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Oklahoma Earnings
Oklahoma Metropolitan Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
Enid MSA
|
$50,590 or $24.32/hr
|
$29,990 or $14.42/hr
|
$78,450 or $37.72/hr
|
|
Fort Smith AR-OK MSA
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$53,830 or $25.88/hr
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$27,040 or $13.00/hr
|
$78,000 or $37.50/hr
|
|
Lawton MSA
|
$72,440 or $34.83/hr
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$28,110 or $13.51/hr
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$104,840 or $50.41/hr
|
|
Oklahoma City MSA
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$58,420 or $28.09/hr
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$28,500 or $13.70/hr
|
$95,390 or $45.86/hr
|
|
Tulsa MSA
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$66,100 or $31.78/hr
|
$35,590 or $17.11/hr
|
$104,780 or $50.37/hr
|
Oklahoma Geographical Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
Northeast Oklahoma nonmetropolitan area
|
$41,960 or $20.17/hr
|
$23,230 or $11.17/hr
|
$60,820 or $29.24/hr
|
|
Northwest Oklahoma nonmetropolitan area
|
$45,030 or $21.65/hr
|
$30,460 or $14.65/hr
|
$73,990 or $35.57/hr
|
|
Southwest Oklahoma nonmetropolitan area
|
$36,150 or $17.38/hr
|
$22,910 or $11.01/hr
|
$56,400 or $27.12/hr
|
|
Southeast Oklahoma nonmetropolitan area
|
$38,460 or $18.49/hr
|
$22,140 or $10.64/hr
|
$60,990 or $29.32/hr
|
Oklahoma's Employment and Outlook (State-wide)
|
Outlook
|
Decreasing
Growth rate is estimated to be -20%
|
|
Job Openings
|
360 estimated annual job openings
|
|
Employment
|
6,040 were employed in this occupation
|
Regions with increasing outlook (over 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Northeast
|
320
|
22%
|
8
|
N/A
|
39
|
|
Southwest
|
230
|
22%
|
5
|
N/A
|
28
|
|
Lawton MSA
|
120
|
25%
|
3
|
N/A
|
16
|
Regions with stable outlook (0 to 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Northwest
|
340
|
9%
|
3
|
N/A
|
35
|
|
Southeast
|
410
|
15%
|
6
|
N/A
|
45
|
|
Tulsa MSA
|
1,420
|
9%
|
13
|
N/A
|
145
|
|
Oklahoma City MSA
|
2,250
|
10%
|
23
|
N/A
|
234
|
|
Enid
|
160
|
6%
|
2
|
N/A
|
16
|
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 2021 to 2031 is estimated to be +6%.
(The National average for all occupations is +5%)
|
|
Job Openings
|
very small number
|
|
|
A total of 5270 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
|
|
Employment
|
large occupation
|
|
|
This was a large occupation in the United States, employing 523,200 workers in 2021.
(The National average for all occupations is 142,207 workers)
|
|
Growth
|
Average growth
|
|
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Because the profitability of insurance companies depends on a steady stream of new customers, the demand for insurance sales agents is expected to continue. Employment growth will likely be strongest for independent sales agents as insurance companies rely more on brokerages and less on in-house agents as a way to control costs.
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Industries
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Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (83.2%)
- Insurance carriers and related activities (NAICS524000) (82.4%)
- Agencies, brokerages, and other insurance related activities (NAICS524200) (63%)
- Insurance agencies and brokerages (NAICS524210) (60.5%)
- Insurance carriers (NAICS524100) (19.4%)
- Self-employed workers (13.8%)
- Direct insurance (except life, health, and medical) carriers (NAICS524120) (7.7%)
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