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



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Waterbury LMA (1Q 2020)
All Industry
Estimated employment		1,750
Mean wage		$35.40
Entry wage		$21.68
10th percentile wage		$19.59
50th percentile wage		$31.62
90th percentile wage		$52.42

Top Employing Industries
Industry	Employment Percent
Professional and Business Services	450	25.6%
Financial Activities	280	16.0%
Education and Health Services	270	15.4%
Trade, Transportation,, and Utilities	210	12.1%

Top Paying Industries
Industry	Employment Median Wage
Public Administration	190	38.50
Professional and Business Services	450	34.29
Financial Activities	280	33.86
Manufacturing	120	31.84

Business and Financial Operations Occupations (13-0000)


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$31.62		$31.62		$0.00
2019	$30.58	+3.4%	$30.58	+3.4%	$0.00
2018	$29.80	+2.6%	$29.80	+2.6%	$0.00
2017	$29.10	+2.4%	$29.10	+2.4%	$0.00
2016	$28.42	+2.4%	$28.42	+2.4%	$0.00
2015	$27.63	+2.9%	$27.63	+2.9%	$0.00
2014	$26.98	+2.4%	$26.98	+2.4%	$0.00
2013	$26.33	+2.5%	$26.33	+2.5%	$0.00
2012	$25.90	+1.7%	$25.90	+1.7%	$0.00
2011	$25.49	+1.6%	$25.49	+1.6%	$0.00
Year	This Occupation		Compared to All Occupations		Difference
Current	$31.62		$20.62		$11.00
2019	$30.58	+3.4%	$19.78	+4.2%	$10.80
2018	$29.80	+2.6%	$19.18	+3.1%	$10.62
2017	$29.10	+2.4%	$18.67	+2.8%	$10.43
2016	$28.42	+2.4%	$18.24	+2.3%	$10.18
2015	$27.63	+2.9%	$17.86	+2.1%	$9.77
2014	$26.98	+2.4%	$17.48	+2.2%	$9.50
2013	$26.33	+2.5%	$17.12	+2.1%	$9.20
2012	$25.90	+1.7%	$16.83	+1.7%	$9.07
2011	$25.49	+1.6%	$16.57	+1.6%	$8.93

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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