Average Real Estate Sales Agents Salary in Southeast Oklahoma nonmetropolitan area
Real Estate Sales Agents in the Southeast Oklahoma nonmetropolitan area earn an average annual salary of $61,040. This figure is notably below the national average of $70,360, reflecting the unique economic landscape and demand dynamics specific to this region. Factors such as local market conditions and the cost of doing business often influence compensation levels in nonmetropolitan areas.
Executive Summary
- Average Salary: $61,040 per year.
- Growth Trend: Salaries have shifted 2.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,890.
- Outlook: The job market for Real Estate Sales Agents in Southeast Oklahoma is characterized by a total local workforce of 220 individuals. With a Location Quotient of 0.95, the concentration of these professionals is slightly below the national average, suggesting a stable but not exceptionally concentrated demand for their services within the region. The presence of 1.18 jobs per 1,000 workers indicates a steady, albeit modest, employment landscape.
Salary Overview
The average Real Estate Sales Agents in Southeast Oklahoma nonmetropolitan area earns-13.2%below the national average.
$29.4
$1,174
$5,087
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Real Estate Sales Agents in Southeast Oklahoma have experienced gradual growth over the past four years, mirroring broader economic trends and the general recovery or expansion of the housing market. This upward trajectory is typically driven by inflation, increased demand for housing, and evolving commission structures within the industry.
Real Estate Sales Agents Salary Distribution in Southeast Oklahoma nonmetropolitan area
Career progression for Real Estate Sales Agents typically involves a significant salary increase with experience. Entry-level agents might start with a base salary or lower commission earnings, while seasoned professionals with established client bases and a proven track record can command substantially higher incomes. The widening gap between entry-level and senior-level earnings, often seen across different salary percentiles, signifies the substantial rewards for dedication and expertise in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $24,120 | $11.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $45,780 | $22 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $50,410 | $24.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $76,300 | $36.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $128,890 | $62 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$61,040
Gross Pay
Real Wage (Purchasing Power)
$61,040
Adjusted for COL (100)
The nominal average salary of $61,040 in Southeast Oklahoma aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Real Estate Sales Agent's income in this area is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living regions.
Job Market Context
220
Total Jobs
1.18
Per 1K Jobs
0.95
Location Quotient
Southeast Oklahoma nonmetropolitan area has 0.95x the national average concentration of Real Estate Sales Agents 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 0.95 indicates that Southeast Oklahoma has a slightly lower concentration of Real Estate Sales Agents compared to the national average. This suggests that while the profession is present and necessary, the market is not oversaturated, potentially offering good opportunities for new agents to establish themselves without facing intense competition from a disproportionately large number of peers.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Tulsa, OK Real Estate Sales Agents Salary | $60,840↓ 0% | 69 mi |
Comparing salaries near Southeast Oklahoma nonmetropolitan area
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Southeast Oklahoma nonmetropolitan area?
The median annual salary for a Real Estate Sales Agents in Southeast Oklahoma nonmetropolitan area is $61,040. This typically ranges from $24,120 for entry-level positions to $128,890 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 13.2% lower than the national median of $70,360.
Is Southeast Oklahoma nonmetropolitan area a lucrative place for Real Estate Sales Agents?
No, not exceptionally lucrative compared to the national average.The average salary of $61,040 is below the national average of $70,360, indicating less lucrative earning potential. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Southeast Oklahoma nonmetropolitan area a good place to live for Real Estate Sales Agents?
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 Tulsa, OK ($60,840) and others.
How does the Southeast Oklahoma salary compare to the national average?
The average annual salary for Real Estate Sales Agents in Southeast Oklahoma is $61,040, which is lower than the national average of $70,360.
What is the Cost of Living in Southeast Oklahoma compared to the national average?
The Cost of Living Index in Southeast Oklahoma is 100, which is exactly the national average, meaning it costs the same to live there as it does on average across the country.
Is there high demand for Real Estate Sales Agents in this region?
With 1.18 jobs per 1,000 workers and a Location Quotient of 0.95, the demand is stable but not exceptionally high, indicating a balanced market.
How does the local workforce size affect the job market for Real Estate Sales Agents?
A total local workforce of 220 suggests a smaller, more localized market where individual agent performance and local economic conditions play a significant role in success.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Southeast Oklahoma nonmetropolitan area area with a job density of 1.18 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Real Estate Sales Agents • Data source: BLS OEWS 2024 •Jobs in Southeast Oklahoma nonmetropolitan area