Business and Financial Operations Occupations
SOC 13-0000 • View wages by state
The median annual wage for Business and Financial Operations Occupations is $79,050, based on BLS OEWS 2023 data. The mean annual wage is $90,580, and an estimated 10,087,830 workers are employed in this occupation nationally. Between 2020 and 2023, pay rose +9.4% while consumer prices rose 17.7% — a real change of -7.1% (pay did not keep up with inflation).
Wage Trend & Inflation Adjustment
How the national median wage for Business and Financial Operations Occupations has moved across BLS OEWS release years, and what each year's wage is worth in 2023 dollars after adjusting for CPI inflation. "Real" change strips out inflation — the truest measure of whether pay is actually rising.
| Year | Median (nominal) | In 2023 $ (real) | Employment |
|---|---|---|---|
| 2023 | $79,050 | $79,050 | 10,087,830 |
| 2022 | $76,850 | $80,013 | 9,677,720 |
| 2021 | $76,570 | $86,102 | 9,053,790 |
| 2020 | $72,250 | $85,061 | 8,387,490 |
Nominal change
+9.4%
Inflation (CPI)
+17.7%
Real change
-7.1%
Highest-Paying Areas (2023)
Where Business and Financial Operations Occupations earn the most, and how each area's median compares to the national median of $79,050. A positive premium means the area pays above the national rate.
| Area | Median Annual | vs National | Employment |
|---|---|---|---|
| District of Columbia | $103,360 | +30.8% | 113,680 |
| New York | $97,440 | +23.3% | 710,180 |
| New Jersey | $94,860 | +20% | 281,180 |
| Massachusetts | $89,800 | +13.6% | 283,580 |
| Maryland | $89,070 | +12.7% | 225,210 |
| Washington | $88,590 | +12.1% | 286,980 |
| California | $87,880 | +11.2% | 1,210,190 |
| Northeast Virginia nonmetropolitan area | $87,150 | +10.2% | 3,230 |
| Virginia | $85,030 | +7.6% | 385,000 |
| Connecticut | $83,510 | +5.6% | 101,640 |
Wage Distribution (National, 2023)
10th, 25th, 50th (median), 75th, and 90th percentile annual wages from BLS OEWS — the full spread, not just an average.
10th Pct
$45,480
25th Pct
$59,590
Median
$79,050
75th Pct
$105,360
90th Pct
$140,490
Related Occupations in Business & Financial Operations
Other occupations in the same SOC major group, ranked by national median wage.
All Business & Financial Operations occupations →