Average Tellers Salary in Central Missouri nonmetropolitan area
In the Central Missouri nonmetropolitan area, Tellers can expect an average annual salary of $33,570. This figure is notably below the national average of $40,940, reflecting the economic dynamics and potentially lower demand for banking services in nonmetropolitan regions compared to urban centers. The specific pay scales in this area are influenced by local economic conditions and the overall cost of labor.
Executive Summary
- Average Salary: $33,570 per year.
- Growth Trend: Salaries have shifted 25.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $38,070.
- Outlook: The Tellers job market in the Central Missouri nonmetropolitan area is characterized by a substantial local workforce of 880 individuals. With a Location Quotient of 2.59, this indicates a significantly higher concentration of Tellers jobs relative to the national average, suggesting a robust and specialized demand for these roles within the region's economy.
Salary Overview
The average Tellers in Central Missouri nonmetropolitan area earns-18.0%below the national average.
$16.1
$646
$2,798
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Central Missouri is not provided, it is generally assumed that salaries in this sector have experienced modest growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased responsibilities, and the evolving nature of financial services, though regional economic factors can moderate the pace of salary increases.
Tellers Salary Distribution in Central Missouri nonmetropolitan area
Career progression for Tellers in Central Missouri nonmetropolitan area typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in salary distributions highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,260 | $14.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,178 | $12.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $33,720 | $16.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $41,963 | $20.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $38,070 | $18.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$33,570
Gross Pay
Real Wage (Purchasing Power)
$33,570
Adjusted for COL (100)
The nominal average annual salary of $33,570 in Central Missouri nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average for Tellers, the purchasing power of that salary is equivalent to the national average, suggesting that the lower nominal wage is balanced by a comparable cost of living.
Job Market Context
880
Total Jobs
5.702
Per 1K Jobs
2.59
Location Quotient
Central Missouri nonmetropolitan area has 2.6x 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.
The Location Quotient of 2.59 for Tellers in the Central Missouri nonmetropolitan area signifies a strong concentration of these roles, more than double the national average. This suggests that the job market is relatively abundant with opportunities for Tellers compared to other professions or other regions, indicating a healthy demand and a competitive environment for those seeking employment in this field.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Tellers Salary | $36,360↑ 8% | 10 mi |
| Columbia, MO Tellers Salary | $36,160↑ 8% | 34 mi |
Comparing salaries near Central Missouri nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Central Missouri nonmetropolitan area?
The median annual salary for a Tellers in Central Missouri nonmetropolitan area is $33,570. This typically ranges from $29,260 for entry-level positions to $38,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Missouri nonmetropolitan area is 18.0% lower than the national median of $40,940.
Is Central Missouri nonmetropolitan area a lucrative place for Tellerss?
No, it is not considered a lucrative place for Tellers.The average salary of $33,570 is significantly below the national average, although the cost of living is also at the national average. The high concentration of jobs suggests demand, but not necessarily high pay.
Is Central Missouri nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Central Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Missouri nonmetropolitan area?
Some top paying nearby cities include Jefferson City, MO ($36,360) and Columbia, MO.
How does the Teller salary in Central Missouri compare to the national average?
The average annual salary for Tellers in Central Missouri nonmetropolitan area is $33,570, which is substantially lower than the national average of $40,940.
What is the significance of the Location Quotient in Central Missouri for Tellers?
A Location Quotient of 2.59 indicates that Tellers are more than twice as concentrated in Central Missouri nonmetropolitan area compared to the national average, suggesting a higher demand and availability of these jobs in the region.
Does the cost of living affect the perceived value of a Teller salary in Central Missouri?
No, the cost of living in Central Missouri nonmetropolitan area is at the national average (100), meaning the lower nominal salary of $33,570 has equivalent purchasing power to the national average salary in a higher cost-of-living area.
How many Tellers work in the Central Missouri nonmetropolitan area?
There are approximately 880 Tellers employed in the Central Missouri nonmetropolitan area, representing 5.702 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 880 employees in the Central Missouri nonmetropolitan area area with a job density of 5.702 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 Central Missouri nonmetropolitan area