Average Tellers Salary in Northwest Colorado nonmetropolitan area
Tellers in the Northwest Colorado nonmetropolitan area earn an average annual salary of $46,090, which is notably higher than the national average of $40,940. This elevated compensation is likely influenced by the specific economic conditions and demand for financial services within this region, which may differ from more densely populated or metropolitan areas.
Executive Summary
- Average Salary: $46,090 per year.
- Growth Trend: Salaries have shifted 33.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,490.
- Outlook: With a local workforce of 240 Tellers and a Location Quotient of 0.83, the job market in Northwest Colorado for this profession shows a moderate level of concentration relative to the national average. While not significantly overrepresented, the consistent presence of 1.83 jobs per 1,000 workers suggests a stable, albeit not booming, demand for Teller services in the area.
Salary Overview
The average Tellers in Northwest Colorado nonmetropolitan area earns+12.6%above the national average.
$22.2
$886
$3,841
Tellers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Tellers in Northwest Colorado have experienced growth over the past four years, mirroring national trends. Economic shifts and inflation typically drive incremental salary increases, ensuring that compensation remains competitive within the local market.
Tellers Salary Distribution in Northwest Colorado nonmetropolitan area
Career progression for Tellers in Northwest Colorado typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. The gap between the lowest and highest percentile earnings signifies this potential for advancement, rewarding increased experience, specialized skills, and greater responsibility within financial institutions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,910 | $18.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,568 | $16.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,690 | $22.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,613 | $27.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,490 | $26.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$46,090
Gross Pay
Real Wage (Purchasing Power)
$46,090
Adjusted for COL (100)
The average annual salary of $46,090 in Northwest Colorado aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this region is equivalent to the national average, indicating a balanced financial landscape where earnings effectively cover typical living expenses.
Job Market Context
240
Total Jobs
1.83
Per 1K Jobs
0.83
Location Quotient
Northwest Colorado nonmetropolitan area has 0.83x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.83 suggests that Tellers are slightly less concentrated in Northwest Colorado compared to the national average. This indicates a job market that is neither saturated nor exceptionally scarce, presenting a balanced environment for job seekers and employers alike, with opportunities available but not overwhelmingly abundant.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Tellers Salary | $42,890↓ 7% | 32 mi |
| Denver-Aurora-Centennial, CO Tellers Salary | $47,140↑ 2% | 54 mi |
| Pueblo, CO Tellers Salary | $39,820↓ 14% | 66 mi |
| Boulder, CO Tellers Salary | $45,250↓ 2% | 67 mi |
| Greeley, CO Tellers Salary | $41,850↓ 9% | 98 mi |
Comparing salaries near Northwest Colorado nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Northwest Colorado nonmetropolitan area?
The median annual salary for a Tellers in Northwest Colorado nonmetropolitan area is $46,090. This typically ranges from $37,910 for entry-level positions to $54,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Colorado nonmetropolitan area is 12.6% higher than the national median of $40,940.
Is Northwest Colorado nonmetropolitan area a lucrative place for Tellerss?
Yes, it offers above-average compensation.Tellers in this region earn $46,090 annually, surpassing the national average of $40,940. Coupled with a Cost of Living Index at the national average, this salary provides strong purchasing power.
Is Northwest Colorado nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Northwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($42,890) and Denver-Aurora-Centennial, CO.
How does the Teller salary in Northwest Colorado compare to the national average?
Tellers in Northwest Colorado earn an average of $46,090 annually, which is higher than the national average of $40,940.
What is the Cost of Living in Northwest Colorado?
The Cost of Living Index in Northwest Colorado is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated is the Teller job market in this region?
The Teller job market has a Location Quotient of 0.83, indicating it is slightly less concentrated than the national average, suggesting a balanced supply and demand.
What is the total number of Tellers employed in Northwest Colorado?
There are approximately 240 Tellers employed in the Northwest Colorado 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 240 employees in the Northwest Colorado nonmetropolitan area area with a job density of 1.83 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 Northwest Colorado nonmetropolitan area