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Average Tellers Salary in North Region of Texas nonmetropolitan area

Tellers in the North Region of Texas nonmetropolitan area earn an average annual salary of $35,200. This figure is notably below the national average of $40,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within this nonmetropolitan setting. The lower average salary reflects the unique economic landscape of rural Texas.

Executive Summary

  • Average Salary: $35,200 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $43,060.
  • Outlook: The Teller job market in the North Region of Texas nonmetropolitan area appears moderately concentrated, with a local workforce of 850 individuals. The Location Quotient of 1.41 suggests a higher concentration of Tellers compared to the national average, implying a steady, albeit not rapidly expanding, demand for these financial service professionals within the region.
2024 Market Data

Salary Overview

$35,200

The average Tellers in North Region of Texas nonmetropolitan area earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$16.9

Weekly

$677

Monthly

$2,933

Tellers Salary Distribution in North Region of Texas nonmetropolitan area

Salary progression for Tellers typically scales with experience. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earning potential clearly signify opportunities for career advancement and increased compensation as Tellers develop their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$27,870$13.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$26,400$12.7
ManagerOversees team, compliance, and project delivery.50% (Median)$36,000$17.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$44,000$21.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$43,060$20.7

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$35,200

Gross Pay

Real Wage (Purchasing Power)

$35,200

Adjusted for COL (100)

The nominal average annual salary of $35,200 in the North Region of Texas nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is equivalent to the national average, suggesting a balanced economic environment for residents.

Job Market Context

850

Total Jobs

3.105

Per 1K Jobs

1.41

Location Quotient

Above Average

With a location quotient of 1.41, North Region of Texas nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

With a Location Quotient of 1.41, the North Region of Texas nonmetropolitan area exhibits a concentration of Teller positions that is 41% higher than the national average. This indicates a relatively robust local market for Tellers, suggesting that job opportunities may be more abundant or competitive compared to areas with a lower concentration.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near North Region of Texas nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in North Region of Texas nonmetropolitan area?

The median annual salary for a Tellers in North Region of Texas nonmetropolitan area is $35,200. This typically ranges from $27,870 for entry-level positions to $43,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Region of Texas nonmetropolitan area is 14.0% lower than the national median of $40,940.

Is North Region of Texas nonmetropolitan area a lucrative place for Tellers?

No, it is not considered a lucrative place for Tellers compared to national averages.The average salary of $35,200 is significantly lower than the national average of $40,940. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.

Is North Region of Texas nonmetropolitan area a good place to live for Tellers?

The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($36,430) and Waco, TX.

How does the local Teller salary compare to the national average?

Tellers in the North Region of Texas nonmetropolitan area earn an average of $35,200 annually, which is below the national average of $40,940.

What is the concentration of Teller jobs in this region?

The region has a Location Quotient of 1.41, meaning there is a 41% higher concentration of Teller jobs compared to the national average.

Does the cost of living affect the value of a Teller's salary in this region?

The Cost of Living Index is 100, which is the national average. This means the $35,200 salary has the same purchasing power as the national average salary.

How many Tellers are employed in the North Region of Texas nonmetropolitan area?

There are approximately 850 Tellers employed within this specific region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 850 employees in the North Region of Texas nonmetropolitan area area with a job density of 3.105 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.