SalaryNode

Average Tellers Salary in Billings, MT

The average annual salary for Tellers in Billings, MT is $38,830. 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 Billings area. The cost of living in Billings aligns perfectly with the national average, suggesting that this salary offers a comparable standard of living.

Executive Summary

  • Average Salary: $38,830 per year.
  • Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,110.
  • Outlook: Billings, MT hosts a local workforce of 290 Tellers, with 3.07 jobs per 1,000 workers. The Location Quotient of 1.39 signifies a higher concentration of Teller positions in Billings compared to the national average, suggesting a robust and potentially growing demand for these professionals within the local job market.
2024 Market Data

Salary Overview

$38,830

The average Tellers in Billings, MT earns-5.2%below the national average.

BreakdownBased on 40h/week
Hourly

$18.7

Weekly

$747

Monthly

$3,236

Tellers Salary Distribution in Billings, MT

Salary progression for Tellers in Billings, MT, like elsewhere, is typically tied to experience and skill development. Entry-level positions will command lower salaries, while senior Tellers with extensive experience, specialized knowledge, or supervisory responsibilities can expect significantly higher earnings. The percentile gaps in salary distribution reflect these opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,490$17.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,123$14
ManagerOversees team, compliance, and project delivery.50% (Median)$37,510$18
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,538$23.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$45,110$21.7

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$38,830

Gross Pay

Real Wage (Purchasing Power)

$38,830

Adjusted for COL (100)

With an average annual salary of $38,830 and a Cost of Living Index of 100 (matching the national average), Tellers in Billings, MT experience a salary that directly reflects the national cost of living. This means that the purchasing power of their income in Billings is comparable to what a Teller earning the national average would experience nationwide.

Job Market Context

290

Total Jobs

3.07

Per 1K Jobs

1.39

Location Quotient

Above Average

With a location quotient of 1.39, Billings, MT has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.39 for Tellers in Billings, MT indicates a notable concentration of these roles relative to the national average. This suggests that the job market for Tellers in Billings is more active and potentially more competitive than in many other areas, offering more opportunities but also potentially more candidates vying for positions.

Nearby Job Markets

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Billings, MT?

The median annual salary for a Tellers in Billings, MT is $38,830. This typically ranges from $35,490 for entry-level positions to $45,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Billings, MT is 5.2% lower than the national median of $40,940.

Is Billings, MT a lucrative place for Tellers?

No, not significantly more lucrative than the national average.While Billings, MT has a higher concentration of Teller jobs (LQ of 1.39), the average salary of $38,830 is slightly below the national average of $40,940, and the cost of living is on par with the national average.

Is Billings, MT a good place to live for Tellers?

The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.

How does the Billings Teller salary compare to the national average?

The average annual salary for Tellers in Billings, MT is $38,830, which is slightly lower than the national average of $40,940.

What does the Location Quotient of 1.39 mean for Tellers in Billings?

A Location Quotient of 1.39 signifies that Teller positions are 39% more concentrated in Billings, MT, compared to the national average, indicating a stronger local presence of this profession.

Is the cost of living in Billings, MT high for Tellers?

No, the cost of living in Billings, MT is exactly at the national average (index of 100), meaning the $38,830 salary has a purchasing power equivalent to the national average.

How many Tellers are employed in Billings, MT?

There are approximately 290 Tellers employed in Billings, MT, representing 3.07 jobs per 1,000 workers in the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Billings, MT area with a job density of 3.07 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Billings, MT