Average Business and Financial Operations Occupations Salary in Oklahoma City, OK
In Oklahoma City, OK, professionals in Business and Financial Operations Occupations earn an average annual salary of $80,330. This figure is notably below the national average of $94,590, reflecting regional economic factors and the specific demand within the local market. The compensation landscape is shaped by the interplay of industry concentration, cost of living, and the overall economic vitality of the Oklahoma City metropolitan area.
Executive Summary
- Average Salary: $80,330 per year.
- Growth Trend: Salaries have shifted 15.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,400.
- Outlook: Oklahoma City boasts a substantial workforce of 44,950 individuals within Business and Financial Operations Occupations. With a Location Quotient of 1.0, the concentration of these roles in Oklahoma City is precisely aligned with the national average, indicating a stable and well-established presence. The rate of 67.144 jobs per 1,000 workers further underscores a consistent demand for these essential business functions within the local economy.
Salary Overview
The average Business and Financial Operations Occupations in Oklahoma City, OK earns-15.1%below the national average.
$38.6
$1,545
$6,694
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data for Oklahoma City's Business and Financial Operations Occupations is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic recovery and inflation. This upward trajectory is typically driven by increasing demand for financial expertise, evolving business needs, and the general rise in the cost of living, which often prompts employers to adjust compensation packages to remain competitive.
Business and Financial Operations Occupations Salary Distribution in Oklahoma City, OK
Salary progression within Business and Financial Operations Occupations in Oklahoma City is significantly influenced by experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with advanced skills and a proven track record can expect to earn considerably more, often reaching into the upper percentiles. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,340 | $19.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,248 | $29 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,940 | $35.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,413 | $48.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,400 | $61.3 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$80,330
Gross Pay
Real Wage (Purchasing Power)
$80,330
Adjusted for COL (100)
The average annual salary of $80,330 in Oklahoma City for Business and Financial Operations Occupations aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the local salary is equivalent to the national standard, offering a balanced financial environment for residents. While the nominal salary is lower than the national average, the neutral cost of living suggests that the take-home pay effectively covers expenses at a comparable rate to other major metropolitan areas.
Job Market Context
44,950
Total Jobs
67.144
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Oklahoma City, OK has a slightly higher-than-average concentration of Business and Financial Operations Occupations roles compared to the national norm.
With a Location Quotient of 1.0, Oklahoma City's market for Business and Financial Operations Occupations is neither over-saturated nor significantly underserved compared to the national landscape. This equilibrium suggests a healthy and competitive job market where demand and supply are relatively balanced. Professionals can expect a steady flow of opportunities, and employers face a moderate level of competition when seeking to fill specialized roles.
Nearby Job Markets
Nearby Cities for Business and Financial Operations Occupations
Comparing salaries near Oklahoma City, OK
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Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Oklahoma City, OK?
The median annual salary for a Business and Financial Operations Occupations in Oklahoma City, OK is $80,330. This typically ranges from $40,340 for entry-level positions to $127,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma City, OK is 15.1% lower than the national median of $94,590.
Is Oklahoma City, OK a lucrative place for Business and Financial Operations Occupationss?
No, not more lucrative than the national average.The average salary of $80,330 is below the national average of $94,590, although the cost of living is also at the national average. This indicates that while the cost of living is balanced, the earning potential is currently lower than the national benchmark.
Is Oklahoma City, OK a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Oklahoma City, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oklahoma City, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($69,550) and Northeast Oklahoma nonmetropolitan area.
What is the average salary for Business and Financial Operations Occupations in Oklahoma City, OK?
The average annual salary for Business and Financial Operations Occupations in Oklahoma City, OK is $80,330.
How does Oklahoma City's cost of living compare to the national average?
Oklahoma City's cost of living index is 100, which is exactly the national average.
How many people work in Business and Financial Operations Occupations in Oklahoma City, OK?
There are approximately 44,950 individuals employed in Business and Financial Operations Occupations in Oklahoma City, OK.
Is the concentration of Business and Financial Operations Occupations jobs high in Oklahoma City, OK?
The concentration, measured by the Location Quotient, is 1.0, which is equivalent to the national average, indicating a standard level of job density for these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 44,950 employees in the Oklahoma City, OK area with a job density of 67.144 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 City, OK