Average Financial Managers Salary in Oklahoma City, OK
Financial Managers in Oklahoma City, OK, can expect an average annual salary of $148,790. This figure is notably below the national average of $184,480, reflecting regional economic factors and industry demand specific to the Oklahoma City area. While the nominal salary may seem lower, it's crucial to consider the local economic landscape when evaluating compensation.
Executive Summary
- Average Salary: $148,790 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $227,050.
- Outlook: With a local workforce of 2,730 Financial Managers and a Location Quotient of 0.77, Oklahoma City presents a market with a slightly lower concentration of these professionals compared to the national average. This suggests a stable, albeit not hyper-concentrated, demand for financial management expertise within the city's economic structure. The presence of nearly 4.09 jobs per 1,000 workers indicates a consistent need for these roles.
Salary Overview
The average Financial Managers in Oklahoma City, OK earns-19.3%below the national average.
$71.5
$2,861
$12,399
Financial Managers Salary Trends (2020-2024)
While specific historical data for Oklahoma City's Financial Managers is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery, inflation, and increasing demand for sophisticated financial planning and analysis would typically drive upward adjustments in compensation for experienced professionals in this field.
Financial Managers Salary Distribution in Oklahoma City, OK
The salary range for Financial Managers in Oklahoma City, OK, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior roles with extensive experience and specialized skills command salaries in the higher percentiles. This progression is a standard indicator of career advancement and increasing responsibility within the financial management sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $71,670 | $34.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $111,593 | $53.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $124,870 | $60 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $185,988 | $89.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $227,050 | $109.2 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$148,790
Gross Pay
Real Wage (Purchasing Power)
$148,790
Adjusted for COL (100)
The average annual salary of $148,790 in Oklahoma City aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Financial Manager's salary in Oklahoma City is equivalent to the national average, making the nominal salary quite competitive in terms of real value and affordability.
Job Market Context
2,730
Total Jobs
4.085
Per 1K Jobs
0.77
Location Quotient
Oklahoma City, OK has 0.77x the national average concentration of Financial Managers 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 0.77 indicates that Financial Managers are slightly less concentrated in Oklahoma City compared to the national average. This suggests that while the profession is well-established, the market may not be oversaturated, potentially offering good opportunities for skilled professionals without facing intense competition from a disproportionately large pool of candidates.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Financial Managers Salary | $134,820↓ 9% | 34 mi |
| Northeast Oklahoma nonmetropolitan area Financial Managers Salary | $134,820↓ 9% | 34 mi |
| Southwest Oklahoma nonmetropolitan area Financial Managers Salary | $147,230↓ 1% | 34 mi |
| Northwest Oklahoma nonmetropolitan area Financial Managers Salary | $132,230↓ 11% | 34 mi |
| Enid, OK Financial Managers Salary | $130,870↓ 12% | 68 mi |
Comparing salaries near Oklahoma City, OK
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Oklahoma City, OK?
The median annual salary for a Financial Managers in Oklahoma City, OK is $148,790. This typically ranges from $71,670 for entry-level positions to $227,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma City, OK is 19.3% lower than the national median of $184,480.
Is Oklahoma City, OK a lucrative place for Financial Managers?
Yes, it offers competitive purchasing power.While the nominal salary is below the national average, Oklahoma City's cost of living being at the national average means your earnings have equivalent purchasing power. The market also shows stable demand for these roles.
Is Oklahoma City, OK a good place to live for Financial Managers?
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 ($134,820) and Northeast Oklahoma nonmetropolitan area.
How does the Oklahoma City Financial Manager salary compare to the national average?
The average salary for Financial Managers in Oklahoma City, OK, is $148,790, which is lower than the national average of $184,480.
What is the cost of living in Oklahoma City, OK for Financial Managers?
Oklahoma City's Cost of Living Index is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
Is there high demand for Financial Managers in Oklahoma City?
With 4.085 jobs per 1,000 workers and a Location Quotient of 0.77, there is a stable demand for Financial Managers, though the concentration is slightly below the national average.
How does experience affect a Financial Manager's salary in Oklahoma City?
Experience significantly impacts salary, with entry-level positions earning less and senior roles commanding higher salaries, reflecting increased responsibility and expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,730 employees in the Oklahoma City, OK area with a job density of 4.085 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Oklahoma City, OK