Average New Accounts Clerks Salary in Oklahoma City, OK
New Accounts Clerks in Oklahoma City, OK, earn an average annual salary of $45,660. This figure is slightly below the national average of $47,610, a common trend in metropolitan areas where local economic factors and industry demand can influence compensation levels. The specific pay for this role in Oklahoma City is shaped by the city's unique economic landscape and the concentration of businesses requiring these financial services.
Executive Summary
- Average Salary: $45,660 per year.
- Growth Trend: Salaries have shifted 30.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,210.
- Outlook: Oklahoma City boasts a robust job market for New Accounts Clerks, evidenced by a substantial local workforce of 760 individuals in this role. The high Location Quotient of 4.59 strongly indicates a significant concentration of these positions compared to the national average, suggesting robust demand and a stable job outlook for professionals in this field within the city.
Salary Overview
The average New Accounts Clerks in Oklahoma City, OK earns-4.1%below the national average.
$22
$878
$3,805
New Accounts Clerks Salary Trends (2020-2024)
While specific historical data for New Accounts Clerks in Oklahoma City is not provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic growth and inflation. Increased demand for financial services and evolving business needs likely contribute to modest annual salary increases, ensuring that compensation remains competitive within the local market.
New Accounts Clerks Salary Distribution in Oklahoma City, OK
Career progression for New Accounts Clerks in Oklahoma City typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries significantly higher than the average. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,940 | $17.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,245 | $16.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,070 | $22.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,075 | $27.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,210 | $27.5 |
Detailed New Accounts Clerks Market Analysis
Relocation Context
Nominal Salary
$45,660
Gross Pay
Real Wage (Purchasing Power)
$45,660
Adjusted for COL (100)
The nominal salary of $45,660 for New Accounts Clerks in Oklahoma City aligns perfectly with the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an Oklahoma City salary is equivalent to the national average, making the stated income quite stable and predictable in terms of daily expenses.
Job Market Context
760
Total Jobs
1.133
Per 1K Jobs
4.59
Location Quotient
Oklahoma City, OK has 4.6x 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.
With a Location Quotient of 4.59, Oklahoma City presents a highly concentrated market for New Accounts Clerks, significantly exceeding the national average. This suggests that the demand for these professionals is proportionally higher in Oklahoma City than in many other parts of the country, potentially leading to more job opportunities and a competitive hiring environment for employers.
Nearby Job Markets
Nearby Cities for New Accounts Clerks
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area New Accounts Clerks Salary | $43,730↓ 4% | 34 mi |
| Northeast Oklahoma nonmetropolitan area New Accounts Clerks Salary | $40,740↓ 11% | 34 mi |
| Southwest Oklahoma nonmetropolitan area New Accounts Clerks Salary | $37,500↓ 18% | 34 mi |
| Northwest Oklahoma nonmetropolitan area New Accounts Clerks Salary | $38,130↓ 16% | 34 mi |
Comparing salaries near Oklahoma City, OK
Hiring New Accounts Clerkss?
Frequently Asked Questions
How much does a New Accounts Clerks make in Oklahoma City, OK?
The median annual salary for a New Accounts Clerks in Oklahoma City, OK is $45,660. This typically ranges from $36,940 for entry-level positions to $57,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma City, OK is 4.1% lower than the national median of $47,610.
Is Oklahoma City, OK a lucrative place for New Accounts Clerks?
Yes, it offers competitive compensation relative to its cost of living.New Accounts Clerks in Oklahoma City earn $45,660, which is close to the national average, while the cost of living is exactly at the national average. The high concentration of these roles (LQ of 4.59) also indicates strong local demand.
Is Oklahoma City, OK a good place to live for New Accounts Clerks?
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 ($43,730) and Northeast Oklahoma nonmetropolitan area.
How does the Oklahoma City salary compare to the national average?
The average annual salary for New Accounts Clerks in Oklahoma City is $45,660, which is slightly lower than the national average of $47,610.
What is the significance of the Location Quotient (LQ) for New Accounts Clerks in Oklahoma City?
An LQ of 4.59 indicates that New Accounts Clerks are significantly more concentrated in Oklahoma City than the national average, suggesting a higher demand and potentially more job opportunities in this specific location.
Does the cost of living in Oklahoma City affect the New Accounts Clerk salary?
No, the cost of living in Oklahoma City is exactly at the national average (100), meaning the $45,660 salary has the same purchasing power as the national average salary.
How many New Accounts Clerks are there in Oklahoma City?
There are approximately 760 New Accounts Clerks employed in Oklahoma City, representing 1.133 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Oklahoma City, OK area with a job density of 1.133 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for New Accounts Clerks • Data source: BLS OEWS 2024 •Jobs in Oklahoma City, OK