Average Tellers Salary in West Delta Mississippi nonmetropolitan area
In the West Delta Mississippi nonmetropolitan area, Tellers earn an average annual salary of $34,010. This figure is notably below the national average of $40,940. Local economic factors and a smaller market size typically influence compensation levels in nonmetropolitan regions, leading to this disparity.
Executive Summary
- Average Salary: $34,010 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $40,230.
- Outlook: The Tellers job market in the West Delta Mississippi nonmetropolitan area, with a total local workforce of 420, shows a significant concentration. The Location Quotient of 2.04 indicates that Tellers are more than twice as prevalent in this region compared to the national average, suggesting a robust local demand for these financial professionals.
Salary Overview
The average Tellers in West Delta Mississippi nonmetropolitan area earns-16.9%below the national average.
$16.4
$654
$2,834
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in West Delta Mississippi is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically drive incremental increases in compensation across most sectors, including banking and finance.
Tellers Salary Distribution in West Delta Mississippi nonmetropolitan area
Career progression for Tellers in West Delta Mississippi is typically marked by increasing salary levels. Entry-level positions may start at the lower end of the pay scale, while experienced Tellers with specialized skills or supervisory responsibilities can command higher salaries. The percentile gaps in earnings signify opportunities for advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,890 | $13.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,508 | $12.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $34,540 | $16.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $42,513 | $20.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $40,230 | $19.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$34,010
Gross Pay
Real Wage (Purchasing Power)
$34,010
Adjusted for COL (100)
The nominal average annual salary of $34,010 in West Delta Mississippi aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, indicating a balanced economic environment for Tellers in this region.
Job Market Context
420
Total Jobs
4.48
Per 1K Jobs
2.04
Location Quotient
West Delta Mississippi nonmetropolitan area has 2.0x 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 2.04, the West Delta Mississippi nonmetropolitan area exhibits a strong concentration of Tellers relative to the national average. This suggests that the job market for Tellers here is more abundant and potentially less competitive than in areas with lower concentration, offering good opportunities for those seeking employment in this role.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Tellers Salary | $36,460↑ 7% | 43 mi |
Comparing salaries near West Delta Mississippi nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in West Delta Mississippi nonmetropolitan area?
The median annual salary for a Tellers in West Delta Mississippi nonmetropolitan area is $34,010. This typically ranges from $28,890 for entry-level positions to $40,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Delta Mississippi nonmetropolitan area is 16.9% lower than the national median of $40,940.
Is West Delta Mississippi nonmetropolitan area a lucrative place for Tellers?
No, it is not considered lucrative compared to national averages.The average Teller salary of $34,010 is significantly lower than the national average of $40,940. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.
Is West Delta Mississippi nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in West Delta Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Delta Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($36,460) and others.
How does the Teller salary in West Delta MS compare to the national average?
The average annual salary for Tellers in West Delta, MS is $34,010, which is lower than the national average of $40,940.
What is the concentration of Tellers in West Delta MS?
The concentration of Tellers in West Delta, MS is high, with a Location Quotient of 2.04, indicating they are more than twice as common as the national average.
How does the cost of living affect the Teller salary in West Delta MS?
The cost of living in West Delta, MS is at the national average (100), meaning the lower nominal salary of $34,010 offers purchasing power equivalent to the national average.
Are there many Teller jobs in West Delta MS?
Yes, the data shows 4.48 Teller jobs per 1,000 workers and a high Location Quotient, suggesting a strong local demand for Tellers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the West Delta Mississippi nonmetropolitan area area with a job density of 4.48 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 West Delta Mississippi nonmetropolitan area