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Average Business Operations Specialists, All Other Salary in Monroe, LA

In Monroe, LA, Business Operations Specialists, All Other earn an average annual salary of $62,670. This figure is notably below the national average of $92,000, reflecting localized economic conditions and demand specific to the Monroe area. Factors such as the regional job market and the cost of doing business in Louisiana contribute to this pay differential.

Executive Summary

  • Average Salary: $62,670 per year.
  • Growth Trend: Salaries have shifted 5.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $99,700.
  • Outlook: With a local workforce of 560 individuals in this role and a Location Quotient of 0.87, the market for Business Operations Specialists, All Other in Monroe indicates a stable, albeit slightly below-national-average concentration. This suggests a consistent, but not rapidly expanding, demand for these professionals within the local economy.
2024 Market Data

Salary Overview

$62,670

The average Business Operations Specialists, All Other in Monroe, LA earns-31.9%below the national average.

BreakdownBased on 40h/week
Hourly

$30.1

Weekly

$1,205

Monthly

$5,223

Business Operations Specialists, All Other Salary Distribution in Monroe, LA

Salary progression for Business Operations Specialists, All Other typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles with extensive experience and proven track records can command significantly higher salaries, often reaching well into the upper percentiles of the $62,670 average.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,450$16.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$47,003$22.6
ManagerOversees team, compliance, and project delivery.50% (Median)$52,930$25.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$78,338$37.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$99,700$47.9

Detailed Business Operations Specialists, All Other Market Analysis

Relocation Context

Nominal Salary

$62,670

Gross Pay

Real Wage (Purchasing Power)

$62,670

Adjusted for COL (100)

The average salary of $62,670 in Monroe, LA aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary within Monroe is equivalent to the national average, making it a neutral factor for relocation from a cost perspective.

Job Market Context

560

Total Jobs

6.386

Per 1K Jobs

0.87

Location Quotient

Below Average

Monroe, LA has 0.87x 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.

A Location Quotient of 0.87 suggests that Business Operations Specialists, All Other are slightly less concentrated in Monroe, LA compared to the national average. This indicates a moderate level of competition and availability, where the market is neither oversaturated nor experiencing a severe shortage of talent for this specific occupation.

Nearby Job Markets

Hiring Business Operations Specialists, All Others?

Frequently Asked Questions

How much does a Business Operations Specialists, All Other make in Monroe, LA?

The median annual salary for a Business Operations Specialists, All Other in Monroe, LA is $62,670. This typically ranges from $33,450 for entry-level positions to $99,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Monroe, LA is 31.9% lower than the national median of $92,000.

Is Monroe, LA a lucrative place for Business Operations Specialists, All Others?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the salary of $62,670 is significantly lower than the national average of $92,000, indicating less financial upside for this specific role.

Is Monroe, LA a good place to live for Business Operations Specialists, All Others?

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

Where are the highest paying cities near Monroe, LA?

Some top paying nearby cities include Alexandria, LA ($71,120) and Southwest Louisiana nonmetropolitan area.

How does the number of jobs per 1,000 workers compare nationally?

With 6.386 jobs per 1,000 workers, Monroe, LA has a slightly lower density of Business Operations Specialists, All Other compared to the national average, suggesting a more specialized local demand.

What does a Location Quotient of 0.87 mean for job seekers?

A Location Quotient of 0.87 implies that this profession is slightly less common in Monroe than nationally. This could mean fewer opportunities but potentially less competition for those roles that do exist.

How does the Cost of Living in Monroe affect salary perception?

With a Cost of Living Index of 100, Monroe's living expenses are on par with the national average. Therefore, the $62,670 salary offers average purchasing power locally.

What is the total number of Business Operations Specialists, All Other in Monroe?

There are approximately 560 Business Operations Specialists, All Other employed in Monroe, LA, representing the total local workforce for this category.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Monroe, LA area with a job density of 6.386 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.