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Average Tellers Salary in Northeast Louisiana nonmetropolitan area

Tellers in the Northeast Louisiana nonmetropolitan area earn an average annual salary of $32,760. This figure is notably below the national average of $40,940, reflecting regional economic factors and potentially a lower demand for banking services compared to more urbanized areas. The specific economic landscape of this nonmetropolitan region directly influences the compensation offered to its banking professionals.

Executive Summary

  • Average Salary: $32,760 per year.
  • Growth Trend: Salaries have shifted 14.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $38,560.
  • Outlook: The local workforce for Tellers in Northeast Louisiana comprises 230 individuals, with a jobs-per-1,000-workers ratio of 3.678. The Location Quotient of 1.67 indicates a higher concentration of Teller positions relative to the national average. This suggests a moderately robust local demand for these roles, potentially driven by a stable community banking sector or a lack of alternative employment opportunities in similar fields within the region.
2024 Market Data

Salary Overview

$32,760

The average Tellers in Northeast Louisiana nonmetropolitan area earns-20.0%below the national average.

BreakdownBased on 40h/week
Hourly

$15.8

Weekly

$630

Monthly

$2,730

Tellers Salary Distribution in Northeast Louisiana nonmetropolitan area

Career progression for Tellers typically involves moving from entry-level positions to more senior roles, which often command higher salaries. While specific percentile data is unavailable, the typical salary range for Tellers can span significantly, with senior Tellers potentially earning 20-30% more than their junior counterparts. These salary differentials underscore the value of experience and expanded responsibilities within the role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$24,250$11.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$24,570$11.8
ManagerOversees team, compliance, and project delivery.50% (Median)$31,410$15.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$40,950$19.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$38,560$18.5

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$32,760

Gross Pay

Real Wage (Purchasing Power)

$32,760

Adjusted for COL (100)

The average annual salary of $32,760 in Northeast Louisiana aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average. Therefore, the lower pay is offset by a comparable cost of living, making the financial aspect of relocating neutral from a cost-of-living perspective.

Job Market Context

230

Total Jobs

3.678

Per 1K Jobs

1.67

Location Quotient

Major Hub

Northeast Louisiana nonmetropolitan area has 1.7x 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 1.67, Northeast Louisiana has a significantly higher concentration of Teller jobs compared to the national average. This suggests that the market is relatively abundant with opportunities for Tellers, or that the demand for these services is proportionally higher in this region. It implies that Tellers may find more readily available positions or a more specialized local banking industry.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Alexandria, LA Tellers Salary$34,950 7%37 mi
Baton Rouge, LA Tellers Salary$37,110 13%67 mi
Lafayette, LA Tellers Salary$34,700 6%67 mi
Monroe, LA Tellers Salary$33,950 4%94 mi
Hammond, LA Tellers Salary$36,060 10%95 mi

Comparing salaries near Northeast Louisiana nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Northeast Louisiana nonmetropolitan area?

The median annual salary for a Tellers in Northeast Louisiana nonmetropolitan area is $32,760. This typically ranges from $24,250 for entry-level positions to $38,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Louisiana nonmetropolitan area is 20.0% lower than the national median of $40,940.

Is Northeast Louisiana nonmetropolitan area a lucrative place for Tellers?

No, it is not a lucrative place for Tellers compared to the national average.The average salary of $32,760 is substantially 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 Northeast Louisiana nonmetropolitan area a good place to live for Tellers?

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

Where are the highest paying cities near Northeast Louisiana nonmetropolitan area?

Some top paying nearby cities include Alexandria, LA ($34,950) and Baton Rouge, LA.

How does the Teller salary in Northeast Louisiana compare to the national average?

Tellers in Northeast Louisiana earn an average of $32,760 annually, which is approximately 20% less than the national average salary of $40,940.

What is the Cost of Living in Northeast Louisiana compared to the national average?

The Cost of Living Index in Northeast Louisiana is 100, which is exactly the national average. This means that the cost of goods and services is comparable to the rest of the country.

Is there high demand for Tellers in Northeast Louisiana?

The Location Quotient of 1.67 suggests a higher concentration of Teller jobs relative to the national average, indicating a potentially strong local demand for these positions.

How many Tellers work in Northeast Louisiana?

There are approximately 230 Tellers employed in the Northeast Louisiana nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Northeast Louisiana nonmetropolitan area area with a job density of 3.678 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.