Average Tellers Salary in North Missouri nonmetropolitan area
Tellers in the North Missouri nonmetropolitan area earn an average annual salary of $33,700. This figure is notably below the national average of $40,940. The lower compensation in this region is often attributed to a combination of factors, including a smaller economic base and potentially less demand for specialized financial services compared to metropolitan hubs.
Executive Summary
- Average Salary: $33,700 per year.
- Growth Trend: Salaries have shifted 9.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $37,490.
- Outlook: The job market for Tellers in North Missouri appears robust, with a total local workforce of 610 individuals in this role. The Location Quotient of 2.58 significantly exceeds the national average, indicating a strong concentration of Teller positions relative to the overall workforce in the area. This suggests a consistent demand for these services within the region.
Salary Overview
The average Tellers in North Missouri nonmetropolitan area earns-17.7%below the national average.
$16.2
$648
$2,808
Tellers Salary Trends (2020-2024)
While specific historical data for the past four years is not provided, it is reasonable to assume a general upward trend in Teller salaries across nonmetropolitan areas, mirroring national economic growth and inflation. This growth would likely be influenced by factors such as increased operational costs for financial institutions and a steady demand for basic banking services.
Tellers Salary Distribution in North Missouri nonmetropolitan area
As Tellers gain experience, their earning potential typically increases. Entry-level positions often start at the lower end of the salary spectrum, while senior Tellers or those with specialized skills, such as customer service or sales, can command higher salaries. The percentile gaps in salary distribution signify clear career progression pathways within the Teller role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,140 | $14 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,275 | $12.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $34,610 | $16.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $42,125 | $20.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $37,490 | $18 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$33,700
Gross Pay
Real Wage (Purchasing Power)
$33,700
Adjusted for COL (100)
The average annual salary of $33,700 in North Missouri aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, suggesting that the cost of essential goods and services is comparable.
Job Market Context
610
Total Jobs
5.686
Per 1K Jobs
2.58
Location Quotient
North Missouri nonmetropolitan area has 2.6x 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.
With a Location Quotient of 2.58, the market for Tellers in North Missouri is significantly more concentrated than the national average. This indicates that Teller roles are a more prominent feature of the local employment landscape compared to other professions. The high concentration suggests a competitive environment for new entrants but also a stable demand for experienced professionals.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Tellers Salary | $36,360↑ 8% | 10 mi |
| Columbia, MO Tellers Salary | $36,160↑ 7% | 34 mi |
Comparing salaries near North Missouri nonmetropolitan area
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Frequently Asked Questions
How much does a Tellers make in North Missouri nonmetropolitan area?
The median annual salary for a Tellers in North Missouri nonmetropolitan area is $33,700. This typically ranges from $29,140 for entry-level positions to $37,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Missouri nonmetropolitan area is 17.7% lower than the national median of $40,940.
Is North Missouri nonmetropolitan area a lucrative place for Tellers?
No, it is not considered a lucrative place for Tellers.The average salary of $33,700 is substantially lower than the national average, despite a cost of living that matches the national average. This indicates less earning potential relative to expenses.
Is North Missouri nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in North Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Missouri nonmetropolitan area?
Some top paying nearby cities include Jefferson City, MO ($36,360) and Columbia, MO.
How does the number of Tellers in North Missouri compare to the national average?
North Missouri has 5.686 Teller jobs per 1,000 workers, which is considerably higher than the national average, reflecting a strong local concentration of this profession.
What is the significance of the Location Quotient for Tellers in North Missouri?
A Location Quotient of 2.58 means that Tellers are 2.58 times more concentrated in North Missouri than in the nation as a whole, indicating a higher relative demand or prevalence of these roles.
Does experience impact a Teller's salary in North Missouri?
Yes, like most professions, experience plays a crucial role. Senior Tellers with more skills and tenure generally earn more than entry-level positions.
How does the cost of living affect the real value of a Teller's salary in North Missouri?
The cost of living index is 100, meaning it's the same as the national average. Therefore, the $33,700 salary has a purchasing power equivalent to the national average, despite being a lower nominal figure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 610 employees in the North Missouri nonmetropolitan area area with a job density of 5.686 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 North Missouri nonmetropolitan area