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Average Tellers Salary in Milwaukee-Waukesha, WI

Tellers in the Milwaukee-Waukesha, WI area earn an average annual salary of $41,980, slightly exceeding the national average of $40,940. This marginal advantage in compensation is often influenced by regional economic factors and the specific demand within the local financial services sector.

Executive Summary

  • Average Salary: $41,980 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,360.
  • Outlook: With a local workforce of 2,010 Tellers, Milwaukee-Waukesha demonstrates a healthy concentration of these roles, indicated by a Location Quotient of 1.12. This suggests that Tellers are slightly more prevalent in this metropolitan area compared to the national average, pointing towards a stable and potentially growing job market for this profession.
2024 Market Data

Salary Overview

$41,980

The average Tellers in Milwaukee-Waukesha, WI earns+2.5%above the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$807

Monthly

$3,498

Tellers Salary Distribution in Milwaukee-Waukesha, WI

The career trajectory for Tellers in Milwaukee-Waukesha typically involves salary increases with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear path for career progression and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,470$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,485$15.1
ManagerOversees team, compliance, and project delivery.50% (Median)$40,230$19.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,475$25.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,360$22.8

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$41,980

Gross Pay

Real Wage (Purchasing Power)

$41,980

Adjusted for COL (100)

The average annual salary of $41,980 in Milwaukee-Waukesha aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this region is comparable to the national average, offering a stable financial environment for residents.

Job Market Context

2,010

Total Jobs

2.454

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Milwaukee-Waukesha, WI has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

A Location Quotient of 1.12 indicates that Tellers are 12% more concentrated in Milwaukee-Waukesha than the national average. This suggests a robust demand for these professionals within the local economy, potentially leading to more job opportunities and a competitive market for skilled individuals.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Racine-Mount Pleasant, WI Tellers Salary$40,480↓ 4%25 mi
Kenosha, WI Tellers Salary$39,940↓ 5%33 mi
Sheboygan, WI Tellers Salary$40,790↓ 3%48 mi
Fond du Lac, WI Tellers Salary$39,280↓ 6%54 mi
Janesville-Beloit, WI Tellers Salary$39,510↓ 6%59 mi

Comparing salaries near Milwaukee-Waukesha, WI

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Milwaukee-Waukesha, WI?

The median annual salary for a Tellers in Milwaukee-Waukesha, WI is $41,980. This typically ranges from $36,470 for entry-level positions to $47,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Milwaukee-Waukesha, WI is 2.5% higher than the national median of $40,940.

Is Milwaukee-Waukesha, WI a lucrative place for Tellers?

Yes, slightly more lucrative than the national average.Tellers in Milwaukee-Waukesha earn $41,980 annually, which is above the national average, and the cost of living is on par with the national average, making it a financially stable location.

Is Milwaukee-Waukesha, WI a good place to live for Tellers?

The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Milwaukee-Waukesha, WI?

Some top paying nearby cities include Racine-Mount Pleasant, WI ($40,480) and Kenosha, WI.

How many Tellers work in Milwaukee-Waukesha, WI?

There are approximately 2,010 Tellers employed in the Milwaukee-Waukesha, WI area.

What is the concentration of Tellers in Milwaukee-Waukesha compared to the nation?

The concentration of Tellers in Milwaukee-Waukesha is 1.12 times the national average, indicating a slightly higher prevalence of this role in the region.

How does the cost of living in Milwaukee-Waukesha affect a Teller's salary?

The cost of living in Milwaukee-Waukesha is exactly at the national average (100), meaning the $41,980 salary has equivalent purchasing power to the national average salary.

Are there more Teller jobs per capita in Milwaukee-Waukesha than elsewhere?

Yes, there are 2.454 Teller jobs per 1,000 workers in Milwaukee-Waukesha, which is a notable figure indicating the local demand for these positions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,010 employees in the Milwaukee-Waukesha, WI area with a job density of 2.454 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 Milwaukee-Waukesha, WI