Average Tellers Salary in Atlantic City-Hammonton, NJ
Tellers in Atlantic City-Hammonton, NJ, earn an average annual salary of $42,170. This figure is slightly above the national average of $40,940, indicating a stable demand for these financial professionals in the region. Local economic factors and the specific needs of the banking sector within Atlantic City-Hammonton contribute to this competitive compensation.
Executive Summary
- Average Salary: $42,170 per year.
- Growth Trend: Salaries have shifted 23.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,250.
- Outlook: The job market for Tellers in Atlantic City-Hammonton, NJ, shows a moderate level of activity, with a total local workforce of 320 individuals in this role. The location quotient of 0.86 suggests that while Tellers are present, the concentration is slightly below the national average, implying a steady but not exceptionally high demand relative to other occupations in the area.
Salary Overview
The average Tellers in Atlantic City-Hammonton, NJ earns+3.0%above the national average.
$20.3
$811
$3,514
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Atlantic City-Hammonton is not provided, it's 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 for roles like Tellers, ensuring their pay remains competitive within the local market.
Tellers Salary Distribution in Atlantic City-Hammonton, NJ
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 typical salary range for Tellers can see significant jumps, with experienced professionals earning substantially more than those just starting out, reflecting acquired skills and responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,820 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,628 | $15.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,960 | $21.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,713 | $25.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,250 | $22.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$42,170
Gross Pay
Real Wage (Purchasing Power)
$42,170
Adjusted for COL (100)
The average annual salary of $42,170 in Atlantic City-Hammonton, NJ, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this area is equivalent to the national average, making it a financially stable location for individuals in this profession.
Job Market Context
320
Total Jobs
1.9
Per 1K Jobs
0.86
Location Quotient
Atlantic City-Hammonton, NJ has 0.86x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a location quotient of 0.86, the market for Tellers in Atlantic City-Hammonton, NJ, is neither oversaturated nor exceptionally scarce. This suggests a balanced job market where opportunities exist, but competition may be present, requiring candidates to highlight their qualifications effectively.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Vineland, NJ Tellers Salary | $40,910↓ 3% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Tellers Salary | $42,530↑ 1% | 55 mi |
| Sussex Delaware nonmetropolitan area Tellers Salary | $42,530↑ 1% | 56 mi |
| Dover, DE Tellers Salary | $39,710↓ 6% | 59 mi |
| Trenton-Princeton, NJ Tellers Salary | $43,470↑ 3% | 61 mi |
Comparing salaries near Atlantic City-Hammonton, NJ
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Atlantic City-Hammonton, NJ?
The median annual salary for a Tellers in Atlantic City-Hammonton, NJ is $42,170. This typically ranges from $36,820 for entry-level positions to $47,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Atlantic City-Hammonton, NJ is 3.0% higher than the national median of $40,940.
Is Atlantic City-Hammonton, NJ a lucrative place for Tellers?
Yes, it offers a competitive salary.Tellers in Atlantic City-Hammonton, NJ, earn an average of $42,170, which is higher than the national average. Coupled with a cost of living that matches the national average, this makes the area financially favorable for Tellers.
Is Atlantic City-Hammonton, NJ a good place to live for Tellers?
The Cost of Living Index in Atlantic City-Hammonton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Atlantic City-Hammonton, NJ?
Some top paying nearby cities include Vineland, NJ ($40,910) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
How does the Teller salary in Atlantic City-Hammonton compare to the national average?
The average annual salary for Tellers in Atlantic City-Hammonton, NJ, is $42,170, which is slightly higher than the national average of $40,940.
What is the concentration of Tellers in Atlantic City-Hammonton compared to the rest of the US?
The location quotient for Tellers in Atlantic City-Hammonton, NJ, is 0.86, indicating a slightly lower concentration of these jobs compared to the national average.
How does the cost of living in Atlantic City-Hammonton affect Teller salaries?
The cost of living in Atlantic City-Hammonton, NJ, is at the national average (100). This means the $42,170 salary has purchasing power equivalent to the national average, making it a stable financial environment.
What does the total local workforce size suggest about Teller job availability?
With 320 Tellers in the local workforce, it indicates a consistent presence of these roles, suggesting steady, albeit not rapidly expanding, job opportunities within the Atlantic City-Hammonton area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Atlantic City-Hammonton, NJ area with a job density of 1.9 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 Atlantic City-Hammonton, NJ