Average Business and Financial Operations Occupations Salary in Oklahoma
In Oklahoma, professionals in Business and Financial Operations Occupations can expect an average annual salary of $78,230. This figure is notably below the national average of $94,590, reflecting regional economic factors and the specific demand within the state's diverse industries. The localized pay scale is a direct consequence of the state's unique economic landscape and the concentration of these roles.
Executive Summary
- Average Salary: $78,230 per year.
- Growth Trend: Salaries have shifted 13.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,000.
- Outlook: Oklahoma's Business and Financial Operations sector supports a substantial local workforce of 96,140 individuals. With a jobs-per-1,000-workers ratio of 56.823, these roles are a significant component of the state's employment. The Location Quotient of 0.85 suggests a market that is nearly on par with the national average in terms of concentration, indicating a stable and present demand for these essential operational functions.
Salary Overview
The average Business and Financial Operations Occupations in Oklahoma earns-17.3%below the national average.
$37.6
$1,504
$6,519
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Oklahoma's Business and Financial Operations Occupations is not provided, it is reasonable to assume a trend of salary growth mirroring national patterns over the past four years. Economic shifts and evolving business needs typically drive incremental increases in compensation for these vital roles, suggesting a positive trajectory for earning potential within the state.
Business and Financial Operations Occupations Salary Distribution in Oklahoma
Within the Business and Financial Operations field, salary progression is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior roles, requiring extensive expertise and leadership, can significantly exceed the average. The widening gap between entry-level and senior compensation percentiles illustrates clear opportunities for career advancement and increased earning potential for dedicated professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,910 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,673 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,630 | $34 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,788 | $47 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,000 | $60.6 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$78,230
Gross Pay
Real Wage (Purchasing Power)
$90,965
Adjusted for COL (86)
The average annual salary of $78,230 in Oklahoma presents a favorable financial picture when contrasted with the state's Cost of Living Index of 86. This index, which is 14% lower than the national average, means that the nominal income earned by professionals in this sector holds greater purchasing power locally. Consequently, the effective standard of living for these roles in Oklahoma is likely higher than the raw salary figures might initially suggest.
Job Market Context
96,140
Total Jobs
56.823
Per 1K Jobs
0.85
Location Quotient
Oklahoma has 0.85x 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.
Oklahoma's Location Quotient of 0.85 for Business and Financial Operations Occupations indicates that these roles are slightly less concentrated than the national average. This suggests a market that is neither oversaturated nor exceptionally scarce, implying a balanced environment for job seekers and employers. While not a hub of extreme concentration, the steady presence of these roles signifies consistent opportunities and a competitive, yet accessible, job market.
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↑ 3% | 34 mi |
| Tulsa, OK Business and Financial Operations Occupations Salary | $79,630↑ 2% | 69 mi |
| Enid, OK Business and Financial Operations Occupations Salary | $73,120↓ 7% | 78 mi |
Comparing salaries near Oklahoma
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Oklahoma?
The median annual salary for a Business and Financial Operations Occupations in Oklahoma is $78,230. This typically ranges from $38,910 for entry-level positions to $126,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma is 17.3% lower than the national median of $94,590.
Is Oklahoma a lucrative place for Business and Financial Operations Occupationss?
Yes, especially considering the cost of living.While the average salary of $78,230 is below the national average, Oklahoma's lower cost of living index of 86 significantly enhances the purchasing power of this income.
Is Oklahoma a good place to live for Business and Financial Operations Occupations?
With a Cost of Living Index of 86 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Oklahoma?
Some top paying nearby cities include Oklahoma City, OK ($80,330) and Tulsa, OK.
How does Oklahoma's average salary compare to the national average?
The average annual salary for Business and Financial Operations Occupations in Oklahoma is $78,230, which is lower than the national average of $94,590.
What is the concentration of Business and Financial Operations jobs in Oklahoma?
Oklahoma has a Location Quotient of 0.85 for these occupations, indicating a concentration slightly below the national average, suggesting a stable but not overly saturated market.
How does the cost of living affect the salary in Oklahoma?
With a Cost of Living Index of 86, Oklahoma is 14% more affordable than the national average, making the $78,230 salary more impactful in terms of purchasing power.
What is the size of the Business and Financial Operations workforce in Oklahoma?
The state supports a substantial workforce of 96,140 individuals in Business and Financial Operations Occupations, with 56.823 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 96,140 employees in the Oklahoma area with a job density of 56.823 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 Oklahoma