Average Gambling Change Persons and Booth Cashiers Salary in Minnesota
In Minnesota, Gambling Change Persons and Booth Cashiers earn an average annual salary of $32,460, which is slightly below the national average of $34,340. This localized pay is influenced by a combination of regional economic factors and the specific demand within the state's gaming industry. While the nominal salary is lower than the national benchmark, the cost of living plays a crucial role in understanding the true purchasing power.
Executive Summary
- Average Salary: $32,460 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,070.
- Outlook: Minnesota's market for Gambling Change Persons and Booth Cashiers appears robust, evidenced by a substantial local workforce of 590 individuals. The Location Quotient of 1.41 significantly exceeds the national average, indicating a higher concentration of these roles within the state compared to the rest of the country. This suggests a stable and potentially growing demand for these specialized positions.
Salary Overview
The average Gambling Change Persons and Booth Cashiers in Minnesota earns-5.5%below the national average.
$15.6
$624
$2,705
Gambling Change Persons and Booth Cashiers Salary Trends (2020-2024)
While specific historical data for this niche role in Minnesota isn't provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring broader economic recovery and inflation adjustments. The gaming industry, in particular, often sees salary adjustments tied to revenue performance and evolving regulatory landscapes, suggesting that compensation for these positions has likely seen modest growth.
Gambling Change Persons and Booth Cashiers Salary Distribution in Minnesota
Career progression for Gambling Change Persons and Booth Cashiers typically involves moving from entry-level roles to more senior positions, often accompanied by salary increases. While specific percentile data isn't available, it's common for experienced professionals to command higher salaries, reflecting accumulated knowledge, enhanced customer service skills, and potentially greater responsibilities within the gaming establishment. These salary differentials signify clear career advancement pathways.
| 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) | $24,345 | $11.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $31,130 | $15 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $40,575 | $19.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $44,070 | $21.2 |
Detailed Gambling Change Persons and Booth Cashiers Market Analysis
Relocation Context
Nominal Salary
$32,460
Gross Pay
Real Wage (Purchasing Power)
$34,386
Adjusted for COL (94.4)
The average annual salary of $32,460 in Minnesota for Gambling Change Persons and Booth Cashiers is positioned against a Cost of Living Index of 94.4, which is below the national average of 100. This means that while the nominal salary is slightly lower than the national average, the reduced cost of living in Minnesota can effectively increase the purchasing power of this income, making it more competitive than it initially appears.
Job Market Context
590
Total Jobs
0.201
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Minnesota has a slightly higher-than-average concentration of Gambling Change Persons and Booth Cashiers roles compared to the national norm.
With a Location Quotient of 1.41, Minnesota demonstrates a significantly higher concentration of Gambling Change Persons and Booth Cashiers than the national average. This suggests that the job market in Minnesota is relatively abundant for these roles, potentially indicating more opportunities or a more competitive environment for job seekers compared to states with lower quotients. Employers may find a readily available talent pool.
Nearby Job Markets
Nearby Cities for Gambling Change Persons and Booth Cashiers
| City | Salary | Dist. |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI Gambling Change Persons and Booth Cashiers Salary | $30,980↓ 5% | 58 mi |
Comparing salaries near Minnesota
Hiring Gambling Change Persons and Booth Cashierss?
Frequently Asked Questions
How much does a Gambling Change Persons and Booth Cashiers make in Minnesota?
The median annual salary for a Gambling Change Persons and Booth Cashiers in Minnesota is $32,460. This typically ranges from $23,700 for entry-level positions to $44,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minnesota is 5.5% lower than the national median of $34,340.
Is Minnesota a lucrative place for Gambling Change Persons and Booth Cashierss?
Yes, with caveats.Minnesota offers a slightly below-national-average salary but compensates with a lower cost of living and a higher concentration of these jobs, indicating a stable market.
Is Minnesota a good place to live for Gambling Change Persons and Booth Cashiers?
With a Cost of Living Index of 94.4 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Minnesota?
Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($30,980) and others.
How does the Minnesota salary compare to the national average?
The average annual salary for Gambling Change Persons and Booth Cashiers in Minnesota is $32,460, which is approximately $1,880 less than the national average of $34,340.
What is the significance of Minnesota's Location Quotient (LQ) of 1.41?
An LQ of 1.41 means that Minnesota has 41% more Gambling Change Persons and Booth Cashiers per worker than the national average, indicating a higher concentration and potentially stronger demand for these roles within the state.
How does the cost of living affect the salary in Minnesota?
With a Cost of Living Index of 94.4, Minnesota is more affordable than the national average. This means the $32,460 salary can provide a higher standard of living and purchasing power than the same amount would in a higher-cost state.
What is the total number of Gambling Change Persons and Booth Cashiers in Minnesota?
There are approximately 590 Gambling Change Persons and Booth Cashiers employed in Minnesota, representing a notable segment of the state's workforce in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Minnesota area with a job density of 0.201 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Gambling Change Persons and Booth Cashiers • Data source: BLS OEWS 2024 •Jobs in Minnesota