Business and Financial Operations Occupations (13-0000) in Danbury Labor Market Area



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Danbury LMA (1Q 2020)
All Industry
Estimated employment		3,170
Mean wage		$37.57
Entry wage		$22.54
10th percentile wage		$20.46
50th percentile wage		$32.81
90th percentile wage		$59.20

Top Employing Industries
Industry	Employment Percent
Professional and Business Services	1,140	36.0%
Manufacturing	430	13.5%
Financial Activities	300	9.3%
Trade, Transportation,, and Utilities	260	8.4%

Top Paying Industries
Industry	Employment Median Wage
Manufacturing	430	39.67
Education and Health Services	210	39.53
Public Administration	130	36.13
Financial Activities	300	35.85

Business and Financial Operations Occupations (13-0000)


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$32.81		$32.81		$0.00
2019	$31.74	+3.4%	$31.74	+3.4%	$0.00
2018	$30.92	+2.6%	$30.92	+2.6%	$0.00
2017	$30.19	+2.4%	$30.19	+2.4%	$0.00
2016	$29.49	+2.4%	$29.49	+2.4%	$0.00
2015	$28.67	+2.9%	$28.67	+2.9%	$0.00
2014	$28.00	+2.4%	$28.00	+2.4%	$0.00
2013	$27.32	+2.5%	$27.32	+2.5%	$0.00
2012	$26.87	+1.7%	$26.87	+1.7%	$0.00
2011	$26.45	+1.6%	$26.45	+1.6%	$0.00
Year	This Occupation		Compared to All Occupations		Difference
Current	$32.81		$21.91		$10.90
2019	$31.74	+3.4%	$21.02	+4.2%	$10.71
2018	$30.92	+2.6%	$20.38	+3.1%	$10.54
2017	$30.19	+2.4%	$19.83	+2.8%	$10.36
2016	$29.49	+2.4%	$19.38	+2.3%	$10.11
2015	$28.67	+2.9%	$18.98	+2.1%	$9.70
2014	$28.00	+2.4%	$18.57	+2.2%	$9.43
2013	$27.32	+2.5%	$18.20	+2.1%	$9.12
2012	$26.87	+1.7%	$17.88	+1.7%	$8.99
2011	$26.45	+1.6%	$17.60	+1.6%	$8.85

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2020

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