SalaryNode

Average All Occupations Salary in Southwest Oklahoma nonmetropolitan area

The average annual salary for All Occupations in the Southwest Oklahoma nonmetropolitan area stands at $50,250. This figure is notably below the national average of $67,140, reflecting the economic landscape and specific industry demands prevalent in this region. Factors such as industry concentration and local economic drivers typically influence regional salary benchmarks.

Executive Summary

  • Average Salary: $50,250 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $87,510.
  • Outlook: With a substantial local workforce of 62,410 individuals and a Location Quotient of 1.0, the job market for All Occupations in Southwest Oklahoma is stable and aligned with national employment patterns. The concentration indicates that the proportion of these jobs within the local economy mirrors the national average, suggesting a consistent demand that supports the existing workforce size.
2024 Market Data

Salary Overview

$50,250

The average All Occupations in Southwest Oklahoma nonmetropolitan area earns-25.2%below the national average.

BreakdownBased on 40h/week
Hourly

$24.2

Weekly

$966

Monthly

$4,188

All Occupations Salary Distribution in Southwest Oklahoma nonmetropolitan area

Salary progression for All Occupations in Southwest Oklahoma typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles command significantly higher compensation. The percentile gaps between these levels signify clear career progression pathways and the increasing value placed on expertise and tenure within the local job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$22,160$10.7
ExperiencedProficient professional working independently.25% (Junior)$37,688$18.1
Mid-LevelEstablished expert. Standard market value.50% (Median)$39,840$19.2
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$62,813$30.2
Top TierIndustry leader / Executive level compensation.90% (Expert)$87,510$42.1

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$50,250

Gross Pay

Real Wage (Purchasing Power)

$50,250

Adjusted for COL (100)

The nominal average salary of $50,250 in Southwest Oklahoma aligns directly with the national average Cost of Living Index of 100. This means that the purchasing power of the average salary in this region is comparable to the national average, suggesting that while the nominal pay is lower than the national average, the cost of essential goods and services remains on par.

Job Market Context

62,410

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Southwest 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 Southwest Oklahoma indicates that the concentration of these jobs within the region is precisely at the national average. This suggests a balanced job market where the demand for these roles is neither exceptionally high nor low compared to the rest of the country, implying a steady but not overly competitive employment environment.

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 14%69 mi
Enid, OK All Occupations Salary$49,660 1%78 mi

Comparing salaries near Southwest Oklahoma nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

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

The median annual salary for a All Occupations in Southwest Oklahoma nonmetropolitan area is $50,250. This typically ranges from $22,160 for entry-level positions to $87,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Oklahoma nonmetropolitan area is 25.2% lower than the national median of $67,140.

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

No, it is not exceptionally lucrative compared to the national average.The average salary of $50,250 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, making the purchasing power comparable.

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

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

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

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

How does the local salary compare to the national average?

The average salary for All Occupations in Southwest Oklahoma is $50,250, which is considerably less than the national average of $67,140.

What is the cost of living in Southwest Oklahoma?

The Cost of Living Index in Southwest Oklahoma is 100, which is exactly the national average.

How concentrated are All Occupations jobs in this region?

The Location Quotient is 1.0, meaning the concentration of All Occupations jobs is the same as the national average.

What is the total workforce size for All Occupations in this area?

There are 62,410 individuals employed in All Occupations within the Southwest Oklahoma nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 62,410 employees in the Southwest 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.