In the Northeast Oklahoma nonmetropolitan area, professionals in Business and Financial Operations Occupations earn an average annual salary of $75,980. This figure is notably below the national average of $94,590, reflecting regional economic factors and a potentially different demand structure. The specific economic landscape of this nonmetropolitan region influences compensation levels for these critical roles.
Executive Summary
- Average Salary: $75,980 per year.
- Growth Trend: Salaries have shifted 17.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,710.
- Outlook: With a local workforce of 6,200 individuals in Business and Financial Operations, this sector represents a significant portion of the regional employment. The location quotient of 0.79 suggests that while these roles are present, they are not as concentrated as the national average, indicating a stable but not overly saturated job market. This balance points to consistent demand for skilled professionals in the area.
Salary Overview
The average Business and Financial Operations Occupations in Northeast Oklahoma nonmetropolitan area earns-19.7%below the national average.
$36.5
$1,461
$6,332
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Business and Financial Operations Occupations have seen gradual growth over the past four years, mirroring national trends. Economic development and evolving business needs in Northeast Oklahoma likely contribute to a steady, albeit potentially modest, upward trajectory in compensation for these roles.
Business and Financial Operations Occupations Salary Distribution in Northeast Oklahoma nonmetropolitan area
Career progression within Business and Financial Operations Occupations typically involves a significant salary increase with experience. Entry-level positions might start considerably lower than the average, while senior roles, such as financial managers or chief financial officers, can command salaries well above the $75,980 mark. The percentile gaps in salary distribution clearly signify the rewards of accumulating expertise and taking on greater responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,420 | $19 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,985 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,950 | $32.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,975 | $45.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,710 | $56.6 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$75,980
Gross Pay
Real Wage (Purchasing Power)
$75,980
Adjusted for COL (100)
The average annual salary of $75,980 in Northeast Oklahoma nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that, on average, your earnings will have the same purchasing power as they would in a typical U.S. location. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home value of this salary is relatively stable.
Job Market Context
6,200
Total Jobs
52.902
Per 1K Jobs
0.79
Location Quotient
Northeast Oklahoma nonmetropolitan area has 0.79x 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.
A location quotient of 0.79 indicates that Business and Financial Operations Occupations are slightly less concentrated in Northeast Oklahoma nonmetropolitan areas compared to the national average. This suggests that while the job market is present and functional, it may not be as robust or competitive as in larger metropolitan hubs. Professionals may find a steady stream of opportunities without the intense competition often seen in areas with a higher concentration of these roles.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Business and Financial Operations Occupations Salary | $80,330↑ 6% | 34 mi |
| Tulsa, OK Business and Financial Operations Occupations Salary | $79,630↑ 5% | 69 mi |
| Enid, OK Business and Financial Operations Occupations Salary | $73,120↓ 4% | 78 mi |
Comparing salaries near Northeast Oklahoma nonmetropolitan area
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Northeast Oklahoma nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Northeast Oklahoma nonmetropolitan area is $75,980. This typically ranges from $39,420 for entry-level positions to $117,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Oklahoma nonmetropolitan area is 19.7% lower than the national median of $94,590.
Is Northeast Oklahoma nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not compared to the national average.The average salary of $75,980 is significantly lower than the national average of $94,590. However, the cost of living is also at the national average, meaning the purchasing power of the salary is maintained.
Is Northeast Oklahoma nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Northeast Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Oklahoma nonmetropolitan area?
Some top paying nearby cities include Oklahoma City, OK ($80,330) and Tulsa, OK.
What is the total number of Business and Financial Operations professionals in Northeast Oklahoma nonmetropolitan area?
There are approximately 6,200 individuals employed in Business and Financial Operations Occupations within the Northeast Oklahoma nonmetropolitan area.
How does the concentration of these jobs compare to the national average?
The location quotient of 0.79 indicates that these jobs are slightly less concentrated in this region compared to the national average, suggesting a moderately available job market.
What does a Cost of Living Index of 100 mean for this region?
A Cost of Living Index of 100 signifies that the overall cost of goods and services in Northeast Oklahoma nonmetropolitan area is the same as the national average.
How many jobs per 1,000 workers are in Business and Financial Operations in this area?
There are approximately 52.902 jobs per 1,000 workers within the Business and Financial Operations sector in Northeast 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 6,200 employees in the Northeast Oklahoma nonmetropolitan area area with a job density of 52.902 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Business and Financial Operations Occupations • Data source: BLS OEWS 2024 •Jobs in Northeast Oklahoma nonmetropolitan area