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Average Tellers Salary in Southwest Missouri nonmetropolitan area

Tellers in the Southwest Missouri nonmetropolitan area earn an average annual salary of $33,090. This figure is notably below the national average of $40,940, reflecting the economic landscape and specific demand drivers within this region. Factors such as local economic conditions and the concentration of financial institutions contribute to this localized pay scale.

Executive Summary

  • Average Salary: $33,090 per year.
  • Growth Trend: Salaries have shifted 12.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $36,180.
  • Outlook: With a total local workforce of 400 Tellers, the market in Southwest Missouri nonmetropolitan area presents a stable, albeit niche, employment environment. The Location Quotient of 2.27 indicates a significantly higher concentration of Teller positions compared to the national average, suggesting a robust local demand for these roles relative to the general workforce.
2024 Market Data

Salary Overview

$33,090

The average Tellers in Southwest Missouri nonmetropolitan area earns-19.2%below the national average.

BreakdownBased on 40h/week
Hourly

$15.9

Weekly

$636

Monthly

$2,758

Tellers Salary Distribution in Southwest Missouri nonmetropolitan area

Career progression for Tellers in Southwest Missouri nonmetropolitan area typically involves moving from entry-level positions to more experienced or senior roles. While specific salary percentiles are not detailed, the gap between starting salaries and those earned by seasoned professionals generally widens with experience, reflecting increased responsibilities and acquired skills. This progression signifies a clear career ladder within the local banking sector.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,020$14
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$24,818$11.9
ManagerOversees team, compliance, and project delivery.50% (Median)$33,650$16.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$41,363$19.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$36,180$17.4

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$33,090

Gross Pay

Real Wage (Purchasing Power)

$33,090

Adjusted for COL (100)

The nominal average annual salary of $33,090 in Southwest Missouri nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is equivalent to the national average, suggesting a balanced economic environment for residents.

Job Market Context

400

Total Jobs

5.006

Per 1K Jobs

2.27

Location Quotient

Major Hub

Southwest Missouri nonmetropolitan area has 2.3x 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.

The Location Quotient of 2.27 for Tellers in Southwest Missouri nonmetropolitan area is a strong indicator of a concentrated job market. This suggests that Teller positions are more prevalent here than in many other areas across the nation, implying a competitive landscape for job seekers but also a steady availability of opportunities within the local financial services industry.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Jefferson City, MO Tellers Salary$36,360 10%10 mi
Columbia, MO Tellers Salary$36,160 9%34 mi

Comparing salaries near Southwest Missouri nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Southwest Missouri nonmetropolitan area?

The median annual salary for a Tellers in Southwest Missouri nonmetropolitan area is $33,090. This typically ranges from $29,020 for entry-level positions to $36,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Missouri nonmetropolitan area is 19.2% lower than the national median of $40,940.

Is Southwest Missouri nonmetropolitan area a lucrative place for Tellerss?

No, it is not a lucrative place for Tellers.The average salary of $33,090 is significantly lower than the national average. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power.

Is Southwest Missouri nonmetropolitan area a good place to live for Tellers?

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

Where are the highest paying cities near Southwest Missouri nonmetropolitan area?

Some top paying nearby cities include Jefferson City, MO ($36,360) and Columbia, MO.

How does the Teller job market compare nationally in Southwest Missouri?

The Teller job market in Southwest Missouri nonmetropolitan area is more concentrated than the national average, with a Location Quotient of 2.27, indicating a higher prevalence of these roles locally.

What is the average salary for a Teller in Southwest Missouri nonmetropolitan area?

The average annual salary for a Teller in Southwest Missouri nonmetropolitan area is $33,090.

How does the cost of living in Southwest Missouri nonmetropolitan area affect salary perception?

With a Cost of Living Index of 100, the local salary of $33,090 has the same purchasing power as the national average salary, making it relatively stable despite being lower than the national average.

Are there many Teller jobs in Southwest Missouri nonmetropolitan area?

Yes, the concentration of Teller jobs is more than double the national average, with 5.006 jobs per 1,000 workers, suggesting a strong local demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Southwest Missouri nonmetropolitan area area with a job density of 5.006 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.