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Average Tellers Salary in Springfield, MO

Tellers in Springfield, Missouri, earn an average annual salary of $36,130. This figure is notably below the national average of $40,940, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation within this specific geographic area.

Executive Summary

  • Average Salary: $36,130 per year.
  • Growth Trend: Salaries have shifted 25.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,200.
  • Outlook: With a local workforce of 850 Tellers and a Location Quotient of 1.75, Springfield, MO, exhibits a higher concentration of these roles than the national average. This indicates a robust local demand and a significant presence of Tellers within the Springfield job market, suggesting a stable environment for employment in this profession.
2024 Market Data

Salary Overview

$36,130

The average Tellers in Springfield, MO earns-11.7%below the national average.

BreakdownBased on 40h/week
Hourly

$17.4

Weekly

$695

Monthly

$3,011

Tellers Salary Distribution in Springfield, MO

Career progression for Tellers in Springfield, MO, is typically marked by increasing salary levels. Entry-level positions may start closer to the lower end of the pay scale, while experienced Tellers with specialized skills or supervisory responsibilities can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,210$14.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$27,098$13
ManagerOversees team, compliance, and project delivery.50% (Median)$35,540$17.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$45,163$21.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$44,200$21.3

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$36,130

Gross Pay

Real Wage (Purchasing Power)

$36,130

Adjusted for COL (100)

The average annual salary of $36,130 for Tellers in Springfield, MO, aligns precisely with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to that of Tellers in other areas at the national average cost of living.

Job Market Context

850

Total Jobs

3.844

Per 1K Jobs

1.75

Location Quotient

Major Hub

Springfield, MO has 1.8x 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.

Springfield, MO, demonstrates a strong concentration of Tellers, as evidenced by a Location Quotient of 1.75. This suggests that the job market for Tellers in this city is more developed and potentially more competitive than the national average, offering more opportunities relative to the overall workforce size.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Joplin, MO-KS Tellers Salary$34,510↓ 4%67 mi
Fayetteville-Springdale-Rogers, AR Tellers Salary$36,120↓ 0%91 mi

Comparing salaries near Springfield, MO

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Springfield, MO?

The median annual salary for a Tellers in Springfield, MO is $36,130. This typically ranges from $30,210 for entry-level positions to $44,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MO is 11.7% lower than the national median of $40,940.

Is Springfield, MO a lucrative place for Tellers?

No, not significantly more lucrative than the national average.While the cost of living is average, the nominal salary for Tellers in Springfield, MO, is below the national average. However, the higher concentration of jobs suggests stable employment opportunities.

Is Springfield, MO a good place to live for Tellers?

The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MO?

Some top paying nearby cities include Joplin, MO-KS ($34,510) and Fayetteville-Springdale-Rogers, AR.

How does the Teller salary in Springfield, MO compare to the national average?

The average annual salary for Tellers in Springfield, MO, is $36,130, which is lower than the national average of $40,940.

What is the Cost of Living in Springfield, MO for Tellers?

The Cost of Living Index in Springfield, MO, is 100, which is exactly at the national average, meaning daily expenses are comparable to the typical US city.

Is there high demand for Tellers in Springfield, MO?

Yes, the Location Quotient of 1.75 indicates a higher concentration of Teller jobs in Springfield, MO, compared to the national average, suggesting strong local demand.

How many Tellers work in Springfield, MO?

There are approximately 850 Tellers employed in Springfield, MO, contributing to a significant portion of the local financial services workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 850 employees in the Springfield, MO area with a job density of 3.844 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Springfield, MO