Average Tellers Salary in Appleton, WI
In Appleton, WI, Tellers earn an average annual salary of $40,200. This figure is slightly below the national average of $40,940, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the Appleton area. The cost of living in Appleton is precisely at the national average, suggesting that the salary offers a comparable purchasing power to the rest of the country.
Executive Summary
- Average Salary: $40,200 per year.
- Growth Trend: Salaries have shifted 33.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,650.
- Outlook: The Teller job market in Appleton, WI, appears robust, with a total local workforce of 390 individuals in this role. The Location Quotient of 1.45 signifies a concentration of Teller positions significantly higher than the national average, suggesting a strong demand and a specialized market for these financial professionals within the region.
Salary Overview
The average Tellers in Appleton, WI earns-1.8%below the national average.
$19.3
$773
$3,350
Tellers Salary Trends (2020-2024)
While specific historical data for Appleton's Teller salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national wage growth. Economic shifts and inflation typically drive salary increases across most sectors, and Tellers in Appleton likely experienced modest gains in compensation over this period, keeping pace with the evolving economic landscape.
Tellers Salary Distribution in Appleton, WI
Career progression for Tellers in Appleton, WI, typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior Tellers with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between these percentile ranges reflects the tangible career advancement and increased earning potential available within the Teller profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,980 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,150 | $14.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,720 | $18.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,250 | $24.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,650 | $21.9 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$40,200
Gross Pay
Real Wage (Purchasing Power)
$40,200
Adjusted for COL (100)
The nominal average salary of $40,200 in Appleton, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Appleton is equivalent to that of a Teller earning the national average in a location with a national average cost of living. Therefore, the salary offers standard economic stability relative to the cost of goods and services in the area.
Job Market Context
390
Total Jobs
3.184
Per 1K Jobs
1.45
Location Quotient
With a location quotient of 1.45, Appleton, WI has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.45, Appleton, WI, exhibits a higher concentration of Tellers compared to the national average. This suggests that the job market for Tellers in Appleton is relatively more abundant or in higher demand than in many other parts of the country. While this could indicate more opportunities, it also implies a potentially competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Oshkosh-Neenah, WI Tellers Salary | $40,020↓ 0% | 20 mi |
| Green Bay, WI Tellers Salary | $41,060↑ 2% | 26 mi |
| Fond du Lac, WI Tellers Salary | $39,280↓ 2% | 35 mi |
| Sheboygan, WI Tellers Salary | $40,790↑ 1% | 49 mi |
| South Central Wisconsin nonmetropolitan area Tellers Salary | $39,820↓ 1% | 61 mi |
Comparing salaries near Appleton, WI
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Appleton, WI?
The median annual salary for a Tellers in Appleton, WI is $40,200. This typically ranges from $35,980 for entry-level positions to $45,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Appleton, WI is 1.8% lower than the national median of $40,940.
Is Appleton, WI a lucrative place for Tellers?
Yes, it offers average national purchasing power for Tellers.Tellers in Appleton earn $40,200, which, combined with a cost of living index of 100, provides the same purchasing power as the national average. The high location quotient also suggests a strong local demand for these roles.
Is Appleton, WI a good place to live for Tellers?
The Cost of Living Index in Appleton, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Appleton, WI?
Some top paying nearby cities include Oshkosh-Neenah, WI ($40,020) and Green Bay, WI.
How does the Teller salary in Appleton compare to the national average?
The average annual salary for Tellers in Appleton, WI is $40,200, which is slightly lower than the national average of $40,940.
What does the Location Quotient of 1.45 mean for Tellers in Appleton?
A Location Quotient of 1.45 indicates that Teller positions are 45% more concentrated in Appleton compared to the national average, suggesting a stronger local presence and demand for this profession.
How does the cost of living in Appleton affect the Teller salary?
Appleton's cost of living is exactly at the national average (100), meaning the $40,200 salary offers standard purchasing power, neither significantly enhanced nor diminished by local expenses.
What is the total number of Tellers employed in Appleton, WI?
There are approximately 390 Tellers employed in the Appleton, WI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Appleton, WI area with a job density of 3.184 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Appleton, WI