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



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New Haven LMA (1Q 2020)
All Industry
Estimated employment		11,170
Mean wage		$38.46
Entry wage		$23.45
10th percentile wage		$21.13
50th percentile wage		$35.45
90th percentile wage		$59.08

Top Employing Industries
Industry	Employment Percent
Professional and Business Services	2,980	26.7%
Education and Health Services	2,000	17.9%
Financial Activities	1,950	17.5%
Trade, Transportation,, and Utilities	1,060	9.5%

Top Paying Industries
Industry	Employment Median Wage
Information	360	42.68
Public Administration	770	38.94
Financial Activities	1,950	37.79
Education and Health Services	2,000	37.44

Business and Financial Operations Occupations (13-0000)


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$35.45		$35.45		$0.00
2019	$34.29	+3.4%	$34.29	+3.4%	$0.00
2018	$33.40	+2.6%	$33.40	+2.6%	$0.00
2017	$32.62	+2.4%	$32.62	+2.4%	$0.00
2016	$31.86	+2.4%	$31.86	+2.4%	$0.00
2015	$30.98	+2.9%	$30.98	+2.9%	$0.00
2014	$30.25	+2.4%	$30.25	+2.4%	$0.00
2013	$29.52	+2.5%	$29.52	+2.5%	$0.00
2012	$29.04	+1.7%	$29.04	+1.7%	$0.00
2011	$28.58	+1.6%	$28.58	+1.6%	$0.00
Year	This Occupation		Compared to All Occupations		Difference
Current	$35.45		$22.67		$12.78
2019	$34.29	+3.4%	$21.75	+4.2%	$12.54
2018	$33.40	+2.6%	$21.09	+3.1%	$12.32
2017	$32.62	+2.4%	$20.52	+2.8%	$12.10
2016	$31.86	+2.4%	$20.05	+2.3%	$11.81
2015	$30.98	+2.9%	$19.63	+2.1%	$11.35
2014	$30.25	+2.4%	$19.21	+2.2%	$11.03
2013	$29.52	+2.5%	$18.83	+2.1%	$10.69
2012	$29.04	+1.7%	$18.50	+1.7%	$10.53
2011	$28.58	+1.6%	$18.21	+1.6%	$10.37

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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