SalaryNode

Average Tellers Salary in St. Louis, MO-IL

Tellers in St. Louis, MO-IL earn an average annual salary of $38,720, which is slightly below the national average of $40,940. This localized pay rate is influenced by a variety of factors specific to the St. Louis metropolitan area's economic landscape and demand for financial services professionals. Understanding these regional dynamics is key to assessing career opportunities.

Executive Summary

  • Average Salary: $38,720 per year.
  • Growth Trend: Salaries have shifted 22.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,910.
  • Outlook: The St. Louis, MO-IL market supports a substantial workforce of 3,230 Tellers. With a Location Quotient of 1.1, the concentration of Tellers in this region is slightly higher than the national average, indicating a stable and potentially growing demand for these roles within the local economy. The presence of 2.411 Tellers per 1,000 workers further underscores the established presence of this profession.
2024 Market Data

Salary Overview

$38,720

The average Tellers in St. Louis, MO-IL earns-5.4%below the national average.

BreakdownBased on 40h/week
Hourly

$18.6

Weekly

$745

Monthly

$3,227

Tellers Salary Distribution in St. Louis, MO-IL

Career progression for Tellers in St. Louis typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles reflects the value placed on accumulated knowledge and customer service expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,330$14.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,040$14
ManagerOversees team, compliance, and project delivery.50% (Median)$37,540$18
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,400$23.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,910$22.6

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$38,720

Gross Pay

Real Wage (Purchasing Power)

$38,720

Adjusted for COL (100)

The average annual salary of $38,720 in St. Louis, MO-IL aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in St. Louis is neither significantly higher nor lower than the typical American city.

Job Market Context

3,230

Total Jobs

2.411

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, St. Louis, MO-IL has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

A Location Quotient of 1.1 for Tellers in St. Louis, MO-IL signifies a job market where this profession is slightly more concentrated than the national average. This suggests a healthy demand for Tellers, potentially offering more opportunities or a slightly more competitive landscape compared to areas with a lower quotient, as the local economy has a greater reliance on these financial service roles.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Springfield, IL Tellers Salary$38,210↓ 1%84 mi
Cape Girardeau, MO-IL Tellers Salary$34,660↓ 10%97 mi

Comparing salaries near St. Louis, MO-IL

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in St. Louis, MO-IL?

The median annual salary for a Tellers in St. Louis, MO-IL is $38,720. This typically ranges from $30,330 for entry-level positions to $46,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Louis, MO-IL is 5.4% lower than the national median of $40,940.

Is St. Louis, MO-IL a lucrative place for Tellers?

Moderately so, with average pay aligning with the cost of living.Tellers in St. Louis earn an average of $38,720, which is on par with the national average cost of living. While not exceptionally high, this salary offers standard purchasing power within the region.

Is St. Louis, MO-IL a good place to live for Tellers?

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

Where are the highest paying cities near St. Louis, MO-IL?

Some top paying nearby cities include Springfield, IL ($38,210) and Cape Girardeau, MO-IL.

How does the St. Louis Tellers salary compare to the national average?

The average Tellers salary in St. Louis, MO-IL is $38,720, which is approximately 5.4% lower than the national average of $40,940.

What is the concentration of Tellers in St. Louis compared to the rest of the US?

St. Louis has a slightly higher concentration of Tellers, indicated by a Location Quotient of 1.1, meaning there are more Tellers per worker in St. Louis than the national average.

Does the cost of living in St. Louis affect the Tellers salary?

The cost of living in St. Louis is at the national average (100), meaning the $38,720 salary provides purchasing power equivalent to the national average.

How many Tellers are employed in St. Louis, MO-IL?

There are approximately 3,230 Tellers employed in the St. Louis, MO-IL metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,230 employees in the St. Louis, MO-IL area with a job density of 2.411 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. Louis, MO-IL