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Average Tellers Salary in East-Central Montana nonmetropolitan area

In the East-Central Montana nonmetropolitan area, Tellers earn an average annual salary of $38,200. This figure is slightly below the national average of $40,940. Localized economic factors, including the specific demand for banking services and the overall cost structure of smaller communities, often influence these regional pay scales.

Executive Summary

  • Average Salary: $38,200 per year.
  • Growth Trend: Salaries have shifted 20.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,720.
  • Outlook: The Tellers job market in East-Central Montana appears robust, with a total local workforce of 240 individuals in this role. The Location Quotient of 1.78 significantly exceeds the national average, indicating a higher concentration of Tellers relative to the general workforce in this region, suggesting a steady demand for these positions.
2024 Market Data

Salary Overview

$38,200

The average Tellers in East-Central Montana nonmetropolitan area earns-6.7%below the national average.

BreakdownBased on 40h/week
Hourly

$18.4

Weekly

$735

Monthly

$3,183

Tellers Salary Distribution in East-Central Montana nonmetropolitan area

As with most professions, Tellers salaries in East-Central Montana are expected to scale with experience. Entry-level positions typically command the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more. The percentile gaps in salary distribution would reflect this career progression, with senior Tellers occupying the higher earning brackets.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,340$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$28,650$13.8
ManagerOversees team, compliance, and project delivery.50% (Median)$37,930$18.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$47,750$23
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$45,720$22

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$38,200

Gross Pay

Real Wage (Purchasing Power)

$38,200

Adjusted for COL (100)

The nominal average salary of $38,200 for Tellers in East-Central Montana aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this region is comparable to that of a Teller earning the national average in a typical U.S. location, offering a stable financial baseline.

Job Market Context

240

Total Jobs

3.927

Per 1K Jobs

1.78

Location Quotient

Major Hub

East-Central Montana nonmetropolitan area has 1.8x 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 1.78 for Tellers in East-Central Montana is notably high, signifying a market where this profession is more concentrated than the national average. This suggests a strong presence and potentially higher demand for Tellers relative to other occupations within the region, indicating a competitive but accessible job market.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Great Falls, MT Tellers Salary$37,460 2%56 mi
Helena, MT Tellers Salary$38,610 1%77 mi
Bozeman, MT Tellers Salary$42,100 10%90 mi

Comparing salaries near East-Central Montana nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in East-Central Montana nonmetropolitan area?

The median annual salary for a Tellers in East-Central Montana nonmetropolitan area is $38,200. This typically ranges from $31,340 for entry-level positions to $45,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East-Central Montana nonmetropolitan area is 6.7% lower than the national median of $40,940.

Is East-Central Montana nonmetropolitan area a lucrative place for Tellerss?

No, not exceptionally lucrative compared to the national average.While the cost of living is on par with the national average, the average Teller salary of $38,200 is below the national average of $40,940, indicating a slightly lower earning potential in this region.

Is East-Central Montana nonmetropolitan area a good place to live for Tellers?

The Cost of Living Index in East-Central Montana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near East-Central Montana nonmetropolitan area?

Some top paying nearby cities include Great Falls, MT ($37,460) and Helena, MT.

How does the number of Tellers in East-Central Montana compare to the national average?

With 3.927 Tellers per 1,000 workers, this region has a higher concentration than the national average, as indicated by its Location Quotient of 1.78.

What is the significance of the Location Quotient (LQ) for Tellers in this area?

An LQ of 1.78 means there are 78% more Tellers in East-Central Montana relative to the national average workforce composition, suggesting a specialized local demand.

Does the cost of living affect the perceived value of a Teller's salary in East-Central Montana?

No, the local cost of living is exactly at the national average (100), meaning the $38,200 salary has purchasing power equivalent to the national average salary in a typical U.S. location.

What does the total local workforce size of 240 Tellers imply?

A workforce of 240 Tellers indicates a substantial, established presence of this role within the East-Central Montana nonmetropolitan area, supporting the high concentration suggested by the Location Quotient.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the East-Central Montana nonmetropolitan area area with a job density of 3.927 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.