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



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Hartford LMA (1Q 2018)
All Industry
Estimated employment		37,470
Mean wage		$39.57
Entry wage		$24.35
10th percentile wage		$22.14
50th percentile wage		$36.57
90th percentile wage		$57.58

Top Employing Industries
Industry	Employment / Percent
Financial Activities	14,640	39.1%
Professional and Business Services	7,230	19.3%
Education and Health Services	3,090	8.3%
Manufacturing	2,810	7.5%

Top Paying Industries
Industry	Employment / Median Wage
Public Administration	1,560	$39.31
Financial Activities	14,640	$38.19
Manufacturing	2,810	$37.80
Construction	640	$36.64

Business and Financial Operations Occupations (13-0000)


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$36.57		$36.57		$0.00
2017	$36.19	+1.1%	$36.19	+1.1%	$0.00
2016	$35.34	+2.4%	$35.34	+2.4%	$0.00
2015	$34.52	+2.4%	$34.52	+2.4%	$0.00
2014	$33.56	+2.9%	$33.56	+2.9%	$0.00
2013	$32.77	+2.4%	$32.77	+2.4%	$0.00
2012	$31.97	+2.5%	$31.97	+2.5%	$0.00
2011	$31.46	+1.7%	$31.46	+1.7%	$0.00
2010	$30.96	+1.6%	$30.96	+1.6%	$0.00
2009	$30.31	+2.2%	$30.31	+2.2%	$0.00
Year	This Occupation		Compared to All Occupations		Difference
Current	$36.57		$23.62		$12.95
2017	$36.19	+1.1%	$23.37	+1.1%	$12.82
2016	$35.34	+2.4%	$22.74	+2.8%	$12.60
2015	$34.52	+2.4%	$22.22	+2.3%	$12.29
2014	$33.56	+2.9%	$21.76	+2.1%	$11.80
2013	$32.77	+2.4%	$21.29	+2.2%	$11.47
2012	$31.97	+2.5%	$20.86	+2.1%	$11.11
2011	$31.46	+1.7%	$20.51	+1.7%	$10.95
2010	$30.96	+1.6%	$20.18	+1.6%	$10.78
2009	$30.31	+2.2%	$19.84	+1.7%	$10.46

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 2018

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