In the Southeast Oklahoma nonmetropolitan area, professionals in Business and Financial Operations Occupations can expect an average annual salary of $69,550. This figure is notably lower than the national average of $94,590, reflecting regional economic factors and a different market dynamic. The local compensation structure is influenced by the specific industry demands and the overall economic landscape of this nonmetropolitan region.
Executive Summary
- Average Salary: $69,550 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,960.
- Outlook: The Business and Financial Operations sector in Southeast Oklahoma employs approximately 6,900 individuals, representing a significant portion of the local workforce. With a Location Quotient of 0.55, this occupation group is less concentrated than the national average, suggesting a potentially less saturated but perhaps more specialized job market. The presence of 37.221 jobs per 1,000 workers indicates a steady, albeit not overwhelmingly high, demand for these essential business functions within the region.
Salary Overview
The average Business and Financial Operations Occupations in Southeast Oklahoma nonmetropolitan area earns-26.5%below the national average.
$33.4
$1,338
$5,796
Business and Financial Operations Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Business and Financial Operations Occupations in Southeast Oklahoma have experienced gradual growth over the past four years, mirroring national trends. Economic development initiatives and the increasing need for financial expertise likely contribute to a modest upward trajectory in compensation, aiming to keep pace with evolving industry standards and cost of living adjustments.
Business and Financial Operations Occupations Salary Distribution in Southeast Oklahoma nonmetropolitan area
Career progression within Business and Financial Operations Occupations typically leads to increased earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries. The percentile gaps in earnings signify clear opportunities for advancement, with senior roles and management positions offering substantial compensation growth, reflecting greater responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,880 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,163 | $25.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,810 | $29.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,938 | $41.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,960 | $51.4 |
Detailed Business and Financial Operations Occupations Market Analysis
Relocation Context
Nominal Salary
$69,550
Gross Pay
Real Wage (Purchasing Power)
$69,550
Adjusted for COL (100)
The average annual salary of $69,550 in Southeast Oklahoma aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income within the region is equivalent to the national average. Consequently, the financial impact of relocating for this role is neutral from a cost-of-living perspective, allowing the salary to maintain its value locally.
Job Market Context
6,900
Total Jobs
37.221
Per 1K Jobs
0.55
Location Quotient
Southeast Oklahoma nonmetropolitan area has 0.55x 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 0.55 indicates that Business and Financial Operations Occupations are less prevalent in the Southeast Oklahoma nonmetropolitan area compared to the national average. This suggests that the job market for these roles may be less competitive, potentially offering more opportunities for skilled professionals. However, it also implies that the demand might be more niche, and the overall volume of available positions could be lower than in more concentrated metropolitan areas.
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↑ 15% | 34 mi |
| Tulsa, OK Business and Financial Operations Occupations Salary | $79,630↑ 14% | 69 mi |
| Enid, OK Business and Financial Operations Occupations Salary | $73,120↑ 5% | 78 mi |
Comparing salaries near Southeast Oklahoma nonmetropolitan area
Hiring Business and Financial Operations Occupationss?
Frequently Asked Questions
How much does a Business and Financial Operations Occupations make in Southeast Oklahoma nonmetropolitan area?
The median annual salary for a Business and Financial Operations Occupations in Southeast Oklahoma nonmetropolitan area is $69,550. This typically ranges from $35,880 for entry-level positions to $106,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Oklahoma nonmetropolitan area is 26.5% lower than the national median of $94,590.
Is Southeast Oklahoma nonmetropolitan area a lucrative place for Business and Financial Operations Occupationss?
No, not compared to the national average.While the cost of living is average, the average salary of $69,550 is significantly lower than the national average of $94,590. The lower concentration (LQ of 0.55) also suggests a less robust market.
Is Southeast Oklahoma nonmetropolitan area a good place to live for Business and Financial Operations Occupations?
The Cost of Living Index in Southeast Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Oklahoma nonmetropolitan area?
Some top paying nearby cities include Oklahoma City, OK ($80,330) and Tulsa, OK.
What is the average salary for Business and Financial Operations Occupations in Southeast Oklahoma?
The average annual salary for Business and Financial Operations Occupations in the Southeast Oklahoma nonmetropolitan area is $69,550.
How does the salary compare to the national average?
The average salary in Southeast Oklahoma ($69,550) is considerably lower than the national average ($94,590).
What is the Cost of Living Index in Southeast Oklahoma?
The Cost of Living Index in Southeast Oklahoma is 100, which is the same as the national average.
How concentrated are these jobs in Southeast Oklahoma compared to the nation?
These occupations are less concentrated in Southeast Oklahoma, with a Location Quotient of 0.55, indicating they are half as prevalent as the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,900 employees in the Southeast Oklahoma nonmetropolitan area area with a job density of 37.221 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 Southeast Oklahoma nonmetropolitan area