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Average Tellers Salary in Eastern Region of Texas nonmetropolitan area

Tellers in the Eastern Region of Texas's nonmetropolitan area earn an average annual salary of $34,530. This figure is notably below the national average of $40,940, reflecting the economic dynamics and potentially lower demand for banking services in more rural settings compared to urban centers. The specific pay scales in this region are influenced by local economic conditions and the overall cost of labor.

Executive Summary

  • Average Salary: $34,530 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $43,010.
  • Outlook: The job market for Tellers in the Eastern Region of Texas's nonmetropolitan area appears moderately concentrated, with a total local workforce of 380 individuals. The Location Quotient of 1.51 indicates a higher concentration of these roles compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for Tellers in this specific geographic area.
2024 Market Data

Salary Overview

$34,530

The average Tellers in Eastern Region of Texas nonmetropolitan area earns-15.7%below the national average.

BreakdownBased on 40h/week
Hourly

$16.6

Weekly

$664

Monthly

$2,878

Tellers Salary Distribution in Eastern Region of Texas nonmetropolitan area

The salary trajectory for Tellers typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive knowledge of banking procedures, customer relations, and financial products can command significantly higher salaries. The percentile gaps in earnings signify clear career progression pathways, rewarding accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$27,670$13.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$25,898$12.5
ManagerOversees team, compliance, and project delivery.50% (Median)$35,520$17.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$43,163$20.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$43,010$20.7

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$34,530

Gross Pay

Real Wage (Purchasing Power)

$34,530

Adjusted for COL (100)

With an average annual salary of $34,530 and a Cost of Living Index at the national average of 100, Tellers in this region experience a purchasing power that is aligned with national benchmarks. While the nominal salary is lower than the national average, the equivalent cost of living means that the take-home pay effectively covers standard expenses without significant strain or surplus compared to national averages.

Job Market Context

380

Total Jobs

3.314

Per 1K Jobs

1.51

Location Quotient

Major Hub

Eastern Region of Texas nonmetropolitan area has 1.5x 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 1.51 for Tellers in the Eastern Region of Texas's nonmetropolitan area signifies a job market where these professionals are more concentrated than the national average. This suggests a relatively robust demand or a specialized need for Tellers in this area, potentially making it a more competitive market for job seekers but also indicating a stable presence of these roles.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near Eastern Region of Texas nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Eastern Region of Texas nonmetropolitan area?

The median annual salary for a Tellers in Eastern Region of Texas nonmetropolitan area is $34,530. This typically ranges from $27,670 for entry-level positions to $43,010 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Eastern Region of Texas nonmetropolitan area is 15.7% lower than the national median of $40,940.

Is Eastern Region of Texas nonmetropolitan area a lucrative place for Tellerss?

No, it is not considered lucrative compared to national averages.The average salary of $34,530 is significantly lower than the national average of $40,940, indicating less financial reward for Tellers in this region.

Is Eastern Region of Texas nonmetropolitan area a good place to live for Tellers?

The Cost of Living Index in Eastern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Eastern Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($36,430) and Waco, TX.

How does the local workforce size affect Teller jobs?

A local workforce of 380 Tellers suggests a moderate-sized employment pool for this role within the region, indicating a stable but not overly saturated market.

What does a Location Quotient of 1.51 mean for Tellers?

A Location Quotient of 1.51 means Tellers are 51% more concentrated in this region than the national average, implying a stronger local demand or specialization.

How does the Cost of Living impact the salary of $34,530?

With a Cost of Living Index of 100 (national average), the $34,530 salary offers purchasing power equivalent to the national average, meaning expenses are neither unusually high nor low.

Are there many Teller job opportunities in this region?

The concentration of 3.314 jobs per 1,000 workers indicates a steady presence of Teller positions, though not necessarily rapid growth.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Eastern Region of Texas nonmetropolitan area area with a job density of 3.314 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.