Average Financial Managers Salary in Southeast Oklahoma nonmetropolitan area
Financial Managers in the Southeast Oklahoma nonmetropolitan area earn an average annual salary of $134,820. This figure is notably below the national average of $184,480, reflecting the unique economic landscape and demand dynamics specific to this region. Factors such as industry concentration and the overall economic output of nonmetropolitan areas often influence compensation levels.
Executive Summary
- Average Salary: $134,820 per year.
- Growth Trend: Salaries have shifted 58.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $226,930.
- Outlook: The job market for Financial Managers in Southeast Oklahoma, with a total local workforce of 410, presents a moderate employment base. The location quotient of 0.42 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, they are not as prevalent as in more urbanized or industrially diverse areas. The 2.218 jobs per 1,000 workers metric further contextualizes the availability of these positions within the local economy.
Salary Overview
The average Financial Managers in Southeast Oklahoma nonmetropolitan area earns-26.9%below the national average.
$64.8
$2,593
$11,235
Financial Managers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Financial Managers across the nation, including in regions like Southeast Oklahoma, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of financial management.
Financial Managers Salary Distribution in Southeast Oklahoma nonmetropolitan area
Salary progression for Financial Managers is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and strategic oversight, can earn substantially more. The percentile gaps in salary distribution signify clear career progression pathways, rewarding accumulated knowledge and demonstrated leadership capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,250 | $28 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $101,115 | $48.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,490 | $49.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $168,525 | $81 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $226,930 | $109.1 |
Detailed Financial Managers Market Analysis
Relocation Context
Nominal Salary
$134,820
Gross Pay
Real Wage (Purchasing Power)
$134,820
Adjusted for COL (100)
The average annual salary of $134,820 in Southeast Oklahoma 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 this region is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
410
Total Jobs
2.218
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Southeast Oklahoma nonmetropolitan area has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a location quotient of 0.42, Southeast Oklahoma's job market for Financial Managers is less concentrated than the national average. This suggests a potentially less competitive environment for job seekers, but also indicates fewer specialized opportunities compared to metropolitan hubs. The lower concentration implies that while demand exists, the supply of Financial Managers may be more balanced or even lean towards a higher supply relative to demand in certain niches.
Nearby Job Markets
Nearby Cities for Financial Managers
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Financial Managers Salary | $148,790↑ 10% | 34 mi |
| Tulsa, OK Financial Managers Salary | $148,650↑ 10% | 69 mi |
| Enid, OK Financial Managers Salary | $130,870↓ 3% | 78 mi |
Comparing salaries near Southeast Oklahoma nonmetropolitan area
Hiring Financial Managerss?
Frequently Asked Questions
How much does a Financial Managers make in Southeast Oklahoma nonmetropolitan area?
The median annual salary for a Financial Managers in Southeast Oklahoma nonmetropolitan area is $134,820. This typically ranges from $58,250 for entry-level positions to $226,930 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 26.9% lower than the national median of $184,480.
Is Southeast Oklahoma nonmetropolitan area a lucrative place for Financial Managerss?
No, it is not as lucrative as the national average.The average salary of $134,820 is significantly lower than the national average of $184,480, indicating less lucrative compensation. However, the cost of living is on par with the national average, making the salary's purchasing power comparable.
Is Southeast Oklahoma nonmetropolitan area a good place to live for Financial Managers?
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 ($148,790) and Tulsa, OK.
How does the local workforce size affect Financial Manager opportunities?
A local workforce of 410 suggests a smaller pool of potential employers and a more niche market for Financial Managers, potentially leading to fewer openings compared to larger metropolitan areas.
What does a Location Quotient of 0.42 mean for Financial Managers in Southeast Oklahoma?
A location quotient of 0.42 signifies that Financial Managers are less concentrated in Southeast Oklahoma than the national average, implying fewer specialized roles and potentially less industry-specific demand.
How does the Cost of Living Index impact the Financial Manager salary in this region?
With a Cost of Living Index of 100, the $134,820 salary offers purchasing power equivalent to the national average, meaning expenses for housing, goods, and services are comparable to the rest of the country.
Are there many Financial Manager jobs per 1,000 workers in Southeast Oklahoma?
With 2.218 jobs per 1,000 workers, the availability of Financial Manager roles is relatively modest, indicating a steady but not abundant job market for professionals in this field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Southeast Oklahoma nonmetropolitan area area with a job density of 2.218 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 Southeast Oklahoma nonmetropolitan area