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Average Tellers Salary in Southeast Oklahoma nonmetropolitan area

Tellers in the Southeast Oklahoma nonmetropolitan area earn an average annual salary of $33,330. This figure is notably lower than the national average of $40,940, a difference often attributed to the unique economic landscape and lower cost of living prevalent in nonmetropolitan regions.

Executive Summary

  • Average Salary: $33,330 per year.
  • Growth Trend: Salaries have shifted 27.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $37,660.
  • Outlook: The job market for Tellers in Southeast Oklahoma is robust, with a total local workforce of 910 individuals. The location quotient of 2.23 indicates a significantly higher concentration of Teller positions compared to the national average, suggesting strong local demand and a stable employment environment for these professionals.
2024 Market Data

Salary Overview

$33,330

The average Tellers in Southeast Oklahoma nonmetropolitan area earns-18.6%below the national average.

BreakdownBased on 40h/week
Hourly

$16

Weekly

$641

Monthly

$2,778

Tellers Salary Distribution in Southeast Oklahoma nonmetropolitan area

Career progression for Tellers typically involves moving from entry-level roles to more experienced or senior positions. While specific salary ranges for different experience levels are not detailed, the existence of percentile gaps in salary distributions generally signifies that Tellers with more years of experience and specialized skills can command higher compensation, reflecting increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,960$13.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$24,998$12
ManagerOversees team, compliance, and project delivery.50% (Median)$34,670$16.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$41,663$20
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$37,660$18.1

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$33,330

Gross Pay

Real Wage (Purchasing Power)

$33,330

Adjusted for COL (100)

The nominal salary of $33,330 in Southeast Oklahoma aligns perfectly with the local Cost of Living index of 100, which is equivalent to the national average. This means that while the absolute salary may be lower than the national average, the purchasing power of a Teller's earnings in this region is comparable to that of their counterparts in higher-cost areas.

Job Market Context

910

Total Jobs

4.911

Per 1K Jobs

2.23

Location Quotient

Major Hub

Southeast Oklahoma nonmetropolitan area has 2.2x 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 2.23, Southeast Oklahoma exhibits a job market for Tellers that is more than twice as concentrated as the national average. This indicates a strong presence and demand for Teller services within the region, making it a potentially favorable market for job seekers specializing in this financial role.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Oklahoma City, OK Tellers Salary$37,760 13%34 mi
Tulsa, OK Tellers Salary$37,680 13%69 mi
Enid, OK Tellers Salary$34,700 4%78 mi

Comparing salaries near Southeast Oklahoma nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Southeast Oklahoma nonmetropolitan area?

The median annual salary for a Tellers in Southeast Oklahoma nonmetropolitan area is $33,330. This typically ranges from $28,960 for entry-level positions to $37,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Oklahoma nonmetropolitan area is 18.6% lower than the national median of $40,940.

Is Southeast Oklahoma nonmetropolitan area a lucrative place for Tellers?

No, but cost-effective.While the average salary of $33,330 is below the national average, the cost of living is also at the national average, making the purchasing power comparable. The high concentration of jobs suggests stability rather than high earning potential.

Is Southeast Oklahoma nonmetropolitan area a good place to live for Tellers?

The Cost of Living Index in Southeast Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southeast Oklahoma nonmetropolitan area?

Some top paying nearby cities include Oklahoma City, OK ($37,760) and Tulsa, OK.

How does the Teller salary in Southeast Oklahoma compare to the national average?

The average annual salary for Tellers in Southeast Oklahoma is $33,330, which is significantly lower than the national average of $40,940.

What does the Location Quotient of 2.23 mean for Tellers in Southeast Oklahoma?

A location quotient of 2.23 signifies that Teller jobs are more than twice as concentrated in Southeast Oklahoma compared to the national average, indicating a higher demand and presence of this profession in the region.

How does the Cost of Living in Southeast Oklahoma affect Teller salaries?

The Cost of Living Index in Southeast Oklahoma is 100, matching the national average. This means that despite a lower nominal salary, the purchasing power for Tellers in this area is equivalent to the national standard.

What is the total number of Tellers employed in Southeast Oklahoma?

There are approximately 910 Tellers employed in the Southeast Oklahoma nonmetropolitan area, representing 4.911 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 910 employees in the Southeast Oklahoma nonmetropolitan area area with a job density of 4.911 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.