Average Business and Financial Operations Occupations Salary in Enid, OK
In Enid, OK, professionals in Business and Financial Operations Occupations earn an average annual salary of $73,120. This figure is notably below the national average of $94,590, reflecting regional economic factors and potentially a different industry focus within the local market. The specific economic landscape and demand for these specialized roles in Enid contribute to this salary differential.
Executive Summary
- Average Salary: $73,120 per year.
- Growth Trend: Salaries have shifted 14.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,210.
- Outlook: With a local workforce of 1,000 individuals in Business and Financial Operations Occupations and a Location Quotient of 0.63, the job market in Enid, OK, indicates a moderate concentration of these roles compared to the national average. While not a primary hub, the presence of 42.614 jobs per 1,000 workers suggests a stable, albeit less dense, demand for these professionals.
Salary Overview
The average Business and Financial Operations Occupations in Enid, OK earns-22.7%below the national average.
$35.2
$1,406
$6,093
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Enid is not provided, it is generally assumed that salaries for Business and Financial Operations Occupations have seen a consistent upward trend over the past four years, mirroring national economic growth and increasing demand for financial expertise. This growth is typically driven by inflation, evolving industry needs, and the increasing complexity of financial markets.
Business and Financial Operations Occupations Salary Distribution in Enid, OK
Salary progression within Business and Financial Operations Occupations in Enid, OK, is expected to follow a typical career trajectory. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, potentially reaching the higher percentiles. The gap between entry-level and senior roles signifies substantial career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,020 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,840 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,840 | $32.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,400 | $43.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,210 | $54.9 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$73,120
Gross Pay
Real Wage (Purchasing Power)
$73,120
Adjusted for COL (100)
The average annual salary of $73,120 in Enid, OK, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial environment for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
1,000
Total Jobs
42.614
Per 1K Jobs
0.63
Location Quotient
Enid, OK has 0.63x the national average concentration of Business and Financial Operations Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.63 for Business and Financial Operations Occupations in Enid, OK, suggests that these roles are less concentrated than the national average. This indicates that while opportunities exist, the market is not saturated, and professionals may face less direct competition compared to major metropolitan areas, potentially offering a unique advantage for skilled individuals.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Enid, OK
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Enid, OK?
The median annual salary for a Business and Financial Operations Occupations in Enid, OK is $73,120. This typically ranges from $36,020 for entry-level positions to $114,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Enid, OK is 22.7% lower than the national median of $94,590.
Is Enid, OK a lucrative place for Business and Financial Operations Occupationss?
No, not exceptionally lucrative compared to national standards.The average salary of $73,120 is below the national average, although the cost of living is on par, meaning purchasing power is equivalent to the national average.
Is Enid, OK a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Enid, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Enid, OK?
Some top paying nearby cities include Oklahoma City, OK ($80,330) and Southeast Oklahoma nonmetropolitan area.
How does Enid's salary for Business and Financial Operations compare to the national average?
The average salary in Enid, OK, is $73,120, which is lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Enid, OK?
The concentration, measured by the Location Quotient, is 0.63, indicating fewer of these jobs relative to the national average.
Does the cost of living in Enid affect the perceived salary?
No, the cost of living in Enid is exactly at the national average (100), meaning the $73,120 salary has the same purchasing power as the national average salary.
How many Business and Financial Operations jobs are there per 1,000 workers in Enid?
There are approximately 42.614 jobs per 1,000 workers in Business and Financial Operations Occupations in Enid, OK.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,000 employees in the Enid, OK area with a job density of 42.614 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business and Financial Operations Occupations Salaries by State
Top Jobs in Enid, OK
- All Occupations Salary in Enid, OK
- Transportation and Material Moving Occupations Salary in Enid, OK
- Office and Administrative Support Occupations Salary in Enid, OK
- Food Preparation and Serving Related Occupations Salary in Enid, OK
- Sales and Related Occupations Salary in Enid, OK
- Healthcare Practitioners and Technical Occupations Salary in Enid, OK
- Installation, Maintenance, and Repair Occupations Salary in Enid, OK
- Production Occupations Salary in Enid, OK
- Educational Instruction and Library Occupations Salary in Enid, OK
- Construction and Extraction Occupations Salary in Enid, OK
- Browse All Jobs in Enid, OK →
Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Enid, OK