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Oklahoma Earnings
Oklahoma Metropolitan Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Enid MSA
|
$76,610 or $36.83/hr
|
$33,750 or $16.23/hr
|
$126,400 or $60.77/hr
|
Fort Smith AR-OK MSA
|
$78,710 or $37.84/hr
|
$35,360 or $17.00/hr
|
$134,530 or $64.68/hr
|
Lawton MSA
|
$70,610 or $33.95/hr
|
$34,490 or $16.58/hr
|
$130,390 or $62.69/hr
|
Oklahoma City MSA
|
$79,370 or $38.16/hr
|
$37,390 or $17.98/hr
|
$142,160 or $68.35/hr
|
Tulsa MSA
|
$87,760 or $42.19/hr
|
$37,350 or $17.96/hr
|
$166,970 or $80.28/hr
|
Oklahoma Geographical Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Northeast Oklahoma nonmetropolitan area
|
$76,270 or $36.67/hr
|
$34,450 or $16.56/hr
|
$128,780 or $61.91/hr
|
Northwest Oklahoma nonmetropolitan area
|
$75,390 or $36.25/hr
|
$38,680 or $18.59/hr
|
$128,630 or $61.84/hr
|
Southwest Oklahoma nonmetropolitan area
|
$78,670 or $37.82/hr
|
$35,860 or $17.24/hr
|
$161,870 or $77.82/hr
|
Southeast Oklahoma nonmetropolitan area
|
$86,100 or $41.39/hr
|
$33,400 or $16.06/hr
|
$133,870 or $64.36/hr
|
Oklahoma's Employment and Outlook (State-wide)
Outlook
|
Stable Growth rate is estimated to be 6%
|
Job Openings
|
404 estimated annual job openings
|
Employment
|
5,374 were employed in this occupation
|
Regions with stable outlook (0 to 20% growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Northeast
|
350
|
17%
|
5
|
N/A
|
34
|
Northwest
|
390
|
3%
|
1
|
N/A
|
31
|
Southeast
|
550
|
9%
|
4
|
N/A
|
48
|
Southwest
|
230
|
13%
|
3
|
N/A
|
21
|
Tulsa MSA
|
960
|
4%
|
5
|
N/A
|
79
|
Lawton MSA
|
80
|
12%
|
1
|
N/A
|
8
|
Oklahoma City MSA
|
1,470
|
6%
|
9
|
N/A
|
124
|
Enid
|
60
|
0%
|
|
N/A
|
5
|
National Earnings
Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.
Where do these numbers come from?
National Employment and Outlook
Outlook
|
stable
|
|
The employment change from 2022 to 2032 is estimated to be +3%.
(The National average for all occupations is +3%)
|
Job Openings
|
very small number
|
|
A total of 2530 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,670 openings)
|
Employment
|
medium occupation
|
|
This was a medium sized occupation in the United States, employing 354,800 workers in 2022.
(The National average for all occupations is 147,916 workers)
|
Growth
|
Average growth
|
|
Increased demand for loan officers is expected as both businesses and individuals seek credit to finance commercial investments and personal spending. Loan officers will be needed to evaluate the creditworthiness of applicants and determine the likelihood that loans will be paid back in full and on time. However, the decline of bank branches and the increased use of productivity-enhancing technology in loan processing are expected to slow employment growth.
|
Industries
|
Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (85.3%)
- Credit intermediation and related activities (NAICS522000) (81.7%)
- Nondepository credit intermediation (NAICS522200) (31.4%)
- Other Nondepository Credit Intermediation (NAICS522290) (28.6%)
|