SalaryNode

Average Tellers Salary in Bismarck, ND

Tellers in Bismarck, North Dakota, earn an average annual salary of $42,840, which is notably higher than the national average of $40,940. This favorable compensation is often influenced by the specific economic conditions and demand within the local financial sector, reflecting a localized premium for these essential banking roles.

Executive Summary

  • Average Salary: $42,840 per year.
  • Growth Trend: Salaries have shifted 28.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $53,170.
  • Outlook: The Bismarck, ND job market for Tellers appears robust, with a total local workforce of 290 individuals. The Location Quotient of 1.86 indicates a significantly higher concentration of Teller positions in Bismarck compared to the national average, suggesting strong local demand and a potentially stable job outlook for professionals in this field.
2024 Market Data

Salary Overview

$42,840

The average Tellers in Bismarck, ND earns+4.6%above the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$824

Monthly

$3,570

Tellers Salary Distribution in Bismarck, ND

Career progression for Tellers in Bismarck typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings reflect this growth, with experienced professionals occupying the higher salary brackets.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,900$17.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,130$15.4
ManagerOversees team, compliance, and project delivery.50% (Median)$41,990$20.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,550$25.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$53,170$25.6

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$42,840

Gross Pay

Real Wage (Purchasing Power)

$42,840

Adjusted for COL (100)

With an average annual salary of $42,840 and a Cost of Living Index of 100, Tellers in Bismarck, ND, experience a salary that aligns precisely with the national average cost of living. This means that the nominal salary holds its purchasing power effectively within the local market, offering a stable financial standing relative to national benchmarks.

Job Market Context

290

Total Jobs

4.096

Per 1K Jobs

1.86

Location Quotient

Major Hub

Bismarck, ND has 1.9x the national concentration of Tellers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Bismarck, ND, exhibits a strong concentration of Teller positions, as evidenced by a Location Quotient of 1.86. This figure, well above the national average of 1.0, suggests that Tellers are in higher demand relative to the general workforce in Bismarck than they are nationally, indicating a favorable market for job seekers in this profession.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
West North Dakota nonmetropolitan area Tellers Salary$41,900↓ 2%68 mi
East North Dakota nonmetropolitan area Tellers Salary$40,460↓ 6%68 mi

Comparing salaries near Bismarck, ND

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Bismarck, ND?

The median annual salary for a Tellers in Bismarck, ND is $42,840. This typically ranges from $36,900 for entry-level positions to $53,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bismarck, ND is 4.6% higher than the national median of $40,940.

Is Bismarck, ND a lucrative place for Tellers?

Yes, Bismarck, ND offers a slightly more lucrative environment for Tellers compared to the national average.The average annual salary for Tellers in Bismarck is $42,840, exceeding the national average of $40,940. Coupled with a Cost of Living Index at the national average, this presents a favorable financial standing for Tellers in the city.

Is Bismarck, ND a good place to live for Tellers?

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

Where are the highest paying cities near Bismarck, ND?

Some top paying nearby cities include West North Dakota nonmetropolitan area ($41,900) and East North Dakota nonmetropolitan area.

How does Bismarck's Teller salary compare to the national average?

Tellers in Bismarck, ND, earn an average of $42,840 annually, which is $1,900 more than the national average of $40,940.

What is the concentration of Teller jobs in Bismarck?

Bismarck has a Location Quotient of 1.86 for Tellers, meaning the job concentration is 86% higher than the national average, indicating strong local demand.

How does the cost of living in Bismarck affect Teller salaries?

Bismarck's Cost of Living Index is 100, which is the national average. This means the higher-than-average salary for Tellers in Bismarck translates directly to better purchasing power locally.

What is the total number of Tellers employed in Bismarck?

There are approximately 290 Tellers employed in Bismarck, North Dakota, representing 4.096 jobs per 1,000 workers in the local economy.

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 Bismarck, ND area with a job density of 4.096 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 Bismarck, ND