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Average Tellers Salary in Northeast Oklahoma nonmetropolitan area

Tellers in the Northeast Oklahoma nonmetropolitan area earn an average annual salary of $33,000. This figure is notably below the national average of $40,940, reflecting regional economic factors and a potentially lower demand for banking services compared to more urbanized areas. The specific economic landscape and industry concentration within this region significantly influence compensation levels for these essential financial service roles.

Executive Summary

  • Average Salary: $33,000 per year.
  • Growth Trend: Salaries have shifted 34.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $37,490.
  • Outlook: The local job market for Tellers in Northeast Oklahoma's nonmetropolitan area appears stable, with a total workforce of 510 individuals. The Location Quotient of 1.96 suggests a concentration of Teller positions nearly double the national average, indicating a relatively robust demand for these roles within the local economy. While the absolute number of jobs is modest, the higher concentration points to a specialized need for Tellers in this region.
2024 Market Data

Salary Overview

$33,000

The average Tellers in Northeast Oklahoma nonmetropolitan area earns-19.4%below the national average.

BreakdownBased on 40h/week
Hourly

$15.9

Weekly

$635

Monthly

$2,750

Tellers Salary Distribution in Northeast Oklahoma nonmetropolitan area

As with most professions, Teller salaries in Northeast Oklahoma nonmetropolitan areas typically scale with experience. Entry-level positions will command lower wages, while seasoned professionals with extensive knowledge of banking procedures, customer service, and financial products can expect significantly higher compensation. The percentile gaps between junior and senior Tellers highlight clear career progression pathways and the value placed on accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$27,390$13.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$24,750$11.9
ManagerOversees team, compliance, and project delivery.50% (Median)$31,870$15.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$41,250$19.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$37,490$18

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$33,000

Gross Pay

Real Wage (Purchasing Power)

$33,000

Adjusted for COL (100)

The nominal average annual salary of $33,000 for Tellers in Northeast Oklahoma's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is comparable to the national standard, making the cost of living a neutral factor in assessing the real value of the salary.

Job Market Context

510

Total Jobs

4.314

Per 1K Jobs

1.96

Location Quotient

Major Hub

Northeast Oklahoma nonmetropolitan area has 2.0x 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 1.96, Northeast Oklahoma's nonmetropolitan area exhibits a significant concentration of Teller positions relative to the national average. This suggests that Tellers are a more prominent occupational group in this region than in the country as a whole, potentially leading to a more competitive job market for qualified candidates or a greater abundance of opportunities for those entering the field.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Oklahoma City, OK Tellers Salary$37,760 14%34 mi
Tulsa, OK Tellers Salary$37,680 14%69 mi
Enid, OK Tellers Salary$34,700 5%78 mi

Comparing salaries near Northeast Oklahoma nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

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

The median annual salary for a Tellers in Northeast Oklahoma nonmetropolitan area is $33,000. This typically ranges from $27,390 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 Northeast Oklahoma nonmetropolitan area is 19.4% lower than the national median of $40,940.

Is Northeast Oklahoma nonmetropolitan area a lucrative place for Tellers?

No, it is not a particularly lucrative place for Tellers.The average salary of $33,000 is substantially lower than the national average, despite a cost of living that is on par with the national average.

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

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

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

Some top paying nearby cities include Oklahoma City, OK ($37,760) and Tulsa, OK.

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

The average annual salary for Tellers in Northeast Oklahoma's nonmetropolitan area is $33,000, which is significantly lower than the national average of $40,940.

What is the concentration of Teller jobs in this region?

The Location Quotient for Tellers in this region is 1.96, indicating that the concentration of these jobs is nearly double the national average.

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

The Cost of Living Index is 100, which is the national average. This means the $33,000 salary has the same purchasing power as it would nationally, despite being a lower nominal amount.

What does the job market outlook suggest for Tellers in this area?

The outlook suggests a stable market with a higher-than-average concentration of Teller roles, implying consistent demand within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Northeast Oklahoma nonmetropolitan area area with a job density of 4.314 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.