Average Tellers Salary in West Montana nonmetropolitan area
In the West Montana nonmetropolitan area, Tellers earn an average annual salary of $38,150. This figure is slightly below the national average of $40,940, a common trend in nonmetropolitan regions where cost structures and market dynamics can influence compensation. The specific economic landscape of West Montana shapes the earning potential for these essential financial service professionals.
Executive Summary
- Average Salary: $38,150 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $43,210.
- Outlook: The Tellers job market in the West Montana nonmetropolitan area, with a total local workforce of 330, indicates a stable presence. The Location Quotient of 1.8 suggests that Tellers are more concentrated in this region than the national average, implying a consistent demand for these roles within the local economy.
Salary Overview
The average Tellers in West Montana nonmetropolitan area earns-6.8%below the national average.
$18.3
$734
$3,179
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in West Montana is not provided, it is generally assumed that salaries in this sector have experienced modest growth over the past four years, mirroring national trends. This growth is typically driven by inflation, evolving job responsibilities, and the need to attract and retain qualified personnel in the financial services industry.
Tellers Salary Distribution in West Montana nonmetropolitan area
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data isn't available, the gap between starting salaries and those earned by experienced Tellers in West Montana would 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) | $34,070 | $16.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,613 | $13.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,830 | $18.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,688 | $22.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $43,210 | $20.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$38,150
Gross Pay
Real Wage (Purchasing Power)
$38,150
Adjusted for COL (100)
With an average annual salary of $38,150 and a Cost of Living Index of 100 (matching the national average), the nominal income for Tellers in West Montana holds purchasing power equivalent to the national standard. This means that while the salary is below the national average, the cost of essential goods and services is also at the national benchmark, offering a balanced financial outlook.
Job Market Context
330
Total Jobs
3.959
Per 1K Jobs
1.8
Location Quotient
West Montana nonmetropolitan area 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.
The Location Quotient of 1.8 for Tellers in West Montana signifies a notable concentration of these professionals compared to the national average. This suggests that the job market here is relatively robust and potentially competitive, with a higher proportion of Tellers employed locally than might be expected elsewhere, indicating a steady demand for their services.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Great Falls, MT Tellers Salary | $37,460↓ 2% | 56 mi |
| Helena, MT Tellers Salary | $38,610↑ 1% | 77 mi |
| Bozeman, MT Tellers Salary | $42,100↑ 10% | 90 mi |
Comparing salaries near West Montana nonmetropolitan area
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Frequently Asked Questions
How much does a Tellers make in West Montana nonmetropolitan area?
The median annual salary for a Tellers in West Montana nonmetropolitan area is $38,150. This typically ranges from $34,070 for entry-level positions to $43,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Montana nonmetropolitan area is 6.8% lower than the national median of $40,940.
Is West Montana nonmetropolitan area a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.Tellers in West Montana earn $38,150 annually, which is below the national average of $40,940. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is West Montana nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in West Montana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Montana nonmetropolitan area?
Some top paying nearby cities include Great Falls, MT ($37,460) and Helena, MT.
How does the number of Tellers in West Montana compare nationally?
With 3.959 jobs per 1,000 workers, the density of Tellers in West Montana is higher than the national average, as indicated by the Location Quotient of 1.8.
What is the total number of Tellers in West Montana?
There are approximately 330 Tellers employed in the West Montana nonmetropolitan area.
Does experience impact a Teller's salary in West Montana?
Yes, typically, as Tellers gain experience and move into senior roles, their salaries increase, reflecting greater responsibility and skill.
How does the cost of living in West Montana affect Teller salaries?
The cost of living in West Montana is at the national average (100), meaning the $38,150 salary has a purchasing power equivalent to the national average, despite being nominally lower.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the West Montana nonmetropolitan area area with a job density of 3.959 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 Montana nonmetropolitan area