalent purchasing power locally.
Is Williamsport, PA a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Williamsport, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Williamsport, PA?
Some top paying nearby cities include Northwestern Pennsylvania nonmetropolitan area ($68,930) and Central Pennsylvania nonmetropolitan area.
What is the average salary for Business and Financial Operations Occupations in Williamsport, PA?
The average annual salary for Business and Financial Operations Occupations in Williamsport, PA is $73,310.
How does the Williamsport salary compare to the national average?
The average salary in Williamsport ($73,310) is lower than the national average ($94,590) for Business and Financial Operations Occupations.
What is the Cost of Living Index in Williamsport, PA?
The Cost of Living Index in Williamsport, PA is 100, which is the same as the national average.
How concentrated are Business and Financial Operations jobs in Williamsport compared to the nation?
With a Location Quotient of 0.58, Business and Financial Operations jobs are less concentrated in Williamsport than 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 1,950 employees in the Williamsport, PA area with a job density of 39.026 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 Williamsport, PA