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Average Tellers Salary in Jefferson City, MO

Tellers in Jefferson City, MO earn an average annual salary of $36,360, which is notably below the national average of $40,940. This disparity is often influenced by local economic factors, the specific demand within the region, and the overall cost of doing business for financial institutions in the area.

Executive Summary

  • Average Salary: $36,360 per year.
  • Growth Trend: Salaries have shifted 23.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,590.
  • Outlook: With a local workforce of 350 Tellers and a Location Quotient of 2.04, Jefferson City exhibits a significantly higher concentration of these roles compared to the national average. This suggests a robust local demand for Tellers, indicating a stable job market for professionals in this field within the city.
2024 Market Data

Salary Overview

$36,360

The average Tellers in Jefferson City, MO earns-11.2%below the national average.

BreakdownBased on 40h/week
Hourly

$17.5

Weekly

$699

Monthly

$3,030

Tellers Salary Distribution in Jefferson City, MO

As Tellers gain experience, their earning potential typically increases. Entry-level positions often start at the lower end of the salary spectrum, while senior Tellers with extensive knowledge and customer service skills can command higher salaries. The percentile gaps in pay signify clear career progression pathways within the Teller role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,590$14.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$27,270$13.1
ManagerOversees team, compliance, and project delivery.50% (Median)$35,120$16.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$45,450$21.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,590$22.4

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$36,360

Gross Pay

Real Wage (Purchasing Power)

$36,360

Adjusted for COL (100)

The average annual salary of $36,360 in Jefferson City aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.

Job Market Context

350

Total Jobs

4.495

Per 1K Jobs

2.04

Location Quotient

Major Hub

Jefferson City, MO has 2.0x 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.

Jefferson City's Location Quotient of 2.04 for Tellers indicates that the concentration of these jobs is more than double the national average. This suggests a highly competitive or, conversely, a very abundant market for Teller positions, implying that employers may have a strong pool of candidates to choose from.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Southeast Missouri nonmetropolitan area Tellers Salary$33,810↓ 7%10 mi
Central Missouri nonmetropolitan area Tellers Salary$33,570↓ 8%10 mi
North Missouri nonmetropolitan area Tellers Salary$33,700↓ 7%10 mi
Southwest Missouri nonmetropolitan area Tellers Salary$33,090↓ 9%10 mi
Columbia, MO Tellers Salary$36,160↓ 1%27 mi

Comparing salaries near Jefferson City, MO

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Jefferson City, MO?

The median annual salary for a Tellers in Jefferson City, MO is $36,360. This typically ranges from $29,590 for entry-level positions to $46,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Jefferson City, MO is 11.2% lower than the national median of $40,940.

Is Jefferson City, MO a lucrative place for Tellers?

No, not exceptionally lucrative compared to the national average.The average salary of $36,360 is below the national average, although the cost of living is also at the national average. The high concentration of jobs suggests demand, but not necessarily higher pay.

Is Jefferson City, MO a good place to live for Tellers?

The Cost of Living Index in Jefferson City, MO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Jefferson City, MO?

Some top paying nearby cities include Southeast Missouri nonmetropolitan area ($33,810) and Central Missouri nonmetropolitan area.

How does the Jefferson City Teller salary compare to the national average?

Tellers in Jefferson City earn an average of $36,360 annually, which is lower than the national average of $40,940.

What does the Location Quotient of 2.04 mean for Tellers in Jefferson City?

A Location Quotient of 2.04 signifies that Tellers are more than twice as concentrated in Jefferson City compared to the national average, indicating a strong local presence of this profession.

Does the Cost of Living in Jefferson City affect Teller salaries?

The Cost of Living Index is 100, which is the national average. This means the lower nominal salary of $36,360 has equivalent purchasing power locally as the national average salary does nationally.

What is the total number of Tellers in Jefferson City?

There are approximately 350 Tellers employed in Jefferson City, MO.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Jefferson City, MO area with a job density of 4.495 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Jefferson City, MO