Average Tellers Salary in Southeast-Central Idaho nonmetropolitan area
Tellers in the Southeast-Central Idaho nonmetropolitan area earn an average annual salary of $38,700. This figure is slightly below the national average of $40,940, a common trend in nonmetropolitan regions where the cost of labor and operational expenses can differ significantly from urban centers. Local economic factors and the specific demand within this region play a crucial role in shaping compensation for banking professionals.
Executive Summary
- Average Salary: $38,700 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $43,390.
- Outlook: With a total local workforce of 230 Tellers, the Southeast-Central Idaho nonmetropolitan area demonstrates a stable, albeit modest, employment base for this profession. The Location Quotient of 1.11 indicates a slightly higher concentration of Tellers compared to the national average, suggesting a steady demand that aligns with the region's economic activity and population needs.
Salary Overview
The average Tellers in Southeast-Central Idaho nonmetropolitan area earns-5.5%below the national average.
$18.6
$744
$3,225
Tellers Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area isn't provided, it's reasonable to assume that Teller salaries in Southeast-Central Idaho have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, evolving banking technologies requiring new skill sets, and the general economic climate influencing wage adjustments.
Tellers Salary Distribution in Southeast-Central Idaho nonmetropolitan area
Career progression for Tellers typically involves scaling experience, leading to higher earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reflected in the upper percentiles. The gap between entry-level and senior roles highlights opportunities for advancement and increased compensation within the Teller career path.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,200 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,025 | $14 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,780 | $18.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $48,375 | $23.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $43,390 | $20.9 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$38,700
Gross Pay
Real Wage (Purchasing Power)
$38,700
Adjusted for COL (100)
The average annual salary of $38,700 in Southeast-Central Idaho 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 comparable to the national standard, suggesting that the nominal salary effectively covers typical living expenses without a significant deficit or surplus relative to the rest of the country.
Job Market Context
230
Total Jobs
2.452
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Southeast-Central Idaho nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.11 signifies that Tellers are slightly more concentrated in Southeast-Central Idaho nonmetropolitan areas than the national average. This suggests a healthy, well-established market for these professionals, indicating that while not oversaturated, there is a consistent and perhaps slightly elevated demand for their services compared to other occupations in the region.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Boise City, ID Tellers Salary | $40,990↑ 6% | 96 mi |
Comparing salaries near Southeast-Central Idaho nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southeast-Central Idaho nonmetropolitan area?
The median annual salary for a Tellers in Southeast-Central Idaho nonmetropolitan area is $38,700. This typically ranges from $35,200 for entry-level positions to $43,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast-Central Idaho nonmetropolitan area is 5.5% lower than the national median of $40,940.
Is Southeast-Central Idaho nonmetropolitan area a lucrative place for Tellers?
No, it is not exceptionally lucrative, but offers comparable purchasing power.The average salary of $38,700 is below the national average, but the cost of living is also at the national average, meaning your earnings will likely go as far as they would elsewhere.
Is Southeast-Central Idaho nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southeast-Central Idaho nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast-Central Idaho nonmetropolitan area?
Some top paying nearby cities include Boise City, ID ($40,990) and others.
How does the Teller salary in Southeast-Central Idaho compare to the national average?
The average Teller salary in Southeast-Central Idaho is $38,700, which is slightly lower than the national average of $40,940.
What is the concentration of Tellers in this region?
The Location Quotient for Tellers in Southeast-Central Idaho is 1.11, indicating a slightly higher concentration than the national average.
Does the cost of living affect the value of a Teller's salary in this area?
No, the cost of living in Southeast-Central Idaho is at the national average (100), meaning the $38,700 salary has standard purchasing power.
How many Tellers are employed in Southeast-Central Idaho?
There are approximately 230 Tellers employed in the Southeast-Central Idaho nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Southeast-Central Idaho nonmetropolitan area area with a job density of 2.452 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 Southeast-Central Idaho nonmetropolitan area