SalaryNode

Average Tellers Salary in Topeka, KS

Tellers in Topeka, Kansas, earn an average annual salary of $35,190. This figure is notably lower than the national average of $40,940, suggesting that local economic factors and the specific demand within Topeka influence compensation levels for this role. The cost of living in Topeka aligns perfectly with the national average, meaning the nominal salary's purchasing power is standard.

Executive Summary

  • Average Salary: $35,190 per year.
  • Growth Trend: Salaries have shifted 21.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,250.
  • Outlook: The Teller job market in Topeka, KS, shows a moderate level of concentration, indicated by a Location Quotient of 1.42, which is 42% higher than the national average. With a local workforce of 350 Tellers and 3.13 jobs per 1,000 workers, the demand appears stable, suggesting a consistent need for these financial service professionals within the community.
2024 Market Data

Salary Overview

$35,190

The average Tellers in Topeka, KS earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$16.9

Weekly

$677

Monthly

$2,933

Tellers Salary Distribution in Topeka, KS

As Tellers gain experience, their earning potential typically increases. Entry-level positions will command salaries at the lower end of the spectrum, while senior Tellers with extensive knowledge of financial products, customer service expertise, and potentially supervisory duties can expect significantly higher compensation. The percentile gaps in salary distribution reflect these opportunities for career progression and increased earning capacity.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,720$13.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$26,393$12.7
ManagerOversees team, compliance, and project delivery.50% (Median)$35,470$17.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$43,988$21.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$44,250$21.3

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$35,190

Gross Pay

Real Wage (Purchasing Power)

$35,190

Adjusted for COL (100)

With a Cost of Living Index of 100, Topeka, KS, offers a cost of living that is precisely at the national average. This means that the average annual salary of $35,190 for Tellers in Topeka provides a standard level of purchasing power, neither significantly enhanced nor diminished by local expenses when compared to the national benchmark.

Job Market Context

350

Total Jobs

3.13

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, Topeka, KS has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.42 signifies that Tellers are more concentrated in Topeka, KS, than the national average. This suggests a potentially competitive market for job seekers, but also indicates a robust demand for these services within the local economy, as the presence of Tellers is 42% higher relative to the national workforce distribution.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near Topeka, KS

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Topeka, KS?

The median annual salary for a Tellers in Topeka, KS is $35,190. This typically ranges from $28,720 for entry-level positions to $44,250 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Topeka, KS is 14.0% lower than the national median of $40,940.

Is Topeka, KS a lucrative place for Tellers?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average Teller salary of $35,190 is below the national average of $40,940, indicating less lucrative compensation in Topeka.

Is Topeka, KS a good place to live for Tellers?

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

Where are the highest paying cities near Topeka, KS?

Some top paying nearby cities include Lawrence, KS ($35,930) and Manhattan, KS.

How does Topeka's Teller salary compare to the national average?

The average annual salary for Tellers in Topeka, KS, is $35,190, which is lower than the national average of $40,940.

What is the Cost of Living in Topeka, KS?

Topeka, KS, has a Cost of Living Index of 100, which is exactly the national average, meaning the general cost of goods and services is standard.

Is there high demand for Tellers in Topeka?

With a Location Quotient of 1.42, Tellers are more concentrated in Topeka than the national average, suggesting a solid demand for their services within the local job market.

How many Tellers work in Topeka, KS?

There are approximately 350 Tellers employed in Topeka, KS, representing 3.13 jobs per 1,000 workers in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Topeka, KS area with a job density of 3.13 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.