Tellers in Ogden, UT, earn an average annual salary of $38,290. This figure is slightly below the national average of $40,940, indicating a localized pay structure influenced by regional economic factors and the specific demand within the Ogden area. While the nominal salary may seem lower, it's crucial to consider the local economic context.
Executive Summary
- Average Salary: $38,290 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,200.
- Outlook: Ogden, UT, supports a local workforce of 860 Tellers, with 3.171 jobs per 1,000 workers. The Location Quotient of 1.44 signifies a higher concentration of Tellers in Ogden compared to the national average, suggesting a robust and potentially growing demand for these financial service professionals within the region.
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in Ogden, like in many other markets, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increased demand for financial services, and the need for banks to retain skilled personnel.
Tellers Salary Distribution in Ogden, UT
Career progression for Tellers in Ogden, UT, typically involves increased earning potential with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in salary distribution reflect these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,950 | $15.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,718 | $13.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,380 | $18 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,863 | $23 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,200 | $22.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$38,290
Gross Pay
Real Wage (Purchasing Power)
$38,290
Adjusted for COL (100)
The average annual salary of $38,290 in Ogden, UT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Ogden is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
860
Total Jobs
3.171
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Ogden, UT has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.44, Ogden, UT, demonstrates a notably higher concentration of Tellers than the national average. This suggests that the job market for Tellers in Ogden is relatively abundant and potentially more competitive, as there are more Tellers employed locally per capita than in the average U.S. metropolitan area.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Salt Lake City-Murray, UT Tellers Salary | $40,020↑ 5% | 31 mi |
| Logan, UT-ID Tellers Salary | $38,560↑ 1% | 36 mi |
| Provo-Orem-Lehi, UT Tellers Salary | $38,530↑ 1% | 70 mi |
| High Desert Utah nonmetropolitan area Tellers Salary | $38,160↓ 0% | 75 mi |
| Wasatch Front Fringe Utah nonmetropolitan area Tellers Salary | $39,840↑ 4% | 75 mi |
Comparing salaries near Ogden, UT
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Ogden, UT?
The median annual salary for a Tellers in Ogden, UT is $38,290. This typically ranges from $31,950 for entry-level positions to $47,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ogden, UT is 6.5% lower than the national median of $40,940.
Is Ogden, UT a lucrative place for Tellers?
Moderately. While the nominal salary is slightly below the national average, it is balanced by the local cost of living.The average salary of $38,290 is offset by a Cost of Living Index of 100, meaning your earnings have average purchasing power. The high concentration of Tellers (LQ 1.44) indicates demand, but also potential competition.
Is Ogden, UT a good place to live for Tellers?
The Cost of Living Index in Ogden, UT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ogden, UT?
Some top paying nearby cities include Salt Lake City-Murray, UT ($40,020) and Logan, UT-ID.
How does Ogden's Teller salary compare to the national average?
The average annual salary for Tellers in Ogden, UT, is $38,290, which is slightly lower than the national average of $40,940.
What does the Location Quotient of 1.44 mean for Tellers in Ogden?
A Location Quotient of 1.44 indicates that Tellers are more concentrated in Ogden, UT, than the national average, suggesting a stronger local presence and potentially higher demand for the role.
Is the cost of living high in Ogden, UT?
Ogden, UT, has a Cost of Living Index of 100, which is exactly the national average. This means the cost of goods and services is neither significantly higher nor lower than the typical U.S. city.
How many Tellers work in Ogden, UT?
There are approximately 860 Tellers employed in Ogden, UT, representing 3.171 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 860 employees in the Ogden, UT area with a job density of 3.171 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 Ogden, UT