Average Cashiers Salary in Traverse City, MI
Cashiers in Traverse City, MI earn an average annual salary of $30,880, which is slightly below the national average of $31,730. This minor difference can be attributed to various local economic factors, including regional demand for retail services and the specific cost structures within the Traverse City area that influence wage determination.
Executive Summary
- Average Salary: $30,880 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $36,710.
- Outlook: The job market for Cashiers in Traverse City, MI, appears robust, with a total local workforce of 1,680 individuals in this role. The Location Quotient of 1.23 indicates a higher concentration of these jobs compared to the national average, suggesting a steady demand and a significant presence of retail and service establishments requiring cashier services within the region.
Salary Overview
The average Cashiers in Traverse City, MI earns-2.7%below the national average.
$14.9
$594
$2,573
Cashiers Salary Trends (2020-2024)
While specific historical data for Traverse City cashiers isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts, inflation, and evolving retail landscapes typically drive modest annual increases in compensation for frontline roles like cashiers, aiming to keep pace with the cost of living and labor market competitiveness.
Cashiers Salary Distribution in Traverse City, MI
Experience plays a crucial role in a cashier's earning potential. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command higher salaries. The percentile gaps in earnings signify clear career progression pathways, rewarding accumulated knowledge and efficiency in customer service and transaction handling.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $23,700 | $11.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $23,160 | $11.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $30,020 | $14.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $38,600 | $18.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $36,710 | $17.6 |
Detailed Cashiers Market Analysis
Relocation Context
Nominal Salary
$30,880
Gross Pay
Real Wage (Purchasing Power)
$30,880
Adjusted for COL (100)
The nominal average annual salary of $30,880 in Traverse City, MI, aligns precisely with the national average cost of living index of 100. This means that the purchasing power of a cashier's salary in Traverse City is comparable to that of a cashier in a typical U.S. city, offering a stable financial footing without significant advantages or disadvantages related to living expenses.
Job Market Context
1,680
Total Jobs
25.019
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Traverse City, MI has a slightly higher-than-average concentration of Cashiers roles compared to the national norm.
With a Location Quotient of 1.23, Traverse City exhibits a higher concentration of cashier positions than the national average. This suggests that the job market for cashiers is relatively more abundant or in higher demand locally compared to other regions. While this indicates good opportunities, it also implies a potentially competitive environment among job seekers for available roles.
Nearby Job Markets
Hiring Cashierss?
Frequently Asked Questions
How much does a Cashiers make in Traverse City, MI?
The median annual salary for a Cashiers in Traverse City, MI is $30,880. This typically ranges from $23,700 for entry-level positions to $36,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Traverse City, MI is 2.7% lower than the national median of $31,730.
Is Traverse City, MI a lucrative place for Cashierss?
No, it is not significantly more lucrative than the national average.The average salary for cashiers in Traverse City is slightly below the national average, and the cost of living is exactly at the national average, offering no substantial financial advantage.
Is Traverse City, MI a good place to live for Cashiers?
The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.
How does the number of jobs per 1,000 workers affect the market?
With 25.019 jobs per 1,000 workers, Traverse City shows a healthy density of cashier roles relative to its overall workforce, indicating consistent employment opportunities in this sector.
What does a Location Quotient of 1.23 mean for job seekers?
A Location Quotient of 1.23 signifies that Traverse City has 23% more cashier jobs per capita than the national average, suggesting a favorable market for those seeking employment in this field.
How does Traverse City's cost of living compare nationally?
Traverse City's cost of living index is 100, meaning it is exactly on par with the national average, making it neither significantly more nor less expensive to live there compared to the rest of the country.
Are there many cashier jobs in Traverse City?
Yes, with a total local workforce of 1,680 cashiers and a Location Quotient above 1, Traverse City demonstrates a notable presence and demand for this occupation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,680 employees in the Traverse City, MI area with a job density of 25.019 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Cashiers • Data source: BLS OEWS 2024 •Jobs in Traverse City, MI