SalaryNode

Average Tellers Salary in St. Cloud, MN

In St. Cloud, Minnesota, Tellers earn an average annual salary of $40,940. This figure aligns precisely with the national average, indicating a stable compensation landscape for this role within the city. Local economic factors and the specific demand within St. Cloud's financial sector likely contribute to this parity.

Executive Summary

  • Average Salary: $40,940 per year.
  • Growth Trend: Salaries have shifted 30.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,560.
  • Outlook: St. Cloud, MN supports a local workforce of 310 Tellers, with 2.945 jobs per 1,000 workers. The Location Quotient of 1.34 suggests a higher concentration of Tellers in St. Cloud compared to the national average, pointing towards a robust and potentially growing demand for these professionals within the local job market.
2024 Market Data

Salary Overview

$40,940

The average Tellers in St. Cloud, MN earns-0.0%below the national average.

BreakdownBased on 40h/week
Hourly

$19.7

Weekly

$787

Monthly

$3,412

Tellers Salary Distribution in St. Cloud, MN

The salary progression for Tellers in St. Cloud, as in most markets, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,930$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,705$14.8
ManagerOversees team, compliance, and project delivery.50% (Median)$38,620$18.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,175$24.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,560$22.9

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$40,940

Gross Pay

Real Wage (Purchasing Power)

$40,940

Adjusted for COL (100)

A nominal salary of $40,940 in St. Cloud, MN, is well-positioned due to the local Cost of Living Index being exactly at the national average of 100. This means that the purchasing power of a Teller's salary in St. Cloud is equivalent to the national average, allowing for a comparable standard of living without significant financial adjustment.

Job Market Context

310

Total Jobs

2.945

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, St. Cloud, MN has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

With a Location Quotient of 1.34, St. Cloud, MN, demonstrates a concentration of Teller positions that is 34% higher than the national average. This indicates a relatively strong demand and a more abundant job market for Tellers in this specific metropolitan area compared to other regions across the country.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Northwest Minnesota nonmetropolitan area Tellers Salary$40,110↓ 2%17 mi
Southeast Minnesota nonmetropolitan area Tellers Salary$41,200↑ 1%17 mi
Southwest Minnesota nonmetropolitan area Tellers Salary$40,020↓ 2%17 mi
Northeast Minnesota nonmetropolitan area Tellers Salary$40,360↓ 1%17 mi
Minneapolis-St. Paul-Bloomington, MN-WI Tellers Salary$43,000↑ 5%59 mi

Comparing salaries near St. Cloud, MN

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in St. Cloud, MN?

The median annual salary for a Tellers in St. Cloud, MN is $40,940. This typically ranges from $35,930 for entry-level positions to $47,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Cloud, MN is 0.0% lower than the national median of $40,940.

Is St. Cloud, MN a lucrative place for Tellers?

Yes, St. Cloud, MN offers a stable and slightly concentrated market for Tellers.The average salary matches the national average, and the higher Location Quotient suggests a stronger local demand for Teller positions.

Is St. Cloud, MN a good place to live for Tellers?

The Cost of Living Index in St. Cloud, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Cloud, MN?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($40,110) and Southeast Minnesota nonmetropolitan area.

What is the average salary for a Teller in St. Cloud, MN?

The average annual salary for a Teller in St. Cloud, MN is $40,940.

How does St. Cloud's cost of living compare to the national average?

St. Cloud, MN has a Cost of Living Index of 100, which is exactly the national average.

Is there high demand for Tellers in St. Cloud, MN?

Yes, the Location Quotient of 1.34 indicates a higher concentration of Teller jobs in St. Cloud compared to the national average, suggesting strong local demand.

How many Tellers work in St. Cloud, MN?

There are approximately 310 Tellers employed in the St. Cloud, MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the St. Cloud, MN area with a job density of 2.945 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 St. Cloud, MN