Average Tellers Salary in Omaha, NE-IA
Tellers in Omaha, NE-IA earn an average annual salary of $39,850, which is slightly below the national average of $40,940. This minor difference can often be attributed to localized economic factors and the specific demand within the financial services sector in the Omaha metropolitan area. Understanding these regional nuances is key to evaluating compensation.
Executive Summary
- Average Salary: $39,850 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,150.
- Outlook: The Omaha, NE-IA market demonstrates a notable concentration of Teller positions, as indicated by a Location Quotient of 1.51, significantly above the national average. With a local workforce of 1,640 Tellers and 3.332 jobs per 1,000 workers, the demand for these roles appears robust and more prevalent than in many other regions, suggesting a stable job market for financial service professionals.
Salary Overview
The average Tellers in Omaha, NE-IA earns-2.7%below the national average.
$19.2
$766
$3,321
Tellers Salary Trends (2020-2024)
While specific historical data for Teller salary growth in Omaha is not provided, it is reasonable to assume a general upward trend mirroring national patterns over the past four years. Economic shifts, inflation, and evolving banking needs typically drive modest annual salary increases for roles like Tellers, ensuring their compensation remains competitive within the local market.
Tellers Salary Distribution in Omaha, NE-IA
Career progression for Tellers in Omaha, NE-IA, typically involves salary increases tied to experience and skill development. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive knowledge of financial products, customer service expertise, and potentially supervisory responsibilities can expect to earn significantly more, reflecting higher percentile earnings.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,080 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,888 | $14.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,650 | $18.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,813 | $23.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,150 | $22.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,850
Gross Pay
Real Wage (Purchasing Power)
$39,850
Adjusted for COL (100)
The average annual salary of $39,850 for Tellers in Omaha, NE-IA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial footing for residents without the immediate pressure of higher or lower living expenses.
Job Market Context
1,640
Total Jobs
3.332
Per 1K Jobs
1.51
Location Quotient
Omaha, NE-IA has 1.5x 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 1.51, Omaha, NE-IA exhibits a higher concentration of Teller jobs compared to the national average. This suggests that the job market for Tellers in this region is more active and potentially more competitive, with a greater availability of opportunities relative to the overall workforce, indicating a favorable environment for job seekers in this profession.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Lincoln, NE Tellers Salary | $36,930↓ 7% | 45 mi |
| Sioux City, IA-NE-SD Tellers Salary | $38,790↓ 3% | 87 mi |
Comparing salaries near Omaha, NE-IA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Omaha, NE-IA?
The median annual salary for a Tellers in Omaha, NE-IA is $39,850. This typically ranges from $36,080 for entry-level positions to $46,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Omaha, NE-IA is 2.7% lower than the national median of $40,940.
Is Omaha, NE-IA a lucrative place for Tellers?
Yes, with a stable financial outlook.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning purchasing power is maintained. The high concentration of jobs indicates strong local demand.
Is Omaha, NE-IA a good place to live for Tellers?
The Cost of Living Index in Omaha, NE-IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Omaha, NE-IA?
Some top paying nearby cities include Lincoln, NE ($36,930) and Sioux City, IA-NE-SD.
How does the Omaha Teller salary compare to the national average?
The average annual salary for Tellers in Omaha, NE-IA is $39,850, which is slightly lower than the national average of $40,940.
What does the Location Quotient of 1.51 signify for Tellers in Omaha?
A Location Quotient of 1.51 indicates that Teller positions are 51% more concentrated in Omaha, NE-IA than the national average, suggesting higher demand and availability.
How does the Cost of Living in Omaha affect the Teller salary?
Omaha's Cost of Living Index is 100 (the national average), meaning the $39,850 salary has the same purchasing power as the national average salary, offering good financial stability.
What is the total number of Tellers employed in Omaha?
There are approximately 1,640 Tellers employed within the Omaha, NE-IA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,640 employees in the Omaha, NE-IA area with a job density of 3.332 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 Omaha, NE-IA