Average Tellers Salary in Shreveport-Bossier City, LA
In Shreveport-Bossier City, LA, Tellers earn an average annual salary of $35,060. This figure is notably below the national average of $40,940, suggesting that local economic factors and market demand play a significant role in compensation within this specific metropolitan area. The concentration of Tellers in this region, however, offers a unique perspective on the local financial sector's needs.
Executive Summary
- Average Salary: $35,060 per year.
- Growth Trend: Salaries have shifted 21.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $41,870.
- Outlook: The job market for Tellers in Shreveport-Bossier City, LA, appears stable, supported by a local workforce of 440 individuals in this role. The Location Quotient of 1.24 indicates a slightly higher concentration of Tellers compared to the national average, suggesting a consistent, albeit not rapidly expanding, demand for these financial professionals within the region.
Salary Overview
The average Tellers in Shreveport-Bossier City, LA earns-14.4%below the national average.
$16.9
$674
$2,922
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Shreveport-Bossier City is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically necessitate upward adjustments in compensation to maintain purchasing power and attract talent, likely resulting in modest but consistent increases for Tellers in this area.
Tellers Salary Distribution in Shreveport-Bossier City, LA
Career progression for Tellers in Shreveport-Bossier City, LA, typically involves a salary increase with accumulated experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Tellers with extensive banking knowledge and customer service expertise can command higher salaries, reflecting their value and the percentile gaps observed in compensation data.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,280 | $14.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,295 | $12.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,140 | $17.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $43,825 | $21.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $41,870 | $20.1 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$35,060
Gross Pay
Real Wage (Purchasing Power)
$35,060
Adjusted for COL (100)
The average annual salary of $35,060 for Tellers in Shreveport-Bossier City, LA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by Tellers in this area has the same purchasing power as the national average salary for the same role, indicating a balanced economic environment for residents.
Job Market Context
440
Total Jobs
2.725
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Shreveport-Bossier City, LA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.24, Shreveport-Bossier City, LA, exhibits a concentration of Tellers that is 24% higher than the national average. This suggests that the job market here is relatively robust for this profession, with more opportunities available per capita than in many other parts of the country, potentially leading to a competitive but accessible environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Longview, TX Tellers Salary | $34,940↓ 0% | 56 mi |
| Texarkana, TX-AR Tellers Salary | $34,390↓ 2% | 70 mi |
| Tyler, TX Tellers Salary | $35,860↑ 2% | 89 mi |
Comparing salaries near Shreveport-Bossier City, LA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Shreveport-Bossier City, LA?
The median annual salary for a Tellers in Shreveport-Bossier City, LA is $35,060. This typically ranges from $29,280 for entry-level positions to $41,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Shreveport-Bossier City, LA is 14.4% lower than the national median of $40,940.
Is Shreveport-Bossier City, LA a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average Teller salary of $35,060 is significantly lower than the national average of $40,940.
Is Shreveport-Bossier City, LA a good place to live for Tellers?
The Cost of Living Index in Shreveport-Bossier City, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Shreveport-Bossier City, LA?
Some top paying nearby cities include Longview, TX ($34,940) and Texarkana, TX-AR.
How does the number of Tellers in Shreveport-Bossier City compare nationally?
Shreveport-Bossier City has 2.725 Tellers per 1,000 workers, which is higher than the national average, indicating a greater prevalence of this role locally.
What is the significance of the Location Quotient for Tellers in Shreveport-Bossier City?
A Location Quotient of 1.24 means that Tellers are more concentrated in Shreveport-Bossier City than the national average, suggesting a stronger local presence and demand for these roles.
Does experience impact a Teller's salary in Shreveport-Bossier City?
Yes, like most professions, Tellers with more experience and specialized skills typically earn higher salaries than entry-level employees in Shreveport-Bossier City.
How does the cost of living affect the value of a Teller's salary in Shreveport-Bossier City?
With a cost of living index of 100, the national average, a Teller's salary in Shreveport-Bossier City has the same relative purchasing power as it would nationally, making the lower nominal salary more understandable.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Shreveport-Bossier City, LA area with a job density of 2.725 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 Shreveport-Bossier City, LA