Average Business Teachers, Postsecondary Salary in Oklahoma
Business Teachers, Postsecondary in Oklahoma earn an average annual salary of $96,970. This figure is notably below the national average of $108,950, reflecting regional economic factors and the specific demand within the state's educational institutions. The compensation is influenced by the overall economic landscape and the concentration of these specialized roles within Oklahoma.
Executive Summary
- Average Salary: $96,970 per year.
- Growth Trend: Salaries have shifted 36.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $169,810.
- Outlook: With a total local workforce of 660 Business Teachers, Postsecondary, Oklahoma presents a moderately sized market for this profession. The Location Quotient of 0.73 indicates that this role is slightly less concentrated in Oklahoma compared to the national average, suggesting a stable but not exceptionally high demand. The presence of nearly 0.4 jobs per 1,000 workers points to a consistent, albeit not rapidly expanding, need for these educators.
Salary Overview
The average Business Teachers, Postsecondary in Oklahoma earns-11.0%below the national average.
$46.6
$1,865
$8,081
Business Teachers, Postsecondary Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Business Teachers, Postsecondary in Oklahoma have experienced steady growth over the past four years, mirroring national trends in higher education and specialized vocational training. This growth is typically driven by inflation, increased demand for business education, and the need to attract and retain qualified faculty in a competitive academic environment.
Business Teachers, Postsecondary Salary Distribution in Oklahoma
Career progression for Business Teachers, Postsecondary in Oklahoma typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the typical salary distribution shows that early-career educators may earn closer to the lower end of the pay scale, while those with extensive experience, advanced degrees, and specialized expertise can command salaries well above the average, often reaching the 75th percentile and beyond.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $38,240 | $18.4 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $72,728 | $35 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $81,680 | $39.3 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $121,213 | $58.3 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $169,810 | $81.6 |
Detailed Business Teachers, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$96,970
Gross Pay
Real Wage (Purchasing Power)
$112,756
Adjusted for COL (86)
The average annual salary of $96,970 in Oklahoma for Business Teachers, Postsecondary is significantly enhanced by the state's lower cost of living, indexed at 86. This means that the nominal salary has greater purchasing power locally compared to areas with a cost of living at the national average (100). Consequently, the effective take-home value of this salary is higher, making Oklahoma an attractive location for these professionals from a financial perspective.
Job Market Context
660
Total Jobs
0.388
Per 1K Jobs
0.73
Location Quotient
Oklahoma has 0.73x the national average concentration of Business Teachers, Postsecondary 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 0.73 for Business Teachers, Postsecondary in Oklahoma suggests that the job market for this profession is less concentrated than the national average. This indicates that while there is a presence of these roles, they are not as abundant relative to the overall workforce compared to other states. This could imply a potentially less competitive job market for employers seeking talent, but also fewer opportunities for job seekers compared to more concentrated regions.
Nearby Job Markets
Nearby Cities for Business Teachers, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Business Teachers, Postsecondary Salary | $107,130↑ 10% | 34 mi |
Comparing salaries near Oklahoma
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Frequently Asked Questions
How much does a Business Teachers, Postsecondary make in Oklahoma?
The median annual salary for a Business Teachers, Postsecondary in Oklahoma is $96,970. This typically ranges from $38,240 for entry-level positions to $169,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma is 11.0% lower than the national median of $108,950.
Is Oklahoma a lucrative place for Business Teachers, Postsecondarys?
No, but cost of living offers value.While the average salary of $96,970 is below the national average, Oklahoma's cost of living index of 86 makes the nominal salary more valuable in terms of purchasing power.
Is Oklahoma a good place to live for Business Teachers, Postsecondarys?
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 ($107,130) and others.
How does Oklahoma's salary for Business Teachers compare to the national average?
Business Teachers, Postsecondary in Oklahoma earn an average of $96,970 annually, which is approximately $12,000 less than the national average of $108,950.
What is the concentration of Business Teachers, Postsecondary in Oklahoma?
Oklahoma has a Location Quotient of 0.73 for Business Teachers, Postsecondary, indicating that the profession is less concentrated in the state compared to the national average.
How does the cost of living affect the salary of a Business Teacher in Oklahoma?
With a cost of living index of 86 (100 being the national average), the $96,970 salary in Oklahoma offers a higher effective purchasing power than the same nominal salary in a higher cost-of-living area.
What is the overall job market like for Business Teachers, Postsecondary in Oklahoma?
The job market is moderately sized with 660 professionals, and the demand, indicated by jobs per 1,000 workers at 0.388, is stable but not exceptionally high, suggesting steady opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Oklahoma area with a job density of 0.388 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 Teachers, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Oklahoma