Average Tellers Salary in Southeast Missouri nonmetropolitan area
Tellers in the Southeast Missouri nonmetropolitan area earn an average annual salary of $33,810. This figure is notably below the national average of $40,940, reflecting the economic landscape and specific demand drivers within this region. Localized economic factors and industry concentration significantly influence compensation levels for these essential financial service professionals.
Executive Summary
- Average Salary: $33,810 per year.
- Growth Trend: Salaries have shifted 25.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $42,250.
- Outlook: The job market for Tellers in Southeast Missouri nonmetropolitan area appears robust, with a total local workforce of 860 individuals. The Location Quotient of 2.39 indicates a significantly higher concentration of Teller positions relative to the national average, suggesting strong local demand and a specialized need for these roles within the community's economic structure.
Salary Overview
The average Tellers in Southeast Missouri nonmetropolitan area earns-17.4%below the national average.
$16.3
$650
$2,818
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Teller salaries in the Southeast Missouri nonmetropolitan area have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory, though potentially modest, would reflect an ongoing adjustment to labor market conditions and the increasing value placed on customer-facing financial roles.
Tellers Salary Distribution in Southeast Missouri nonmetropolitan area
Career progression for Tellers typically involves a salary increase with accumulated experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command higher salaries. The percentile gaps in salary distribution signify the opportunities for advancement and increased earning potential as Tellers develop their expertise and take on more responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,420 | $14.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,358 | $12.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $31,470 | $15.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $42,263 | $20.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $42,250 | $20.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$33,810
Gross Pay
Real Wage (Purchasing Power)
$33,810
Adjusted for COL (100)
The nominal salary of $33,810 in the Southeast Missouri nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the absolute salary is lower than the national average, the purchasing power of that income is comparable to the national standard, making the region's cost of living a neutral factor in assessing the real value of the salary.
Job Market Context
860
Total Jobs
5.253
Per 1K Jobs
2.39
Location Quotient
Southeast Missouri nonmetropolitan area has 2.4x 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 2.39, the Southeast Missouri nonmetropolitan area exhibits a significantly higher concentration of Teller jobs compared to the national average. This suggests that the job market is relatively abundant with opportunities for Tellers, and the demand for these professionals is more pronounced in this region than in many others across the country, potentially leading to greater job security and specialized career paths.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Tellers Salary | $36,360↑ 8% | 10 mi |
| Columbia, MO Tellers Salary | $36,160↑ 7% | 34 mi |
Comparing salaries near Southeast Missouri nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southeast Missouri nonmetropolitan area?
The median annual salary for a Tellers in Southeast Missouri nonmetropolitan area is $33,810. This typically ranges from $29,420 for entry-level positions to $42,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Missouri nonmetropolitan area is 17.4% lower than the national median of $40,940.
Is Southeast Missouri nonmetropolitan area a lucrative place for Tellers?
No, not compared to the national average.While the cost of living is average, the average Teller salary of $33,810 is substantially lower than the national average of $40,940. The high concentration of jobs suggests strong local demand, but not necessarily higher pay.
Is Southeast Missouri nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southeast Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Missouri nonmetropolitan area?
Some top paying nearby cities include Jefferson City, MO ($36,360) and Columbia, MO.
How does the Teller salary in Southeast Missouri compare to the national average?
The average annual salary for Tellers in Southeast Missouri nonmetropolitan area is $33,810, which is considerably lower than the national average of $40,940.
What does the Location Quotient of 2.39 mean for Teller jobs?
A Location Quotient of 2.39 signifies that Teller positions are more than twice as concentrated in Southeast Missouri nonmetropolitan area compared to the national average, indicating a strong local demand for these roles.
How does the cost of living affect the Teller salary in this region?
The cost of living in Southeast Missouri nonmetropolitan area is at the national average (100), meaning the lower nominal salary of $33,810 has a purchasing power equivalent to the national average, offsetting the lower pay to some extent.
Are there many Teller jobs available in Southeast Missouri nonmetropolitan area?
Yes, with 5.253 jobs per 1,000 workers and a Location Quotient of 2.39, the market shows a significant concentration and demand for Teller positions within the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 860 employees in the Southeast Missouri nonmetropolitan area area with a job density of 5.253 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 Missouri nonmetropolitan area