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Average Tellers Salary in Abilene, TX

Tellers in Abilene, TX earn an average annual salary of $35,020, which is notably below the national average of $40,940. This disparity is often influenced by regional economic factors, the specific demand within the local banking sector, and the overall cost of living in the area.

Executive Summary

  • Average Salary: $35,020 per year.
  • Growth Trend: Salaries have shifted 35.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $43,420.
  • Outlook: With a total local workforce of 230 Tellers and a Location Quotient of 1.41, Abilene, TX demonstrates a concentration of these roles above the national average. This suggests a relatively robust demand for Tellers within the local job market, indicating a stable employment landscape for professionals in this field.
2024 Market Data

Salary Overview

$35,020

The average Tellers in Abilene, TX earns-14.5%below the national average.

BreakdownBased on 40h/week
Hourly

$16.8

Weekly

$673

Monthly

$2,918

Tellers Salary Distribution in Abilene, TX

The salary range for Tellers in Abilene, TX likely shows significant variation based on experience. Entry-level positions typically start at the lower end, while senior Tellers with extensive experience and specialized skills can command higher salaries. The percentile gaps in earnings reflect the career progression and increased responsibilities associated with advancing in this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,980$13.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$26,265$12.6
ManagerOversees team, compliance, and project delivery.50% (Median)$35,080$16.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$43,775$21
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$43,420$20.9

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$35,020

Gross Pay

Real Wage (Purchasing Power)

$35,020

Adjusted for COL (100)

The average annual salary of $35,020 in Abilene, TX aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is on par with the national standard, offering a balanced financial outlook for Tellers residing in the area.

Job Market Context

230

Total Jobs

3.092

Per 1K Jobs

1.41

Location Quotient

Above Average

With a location quotient of 1.41, Abilene, TX has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.41 for Tellers in Abilene, TX indicates a higher concentration of these jobs compared to the national average. This suggests that the job market for Tellers in Abilene is more robust and potentially more competitive than in other regions, with a greater availability of opportunities relative to the overall workforce.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
San Angelo, TX Tellers Salary$34,320↓ 2%81 mi

Comparing salaries near Abilene, TX

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Abilene, TX?

The median annual salary for a Tellers in Abilene, TX is $35,020. This typically ranges from $28,980 for entry-level positions to $43,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Abilene, TX is 14.5% lower than the national median of $40,940.

Is Abilene, TX a lucrative place for Tellers?

No, not exceptionally lucrative compared to the national average.The average salary of $35,020 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable.

Is Abilene, TX a good place to live for Tellers?

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

Where are the highest paying cities near Abilene, TX?

Some top paying nearby cities include San Angelo, TX ($34,320) and others.

How does Abilene, TX compare to the national average salary for Tellers?

Tellers in Abilene, TX earn an average of $35,020 annually, which is approximately $5,920 less than the national average of $40,940.

What is the concentration of Tellers in Abilene, TX?

Abilene, TX has a Location Quotient of 1.41 for Tellers, indicating that the job is 41% more concentrated than the national average.

How does the Cost of Living in Abilene, TX affect Teller salaries?

With a Cost of Living Index of 100, Abilene, TX is at the national average. This means the lower nominal salary of $35,020 has equivalent purchasing power to the national average salary.

What does the number of Tellers in Abilene, TX suggest about the job market?

A local workforce of 230 Tellers, combined with a higher Location Quotient, suggests a steady demand and a significant presence of this profession within the Abilene economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Abilene, TX area with a job density of 3.092 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 Abilene, TX