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Average Business Operations Specialists, All Other Salary in Lexington-Fayette, KY

In Lexington-Fayette, KY, Business Operations Specialists, All Other, earn an average annual salary of $82,490. This figure is notably below the national average of $92,000, reflecting localized economic factors and demand within the region. The specific pay scale in Lexington-Fayette is influenced by the concentration of these roles and the overall economic landscape of the area.

Executive Summary

  • Average Salary: $82,490 per year.
  • Growth Trend: Salaries have shifted 17.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,030.
  • Outlook: The job market for Business Operations Specialists, All Other, in Lexington-Fayette, KY, shows a moderate presence with a total local workforce of 870 individuals in this category. The Location Quotient of 0.42 indicates that these roles are less concentrated here compared to the national average, suggesting a potentially less saturated but also less specialized market. With 3.068 jobs per 1,000 workers, the demand is present but not overwhelmingly high, indicating a stable rather than rapidly expanding job environment.
2024 Market Data

Salary Overview

$82,490

The average Business Operations Specialists, All Other in Lexington-Fayette, KY earns-10.3%below the national average.

BreakdownBased on 40h/week
Hourly

$39.7

Weekly

$1,586

Monthly

$6,874

Business Operations Specialists, All Other Salary Distribution in Lexington-Fayette, KY

Salary progression for Business Operations Specialists, All Other, typically correlates strongly with experience and demonstrated expertise. Entry-level positions will naturally command lower salaries, while seasoned professionals with a proven track record in optimizing business processes, managing projects, and implementing strategic initiatives can expect significantly higher compensation. The percentile gaps in salary data, though not detailed here, generally signify the career trajectory from junior to senior operational roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,110$24.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$61,868$29.7
ManagerOversees team, compliance, and project delivery.50% (Median)$79,200$38.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$103,113$49.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$123,030$59.1

Detailed Business Operations Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$82,490

Gross Pay

Real Wage (Purchasing Power)

$82,490

Adjusted for COL (100)

The average annual salary of $82,490 in Lexington-Fayette, KY, aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Business Operations Specialist's salary in this region is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary effectively translates to a comparable standard of living.

Job Market Context

870

Total Jobs

3.068

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Lexington-Fayette, KY has a notably lower concentration of Business Operations Specialists, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.42 for Business Operations Specialists, All Other, in Lexington-Fayette, KY, signifies that this profession is less concentrated in the area compared to the national average. This suggests that the job market may be less competitive, with fewer specialists vying for available positions. However, it also implies that the demand for these roles might be more niche, and employers may have a wider pool of talent to choose from if they are seeking specific skill sets.

Nearby Job Markets

Nearby Cities for Business Operations Specialists, All Other

CitySalaryDist.
Central Kentucky nonmetropolitan area Business Operations Specialists, All Other Salary$75,240↓ 9%28 mi
South Central Kentucky nonmetropolitan area Business Operations Specialists, All Other Salary$69,610↓ 16%28 mi
West Kentucky nonmetropolitan area Business Operations Specialists, All Other Salary$73,360↓ 11%28 mi
East Kentucky nonmetropolitan area Business Operations Specialists, All Other Salary$70,080↓ 15%28 mi
Louisville/Jefferson County, KY-IN Business Operations Specialists, All Other Salary$81,300↓ 1%72 mi

Comparing salaries near Lexington-Fayette, KY

Hiring Business Operations Specialists, All Others?

Frequently Asked Questions

How much does a Business Operations Specialists, All Other make in Lexington-Fayette, KY?

The median annual salary for a Business Operations Specialists, All Other in Lexington-Fayette, KY is $82,490. This typically ranges from $50,110 for entry-level positions to $123,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 10.3% lower than the national median of $92,000.

Is Lexington-Fayette, KY a lucrative place for Business Operations Specialists, All Others?

No, not exceptionally lucrative compared to the national average.The average salary of $82,490 is below the national average of $92,000, although the cost of living is on par with the national average.

Is Lexington-Fayette, KY a good place to live for Business Operations Specialists, All Others?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($75,240) and South Central Kentucky nonmetropolitan area.

How does the Lexington-Fayette salary compare to the national average?

The average annual salary for Business Operations Specialists, All Other, in Lexington-Fayette, KY, is $82,490, which is approximately $9,510 less than the national average of $92,000.

What is the concentration of Business Operations Specialists in Lexington-Fayette, KY?

The concentration, measured by the Location Quotient, is 0.42, indicating that this profession is less prevalent in Lexington-Fayette compared to the national average.

How does the cost of living affect the salary in Lexington-Fayette, KY?

With a Cost of Living Index of 100, the local cost of living matches the national average, meaning the $82,490 salary offers a purchasing power equivalent to the national average salary in a national average cost of living area.

What does the number of jobs per 1,000 workers suggest about the market?

There are 3.068 jobs per 1,000 workers in this field in Lexington-Fayette, KY, suggesting a steady but not exceptionally high demand for Business Operations Specialists.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the Lexington-Fayette, KY area with a job density of 3.068 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Business Operations Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY