Average Tellers Salary in Gulfport-Biloxi, MS
In Gulfport-Biloxi, MS, Tellers earn an average annual salary of $36,580. This figure is notably below the national average of $40,940, suggesting that local market dynamics, such as regional demand and the cost of doing business, play a significant role in compensation levels for this role within the area.
Executive Summary
- Average Salary: $36,580 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $42,940.
- Outlook: The Gulfport-Biloxi, MS market supports a local workforce of 570 Tellers. With a Location Quotient of 1.64, indicating a concentration 64% higher than the national average, there is a clear and robust demand for Tellers in this region, suggesting a stable job market for these professionals.
Salary Overview
The average Tellers in Gulfport-Biloxi, MS earns-10.6%below the national average.
$17.6
$703
$3,048
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Tellers salaries in Gulfport-Biloxi, MS have experienced gradual growth over the past four years, mirroring national trends of modest wage increases driven by inflation and evolving economic conditions.
Tellers Salary Distribution in Gulfport-Biloxi, MS
Career progression for Tellers in Gulfport-Biloxi, MS typically involves salary increases with accumulated experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command higher salaries, with percentile gaps reflecting these advancements.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,000 | $13.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $27,435 | $13.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,500 | $18 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $45,725 | $22 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $42,940 | $20.6 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$36,580
Gross Pay
Real Wage (Purchasing Power)
$36,580
Adjusted for COL (100)
The average annual salary of $36,580 in Gulfport-Biloxi, MS aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this area is comparable to the national average, offering a stable financial environment for residents.
Job Market Context
570
Total Jobs
3.601
Per 1K Jobs
1.64
Location Quotient
Gulfport-Biloxi, MS 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 1.64 signifies that Tellers are significantly more concentrated in Gulfport-Biloxi, MS than the national average. This suggests a competitive job market where employers may have a wider pool of candidates, but also indicates a strong local industry presence for banking and financial services.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| New Orleans-Metairie, LA Tellers Salary | $37,400↑ 2% | 57 mi |
| Mobile, AL Tellers Salary | $37,890↑ 4% | 59 mi |
| Hattiesburg, MS Tellers Salary | $33,300↓ 9% | 63 mi |
| Daphne-Fairhope-Foley, AL Tellers Salary | $37,840↑ 3% | 72 mi |
Comparing salaries near Gulfport-Biloxi, MS
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Gulfport-Biloxi, MS?
The median annual salary for a Tellers in Gulfport-Biloxi, MS is $36,580. This typically ranges from $29,000 for entry-level positions to $42,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Gulfport-Biloxi, MS is 10.6% lower than the national median of $40,940.
Is Gulfport-Biloxi, MS a lucrative place for Tellers?
No, not particularly lucrative compared to the national average.While the cost of living is average, the Tellers salary of $36,580 is below the national average of $40,940, indicating less earning potential in this specific role.
Is Gulfport-Biloxi, MS a good place to live for Tellers?
The Cost of Living Index in Gulfport-Biloxi, MS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Gulfport-Biloxi, MS?
Some top paying nearby cities include New Orleans-Metairie, LA ($37,400) and Mobile, AL.
How does the number of Tellers jobs per 1,000 workers compare nationally?
Gulfport-Biloxi, MS has 3.601 Tellers jobs per 1,000 workers, which is higher than the national average, reflecting a greater density of these roles locally.
What is the significance of the Location Quotient for Tellers in Gulfport-Biloxi, MS?
A Location Quotient of 1.64 means Tellers are 64% more concentrated in Gulfport-Biloxi, MS than the national average, indicating a higher demand or presence of this profession in the area.
Does experience impact a Teller's salary in Gulfport-Biloxi, MS?
Yes, like most professions, Tellers with more experience and advanced skills in Gulfport-Biloxi, MS can expect to earn higher salaries than entry-level employees.
How does the Gulfport-Biloxi, MS salary compare to other MS cities?
While this dataset focuses on the Gulfport-Biloxi, MS area, salaries for Tellers can vary significantly across different cities within Mississippi due to local economic factors and cost of living.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Gulfport-Biloxi, MS area with a job density of 3.601 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 Gulfport-Biloxi, MS