Average Tellers Salary in New Orleans-Metairie, LA
Tellers in the New Orleans-Metairie, LA area earn an average annual salary of $37,400. This figure is slightly below the national average of $40,940, suggesting localized economic factors and demand influence compensation within this specific metropolitan region. The cost of living in New Orleans-Metairie aligns perfectly with the national average, meaning this salary offers standard purchasing power.
Executive Summary
- Average Salary: $37,400 per year.
- Growth Trend: Salaries have shifted 28.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,150.
- Outlook: The New Orleans-Metairie area supports a robust local workforce of 1,160 Tellers, indicating a significant presence of this role. With a Location Quotient of 1.19, the concentration of Tellers is higher than the national average, suggesting a potentially strong demand or a specialized market for these financial professionals within the region.
Salary Overview
The average Tellers in New Orleans-Metairie, LA earns-8.6%below the national average.
$18
$719
$3,117
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that roles like Tellers experience steady, albeit modest, salary growth over four-year periods, often influenced by inflation, economic conditions, and evolving banking technologies. We can reasonably assume that Tellers in New Orleans-Metairie have seen their compensation increase over the past four years, mirroring broader economic trends.
Tellers Salary Distribution in New Orleans-Metairie, LA
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, which is reflected in salary increases. While specific percentile data isn't available, it's common for experienced Tellers to earn significantly more than their junior counterparts, with the gap between entry-level and senior salaries representing clear career advancement opportunities and skill development.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,990 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,050 | $13.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,190 | $17.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $46,750 | $22.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,150 | $22.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,400
Gross Pay
Real Wage (Purchasing Power)
$37,400
Adjusted for COL (100)
The average annual salary of $37,400 for Tellers in New Orleans-Metairie, LA, aligns precisely with the national 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 balanced financial landscape for residents.
Job Market Context
1,160
Total Jobs
2.627
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, New Orleans-Metairie, LA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.19 signifies that Tellers are more concentrated in the New Orleans-Metairie, LA area than the national average. This suggests a potentially competitive job market where demand might outpace supply, or that the region has a particular economic structure that favors a higher proportion of these roles compared to other industries.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Hammond, LA Tellers Salary | $36,060↓ 4% | 44 mi |
| Gulfport-Biloxi, MS Tellers Salary | $36,580↓ 2% | 57 mi |
| Houma-Bayou Cane-Thibodaux, LA Tellers Salary | $34,920↓ 7% | 58 mi |
| Baton Rouge, LA Tellers Salary | $37,110↓ 1% | 76 mi |
Comparing salaries near New Orleans-Metairie, LA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in New Orleans-Metairie, LA?
The median annual salary for a Tellers in New Orleans-Metairie, LA is $37,400. This typically ranges from $29,990 for entry-level positions to $46,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Orleans-Metairie, LA is 8.6% lower than the national median of $40,940.
Is New Orleans-Metairie, LA 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 $37,400 is below the national average of $40,940, indicating less lucrative compensation in this specific role.
Is New Orleans-Metairie, LA a good place to live for Tellers?
The Cost of Living Index in New Orleans-Metairie, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Orleans-Metairie, LA?
Some top paying nearby cities include Hammond, LA ($36,060) and Gulfport-Biloxi, MS.
How does the New Orleans-Metairie Teller salary compare to the national average?
The average annual salary for Tellers in New Orleans-Metairie, LA is $37,400, which is approximately $3,540 lower than the national average of $40,940.
What is the concentration of Tellers in New Orleans-Metairie, LA?
The concentration of Tellers in New Orleans-Metairie, LA, is indicated by a Location Quotient of 1.19, meaning there are 19% more Tellers employed in this area relative to the national average.
How many Tellers work in New Orleans-Metairie, LA?
There are approximately 1,160 Tellers employed within the New Orleans-Metairie, LA metropolitan area.
Does the cost of living affect the Teller salary in New Orleans-Metairie, LA?
The cost of living in New Orleans-Metairie, LA, is exactly at the national average (100). Therefore, the nominal salary of $37,400 has standard purchasing power relative to the rest of the country.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,160 employees in the New Orleans-Metairie, LA area with a job density of 2.627 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Tellers Salaries by State
Top Jobs in New Orleans-Metairie, LA
- All Occupations Salary in New Orleans-Metairie, LA
- Office and Administrative Support Occupations Salary in New Orleans-Metairie, LA
- Food Preparation and Serving Related Occupations Salary in New Orleans-Metairie, LA
- Transportation and Material Moving Occupations Salary in New Orleans-Metairie, LA
- Sales and Related Occupations Salary in New Orleans-Metairie, LA
- Healthcare Practitioners and Technical Occupations Salary in New Orleans-Metairie, LA
- Management Occupations Salary in New Orleans-Metairie, LA
- Educational Instruction and Library Occupations Salary in New Orleans-Metairie, LA
- Business and Financial Operations Occupations Salary in New Orleans-Metairie, LA
- Construction and Extraction Occupations Salary in New Orleans-Metairie, LA
- Browse All Jobs in New Orleans-Metairie, LA →
Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in New Orleans-Metairie, LA