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Average Business Operations Specialists, All Other Salary in Akron, OH

In Akron, OH, Business Operations Specialists, All Other, earn an average annual salary of $68,990. This figure is notably below the national average of $92,000, suggesting that local market dynamics and potentially a lower cost of doing business influence compensation in this region. While the nominal salary is lower, understanding the local economic landscape is key to interpreting this figure.

Executive Summary

  • Average Salary: $68,990 per year.
  • Growth Trend: Salaries have shifted 5.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $112,010.
  • Outlook: With a local workforce of 1,580 Business Operations Specialists, All Other, and a jobs per 1,000 workers rate of 4.928, Akron presents a moderate employment landscape for this profession. The Location Quotient of 0.67 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market is not saturated, offering a stable environment for professionals.
2024 Market Data

Salary Overview

$68,990

The average Business Operations Specialists, All Other in Akron, OH earns-25.0%below the national average.

BreakdownBased on 40h/week
Hourly

$33.2

Weekly

$1,327

Monthly

$5,749

Business Operations Specialists, All Other Salary Distribution in Akron, OH

The salary spectrum for Business Operations Specialists, All Other, in Akron, OH, typically ranges from entry-level positions to senior roles. While the average stands at $68,990, experienced professionals can command significantly higher salaries. The percentile gaps between junior, mid-level, and senior specialists reflect the career progression and increased responsibilities associated with advancing in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,360$14.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$51,743$24.9
ManagerOversees team, compliance, and project delivery.50% (Median)$61,840$29.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$86,238$41.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$112,010$53.9

Detailed Business Operations Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$68,990

Gross Pay

Real Wage (Purchasing Power)

$68,990

Adjusted for COL (100)

The average annual salary of $68,990 in Akron, OH, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Akron-based Business Operations Specialist is theoretically equivalent to that of a specialist earning the national average in a location with average living expenses. Therefore, the nominal salary translates directly to the cost of maintaining a similar standard of living.

Job Market Context

1,580

Total Jobs

4.928

Per 1K Jobs

0.67

Location Quotient

Below Average

Akron, OH has 0.67x the national average concentration of Business Operations Specialists, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.67 for Business Operations Specialists, All Other, in Akron, OH, signifies that this profession is less concentrated locally than the national average. This suggests that while the demand for these roles is present, the supply of professionals may be relatively lower, potentially offering a competitive edge for skilled individuals entering or already established in the Akron market.

Nearby Job Markets

Hiring Business Operations Specialists, All Others?

Frequently Asked Questions

How much does a Business Operations Specialists, All Other make in Akron, OH?

The median annual salary for a Business Operations Specialists, All Other in Akron, OH is $68,990. This typically ranges from $29,360 for entry-level positions to $112,010 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 25.0% lower than the national median of $92,000.

Is Akron, OH a lucrative place for Business Operations Specialists, All Others?

No, not compared to the national average.The average salary of $68,990 is significantly lower than the national average of $92,000. However, the cost of living is also at the national average, meaning the nominal salary's purchasing power is maintained locally.

Is Akron, OH a good place to live for Business Operations Specialists, All Others?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($71,350) and Cleveland, OH.

How does the cost of living in Akron affect the salary?

Akron's Cost of Living Index is 100, which is the national average. This means that the $68,990 salary in Akron offers the same purchasing power as the national average salary in a location with average living costs.

What is the concentration of Business Operations Specialists in Akron?

The Location Quotient of 0.67 indicates that Business Operations Specialists, All Other, are less concentrated in Akron compared to the national average. This suggests a potentially less competitive market for these roles.

How many Business Operations Specialists work in Akron?

There are approximately 1,580 Business Operations Specialists, All Other, employed in Akron, OH, representing about 4.928 jobs per 1,000 workers in the local economy.

What is the difference between the local and national average salary for this role?

The average salary for Business Operations Specialists, All Other, in Akron, OH, is $68,990, which is $23,010 less than the national average of $92,000.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,580 employees in the Akron, OH area with a job density of 4.928 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.