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Average Tellers Salary in Lawton, OK

In Lawton, Oklahoma, Tellers earn an average annual salary of $34,800. This figure is notably below the national average of $40,940, reflecting localized economic factors and demand specific to the Lawton area. The pay scale for Tellers in this region is influenced by the local job market dynamics and the overall economic landscape of Oklahoma.

Executive Summary

  • Average Salary: $34,800 per year.
  • Growth Trend: Salaries have shifted 37.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $43,220.
  • Outlook: Lawton, OK presents a concentrated job market for Tellers, with a total local workforce of 200 individuals in this role. The Location Quotient of 2.18 significantly exceeds the national average, indicating a higher concentration of Tellers jobs relative to the general workforce in Lawton compared to the rest of the country. This suggests a robust local demand for these financial service professionals.
2024 Market Data

Salary Overview

$34,800

The average Tellers in Lawton, OK earns-15.0%below the national average.

BreakdownBased on 40h/week
Hourly

$16.7

Weekly

$669

Monthly

$2,900

Tellers Salary Distribution in Lawton, OK

The salary trajectory for Tellers in Lawton, OK, like elsewhere, is expected to scale with experience. Entry-level positions typically command the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can anticipate significantly higher earnings. The percentile gaps in salary distribution would reflect this progression, with senior Tellers occupying the higher percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,320$14.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$26,100$12.5
ManagerOversees team, compliance, and project delivery.50% (Median)$34,640$16.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$43,500$20.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$43,220$20.8

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$34,800

Gross Pay

Real Wage (Purchasing Power)

$34,800

Adjusted for COL (100)

The nominal average annual salary for Tellers in Lawton, OK is $34,800. This aligns with a Cost of Living Index of 100, which is precisely the national average. Therefore, the purchasing power of a Tellers salary in Lawton is equivalent to the national average, meaning that while the nominal salary is lower than the national average, the cost of living does not present a disadvantage.

Job Market Context

200

Total Jobs

4.8

Per 1K Jobs

2.18

Location Quotient

Major Hub

Lawton, OK has 2.2x 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.

With a Location Quotient of 2.18, Lawton, OK demonstrates a significantly higher concentration of Tellers jobs than the national average. This indicates that Tellers are a more prevalent occupation in Lawton's labor market compared to the typical U.S. city. The abundance of these roles suggests a strong local demand and potentially a competitive environment for securing these positions.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Wichita Falls, TX Tellers Salary$33,900↓ 3%49 mi
Oklahoma City, OK Tellers Salary$37,760↑ 9%78 mi

Comparing salaries near Lawton, OK

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Lawton, OK?

The median annual salary for a Tellers in Lawton, OK is $34,800. This typically ranges from $29,320 for entry-level positions to $43,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lawton, OK is 15.0% lower than the national median of $40,940.

Is Lawton, OK a lucrative place for Tellers?

No, not particularly lucrative compared to the national average.While the cost of living is at the national average, the average Tellers salary of $34,800 is substantially lower than the national average of $40,940, indicating less lucrative earning potential.

Is Lawton, OK a good place to live for Tellers?

The Cost of Living Index in Lawton, OK is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lawton, OK?

Some top paying nearby cities include Wichita Falls, TX ($33,900) and Oklahoma City, OK.

How does Lawton's Tellers salary compare to the national average?

The average Tellers salary in Lawton, OK is $34,800, which is below the national average of $40,940.

What is the significance of the Location Quotient in Lawton for Tellers?

A Location Quotient of 2.18 means Tellers jobs are more than twice as concentrated in Lawton compared to the national average, suggesting higher local demand.

Does the cost of living in Lawton affect Tellers' purchasing power?

No, Lawton's Cost of Living Index is 100 (the national average), so the $34,800 salary has average purchasing power locally.

What does the job market look like for Tellers in Lawton?

The market shows a higher concentration of Tellers jobs relative to the workforce, indicating a potentially robust demand for these professionals in Lawton.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Lawton, OK area with a job density of 4.8 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 Lawton, OK