Average Tellers Salary in Oklahoma City, OK
Tellers in Oklahoma City, OK, earn an average annual salary of $37,760. This figure is slightly below the national average of $40,940, a common trend in metropolitan areas where localized economic factors and cost of living can influence compensation structures. The specific demand and supply dynamics within the Oklahoma City job market play a significant role in shaping these salary outcomes.
Executive Summary
- Average Salary: $37,760 per year.
- Growth Trend: Salaries have shifted 44.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,320.
- Outlook: Oklahoma City boasts a substantial local workforce of 2,300 Tellers, indicating a robust presence in the financial sector. With a Location Quotient of 1.56, Tellers are significantly more concentrated in Oklahoma City than the national average, suggesting a strong and potentially growing demand for these professionals within the region.
Salary Overview
The average Tellers in Oklahoma City, OK earns-7.8%below the national average.
$18.2
$726
$3,147
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Oklahoma City is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic recovery and inflation. This growth is typically driven by increased demand for financial services and adjustments to the cost of living, ensuring that Teller compensation remains competitive within the local market.
Tellers Salary Distribution in Oklahoma City, OK
Career progression for Tellers in Oklahoma City typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reflected in the upper percentiles of the pay distribution. These percentile gaps highlight clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,040 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,320 | $13.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,550 | $17.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,200 | $22.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,320 | $21.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,760
Gross Pay
Real Wage (Purchasing Power)
$37,760
Adjusted for COL (100)
The average annual salary for Tellers in Oklahoma City stands at $37,760. This nominal income 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 Oklahoma City is comparable to that of Tellers in an average U.S. city, offering a stable financial standing.
Job Market Context
2,300
Total Jobs
3.439
Per 1K Jobs
1.56
Location Quotient
Oklahoma City, OK has 1.6x 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.
Oklahoma City's Location Quotient of 1.56 for Tellers signifies a market where this profession is 56% more concentrated than the national average. This indicates a healthy demand and a potentially competitive environment, suggesting that employers may actively seek Tellers, while also presenting ample opportunities for job seekers within this specialized field.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Tellers Salary | $33,330↓ 12% | 34 mi |
| Northeast Oklahoma nonmetropolitan area Tellers Salary | $33,000↓ 13% | 34 mi |
| Southwest Oklahoma nonmetropolitan area Tellers Salary | $31,060↓ 18% | 34 mi |
| Northwest Oklahoma nonmetropolitan area Tellers Salary | $32,530↓ 14% | 34 mi |
| Enid, OK Tellers Salary | $34,700↓ 8% | 68 mi |
Comparing salaries near Oklahoma City, OK
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Oklahoma City, OK?
The median annual salary for a Tellers in Oklahoma City, OK is $37,760. This typically ranges from $30,040 for entry-level positions to $45,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma City, OK is 7.8% lower than the national median of $40,940.
Is Oklahoma City, OK a lucrative place for Tellers?
No, but it is stable.While the average salary of $37,760 is below the national average, the Cost of Living Index of 100 means your earnings have average purchasing power. The high concentration of Tellers (LQ 1.56) suggests stable demand.
Is Oklahoma City, OK a good place to live for Tellers?
The Cost of Living Index in Oklahoma City, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oklahoma City, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($33,330) and Northeast Oklahoma nonmetropolitan area.
How does the number of Tellers in Oklahoma City compare nationally?
With 2,300 Tellers locally and 3.439 jobs per 1,000 workers, Oklahoma City has a notable presence, especially considering its Location Quotient of 1.56, which is well above the national average.
What is the significance of the Location Quotient for Tellers in Oklahoma City?
A Location Quotient of 1.56 means Tellers are 56% more concentrated in Oklahoma City than in the average U.S. location, indicating a stronger regional demand or a more specialized local job market for this role.
Does experience impact a Teller's salary in Oklahoma City?
Yes, like most professions, Tellers with more experience in Oklahoma City can expect to earn higher salaries, moving into the upper percentiles of the pay scale as they gain expertise and responsibilities.
How does the cost of living affect a Teller's salary in Oklahoma City?
With a Cost of Living Index of 100, the average Teller salary of $37,760 in Oklahoma City offers purchasing power equivalent to the national average, making it a balanced financial environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,300 employees in the Oklahoma City, OK area with a job density of 3.439 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 Oklahoma City, OK