Average Tellers Salary in Wichita, KS
Tellers in Wichita, Kansas, earn an average annual salary of $35,610. This figure is notably below the national average of $40,940, suggesting that local market dynamics and potentially a lower cost of living contribute to this compensation difference. Understanding these local factors is crucial for Tellers evaluating their earning potential in the Wichita area.
Executive Summary
- Average Salary: $35,610 per year.
- Growth Trend: Salaries have shifted 26.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $43,270.
- Outlook: Wichita's Teller job market shows a healthy concentration, indicated by a Location Quotient of 1.43, which is 43% higher than the national average. With a local workforce of 970 Tellers, this suggests a robust demand and a significant presence of these roles within the city's employment landscape, making it a potentially stable career path.
Salary Overview
The average Tellers in Wichita, KS earns-13.0%below the national average.
$17.1
$685
$2,968
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in Wichita, as in most markets, have experienced gradual growth over the past four years. Economic factors, inflation, and evolving banking needs likely contribute to a modest upward trend in compensation for these essential financial service professionals.
Tellers Salary Distribution in Wichita, KS
Career progression for Tellers in Wichita 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 salaries significantly higher than the average. The gap between entry-level and senior roles reflects the value of accumulated knowledge and client relationship management.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,500 | $13.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,708 | $12.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,870 | $17.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $44,513 | $21.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $43,270 | $20.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$35,610
Gross Pay
Real Wage (Purchasing Power)
$35,610
Adjusted for COL (100)
The average annual salary for Tellers in Wichita, KS, stands at $35,610. This nominal income aligns precisely with the national average Cost of Living Index of 100, indicating that the purchasing power of a Teller's salary in Wichita is comparable to the national average. This means that while the salary is lower than the national average, the cost of living does not necessitate a higher wage to maintain a similar standard of living.
Job Market Context
970
Total Jobs
3.148
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Wichita, KS has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
Wichita's Location Quotient of 1.43 signifies a higher concentration of Tellers compared to the national average. This suggests that the job market in Wichita is relatively more abundant in Teller positions, potentially indicating stronger local demand or a larger pool of available talent. For job seekers, this could mean more opportunities, while for employers, it might suggest a competitive hiring environment.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Kansas nonmetropolitan area Tellers Salary | $33,410↓ 6% | 67 mi |
| Enid, OK Tellers Salary | $34,700↓ 3% | 93 mi |
Comparing salaries near Wichita, KS
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Wichita, KS?
The median annual salary for a Tellers in Wichita, KS is $35,610. This typically ranges from $28,500 for entry-level positions to $43,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wichita, KS is 13.0% lower than the national median of $40,940.
Is Wichita, KS a lucrative place for Tellers?
No, not significantly more lucrative than the national average.While the cost of living is average, the average Teller salary in Wichita ($35,610) is below the national average ($40,940), indicating less lucrative earning potential compared to the broader US market.
Is Wichita, KS a good place to live for Tellers?
The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wichita, KS?
Some top paying nearby cities include Kansas nonmetropolitan area ($33,410) and Enid, OK.
How does Wichita's Teller salary compare to the national average?
The average Teller salary in Wichita, KS is $35,610, which is lower than the national average of $40,940.
What is the concentration of Tellers in Wichita, KS?
Wichita has a higher concentration of Tellers than the national average, with a Location Quotient of 1.43, indicating 43% more Tellers per worker than the national average.
How does the cost of living in Wichita affect Teller salaries?
Wichita's Cost of Living Index is 100, which is the national average. This means the lower salary of $35,610 for Tellers has a purchasing power equivalent to the national average, despite being below the national salary average.
What does the total local workforce number mean for Tellers in Wichita?
With a total local workforce of 970 Tellers, Wichita demonstrates a substantial presence of this profession, suggesting a stable job market for individuals in this role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 970 employees in the Wichita, KS area with a job density of 3.148 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Tellers Salaries by State
Top Jobs in Wichita, KS
- All Occupations Salary in Wichita, KS
- Office and Administrative Support Occupations Salary in Wichita, KS
- Production Occupations Salary in Wichita, KS
- Food Preparation and Serving Related Occupations Salary in Wichita, KS
- Sales and Related Occupations Salary in Wichita, KS
- Transportation and Material Moving Occupations Salary in Wichita, KS
- Healthcare Practitioners and Technical Occupations Salary in Wichita, KS
- Business and Financial Operations Occupations Salary in Wichita, KS
- Educational Instruction and Library Occupations Salary in Wichita, KS
- Management Occupations Salary in Wichita, KS
- Browse All Jobs in Wichita, KS →
Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Wichita, KS