Average Tellers Salary in Little Rock-North Little Rock-Conway, AR
In the Little Rock-North Little Rock-Conway, AR metropolitan area, Tellers earn an average annual salary of $34,380. This figure is notably below the national average of $40,940, suggesting that local market dynamics, such as demand and the cost of labor, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $34,380 per year.
- Growth Trend: Salaries have shifted 14.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,540.
- Outlook: The Little Rock-North Little Rock-Conway, AR area supports a local workforce of 990 Tellers. With a jobs-per-1,000-workers ratio of 2.815, the presence of Tellers is slightly more concentrated than the national average, indicating a stable, albeit not rapidly expanding, demand for these financial service professionals within the region.
Salary Overview
The average Tellers in Little Rock-North Little Rock-Conway, AR earns-16.0%below the national average.
$16.5
$661
$2,865
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in Little Rock-North Little Rock-Conway, AR 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 consistent, albeit gradual, upward trajectory for Teller compensation in the area.
Tellers Salary Distribution in Little Rock-North Little Rock-Conway, AR
Career progression for Tellers in Little Rock-North Little Rock-Conway, AR typically involves a salary increase with accumulated experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive knowledge of banking operations and customer service can command salaries significantly higher, reflecting the value of their expertise and the wider range of responsibilities they undertake.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,830 | $13.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,785 | $12.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,080 | $16.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $42,975 | $20.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,540 | $21.4 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$34,380
Gross Pay
Real Wage (Purchasing Power)
$34,380
Adjusted for COL (100)
The average Teller salary of $34,380 in Little Rock-North Little Rock-Conway, AR aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial footing for Tellers residing in the area without the immediate pressure of higher or lower living expenses.
Job Market Context
990
Total Jobs
2.815
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.28, the Little Rock-North Little Rock-Conway, AR market demonstrates a concentration of Teller positions that is 28% higher than the national average. This suggests a relatively robust demand for Tellers in the area, potentially offering more job opportunities and a slightly more competitive environment for those seeking employment in this role compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area Tellers Salary | $33,890↓ 1% | 17 mi |
| North Arkansas nonmetropolitan area Tellers Salary | $34,170↓ 1% | 17 mi |
| West Arkansas nonmetropolitan area Tellers Salary | $34,110↓ 1% | 17 mi |
| East Arkansas nonmetropolitan area Tellers Salary | $34,540↑ 0% | 17 mi |
| Hot Springs, AR Tellers Salary | $32,140↓ 7% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
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Frequently Asked Questions
How much does a Tellers make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a Tellers in Little Rock-North Little Rock-Conway, AR is $34,380. This typically ranges from $27,830 for entry-level positions to $44,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 16.0% lower than the national median of $40,940.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for Tellers?
No, not particularly lucrative compared to the national average.While the cost of living is average, the average Teller salary of $34,380 is significantly lower than the national average of $40,940, indicating less lucrative earning potential in this specific role.
Is Little Rock-North Little Rock-Conway, AR a good place to live for Tellers?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($33,890) and North Arkansas nonmetropolitan area.
How does the Little Rock Teller salary compare to the national average?
The average Teller salary in Little Rock-North Little Rock-Conway, AR is $34,380, which is $6,560 less than the national average of $40,940.
What is the concentration of Tellers in Little Rock-North Little Rock-Conway, AR?
The concentration of Tellers in Little Rock-North Little Rock-Conway, AR is 1.28, meaning the area has 28% more Teller jobs per worker than the national average.
How does the cost of living in Little Rock-North Little Rock-Conway, AR affect Teller salaries?
The cost of living in Little Rock-North Little Rock-Conway, AR is at the national average (100), meaning the $34,380 salary has average purchasing power locally.
What is the total number of Tellers in the Little Rock-North Little Rock-Conway, AR workforce?
There are approximately 990 Tellers employed within the Little Rock-North Little Rock-Conway, AR metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 990 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 2.815 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 Little Rock-North Little Rock-Conway, AR