Average Tellers Salary in Houma-Bayou Cane-Thibodaux, LA
In Houma-Bayou Cane-Thibodaux, LA, Tellers can expect an average annual salary of $34,920. This figure is notably below the national average of $40,940, suggesting that local economic factors and demand within this specific Louisiana region play a significant role in compensation levels for this banking role.
Executive Summary
- Average Salary: $34,920 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $41,500.
- Outlook: The local job market for Tellers in Houma-Bayou Cane-Thibodaux, LA, appears moderately concentrated, with a Location Quotient of 1.16 indicating a slightly higher presence of this profession compared to the national average. With a total local workforce of 210 Tellers, the demand, while present, is not overwhelmingly robust, suggesting a stable but not rapidly expanding job environment.
Salary Overview
The average Tellers in Houma-Bayou Cane-Thibodaux, LA earns-14.7%below the national average.
$16.8
$672
$2,910
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Houma-Bayou Cane-Thibodaux, LA is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically necessitate upward adjustments in wages to maintain purchasing power, likely resulting in incremental increases for Teller positions in this region.
Tellers Salary Distribution in Houma-Bayou Cane-Thibodaux, LA
Career progression for Tellers in Houma-Bayou Cane-Thibodaux, LA, typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive knowledge and customer service skills can command higher salaries. The percentile gaps in earnings signify opportunities for advancement and increased earning potential as one gains more experience and takes on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,080 | $13 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,190 | $12.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,590 | $17.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $43,650 | $21 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $41,500 | $20 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$34,920
Gross Pay
Real Wage (Purchasing Power)
$34,920
Adjusted for COL (100)
The average annual salary of $34,920 for Tellers in Houma-Bayou Cane-Thibodaux, LA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by Tellers in this area has the same purchasing power as the national average salary for the same role, indicating a balanced economic environment where wages effectively cover living expenses.
Job Market Context
210
Total Jobs
2.554
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Houma-Bayou Cane-Thibodaux, LA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.16, Houma-Bayou Cane-Thibodaux, LA, shows a slightly higher concentration of Tellers than the national average. This suggests that the job market here is somewhat more specialized or has a greater demand for this role relative to other professions when compared to the rest of the country, though not to an extreme degree.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| New Orleans-Metairie, LA Tellers Salary | $37,400↑ 7% | 58 mi |
| Baton Rouge, LA Tellers Salary | $37,110↑ 6% | 65 mi |
| Hammond, LA Tellers Salary | $36,060↑ 3% | 66 mi |
| Lafayette, LA Tellers Salary | $34,700↓ 1% | 91 mi |
Comparing salaries near Houma-Bayou Cane-Thibodaux, LA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Houma-Bayou Cane-Thibodaux, LA?
The median annual salary for a Tellers in Houma-Bayou Cane-Thibodaux, LA is $34,920. This typically ranges from $27,080 for entry-level positions to $41,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Houma-Bayou Cane-Thibodaux, LA is 14.7% lower than the national median of $40,940.
Is Houma-Bayou Cane-Thibodaux, LA a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average Teller salary of $34,920 is below the national average of $40,940, indicating less lucrative earning potential in this specific role.
Is Houma-Bayou Cane-Thibodaux, LA a good place to live for Tellers?
The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Houma-Bayou Cane-Thibodaux, LA?
Some top paying nearby cities include New Orleans-Metairie, LA ($37,400) and Baton Rouge, LA.
How does the Houma-Bayou Cane-Thibodaux Teller salary compare to the national average?
The average annual salary for Tellers in Houma-Bayou Cane-Thibodaux, LA is $34,920, which is $6,020 less than the national average of $40,940.
What is the Cost of Living in Houma-Bayou Cane-Thibodaux, LA?
The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100, which is exactly the national average, meaning living expenses are neither significantly higher nor lower than the typical US city.
How many Tellers are employed in Houma-Bayou Cane-Thibodaux, LA?
There are approximately 210 Tellers employed in the Houma-Bayou Cane-Thibodaux, LA area, representing 2.554 jobs per 1,000 workers.
Is the Teller job market concentrated in Houma-Bayou Cane-Thibodaux, LA?
Yes, the market shows a slight concentration with a Location Quotient of 1.16, indicating a slightly higher presence of Teller roles compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Houma-Bayou Cane-Thibodaux, LA area with a job density of 2.554 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 Houma-Bayou Cane-Thibodaux, LA