Average Tellers Salary in Dubuque, IA
Tellers in Dubuque, IA, earn an average annual salary of $39,780. This figure is slightly below the national average of $40,940, suggesting localized economic factors and demand play a role in compensation within this specific Iowa market. The concentration of Tellers relative to the national average also influences these pay rates.
Executive Summary
- Average Salary: $39,780 per year.
- Growth Trend: Salaries have shifted 31.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,900.
- Outlook: With a local workforce of 220 Tellers and a Location Quotient of 1.71, Dubuque exhibits a notably higher concentration of these professionals than the national average. This indicates a robust local demand and a significant presence of Teller roles within the Dubuque economy, suggesting a stable job market for this profession.
Salary Overview
The average Tellers in Dubuque, IA earns-2.8%below the national average.
$19.1
$765
$3,315
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Tellers' salaries in Dubuque, IA, have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, evolving banking technologies, and regional economic development likely contribute to a steady, albeit potentially modest, increase in average annual earnings for this role.
Tellers Salary Distribution in Dubuque, IA
As Tellers gain experience, their earning potential typically increases. Entry-level positions often start at the lower end of the salary spectrum, while senior Tellers with extensive knowledge of financial products, customer service expertise, and potentially supervisory duties can command higher salaries. The percentile gaps in pay reflect this career progression and the value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,370 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,835 | $14.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,340 | $18.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,725 | $23.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,900 | $22.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,780
Gross Pay
Real Wage (Purchasing Power)
$39,780
Adjusted for COL (100)
The average annual salary for Tellers in Dubuque, IA, stands at $39,780, aligning perfectly with the national Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, indicating that the cost of essential goods and services in Dubuque is neither significantly higher nor lower than the typical U.S. city.
Job Market Context
220
Total Jobs
3.753
Per 1K Jobs
1.71
Location Quotient
Dubuque, IA has 1.7x 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.
Dubuque, IA, boasts a Location Quotient of 1.71 for Tellers, significantly exceeding the national average of 1.0. This suggests that the demand for Tellers in Dubuque is considerably higher relative to the size of its workforce compared to the rest of the country, indicating a potentially competitive market for employers seeking talent and a favorable environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Tellers Salary | $40,100↑ 1% | 62 mi |
| Davenport-Moline-Rock Island, IA-IL Tellers Salary | $38,280↓ 4% | 65 mi |
| Iowa City, IA Tellers Salary | $42,170↑ 6% | 72 mi |
| Madison, WI Tellers Salary | $41,570↑ 4% | 78 mi |
| Waterloo-Cedar Falls, IA Tellers Salary | $39,170↓ 2% | 84 mi |
Comparing salaries near Dubuque, IA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Dubuque, IA?
The median annual salary for a Tellers in Dubuque, IA is $39,780. This typically ranges from $35,370 for entry-level positions to $46,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dubuque, IA is 2.8% lower than the national median of $40,940.
Is Dubuque, IA a lucrative place for Tellers?
Moderately. While the salary is slightly below the national average, the cost of living is also at the national average.The average salary of $39,780 is slightly lower than the national average, but the cost of living index of 100 means your earnings will have comparable purchasing power to the national average.
Is Dubuque, IA a good place to live for Tellers?
The Cost of Living Index in Dubuque, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dubuque, IA?
Some top paying nearby cities include Cedar Rapids, IA ($40,100) and Davenport-Moline-Rock Island, IA-IL.
How does Dubuque's Teller salary compare to the national average?
The average annual salary for Tellers in Dubuque, IA is $39,780, which is slightly lower than the national average of $40,940.
What is the concentration of Tellers in Dubuque, IA?
Dubuque, IA has a Location Quotient of 1.71 for Tellers, meaning the profession is 71% more concentrated than the national average.
How does the cost of living in Dubuque affect Teller salaries?
With a Cost of Living Index of 100, Dubuque's cost of living is exactly at the national average, meaning the $39,780 salary offers average purchasing power.
What does the high Location Quotient for Tellers in Dubuque imply?
A Location Quotient of 1.71 suggests a strong local demand for Tellers relative to the national average, potentially leading to more job opportunities within the city.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Dubuque, IA area with a job density of 3.753 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 Dubuque, IA