Average Tellers Salary in Southwest Oklahoma nonmetropolitan area
In the Southwest Oklahoma nonmetropolitan area, Tellers can expect an average annual salary of $31,060. This figure is notably lower than the national average of $40,940, a disparity often attributed to the unique economic landscape and lower cost of doing business prevalent in nonmetropolitan regions.
Executive Summary
- Average Salary: $31,060 per year.
- Growth Trend: Salaries have shifted 21.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $37,690.
- Outlook: The local job market for Tellers in Southwest Oklahoma appears robust, with a total workforce of 450 individuals. The Location Quotient of 3.3 significantly exceeds the national average, indicating a higher concentration of Teller positions relative to the general workforce in this region, suggesting consistent demand.
Salary Overview
The average Tellers in Southwest Oklahoma nonmetropolitan area earns-24.1%below the national average.
$14.9
$597
$2,588
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in Southwest Oklahoma have experienced gradual growth over the past four years, mirroring general economic trends and inflation adjustments seen across the nation. This suggests a stable, albeit potentially modest, upward trajectory for compensation in this role.
Tellers Salary Distribution in Southwest Oklahoma nonmetropolitan area
Career progression for Tellers in Southwest Oklahoma typically involves salary increases with accumulated experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command higher salaries, with percentile gaps illustrating these advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $23,520 | $11.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $23,295 | $11.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $29,660 | $14.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $38,825 | $18.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $37,690 | $18.1 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$31,060
Gross Pay
Real Wage (Purchasing Power)
$31,060
Adjusted for COL (100)
The nominal average annual salary of $31,060 in Southwest Oklahoma aligns perfectly 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 salary locally is equivalent to the national average, making it a balanced financial proposition.
Job Market Context
450
Total Jobs
7.273
Per 1K Jobs
3.3
Location Quotient
Southwest Oklahoma nonmetropolitan area has 3.3x 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.
With a Location Quotient of 3.3, Southwest Oklahoma exhibits a significantly higher concentration of Teller jobs compared to the national average. This suggests that the job market is relatively abundant for Tellers in this area, potentially indicating less intense competition for available positions and a strong local demand for these services.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Tellers Salary | $37,760↑ 22% | 34 mi |
| Tulsa, OK Tellers Salary | $37,680↑ 21% | 69 mi |
| Enid, OK Tellers Salary | $34,700↑ 12% | 78 mi |
Comparing salaries near Southwest Oklahoma nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southwest Oklahoma nonmetropolitan area?
The median annual salary for a Tellers in Southwest Oklahoma nonmetropolitan area is $31,060. This typically ranges from $23,520 for entry-level positions to $37,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Oklahoma nonmetropolitan area is 24.1% lower than the national median of $40,940.
Is Southwest Oklahoma nonmetropolitan area a lucrative place for Tellers?
No, it is not considered lucrative compared to national averages.While the cost of living is average, the average Teller salary of $31,060 is substantially below the national average of $40,940, indicating lower earning potential in this specific role and region.
Is Southwest Oklahoma nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southwest Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Oklahoma nonmetropolitan area?
Some top paying nearby cities include Oklahoma City, OK ($37,760) and Tulsa, OK.
How does the local Teller workforce compare to the national average?
The local workforce of 450 Tellers is concentrated in Southwest Oklahoma, with a Location Quotient of 3.3, indicating a significantly higher presence of this profession relative to the national average.
What is the job outlook for Tellers in Southwest Oklahoma?
The outlook appears positive due to the high Location Quotient, suggesting a strong local demand for Tellers that outpaces the national average concentration.
Does experience impact Teller salaries in this region?
Yes, like most roles, experience is expected to increase Teller salaries, with senior positions offering higher compensation than entry-level roles.
How does the cost of living affect the $31,060 salary?
The cost of living in Southwest Oklahoma is at the national average (100), meaning the $31,060 salary offers purchasing power equivalent to the national average, despite being a lower nominal figure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Southwest Oklahoma nonmetropolitan area area with a job density of 7.273 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 Oklahoma nonmetropolitan area