Average Tellers Salary in Southwest Louisiana nonmetropolitan area
Tellers in the Southwest Louisiana nonmetropolitan area earn an average annual salary of $31,730. This figure is notably below the national average of $40,940. The localized economic conditions and specific demand within this region contribute to this pay differential, reflecting a distinct labor market dynamic compared to national trends.
Executive Summary
- Average Salary: $31,730 per year.
- Growth Trend: Salaries have shifted 31.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $37,870.
- Outlook: With a total local workforce of 220 Tellers, the job market in Southwest Louisiana nonmetropolitan area presents a moderate presence. The Location Quotient of 1.24 indicates a slightly higher concentration of Tellers compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for these financial service professionals within the region.
Salary Overview
The average Tellers in Southwest Louisiana nonmetropolitan area earns-22.5%below the national average.
$15.3
$610
$2,644
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in nonmetropolitan areas like Southwest Louisiana have experienced modest growth over the past four years, mirroring broader economic trends. This growth is typically driven by inflation, increased demand for financial services, and the need for institutions to remain competitive in attracting and retaining qualified staff.
Tellers Salary Distribution in Southwest Louisiana nonmetropolitan area
Career progression for Tellers in Southwest Louisiana nonmetropolitan area typically involves a salary increase with 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 earnings signify clear opportunities for advancement and increased earning potential within the role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $24,130 | $11.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $23,798 | $11.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $30,300 | $14.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $39,663 | $19.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $37,870 | $18.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$31,730
Gross Pay
Real Wage (Purchasing Power)
$31,730
Adjusted for COL (100)
The nominal average annual salary of $31,730 in Southwest Louisiana nonmetropolitan area aligns directly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is comparable to the national standard, indicating a balanced economic environment for residents.
Job Market Context
220
Total Jobs
2.732
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Southwest Louisiana nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.24 for Tellers in Southwest Louisiana nonmetropolitan area suggests a job market that is slightly more concentrated than the national average. This indicates a healthy demand and a slightly more abundant supply of Teller positions relative to the general workforce, making it a moderately competitive market for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Tellers Salary | $34,950↑ 10% | 37 mi |
| Baton Rouge, LA Tellers Salary | $37,110↑ 17% | 67 mi |
| Lafayette, LA Tellers Salary | $34,700↑ 9% | 67 mi |
| Monroe, LA Tellers Salary | $33,950↑ 7% | 94 mi |
| Hammond, LA Tellers Salary | $36,060↑ 14% | 95 mi |
Comparing salaries near Southwest Louisiana nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southwest Louisiana nonmetropolitan area?
The median annual salary for a Tellers in Southwest Louisiana nonmetropolitan area is $31,730. This typically ranges from $24,130 for entry-level positions to $37,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Louisiana nonmetropolitan area is 22.5% lower than the national median of $40,940.
Is Southwest Louisiana nonmetropolitan area a lucrative place for Tellers?
No, it is not considered a lucrative place for Tellers.The average salary of $31,730 is significantly lower than the national average, despite a cost of living that matches the national index.
Is Southwest Louisiana nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southwest Louisiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Louisiana nonmetropolitan area?
Some top paying nearby cities include Alexandria, LA ($34,950) and Baton Rouge, LA.
How does the Teller salary in Southwest Louisiana compare to the national average?
The average annual salary for Tellers in Southwest Louisiana nonmetropolitan area is $31,730, which is substantially lower than the national average of $40,940.
What is the concentration of Tellers in Southwest Louisiana nonmetropolitan area?
The Location Quotient is 1.24, indicating that Tellers are slightly more concentrated in this region compared to the national average.
How does the cost of living affect the Teller salary in this region?
With a Cost of Living Index of 100, the local cost of living is at the national average, meaning the $31,730 salary has average purchasing power.
What does the number of Tellers per 1,000 workers suggest?
There are 2.732 Tellers per 1,000 workers, which signifies the relative prevalence of this occupation within the local labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Southwest Louisiana nonmetropolitan area area with a job density of 2.732 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 Southwest Louisiana nonmetropolitan area