Average Tellers Salary in Eastern Wyoming nonmetropolitan area
Tellers in the Eastern Wyoming nonmetropolitan area earn an average annual salary of $37,710. This figure is slightly below the national average of $40,940, reflecting the unique economic landscape and potentially lower cost of doing business in more rural regions. Local demand and the specific financial service needs of the community play a significant role in shaping compensation for these essential banking professionals.
Executive Summary
- Average Salary: $37,710 per year.
- Growth Trend: Salaries have shifted 15.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,570.
- Outlook: The Teller job market in Eastern Wyoming is characterized by a focused workforce of 290 individuals. With a Location Quotient of 1.58, the concentration of Tellers is notably higher than the national average, suggesting a robust local demand relative to the general labor market. This indicates that Tellers are a more prevalent and sought-after profession within this specific nonmetropolitan area.
Salary Overview
The average Tellers in Eastern Wyoming nonmetropolitan area earns-7.9%below the national average.
$18.1
$725
$3,143
Tellers Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume a general trend of salary growth for Tellers over the past four years, mirroring national patterns. Economic shifts, inflation, and evolving banking technologies likely contribute to gradual increases in compensation, aiming to retain skilled professionals within the local financial sector.
Tellers Salary Distribution in Eastern Wyoming nonmetropolitan area
Salary progression 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 service excellence, and potentially specialized financial products command higher salaries. The percentile gaps in earnings signify clear career progression pathways, rewarding accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,740 | $15.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,283 | $13.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,560 | $17.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,138 | $22.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,570 | $22.4 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,710
Gross Pay
Real Wage (Purchasing Power)
$37,710
Adjusted for COL (100)
The nominal average annual salary of $37,710 in Eastern Wyoming 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 the national average, offering a stable financial environment for residents without the added pressure of significantly higher living expenses.
Job Market Context
290
Total Jobs
3.472
Per 1K Jobs
1.58
Location Quotient
Eastern Wyoming nonmetropolitan area has 1.6x 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.
A Location Quotient of 1.58 indicates that Tellers are significantly more concentrated in Eastern Wyoming than in the nation as a whole. This suggests a higher relative demand for these roles within the local economy, potentially leading to more job opportunities and a more competitive market for employers seeking qualified candidates.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Casper, WY Tellers Salary | $37,490↓ 1% | 50 mi |
Comparing salaries near Eastern Wyoming nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Eastern Wyoming nonmetropolitan area?
The median annual salary for a Tellers in Eastern Wyoming nonmetropolitan area is $37,710. This typically ranges from $31,740 for entry-level positions to $46,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern Wyoming nonmetropolitan area is 7.9% lower than the national median of $40,940.
Is Eastern Wyoming nonmetropolitan area a lucrative place for Tellers?
No, but it offers good value.While the average salary of $37,710 is below the national average, the cost of living is also at the national average, meaning purchasing power is maintained. The high concentration of Tellers suggests steady local demand.
Is Eastern Wyoming nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Eastern Wyoming nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern Wyoming nonmetropolitan area?
Some top paying nearby cities include Casper, WY ($37,490) and others.
How does the Teller salary compare to the national average?
The average annual salary for Tellers in Eastern Wyoming is $37,710, which is slightly lower than the national average of $40,940.
What is the Cost of Living in Eastern Wyoming compared to the national average?
The Cost of Living Index in Eastern Wyoming is 100, which is exactly the national average, indicating that living expenses are comparable.
Is there high demand for Tellers in Eastern Wyoming?
Yes, the Location Quotient of 1.58 suggests a higher concentration and relative demand for Tellers in this area compared to the national average.
How many Tellers work in Eastern Wyoming?
There are approximately 290 Tellers employed in the Eastern Wyoming 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 290 employees in the Eastern Wyoming nonmetropolitan area area with a job density of 3.472 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 Wyoming nonmetropolitan area