Average Derrick Operators, Oil and Gas Salary in Oklahoma City, OK
Derrick Operators in Oklahoma City, OK, earn an average annual salary of $59,050. This figure is slightly below the national average of $62,490, a common trend in regions where the cost of living is balanced with local industry demand. The specific compensation reflects the localized dynamics of the oil and gas sector within Oklahoma.
Executive Summary
- Average Salary: $59,050 per year.
- Growth Trend: Salaries have shifted 5.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,590.
- Outlook: The job market for Derrick Operators in Oklahoma City presents a robust outlook, underscored by a significant local workforce of 290 individuals. The exceptionally high Location Quotient of 6.07 indicates a strong concentration of these roles compared to the national average, suggesting consistent demand and a stable employment environment for skilled professionals in this sector.
Salary Overview
The average Derrick Operators, Oil and Gas in Oklahoma City, OK earns-5.5%below the national average.
$28.4
$1,136
$4,921
Derrick Operators, Oil and Gas Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Derrick Operators in Oklahoma City have experienced steady growth over the past four years. This trend would align with broader economic indicators and the ongoing importance of the oil and gas industry in the state, likely leading to incremental increases in average compensation.
Derrick Operators, Oil and Gas Salary Distribution in Oklahoma City, OK
Experience plays a crucial role in the earning potential of Derrick Operators. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher wages. The progression from junior to senior roles is often marked by substantial salary increases, reflecting a clear career ladder within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $52,590 | $25.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $44,288 | $21.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $60,860 | $29.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $73,813 | $35.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $67,590 | $32.5 |
Detailed Derrick Operators, Oil and Gas Market Analysis
Relocation Context
Nominal Salary
$59,050
Gross Pay
Real Wage (Purchasing Power)
$59,050
Adjusted for COL (100)
The nominal average salary of $59,050 in Oklahoma City aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Derrick Operator's salary in Oklahoma City is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the salary offers a stable financial standing relative to local expenses.
Job Market Context
290
Total Jobs
0.435
Per 1K Jobs
6.07
Location Quotient
Oklahoma City, OK has 6.1x the national concentration of Derrick Operators, Oil and Gas jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 6.07, Oklahoma City demonstrates a highly concentrated market for Derrick Operators, far exceeding the national average. This indicates that the demand for these specialized roles is significantly higher locally than in most other parts of the country, suggesting a competitive environment for employers seeking talent but offering ample opportunities for qualified operators.
Nearby Job Markets
Nearby Cities for Derrick Operators, Oil and Gas
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Derrick Operators, Oil and Gas Salary | $58,910↓ 0% | 34 mi |
| Southwest Oklahoma nonmetropolitan area Derrick Operators, Oil and Gas Salary | $52,060↓ 12% | 34 mi |
| Northwest Oklahoma nonmetropolitan area Derrick Operators, Oil and Gas Salary | $53,910↓ 9% | 34 mi |
Comparing salaries near Oklahoma City, OK
Hiring Derrick Operators, Oil and Gass?
Frequently Asked Questions
How much does a Derrick Operators, Oil and Gas make in Oklahoma City, OK?
The median annual salary for a Derrick Operators, Oil and Gas in Oklahoma City, OK is $59,050. This typically ranges from $52,590 for entry-level positions to $67,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma City, OK is 5.5% lower than the national median of $62,490.
Is Oklahoma City, OK a lucrative place for Derrick Operators, Oil and Gas?
Yes, it is a highly concentrated market with a stable cost of living.While the average salary is slightly below the national average, the exceptionally high concentration of jobs (LQ of 6.07) and a cost of living index matching the national average indicates strong local demand and stable purchasing power for Derrick Operators.
Is Oklahoma City, OK a good place to live for Derrick Operators, Oil and Gas?
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 ($58,910) and Southwest Oklahoma nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Derrick Operators in Oklahoma City is $59,050, which is slightly lower than the national average of $62,490.
What is the significance of the Location Quotient (LQ) for Derrick Operators in Oklahoma City?
An LQ of 6.07 signifies that Oklahoma City has approximately 6 times the concentration of Derrick Operator jobs compared to the national average, indicating a very strong local industry presence.
How does the cost of living in Oklahoma City affect the salary?
With a Cost of Living Index of 100, Oklahoma City's cost of living is exactly at the national average. This means the $59,050 salary offers purchasing power equivalent to the national average.
What does the total local workforce number imply?
A local workforce of 290 Derrick Operators suggests a substantial and established pool of professionals within the region, supporting the high concentration indicated by the LQ.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Oklahoma City, OK area with a job density of 0.435 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Derrick Operators, Oil and Gas • Data source: BLS OEWS 2024 •Jobs in Oklahoma City, OK