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Average New Accounts Clerks Salary in Oklahoma

New Accounts Clerks in Oklahoma earn an average annual salary of $44,350, which is notably below the national average of $47,610. This disparity is often influenced by the state's lower cost of living and regional economic factors that shape compensation benchmarks for administrative roles.

Executive Summary

  • Average Salary: $44,350 per year.
  • Growth Trend: Salaries have shifted 34.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,170.
  • Outlook: The job market for New Accounts Clerks in Oklahoma appears robust, with a substantial local workforce of 1,790 individuals. The high Location Quotient of 4.3 indicates a significantly higher concentration of these roles in Oklahoma compared to the national average, suggesting strong and consistent demand within the state.
2024 Market Data

Salary Overview

$44,350

The average New Accounts Clerks in Oklahoma earns-6.8%below the national average.

BreakdownBased on 40h/week
Hourly

$21.3

Weekly

$853

Monthly

$3,696

New Accounts Clerks Salary Distribution in Oklahoma

Career progression for New Accounts Clerks in Oklahoma typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries well above the average, reflecting the value of their expertise and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,800$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,263$16
ManagerOversees team, compliance, and project delivery.50% (Median)$44,740$21.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,438$26.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,170$27

Detailed New Accounts Clerks Market Analysis

Relocation Context

Nominal Salary

$44,350

Gross Pay

Real Wage (Purchasing Power)

$51,570

Adjusted for COL (86)

The average annual salary of $44,350 in Oklahoma presents a favorable financial situation when considering the state's Cost of Living Index of 86. This means that the nominal salary has greater purchasing power locally than it would in a region with a higher cost of living, making the effective income potentially more substantial.

Job Market Context

1,790

Total Jobs

1.06

Per 1K Jobs

4.3

Location Quotient

Major Hub

Oklahoma has 4.3x the national concentration of New Accounts Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Oklahoma's Location Quotient of 4.3 for New Accounts Clerks signifies a highly concentrated job market, indicating that these roles are disproportionately prevalent in the state compared to the rest of the nation. This suggests a competitive environment for job seekers but also points to a stable and established demand for these professionals.

Nearby Job Markets

Nearby Cities for New Accounts Clerks

Comparing salaries near Oklahoma

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Frequently Asked Questions

How much does a New Accounts Clerks make in Oklahoma?

The median annual salary for a New Accounts Clerks in Oklahoma is $44,350. This typically ranges from $35,800 for entry-level positions to $56,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Oklahoma is 6.8% lower than the national median of $47,610.

Is Oklahoma a lucrative place for New Accounts Clerks?

Yes, with a caveat.While the nominal salary is below the national average, Oklahoma's significantly lower cost of living means your earnings can provide a higher standard of living.

Is Oklahoma a good place to live for New Accounts Clerks?

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 ($45,660) and Tulsa, OK.

How does Oklahoma's cost of living affect New Accounts Clerk salaries?

Oklahoma's Cost of Living Index of 86 means that $44,350 per year stretches further than it would in a higher-cost state, effectively increasing its purchasing power for residents.

What does a Location Quotient of 4.3 mean for New Accounts Clerks in Oklahoma?

A Location Quotient of 4.3 indicates that New Accounts Clerk positions are over four times more concentrated in Oklahoma than the national average, suggesting a strong local industry presence and demand.

How many New Accounts Clerks are there in Oklahoma?

There are approximately 1,790 New Accounts Clerks employed within Oklahoma, representing a significant portion of the administrative workforce.

Are New Accounts Clerk jobs common in Oklahoma?

Yes, with 1.06 jobs per 1,000 workers and a Location Quotient of 4.3, New Accounts Clerk roles are more common in Oklahoma than 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 1,790 employees in the Oklahoma area with a job density of 1.06 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.