Average Tellers Salary in Northwest Nebraska nonmetropolitan area
Tellers in the Northwest Nebraska nonmetropolitan area earn an average annual salary of $36,730. This figure is notably below the national average of $40,940, reflecting the economic dynamics and potentially lower demand for banking services in more rural regions. The specific pay scale in this area is influenced by local economic conditions and the overall cost of labor within the state's nonmetropolitan zones.
Executive Summary
- Average Salary: $36,730 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $42,680.
- Outlook: The job market for Tellers in Northwest Nebraska appears robust, with a total local workforce of 260 individuals. The Location Quotient of 3.07 significantly exceeds the national average, indicating a strong concentration of these roles within the region. This high concentration suggests a stable demand for Tellers, making it a potentially secure career path for those residing in or looking to relocate to this area.
Salary Overview
The average Tellers in Northwest Nebraska nonmetropolitan area earns-10.3%below the national average.
$17.7
$706
$3,061
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in Northwest Nebraska have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This incremental increase would likely align with broader wage adjustments seen across the nation, albeit potentially at a more modest pace due to the nonmetropolitan setting.
Tellers Salary Distribution in Northwest Nebraska nonmetropolitan area
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, which is reflected in salary increases. While specific percentile data is unavailable, the gap between starting salaries and those earned by experienced Tellers generally widens with added years of service, increased responsibilities, and demonstrated proficiency in customer service and financial transactions. These percentile gaps are key indicators of career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,390 | $14.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $27,548 | $13.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,340 | $18.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $45,913 | $22.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $42,680 | $20.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$36,730
Gross Pay
Real Wage (Purchasing Power)
$36,730
Adjusted for COL (100)
The nominal average annual salary of $36,730 in Northwest Nebraska aligns perfectly 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 equivalent to the national average, making the effective financial standing comparable to many other regions.
Job Market Context
260
Total Jobs
6.767
Per 1K Jobs
3.07
Location Quotient
Northwest 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.
With a Location Quotient of 3.07, Northwest Nebraska exhibits a significantly higher concentration of Teller positions compared to the national average. This suggests that the job market for Tellers in this region is relatively abundant and less saturated than in metropolitan areas. The high concentration implies a strong local demand for these services, potentially offering more opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Grand Island, NE Tellers Salary | $36,890↑ 0% | 15 mi |
| Lincoln, NE Tellers Salary | $36,930↑ 1% | 86 mi |
Comparing salaries near Northwest Nebraska nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Northwest Nebraska nonmetropolitan area?
The median annual salary for a Tellers in Northwest Nebraska nonmetropolitan area is $36,730. This typically ranges from $29,390 for entry-level positions to $42,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Nebraska nonmetropolitan area is 10.3% lower than the national median of $40,940.
Is Northwest Nebraska nonmetropolitan area a lucrative place for Tellers?
No, it is not considered lucrative compared to the national average.Tellers in this region earn approximately $4,210 less annually than the national average. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Northwest Nebraska nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Northwest Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Nebraska nonmetropolitan area?
Some top paying nearby cities include Grand Island, NE ($36,890) and Lincoln, NE.
How does the Teller salary in Northwest Nebraska compare to the national average?
The average annual salary for Tellers in Northwest Nebraska is $36,730, which is below the national average of $40,940.
What is the Cost of Living in Northwest Nebraska compared to the national average?
The Cost of Living Index in Northwest Nebraska is 100, which is exactly the national average.
Is there high demand for Tellers in Northwest Nebraska?
Yes, the Location Quotient of 3.07 indicates a significantly higher concentration of Teller jobs relative to the national average, suggesting strong local demand.
How many Tellers are employed in Northwest Nebraska?
There are approximately 260 Tellers employed in the Northwest Nebraska 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 260 employees in the Northwest Nebraska nonmetropolitan area area with a job density of 6.767 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 Nebraska nonmetropolitan area