SalaryNode

Average Tellers Salary in Colorado Springs, CO

In Colorado Springs, CO, Tellers earn an average annual salary of $42,890. This figure is slightly above the national average of $40,940, suggesting a localized demand or specific economic factors influencing compensation in this region. The cost of living in Colorado Springs is precisely at the national average, making this salary competitive.

Executive Summary

  • Average Salary: $42,890 per year.
  • Growth Trend: Salaries have shifted 20.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,720.
  • Outlook: The Colorado Springs market for Tellers shows a moderate presence, with a total local workforce of 460 individuals. The Location Quotient of 0.65 indicates that Tellers are less concentrated here compared to the national average, implying a stable but not overly saturated job market. With 1.435 jobs per 1,000 workers, the demand is consistent with the workforce size.
2024 Market Data

Salary Overview

$42,890

The average Tellers in Colorado Springs, CO earns+4.8%above the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$825

Monthly

$3,574

Tellers Salary Distribution in Colorado Springs, CO

Career progression for Tellers in Colorado Springs typically involves moving from entry-level positions to more senior roles, such as Head Teller or Branch Supervisor. As experience increases, salaries can significantly rise, with senior Tellers often earning well above the average. The percentile gaps in salary data would reflect this advancement, showing a clear reward for accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,010$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,168$15.5
ManagerOversees team, compliance, and project delivery.50% (Median)$40,900$19.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,613$25.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,720$22.9

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$42,890

Gross Pay

Real Wage (Purchasing Power)

$42,890

Adjusted for COL (100)

The average annual salary of $42,890 in Colorado Springs 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 Colorado Springs is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

460

Total Jobs

1.435

Per 1K Jobs

0.65

Location Quotient

Below Average

Colorado Springs, CO has 0.65x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.65, Colorado Springs has a lower concentration of Tellers relative to the national average. This suggests that the job market for Tellers here is not as saturated as in some other parts of the country, potentially offering good opportunities for qualified candidates without intense competition.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Northwest Colorado nonmetropolitan area Tellers Salary$46,090↑ 7%32 mi
Southwest Colorado nonmetropolitan area Tellers Salary$41,800↓ 3%32 mi
Eastern and Southern Colorado nonmetropolitan area Tellers Salary$41,150↓ 4%32 mi
Pueblo, CO Tellers Salary$39,820↓ 7%42 mi
Denver-Aurora-Centennial, CO Tellers Salary$47,140↑ 10%62 mi

Comparing salaries near Colorado Springs, CO

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Colorado Springs, CO?

The median annual salary for a Tellers in Colorado Springs, CO is $42,890. This typically ranges from $37,010 for entry-level positions to $47,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado Springs, CO is 4.8% higher than the national median of $40,940.

Is Colorado Springs, CO a lucrative place for Tellers?

Yes, it offers competitive earning potential.Tellers in Colorado Springs earn slightly above the national average salary, and the local cost of living is exactly at the national average, indicating good purchasing power.

Is Colorado Springs, CO a good place to live for Tellers?

The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Colorado Springs, CO?

Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($46,090) and Southwest Colorado nonmetropolitan area.

How does the Colorado Springs Teller salary compare to the national average?

The average annual salary for Tellers in Colorado Springs is $42,890, which is higher than the national average of $40,940.

What is the Cost of Living in Colorado Springs, CO?

The Cost of Living Index in Colorado Springs is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there than the typical US city.

How concentrated is the Teller job market in Colorado Springs?

The Teller job market in Colorado Springs is less concentrated than the national average, with a Location Quotient of 0.65, suggesting moderate demand relative to the national landscape.

What is the total number of Tellers in Colorado Springs?

There are approximately 460 Tellers employed in Colorado Springs, making up a significant portion of the local financial services workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Colorado Springs, CO area with a job density of 1.435 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 Colorado Springs, CO