SalaryNode

Average All Occupations Salary in Northwest Oklahoma nonmetropolitan area

In the Northwest Oklahoma nonmetropolitan area, the average annual salary for All Occupations stands at $49,960. This figure is notably lower than the national average of $67,140, reflecting the economic dynamics and potentially lower demand for certain roles prevalent in nonmetropolitan regions. Localized economic factors and industry concentrations significantly influence compensation levels compared to broader national trends.

Executive Summary

  • Average Salary: $49,960 per year.
  • Growth Trend: Salaries have shifted 12.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $83,680.
  • Outlook: With a substantial local workforce of 97,270 individuals and a Location Quotient of 1.0, the job market for All Occupations in Northwest Oklahoma nonmetropolitan area is stable and mirrors national concentration levels. The presence of 1000 jobs per 1,000 workers indicates a consistent demand that aligns with the national average, suggesting a steady employment landscape for a wide range of professions within this region.
2024 Market Data

Salary Overview

$49,960

The average All Occupations in Northwest Oklahoma nonmetropolitan area earns-25.6%below the national average.

BreakdownBased on 40h/week
Hourly

$24

Weekly

$961

Monthly

$4,163

All Occupations Salary Distribution in Northwest Oklahoma nonmetropolitan area

Salary progression in Northwest Oklahoma nonmetropolitan area for All Occupations typically follows a predictable path from entry-level to senior roles. While specific percentile data isn't available, it's reasonable to expect that individuals with more experience and specialized skills will command higher salaries, with significant gaps between entry-level and senior positions indicating clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$22,480$10.8
ExperiencedProficient professional working independently.25% (Junior)$37,470$18
Mid-LevelEstablished expert. Standard market value.50% (Median)$41,430$19.9
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$62,450$30
Top TierIndustry leader / Executive level compensation.90% (Expert)$83,680$40.2

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$49,960

Gross Pay

Real Wage (Purchasing Power)

$49,960

Adjusted for COL (100)

The nominal average annual salary of $49,960 in Northwest Oklahoma nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This suggests that, on average, the purchasing power of the local salary is equivalent to the national average, meaning that while nominal wages are lower, the cost of essential goods and services is also proportionally lower, creating a balanced economic environment for residents.

Job Market Context

97,270

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Northwest Oklahoma nonmetropolitan area has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1.0 for All Occupations in the Northwest Oklahoma nonmetropolitan area signifies that the concentration of these jobs is precisely at the national average. This indicates a balanced job market where the availability of these roles is neither exceptionally high nor low compared to the rest of the country, suggesting a stable and predictable employment environment without extreme competition or scarcity.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Oklahoma City, OK All Occupations Salary$58,140 16%34 mi
Tulsa, OK All Occupations Salary$57,250 15%69 mi
Enid, OK All Occupations Salary$49,660 1%78 mi

Comparing salaries near Northwest Oklahoma nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Northwest Oklahoma nonmetropolitan area?

The median annual salary for a All Occupations in Northwest Oklahoma nonmetropolitan area is $49,960. This typically ranges from $22,480 for entry-level positions to $83,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Oklahoma nonmetropolitan area is 25.6% lower than the national median of $67,140.

Is Northwest Oklahoma nonmetropolitan area a lucrative place for All Occupationss?

No, it is not considered a highly lucrative area for All Occupations.The average salary of $49,960 is significantly below the national average, and while the cost of living is also average, the lower nominal wage indicates less earning potential compared to national benchmarks.

Is Northwest Oklahoma nonmetropolitan area a good place to live for All Occupations?

The Cost of Living Index in Northwest Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Oklahoma nonmetropolitan area?

Some top paying nearby cities include Oklahoma City, OK ($58,140) and Tulsa, OK.

How does the average salary compare to the national average?

The average annual salary for All Occupations in Northwest Oklahoma nonmetropolitan area is $49,960, which is considerably lower than the national average of $67,140.

What is the significance of the Location Quotient being 1.0?

A Location Quotient of 1.0 means that the concentration of All Occupations jobs in this region is exactly the same as the national average, indicating a standard level of employment in these roles.

How does the cost of living affect the salary in this area?

With a Cost of Living Index of 100 (the national average), the $49,960 salary offers purchasing power equivalent to the national average, despite being a lower nominal wage.

What is the total workforce size in this region?

The Northwest Oklahoma nonmetropolitan area has a total workforce of 97,270 individuals, indicating a substantial labor pool for various occupations.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 97,270 employees in the Northwest Oklahoma nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.