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



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Norwich-New London Labor Market Area (1Q 2019)
All Industry
Estimated employment		3,890
Mean wage		$37.16
Entry wage		$23.08
10th percentile wage		$20.68
50th percentile wage		$34.45
90th percentile wage		$57.03

Top Employing Industries
Industry	Employment Percent
Public Administration	750	19.2%
Professional and Business Services	670	17.2%
Trade, Transportation and Utilities	340	8.9%
Other Services	240	6.1%

Top Paying Industries
Industry	Employment Median Wage
Public Administration	750	$38.90
Professional and Business Services	670	$34.81
Construction	80	$34.75
Trade, Transportation and Utilities	340	$34.14

Business and Financial Operations Occupations (13-0000)


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$34.45		$34.45		$0.00
2018	$34.20	+.7%	$34.20	+.7%	$0.00
2017	$33.32	+2.6%	$33.32	+2.6%	$0.00
2016	$32.54	+2.4%	$32.54	+2.4%	$0.00
2015	$31.78	+2.4%	$31.78	+2.4%	$0.00
2014	$30.90	+2.9%	$30.90	+2.9%	$0.00
2013	$30.17	+2.4%	$30.17	+2.4%	$0.00
2012	$29.44	+2.5%	$29.44	+2.5%	$0.00
2011	$28.96	+1.7%	$28.96	+1.7%	$0.00
2010	$28.51	+1.6%	$28.51	+1.6%	$0.00
Year	This Occupation		Compared to All Occupations		Difference
Current	$34.45		$21.44		$13.01
2018	$34.20	+.7%	$21.25	+.9%	$12.95
2017	$33.32	+2.6%	$20.60	+3.1%	$12.71
2016	$32.54	+2.4%	$20.05	+2.8%	$12.48
2015	$31.78	+2.4%	$19.59	+2.3%	$12.19
2014	$30.90	+2.9%	$19.18	+2.1%	$11.72
2013	$30.17	+2.4%	$18.77	+2.2%	$11.40
2012	$29.44	+2.5%	$18.40	+2.1%	$11.04
2011	$28.96	+1.7%	$18.08	+1.7%	$10.88
2010	$28.51	+1.6%	$17.80	+1.6%	$10.71

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 2019

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