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Average Tellers Salary in Northeast Nebraska nonmetropolitan area

Tellers in the Northeast Nebraska nonmetropolitan area earn an average annual salary of $35,630. This figure is notably below the national average of $40,940, reflecting the economic dynamics and potentially lower demand for banking services in nonmetropolitan regions. The specific pay scale in this area is influenced by local economic conditions and the overall cost of labor.

Executive Summary

  • Average Salary: $35,630 per year.
  • Growth Trend: Salaries have shifted 16.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $39,730.
  • Outlook: With a local workforce of 660 Tellers, the Northeast Nebraska nonmetropolitan area demonstrates a significant concentration of this profession, as indicated by a Location Quotient of 3.12. This suggests that Tellers are more prevalent here than in the average U.S. location, pointing to a potentially stable or growing job market for individuals in this role within the region.
2024 Market Data

Salary Overview

$35,630

The average Tellers in Northeast Nebraska nonmetropolitan area earns-13.0%below the national average.

BreakdownBased on 40h/week
Hourly

$17.1

Weekly

$685

Monthly

$2,969

Tellers Salary Distribution in Northeast Nebraska nonmetropolitan area

Salary progression for Tellers typically correlates with experience and skill development. Entry-level positions often start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized knowledge can command higher salaries. The percentile gaps in earnings signify clear career progression pathways within the Teller role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,810$14.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$26,723$12.8
ManagerOversees team, compliance, and project delivery.50% (Median)$35,600$17.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$44,538$21.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$39,730$19.1

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$35,630

Gross Pay

Real Wage (Purchasing Power)

$35,630

Adjusted for COL (100)

The nominal average annual salary of $35,630 in Northeast Nebraska nonmetropolitan areas aligns precisely with the national average Cost of Living Index of 100. This means that while the earnings are lower than the national average, the purchasing power of that salary is equivalent to the national average, making it a balanced financial proposition for residents.

Job Market Context

660

Total Jobs

6.865

Per 1K Jobs

3.12

Location Quotient

Major Hub

Northeast Nebraska nonmetropolitan area has 3.1x 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.

The Location Quotient of 3.12 for Tellers in Northeast Nebraska nonmetropolitan areas indicates a substantial concentration of these roles compared to the national average. This suggests a robust local demand for Tellers, potentially offering more job opportunities and a competitive environment for those seeking employment in this sector within the region.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Grand Island, NE Tellers Salary$36,890 4%15 mi
Lincoln, NE Tellers Salary$36,930 4%86 mi

Comparing salaries near Northeast Nebraska nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

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

The median annual salary for a Tellers in Northeast Nebraska nonmetropolitan area is $35,630. This typically ranges from $29,810 for entry-level positions to $39,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Nebraska nonmetropolitan area is 13.0% lower than the national median of $40,940.

Is Northeast Nebraska nonmetropolitan area a lucrative place for Tellerss?

No, it is not a lucrative place for Tellers.The average salary of $35,630 is significantly lower than the national average, although the cost of living is on par. The high concentration of Tellers suggests local demand but does not translate to higher pay.

Is Northeast Nebraska nonmetropolitan area a good place to live for Tellers?

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

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

Some top paying nearby cities include Grand Island, NE ($36,890) and Lincoln, NE.

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

The average annual salary for Tellers in Northeast Nebraska nonmetropolitan areas is $35,630, which is approximately $5,310 less than the national average of $40,940.

What does the Location Quotient of 3.12 mean for Teller jobs in this area?

A Location Quotient of 3.12 signifies that Tellers are more than three times as concentrated in Northeast Nebraska nonmetropolitan areas compared to the national average, indicating a strong local presence and demand for this profession.

How does the cost of living in Northeast Nebraska affect the Teller salary?

With a Cost of Living Index of 100, the same as the national average, the lower nominal salary of $35,630 means that the purchasing power of a Teller's earnings in this region is equivalent to that of a Teller earning the national average salary in a region with an average cost of living.

What is the total number of Tellers employed in this region?

There are approximately 660 Tellers employed in the Northeast Nebraska nonmetropolitan area, representing 6.865 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Northeast Nebraska nonmetropolitan area area with a job density of 6.865 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.