Average Tellers Salary in Eastern and Southern Colorado nonmetropolitan area
Tellers in the Eastern and Southern Colorado nonmetropolitan area earn an average annual salary of $41,150, slightly surpassing the national average of $40,940. This marginal advantage is likely influenced by the specific economic conditions and demand within this region, which may necessitate slightly higher compensation to attract and retain skilled financial service professionals.
Executive Summary
- Average Salary: $41,150 per year.
- Growth Trend: Salaries have shifted 38.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,380.
- Outlook: The job market for Tellers in Eastern and Southern Colorado appears robust, with a total local workforce of 360 individuals. The Location Quotient of 2.32 indicates a significantly higher concentration of Teller positions compared to the national average, suggesting strong local demand and a specialized need for these roles within the community's financial sector.
Salary Overview
The average Tellers in Eastern and Southern Colorado nonmetropolitan area earns+0.5%above the national average.
$19.8
$791
$3,429
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in this nonmetropolitan area have experienced steady growth over the past four years, mirroring general economic trends and inflation. This consistent upward trajectory in compensation is typical for roles that are integral to local economies and maintain stable demand.
Tellers Salary Distribution in Eastern and Southern Colorado nonmetropolitan area
Career progression for Tellers typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles reflects the value placed on accumulated knowledge and customer service expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,550 | $15.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,863 | $14.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,290 | $18.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $51,438 | $24.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,380 | $22.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$41,150
Gross Pay
Real Wage (Purchasing Power)
$41,150
Adjusted for COL (100)
The nominal average annual salary of $41,150 in Eastern and Southern Colorado 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 equivalent to that of a Teller earning the national average in a typical U.S. location, offering stable financial stability.
Job Market Context
360
Total Jobs
5.103
Per 1K Jobs
2.32
Location Quotient
Eastern and Southern Colorado nonmetropolitan area has 2.3x 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.
With a Location Quotient of 2.32, the market for Tellers in Eastern and Southern Colorado is notably concentrated. This high quotient signifies that Teller roles are more prevalent in this region than the national average, indicating a competitive landscape where employers may actively seek qualified candidates, and job seekers have a good opportunity to find relevant employment.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Tellers Salary | $42,890↑ 4% | 32 mi |
| Denver-Aurora-Centennial, CO Tellers Salary | $47,140↑ 15% | 54 mi |
| Pueblo, CO Tellers Salary | $39,820↓ 3% | 66 mi |
| Boulder, CO Tellers Salary | $45,250↑ 10% | 67 mi |
| Greeley, CO Tellers Salary | $41,850↑ 2% | 98 mi |
Comparing salaries near Eastern and Southern Colorado nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Eastern and Southern Colorado nonmetropolitan area?
The median annual salary for a Tellers in Eastern and Southern Colorado nonmetropolitan area is $41,150. This typically ranges from $31,550 for entry-level positions to $47,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern and Southern Colorado nonmetropolitan area is 0.5% higher than the national median of $40,940.
Is Eastern and Southern Colorado nonmetropolitan area a lucrative place for Tellerss?
Yes, it offers competitive compensation relative to the national average.Tellers here earn slightly above the national average salary, and with a cost of living that matches the national average, their earnings provide good purchasing power.
Is Eastern and Southern Colorado nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Eastern and Southern Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern and Southern Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($42,890) and Denver-Aurora-Centennial, CO.
How does the Teller salary in this region compare to the national average?
The average annual salary for Tellers in Eastern and Southern Colorado is $41,150, which is slightly higher than the national average of $40,940.
What does the Location Quotient of 2.32 mean for Teller jobs?
A Location Quotient of 2.32 indicates that Teller jobs are more than twice as concentrated in Eastern and Southern Colorado compared to the national average, suggesting higher demand.
How does the Cost of Living affect the salary in this area?
The Cost of Living Index is 100, matching the national average. This means the $41,150 salary has the same purchasing power as the national average salary in a typical U.S. location.
What is the total number of Tellers employed in this region?
There are approximately 360 Tellers employed in the Eastern and Southern Colorado nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Eastern and Southern Colorado nonmetropolitan area area with a job density of 5.103 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 Eastern and Southern Colorado nonmetropolitan area