Average Business and Financial Operations Occupations Salary in Wisconsin
In Wisconsin, professionals in Business and Financial Operations Occupations can expect an average annual salary of $84,130. This figure is notably below the national average of $94,590, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the state.
Executive Summary
- Average Salary: $84,130 per year.
- Growth Trend: Salaries have shifted 19.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,430.
- Outlook: Wisconsin boasts a substantial workforce of 184,610 individuals within Business and Financial Operations Occupations. With 63.149 jobs per 1,000 workers and a Location Quotient of 0.94, the market indicates a near-average concentration of these roles, suggesting a stable and consistently present demand for these professionals across the state's economy.
Salary Overview
The average Business and Financial Operations Occupations in Wisconsin earns-11.1%below the national average.
$40.5
$1,618
$7,011
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 Occupations in Wisconsin have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by increasing business complexity, evolving financial regulations, and the ongoing need for skilled professionals to manage and optimize operations.
Business and Financial Operations Occupations Salary Distribution in Wisconsin
Career progression within Business and Financial Operations Occupations in Wisconsin typically leads to significant salary increases. Entry-level positions may start at a lower percentile, but with accumulated experience and specialized skills, professionals can advance to senior roles commanding higher salaries, reflecting the increasing value and responsibility associated with expertise in financial analysis, strategic planning, and operational management.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,940 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,098 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,490 | $36.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,163 | $50.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,430 | $61.3 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$84,130
Gross Pay
Real Wage (Purchasing Power)
$91,545
Adjusted for COL (91.9)
The average annual salary of $84,130 in Wisconsin presents a favorable financial situation when considered against the state's Cost of Living Index of 91.9. This index, being below the national average of 100, indicates that the purchasing power of the local salary is likely higher than the nominal figure suggests, allowing for a comfortable standard of living.
Job Market Context
184,610
Total Jobs
63.149
Per 1K Jobs
0.94
Location Quotient
Wisconsin has 0.94x 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.
With a Location Quotient of 0.94, the market for Business and Financial Operations Occupations in Wisconsin is nearly on par with the national average in terms of concentration. This suggests a balanced job market where demand is present but not overwhelmingly concentrated, offering a competitive yet accessible landscape for both employers seeking talent and professionals seeking opportunities.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Wausau, WI Business and Financial Operations Occupations Salary | $81,840↓ 3% | 48 mi |
| Oshkosh-Neenah, WI Business and Financial Operations Occupations Salary | $82,540↓ 2% | 55 mi |
| Appleton, WI Business and Financial Operations Occupations Salary | $82,990↓ 1% | 61 mi |
| Fond du Lac, WI Business and Financial Operations Occupations Salary | $82,800↓ 2% | 68 mi |
| Green Bay, WI Business and Financial Operations Occupations Salary | $80,850↓ 4% | 82 mi |
Comparing salaries near Wisconsin
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Wisconsin?
The median annual salary for a Business and Financial Operations Occupations in Wisconsin is $84,130. This typically ranges from $47,940 for entry-level positions to $127,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wisconsin is 11.1% lower than the national median of $94,590.
Is Wisconsin a lucrative place for Business and Financial Operations Occupationss?
Yes, with a caveat.While the average salary of $84,130 is below the national average, Wisconsin's lower cost of living enhances the purchasing power of this income. The stable job market also offers consistent opportunities.
Is Wisconsin a good place to live for Business and Financial Operations Occupations?
With a Cost of Living Index of 91.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Wisconsin?
Some top paying nearby cities include Wausau, WI ($81,840) and Oshkosh-Neenah, WI.
How does Wisconsin's average salary compare to the national average for this field?
The average annual salary in Wisconsin for Business and Financial Operations Occupations is $84,130, which is approximately $10,460 less than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Wisconsin?
Wisconsin has a concentration of 0.94 for these occupations, indicating that the presence of these jobs is very close to the national average.
How does the cost of living in Wisconsin affect the salary?
With a Cost of Living Index of 91.9, Wisconsin is more affordable than the national average (100), meaning the $84,130 salary can provide a higher standard of living than the same amount might in a more expensive state.
What does 'Jobs per 1,000 Workers' signify for this role in Wisconsin?
The figure of 63.149 jobs per 1,000 workers suggests that for every thousand individuals employed in Wisconsin, approximately 63 are in Business and Financial Operations Occupations, indicating a solid presence of these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 184,610 employees in the Wisconsin area with a job density of 63.149 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 Wisconsin