Average Tellers Salary in South Nebraska nonmetropolitan area
Tellers in the South Nebraska nonmetropolitan area earn an average annual salary of $39,860. This figure is slightly below the national average of $40,940, a difference often attributed to the unique economic landscape and lower cost of living prevalent in nonmetropolitan regions. These factors influence compensation benchmarks across various industries.
Executive Summary
- Average Salary: $39,860 per year.
- Growth Trend: Salaries have shifted 29.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,860.
- Outlook: The South Nebraska nonmetropolitan area supports a dedicated workforce of 960 Tellers, indicating a stable presence in the local economy. The high Location Quotient of 2.84 suggests a significant concentration of these roles compared to the national average, pointing towards consistent demand and a robust job market for Tellers within this specific region.
Salary Overview
The average Tellers in South Nebraska nonmetropolitan area earns-2.6%below the national average.
$19.2
$767
$3,322
Tellers Salary Trends (2020-2024)
While specific historical data for this niche is not provided, it is reasonable to assume that Tellers salaries in the South Nebraska nonmetropolitan area have experienced gradual growth over the past four years, mirroring general economic trends and inflation adjustments. This steady upward movement is typical for established roles within regional economies.
Tellers Salary Distribution in South Nebraska nonmetropolitan area
Career progression for Tellers typically involves salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive banking knowledge and customer service expertise can command salaries significantly higher than the average. The percentile gaps in salary distribution highlight these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,060 | $14 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,895 | $14.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,470 | $18 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,825 | $24 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $49,860 | $24 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,860
Gross Pay
Real Wage (Purchasing Power)
$39,860
Adjusted for COL (100)
The average annual salary of $39,860 in the South Nebraska nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this region is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
960
Total Jobs
6.244
Per 1K Jobs
2.84
Location Quotient
South Nebraska nonmetropolitan area has 2.8x 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 2.84, the South Nebraska nonmetropolitan area exhibits a notably higher concentration of Tellers than the national average. This suggests that the job market for Tellers here is relatively abundant and potentially more competitive, with employers having access to a larger pool of qualified candidates.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Grand Island, NE Tellers Salary | $36,890↓ 7% | 15 mi |
| Lincoln, NE Tellers Salary | $36,930↓ 7% | 86 mi |
Comparing salaries near South Nebraska nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in South Nebraska nonmetropolitan area?
The median annual salary for a Tellers in South Nebraska nonmetropolitan area is $39,860. This typically ranges from $29,060 for entry-level positions to $49,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Nebraska nonmetropolitan area is 2.6% lower than the national median of $40,940.
Is South Nebraska nonmetropolitan area a lucrative place for Tellers?
No, not exceptionally lucrative compared to national averages.While the salary is competitive within the region and the cost of living is average, the $39,860 annual income is slightly below the national average for Tellers.
Is South Nebraska nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in South Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Nebraska nonmetropolitan area?
Some top paying nearby cities include Grand Island, NE ($36,890) and Lincoln, NE.
How does the number of Tellers in South Nebraska compare nationally?
With 6.244 jobs per 1,000 workers, the concentration of Tellers in this region is significantly higher than the national average, as indicated by the Location Quotient of 2.84.
What is the impact of the Cost of Living Index on a Teller's salary?
A Cost of Living Index of 100 means the local expenses are on par with the national average. Therefore, the $39,860 salary offers purchasing power equivalent to the national average.
Are there many job opportunities for Tellers in this area?
Yes, the high Location Quotient suggests a strong demand and a significant presence of Teller roles within the South Nebraska nonmetropolitan area's workforce.
How does experience affect a Teller's salary in South Nebraska?
Experienced Tellers typically earn more than entry-level ones. Salary progression is expected as Tellers gain more skills and responsibilities within financial institutions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the South Nebraska nonmetropolitan area area with a job density of 6.244 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 South Nebraska nonmetropolitan area