Average Tellers Salary in Lincoln, NE
Tellers in Lincoln, NE, earn an average annual salary of $36,930. This figure is below the national average of $40,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within the Lincoln area. While the nominal salary is lower, the cost of living in Lincoln is precisely at the national average, suggesting a balanced purchasing power.
Executive Summary
- Average Salary: $36,930 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,380.
- Outlook: With a total local workforce of 660 Tellers and a Location Quotient of 1.67, Lincoln, NE, exhibits a notably higher concentration of these roles compared to the national average. This suggests a robust and potentially growing demand for Tellers within the local market, indicating a stable job outlook for professionals in this field.
Salary Overview
The average Tellers in Lincoln, NE earns-9.8%below the national average.
$17.8
$710
$3,078
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Tellers in Lincoln, NE, have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This consistent, albeit modest, upward trajectory in compensation is typical for established roles within stable local economies.
Tellers Salary Distribution in Lincoln, NE
The career path for Tellers typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching the upper percentiles. The gap between entry-level and senior roles signifies clear opportunities for career progression and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,300 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $27,698 | $13.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,320 | $17.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $46,163 | $22.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,380 | $21.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$36,930
Gross Pay
Real Wage (Purchasing Power)
$36,930
Adjusted for COL (100)
The average annual salary of $36,930 in Lincoln, NE, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by Tellers in Lincoln holds its purchasing power at a national standard, suggesting that the lower salary is offset by the affordability of daily expenses.
Job Market Context
660
Total Jobs
3.668
Per 1K Jobs
1.67
Location Quotient
Lincoln, NE has 1.7x 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.
Lincoln, NE, boasts a Location Quotient of 1.67 for Tellers, significantly exceeding the national average of 1.0. This indicates that Tellers are more concentrated in Lincoln than in the typical U.S. metropolitan area, suggesting a higher demand relative to the national landscape and potentially a more competitive job market for employers seeking talent.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Omaha, NE-IA Tellers Salary | $39,850↑ 8% | 45 mi |
| South Nebraska nonmetropolitan area Tellers Salary | $39,860↑ 8% | 86 mi |
| Northeast Nebraska nonmetropolitan area Tellers Salary | $35,630↓ 4% | 86 mi |
| Northwest Nebraska nonmetropolitan area Tellers Salary | $36,730↓ 1% | 86 mi |
| Grand Island, NE Tellers Salary | $36,890↓ 0% | 88 mi |
Comparing salaries near Lincoln, NE
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Lincoln, NE?
The median annual salary for a Tellers in Lincoln, NE is $36,930. This typically ranges from $31,300 for entry-level positions to $44,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lincoln, NE is 9.8% lower than the national median of $40,940.
Is Lincoln, NE a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $36,930 is below the national average of $40,940, making it less lucrative in nominal terms.
Is Lincoln, NE a good place to live for Tellers?
The Cost of Living Index in Lincoln, NE is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lincoln, NE?
Some top paying nearby cities include Omaha, NE-IA ($39,850) and South Nebraska nonmetropolitan area.
How does the Lincoln Teller salary compare to the national average?
The average annual salary for Tellers in Lincoln, NE, is $36,930, which is approximately $4,010 less than the national average of $40,940.
What does a Location Quotient of 1.67 mean for Tellers in Lincoln?
A Location Quotient of 1.67 signifies that Tellers are 67% more concentrated in Lincoln, NE, than the national average, indicating a stronger local presence and demand for this profession.
Does the cost of living in Lincoln affect Teller salaries?
The cost of living in Lincoln is exactly at the national average (100). This means the lower nominal salary of $36,930 has purchasing power equivalent to the national average, balancing the lower pay.
What is the total number of Tellers employed in Lincoln, NE?
There are approximately 660 Tellers employed in the Lincoln, NE area, contributing to the local financial sector workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Lincoln, NE area with a job density of 3.668 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 Lincoln, NE