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Average Tellers Salary in Sioux City, IA-NE-SD

In Sioux City, IA-NE-SD, Tellers earn an average annual salary of $38,790. This figure is slightly below the national average of $40,940, reflecting a localized economic landscape that influences compensation. Factors such as regional demand, the cost of doing business, and the overall economic health of the area contribute to this pay differential.

Executive Summary

  • Average Salary: $38,790 per year.
  • Growth Trend: Salaries have shifted 28.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,260.
  • Outlook: The Tellers job market in Sioux City, IA-NE-SD, shows a notable concentration, with a Location Quotient of 1.55 indicating a higher presence of these roles compared to the national average. Supported by a local workforce of 260 Tellers, this suggests a stable demand for these professionals within the region, even if the overall number is modest.
2024 Market Data

Salary Overview

$38,790

The average Tellers in Sioux City, IA-NE-SD earns-5.3%below the national average.

BreakdownBased on 40h/week
Hourly

$18.7

Weekly

$746

Monthly

$3,233

Tellers Salary Distribution in Sioux City, IA-NE-SD

Career progression for Tellers in Sioux City typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with several years of experience and specialized skills can command higher salaries, often reaching into the 75th percentile or beyond. These percentile gaps clearly signify opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,530$16.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,093$14
ManagerOversees team, compliance, and project delivery.50% (Median)$36,990$17.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,488$23.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$45,260$21.8

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$38,790

Gross Pay

Real Wage (Purchasing Power)

$38,790

Adjusted for COL (100)

The nominal salary of $38,790 in Sioux City, IA-NE-SD, 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 Sioux City is equivalent to the national standard, offering a stable financial environment without the significant financial strain often associated with higher or lower cost-of-living areas.

Job Market Context

260

Total Jobs

3.421

Per 1K Jobs

1.55

Location Quotient

Major Hub

Sioux City, IA-NE-SD 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.

With a Location Quotient of 1.55, Sioux City, IA-NE-SD, demonstrates a concentration of Tellers jobs that is 55% higher than the national average. This suggests a relatively robust local market for these professionals, indicating that job opportunities may be more abundant or that the industry plays a more significant role in the local economy compared to other regions.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Sioux Falls, SD-MN Tellers Salary$37,630↓ 3%74 mi
Omaha, NE-IA Tellers Salary$39,850↑ 3%87 mi

Comparing salaries near Sioux City, IA-NE-SD

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Sioux City, IA-NE-SD?

The median annual salary for a Tellers in Sioux City, IA-NE-SD is $38,790. This typically ranges from $34,530 for entry-level positions to $45,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sioux City, IA-NE-SD is 5.3% lower than the national median of $40,940.

Is Sioux City, IA-NE-SD a lucrative place for Tellers?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the Tellers salary of $38,790 is below the national average of $40,940. The job market shows a higher concentration, but this doesn't translate to higher pay in this instance.

Is Sioux City, IA-NE-SD a good place to live for Tellers?

The Cost of Living Index in Sioux City, IA-NE-SD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sioux City, IA-NE-SD?

Some top paying nearby cities include Sioux Falls, SD-MN ($37,630) and Omaha, NE-IA.

How does the Sioux City Tellers salary compare to the national average?

The average annual salary for Tellers in Sioux City, IA-NE-SD is $38,790, which is slightly lower than the national average of $40,940.

What is the cost of living in Sioux City, IA-NE-SD for Tellers?

The Cost of Living Index in Sioux City, IA-NE-SD is 100, which is exactly the national average, meaning living expenses are neither significantly higher nor lower than the typical US city.

Is there high demand for Tellers in Sioux City, IA-NE-SD?

Yes, the Location Quotient of 1.55 indicates a higher concentration of Tellers jobs in Sioux City compared to the national average, suggesting relatively strong local demand.

How many Tellers work in Sioux City, IA-NE-SD?

There are approximately 260 Tellers employed in the Sioux City, IA-NE-SD 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 Sioux City, IA-NE-SD area with a job density of 3.421 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Sioux City, IA-NE-SD