Business and Financial Operations Occupations (13-0000) in Norwich-New London Labor Market Area



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Norwich-New London LMA (1Q 2018)
All Industry
Estimated employment		4,090
Mean wage		$35.75
Entry wage		$22.02
10th percentile wage		$19.62
50th percentile wage		$33.38
90th percentile wage		$54.47

Top Employing Industries
Industry	Employment / Percent
Public Administration	710	17.4%
Professional and Business Services	630	15.4%
Education and Health Services	410	10.0%
Leisure and Hospitality	370	9.0%

Top Paying Industries
Industry	Employment / Median Wage
Public Administration	710	$38.21
Construction	100	$34.80
Trade, Transportation,, and Utilities	300	$34.54
Professional and Business Services	630	$33.73

Business and Financial Operations Occupations (13-0000


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$33.38		$33.38		$0.00
2017	$33.03	+1.1%	$33.03	+1.1%	$0.00
2016	$32.26	+2.4%	$32.26	+2.4%	$0.00
2015	$31.51	+2.4%	$31.51	+2.4%	$0.00
2014	$30.63	+2.9%	$30.63	+2.9%	$0.00
2013	$29.91	+2.4%	$29.91	+2.4%	$0.00
2012	$29.19	+2.5%	$29.19	+2.5%	$0.00
2011	$28.71	+1.7%	$28.71	+1.7%	$0.00
2010	$28.26	+1.6%	$28.26	+1.6%	$0.00
2009	$27.66	+2.2%	$27.66	+2.2%	$0.00
Year	This Occupation		Compared to All Occupations		Difference
Current	$33.38		$19.74		$13.64
2017	$33.03	+1.1%	$19.53	+1.1%	$13.50
2016	$32.26	+2.4%	$19.01	+2.8%	$13.25
2015	$31.51	+2.4%	$18.57	+2.3%	$12.93
2014	$30.63	+2.9%	$18.18	+2.1%	$12.45
2013	$29.91	+2.4%	$17.80	+2.2%	$12.11
2012	$29.19	+2.5%	$17.44	+2.1%	$11.75
2011	$28.71	+1.7%	$17.14	+1.7%	$11.57
2010	$28.26	+1.6%	$16.87	+1.6%	$11.39
2009	$27.66	+2.2%	$16.58	+1.7%	$11.08

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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