Average Tellers Salary in Monroe, MI
The average salary for a Tellers in Monroe, MI is $40,230. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Monroe, MI is a key hub for this profession, with a job concentration 1.22x higher than average.
Executive Summary
- Average Salary: $40,230 per year.
- Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,170.
- Outlook: The current demand for Tellerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Monroe, MI economy.
Salary Overview
The average Tellers in Monroe, MI earns-1.7%below the national average.
$19.3
$774
$3,353
Tellers Salary Trends (2020-2024)
Over the past 4 years, Tellers salaries in Monroe, MI have shown healthy growth of 16.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Tellers Salary Distribution in Monroe, MI
The earning potential for Tellerss in Monroe, MI varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $30,720, while highly experienced professionals can command wages upwards of $47,170.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,720 | $14.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,173 | $14.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,740 | $19.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,288 | $24.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,170 | $22.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$40,230
Gross Pay
Real Wage (Purchasing Power)
$40,230
Adjusted for COL (100)
In Monroe, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $40,230 to $40,230.
Job Market Context
110
Total Jobs
2.677
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Monroe, MI has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
110 people work as Tellers in Monroe, MI.
Moderate density — roughly 2.677 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Toledo, OH Tellers Salary | $42,770↑ 6% | 20 mi |
| Ann Arbor, MI Tellers Salary | $41,490↑ 3% | 31 mi |
| Detroit-Warren-Dearborn, MI Tellers Salary | $40,990↑ 2% | 34 mi |
| Sandusky, OH Tellers Salary | $40,900↑ 2% | 48 mi |
| Jackson, MI Tellers Salary | $38,570↓ 4% | 57 mi |
Comparing salaries near Monroe, MI
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Monroe, MI?
The median annual salary for a Tellers in Monroe, MI is $40,230. This typically ranges from $30,720 for entry-level positions to $47,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, MI is 1.7% lower than the national median of $40,940.
Is Monroe, MI a good place for Tellerss?
Yes, Monroe, MI is highly recommended due to strong job demand. While salaries are competitive ($40,230), the area is particularly notable for its high job density for Tellerss. See distinct detailed breakdown below.
Is Monroe, MI a good place to live for Tellers?
The Cost of Living Index in Monroe, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, MI?
Some top paying nearby cities include Toledo, OH ($42,770) and Ann Arbor, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Monroe, MI area with a job density of 2.677 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 Monroe, MI