Average Tellers Salary in Idaho Falls, ID
Tellers in Idaho Falls, ID earn an average annual salary of $39,130, which is slightly below the national average of $40,940. This localized pay reflects the specific economic conditions and demand within the Idaho Falls metropolitan area, influencing compensation levels for financial service roles.
Executive Summary
- Average Salary: $39,130 per year.
- Growth Trend: Salaries have shifted 24.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,350.
- Outlook: With a total local workforce of 230 Tellers and a Location Quotient of 1.29, Idaho Falls demonstrates a slightly higher concentration of these roles compared to the national average. This suggests a stable, albeit not rapidly expanding, job market for Tellers, indicating consistent demand within the region's financial sector.
Salary Overview
The average Tellers in Idaho Falls, ID earns-4.4%below the national average.
$18.8
$753
$3,261
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Teller salaries in Idaho Falls have experienced modest growth over the past four years, mirroring national trends of incremental wage increases driven by inflation and evolving job responsibilities. This suggests a generally positive trajectory for compensation in this role.
Tellers Salary Distribution in Idaho Falls, ID
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data isn't available, the typical salary range for Tellers indicates that experienced professionals can expect to earn significantly more than those just starting out, reflecting a clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,220 | $16.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,348 | $14.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,820 | $18.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $48,913 | $23.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,350 | $22.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,130
Gross Pay
Real Wage (Purchasing Power)
$39,130
Adjusted for COL (100)
The average annual salary of $39,130 in Idaho Falls aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Idaho Falls is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
230
Total Jobs
2.849
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Idaho Falls, ID has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.29 for Tellers in Idaho Falls signifies a job market where this profession is 29% more concentrated than the national average. This indicates a healthy demand and a slightly more competitive landscape for Tellers in the area, suggesting that employers actively seek individuals with these skills.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Pocatello, ID Tellers Salary | $38,350↓ 2% | 48 mi |
Comparing salaries near Idaho Falls, ID
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Idaho Falls, ID?
The median annual salary for a Tellers in Idaho Falls, ID is $39,130. This typically ranges from $34,220 for entry-level positions to $46,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Idaho Falls, ID is 4.4% lower than the national median of $40,940.
Is Idaho Falls, ID a lucrative place for Tellers?
No, but it is stable.While the average salary of $39,130 is slightly below the national average, the cost of living is also at the national average, making the purchasing power comparable. The slightly higher concentration of Tellers suggests consistent job availability.
Is Idaho Falls, ID a good place to live for Tellers?
The Cost of Living Index in Idaho Falls, ID is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Idaho Falls, ID?
Some top paying nearby cities include Pocatello, ID ($38,350) and others.
How does the Idaho Falls Teller salary compare to the national average?
The average annual salary for Tellers in Idaho Falls is $39,130, which is slightly lower than the national average of $40,940.
What is the Cost of Living in Idaho Falls, ID?
Idaho Falls, ID has a Cost of Living Index of 100, which is exactly the national average, meaning expenses are neither significantly higher nor lower than the rest of the country.
Is there high demand for Tellers in Idaho Falls?
With a Location Quotient of 1.29, Idaho Falls shows a higher concentration of Teller positions than the national average, indicating a steady demand for these professionals in the local market.
What does the Location Quotient of 1.29 mean for Tellers in Idaho Falls?
A Location Quotient of 1.29 means that Tellers are 29% more concentrated in Idaho Falls compared to the national average, suggesting a robust presence of this occupation in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Idaho Falls, ID area with a job density of 2.849 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 Idaho Falls, ID