Average Business Operations Specialists, All Other Salary in Durham-Chapel Hill, NC
Business Operations Specialists, All Other in the Durham-Chapel Hill, NC area earn an impressive average annual salary of $92,640. This figure slightly surpasses the national average of $92,000, indicating a strong local demand for these roles. The concentration of these specialists within the Research Triangle region likely contributes to this competitive compensation.
Executive Summary
- Average Salary: $92,640 per year.
- Growth Trend: Salaries have shifted 5.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $144,500.
- Outlook: The Durham-Chapel Hill region demonstrates a robust job market for Business Operations Specialists, All Other, with a total local workforce of 3,430. The Location Quotient of 1.37 signifies a higher concentration of these roles compared to the national average, suggesting a healthy and potentially growing demand for professionals in this field within the area.
Salary Overview
The average Business Operations Specialists, All Other in Durham-Chapel Hill, NC earns+0.7%above the national average.
$44.5
$1,782
$7,720
Business Operations Specialists, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Business Operations Specialists, All Other in Durham-Chapel Hill have experienced consistent growth over the past four years. Economic expansion, increasing demand for operational efficiency, and the general rise in compensation across many professional fields would typically drive an upward trend in average earnings for this role.
Business Operations Specialists, All Other Salary Distribution in Durham-Chapel Hill, NC
Salary progression for Business Operations Specialists, All Other in Durham-Chapel Hill, NC, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. The discernible gaps between salary percentiles highlight clear opportunities for career advancement and increased earning potential within this specialization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,130 | $24.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,480 | $33.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,210 | $39 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,800 | $55.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $144,500 | $69.5 |
Detailed Business Operations Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$92,640
Gross Pay
Real Wage (Purchasing Power)
$92,640
Adjusted for COL (100)
The nominal average annual salary of $92,640 in Durham-Chapel Hill, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for residents without the added pressure of a higher cost of living.
Job Market Context
3,430
Total Jobs
10.01
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Durham-Chapel Hill, NC has a slightly higher-than-average concentration of Business Operations Specialists, All Other roles compared to the national norm.
With a Location Quotient of 1.37, Business Operations Specialists, All Other are more concentrated in Durham-Chapel Hill, NC, than the national average. This suggests a specialized market where demand is notably higher relative to the general distribution of these roles across the country, potentially leading to more competitive job opportunities and favorable compensation.
Nearby Job Markets
Nearby Cities for Business Operations Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Raleigh-Cary, NC Business Operations Specialists, All Other Salary | $78,130↓ 16% | 18 mi |
| Burlington, NC Business Operations Specialists, All Other Salary | $74,610↓ 19% | 32 mi |
| Greensboro-High Point, NC Business Operations Specialists, All Other Salary | $78,950↓ 15% | 52 mi |
| Eastern North Carolina nonmetropolitan area Business Operations Specialists, All Other Salary | $76,620↓ 17% | 56 mi |
| Western North Carolina nonmetropolitan area Business Operations Specialists, All Other Salary | $66,040↓ 29% | 56 mi |
Comparing salaries near Durham-Chapel Hill, NC
Hiring Business Operations Specialists, All Others?
Frequently Asked Questions
How much does a Business Operations Specialists, All Other make in Durham-Chapel Hill, NC?
The median annual salary for a Business Operations Specialists, All Other in Durham-Chapel Hill, NC is $92,640. This typically ranges from $51,130 for entry-level positions to $144,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 0.7% higher than the national median of $92,000.
Is Durham-Chapel Hill, NC a lucrative place for Business Operations Specialists, All Others?
Yes, it is a lucrative location.The average salary of $92,640 slightly exceeds the national average, and the cost of living is on par with the national average, making it financially advantageous.
Is Durham-Chapel Hill, NC a good place to live for Business Operations Specialists, All Others?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($78,130) and Burlington, NC.
How does the local workforce size impact job prospects?
A local workforce of 3,430 indicates a substantial presence of Business Operations Specialists, All Other, suggesting a stable job market with ongoing opportunities for both new entrants and experienced professionals.
What does a Location Quotient of 1.37 mean for job seekers?
A Location Quotient of 1.37 signifies that Durham-Chapel Hill has a higher concentration of these specialists than the national average, indicating strong local demand and potentially more specialized career paths.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the $92,640 salary in Durham-Chapel Hill offers purchasing power equivalent to the national average, providing good financial stability.
Are there many Business Operations Specialist jobs per capita in Durham-Chapel Hill?
Yes, with 10.01 jobs per 1,000 workers, Durham-Chapel Hill shows a significant presence of Business Operations Specialist roles relative to its overall workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,430 employees in the Durham-Chapel Hill, NC area with a job density of 10.01 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 Operations Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Durham-Chapel Hill, NC