Average Tellers Salary in Beaumont-Port Arthur, TX
Tellers in Beaumont-Port Arthur, TX earn an average annual salary of $37,140, which is slightly below the national average of $40,940. This localized pay is influenced by the specific economic conditions and demand for financial services within the Beaumont-Port Arthur region. Factors such as the cost of living and the concentration of financial institutions play a significant role in shaping compensation for these essential roles.
Executive Summary
- Average Salary: $37,140 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,170.
- Outlook: With a total local workforce of 420 Tellers, Beaumont-Port Arthur demonstrates a stable, albeit modest, job market for this profession. The Location Quotient of 1.19 indicates a slightly higher concentration of Tellers compared to the national average, suggesting a consistent demand that supports the existing workforce. While not a booming market, the steady presence of these roles points to a reliable employment landscape for financial service professionals in the area.
Salary Overview
The average Tellers in Beaumont-Port Arthur, TX earns-9.3%below the national average.
$17.9
$714
$3,095
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Beaumont-Port Arthur is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery and inflation typically drive up wages across most sectors, including banking and finance. Therefore, Tellers in this region have likely experienced incremental increases in their compensation, reflecting broader economic trends and the evolving demands of the financial industry.
Tellers Salary Distribution in Beaumont-Port Arthur, TX
Career progression for Tellers in Beaumont-Port Arthur typically involves moving from entry-level positions to more experienced roles, often accompanied by salary increases. While specific percentile data is unavailable, it's common for senior Tellers with extensive experience and specialized skills to command higher salaries than their junior counterparts. The gap between entry-level and senior positions signifies opportunities for professional development and increased earning potential within the local financial sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,120 | $14 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $27,855 | $13.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,060 | $17.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $46,425 | $22.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,170 | $22.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,140
Gross Pay
Real Wage (Purchasing Power)
$37,140
Adjusted for COL (100)
The average annual salary of $37,140 for Tellers in Beaumont-Port Arthur 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 this region is comparable to the national standard. While the nominal salary may appear lower than the national average, the equivalent cost of living suggests that the take-home pay offers a similar standard of living as in other parts of the country.
Job Market Context
420
Total Jobs
2.623
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Beaumont-Port Arthur, TX has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.19 for Tellers in Beaumont-Port Arthur signifies a slightly higher concentration of these roles compared to the national average. This suggests that the demand for Tellers in this specific metropolitan area is robust relative to its overall workforce size. While not an overwhelmingly concentrated market, this figure indicates a healthy presence of financial institutions requiring Tellers, making it a potentially favorable environment for job seekers in this field.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Lake Charles, LA Tellers Salary | $33,800↓ 9% | 56 mi |
| Houston-Pasadena-The Woodlands, TX Tellers Salary | $39,020↑ 5% | 77 mi |
Comparing salaries near Beaumont-Port Arthur, TX
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Beaumont-Port Arthur, TX?
The median annual salary for a Tellers in Beaumont-Port Arthur, TX is $37,140. This typically ranges from $29,120 for entry-level positions to $46,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Beaumont-Port Arthur, TX is 9.3% lower than the national median of $40,940.
Is Beaumont-Port Arthur, TX a lucrative place for Tellerss?
No, not exceptionally lucrative compared to the national average.The average salary for Tellers in Beaumont-Port Arthur is $37,140, which is below the national average of $40,940. However, the cost of living is also at the national average, meaning the salary's purchasing power is comparable.
Is Beaumont-Port Arthur, TX a good place to live for Tellers?
The Cost of Living Index in Beaumont-Port Arthur, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Beaumont-Port Arthur, TX?
Some top paying nearby cities include Lake Charles, LA ($33,800) and Houston-Pasadena-The Woodlands, TX.
How does the Tellers salary in Beaumont-Port Arthur compare to the national average?
The average annual salary for Tellers in Beaumont-Port Arthur, TX is $37,140, which is approximately $3,800 less than the national average of $40,940.
What is the Cost of Living in Beaumont-Port Arthur, TX for Tellers?
The Cost of Living Index in Beaumont-Port Arthur, TX is 100, which is exactly the national average. This means that the cost of goods and services is neither significantly higher nor lower than the national benchmark.
Is there high demand for Tellers in Beaumont-Port Arthur, TX?
With a Location Quotient of 1.19, there is a slightly higher concentration of Tellers in Beaumont-Port Arthur compared to the national average, indicating a steady demand for these professionals.
How many Tellers work in Beaumont-Port Arthur, TX?
There are approximately 420 Tellers employed within the Beaumont-Port Arthur, TX metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Beaumont-Port Arthur, TX area with a job density of 2.623 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 Beaumont-Port Arthur, TX