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Average Tellers Salary in Columbia, MO

Tellers in Columbia, Missouri, earn an average annual salary of $36,160. This figure is notably below the national average of $40,940, indicating that local market dynamics and potentially lower cost of living factors influence compensation in this region. The specific economic landscape of Columbia shapes the earning potential for these essential financial service professionals.

Executive Summary

  • Average Salary: $36,160 per year.
  • Growth Trend: Salaries have shifted 22.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,060.
  • Outlook: With a total local workforce of 290 Tellers, Columbia, MO, presents a moderately sized employment pool. The Location Quotient of 1.26 suggests a concentration of Teller roles slightly above the national average, implying a steady demand for these positions within the local economy. This indicates a stable, albeit not rapidly expanding, job market for Tellers in the area.
2024 Market Data

Salary Overview

$36,160

The average Tellers in Columbia, MO earns-11.7%below the national average.

BreakdownBased on 40h/week
Hourly

$17.4

Weekly

$695

Monthly

$3,013

Tellers Salary Distribution in Columbia, MO

Career progression for Tellers in Columbia, MO, typically involves salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command higher salaries. The percentile gaps in earnings signify clear opportunities for advancement and increased earning potential as one moves up the career ladder.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,560$14.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$27,120$13
ManagerOversees team, compliance, and project delivery.50% (Median)$35,350$17
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$45,200$21.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$45,060$21.7

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$36,160

Gross Pay

Real Wage (Purchasing Power)

$36,160

Adjusted for COL (100)

The average annual salary of $36,160 for Tellers in Columbia, MO, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in Columbia is neither significantly higher nor lower than the typical American city.

Job Market Context

290

Total Jobs

2.772

Per 1K Jobs

1.26

Location Quotient

Above Average

With a location quotient of 1.26, Columbia, MO has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

A Location Quotient of 1.26 indicates that Tellers are more concentrated in Columbia, MO, than the national average. This suggests a relatively robust demand for these professionals within the local job market, potentially making it a competitive environment for new entrants but also signifying ample opportunities for experienced individuals. The abundance of roles relative to the national average points to a healthy sector for financial service support.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Jefferson City, MO Tellers Salary$36,360↑ 1%27 mi
Southeast Missouri nonmetropolitan area Tellers Salary$33,810↓ 6%34 mi
Central Missouri nonmetropolitan area Tellers Salary$33,570↓ 7%34 mi
North Missouri nonmetropolitan area Tellers Salary$33,700↓ 7%34 mi
Southwest Missouri nonmetropolitan area Tellers Salary$33,090↓ 8%34 mi

Comparing salaries near Columbia, MO

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Columbia, MO?

The median annual salary for a Tellers in Columbia, MO is $36,160. This typically ranges from $29,560 for entry-level positions to $45,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Columbia, MO is 11.7% lower than the national median of $40,940.

Is Columbia, MO a lucrative place for Tellers?

No, but it offers average purchasing power.While the average salary of $36,160 is below the national average, the cost of living in Columbia, MO, is also at the national average. This results in a purchasing power that is neither exceptionally high nor low compared to other areas.

Is Columbia, MO a good place to live for Tellers?

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

Where are the highest paying cities near Columbia, MO?

Some top paying nearby cities include Jefferson City, MO ($36,360) and Southeast Missouri nonmetropolitan area.

How does the Teller salary in Columbia, MO compare to the national average?

The average annual salary for Tellers in Columbia, MO, is $36,160, which is lower than the national average of $40,940.

What is the concentration of Tellers in Columbia, MO?

Columbia, MO has a Location Quotient of 1.26 for Tellers, indicating a higher concentration of these roles compared to the national average.

How does the cost of living affect the Teller salary in Columbia, MO?

With a Cost of Living Index of 100, the national average, the $36,160 salary in Columbia, MO, provides purchasing power equivalent to the national average.

What is the total number of Tellers employed in Columbia, MO?

There are approximately 290 Tellers employed in Columbia, MO, contributing to the local financial services sector.

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 Columbia, MO area with a job density of 2.772 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 Columbia, MO