Average Tellers Salary in Auburn-Opelika, AL
Tellers in Auburn-Opelika, AL earn an average annual salary of $37,780. This figure is slightly below the national average of $40,940, suggesting that local economic factors and the specific demand within the Auburn-Opelika area influence compensation for this role. While the nominal salary may be lower, the cost of living parity offers a balanced perspective.
Executive Summary
- Average Salary: $37,780 per year.
- Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,200.
- Outlook: The Auburn-Opelika area supports a dedicated workforce of 220 Tellers. With a Location Quotient of 1.37, this indicates a higher concentration of Teller positions relative to the national average, suggesting a potentially robust local demand for these financial service professionals. The presence of 3.017 jobs per 1,000 workers further underscores the significance of this occupation within the local labor market.
Salary Overview
The average Tellers in Auburn-Opelika, AL earns-7.7%below the national average.
$18.2
$727
$3,148
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Auburn-Opelika is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring broader economic recovery and inflation. As the financial sector evolves, Tellers' compensation is likely to see incremental increases, driven by the need to retain skilled personnel and adapt to changing banking technologies and customer service demands.
Tellers Salary Distribution in Auburn-Opelika, AL
Salary progression for Tellers in Auburn-Opelika typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings reflect this career trajectory, with senior Tellers occupying the higher salary brackets, signifying greater responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,040 | $14.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,335 | $13.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,250 | $17.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,225 | $22.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,200 | $21.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,780
Gross Pay
Real Wage (Purchasing Power)
$37,780
Adjusted for COL (100)
The average annual salary of $37,780 for Tellers in Auburn-Opelika, AL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this area is comparable to the national average, indicating that the slightly lower nominal wage is offset by the stable cost of essential goods and services.
Job Market Context
220
Total Jobs
3.017
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Auburn-Opelika, AL has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
Auburn-Opelika's Location Quotient of 1.37 for Tellers signifies a market where this profession is more concentrated than the national average. This suggests a healthy demand for Tellers relative to the general workforce, potentially leading to more job opportunities and a competitive environment for employers seeking qualified candidates. It indicates that Tellers play a more prominent role in the local economy than in many other regions.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Columbus, GA-AL Tellers Salary | $37,980↑ 1% | 36 mi |
| Montgomery, AL Tellers Salary | $37,470↓ 1% | 49 mi |
| Anniston-Oxford, AL Tellers Salary | $34,590↓ 8% | 76 mi |
| Northeast Alabama nonmetropolitan area Tellers Salary | $34,810↓ 8% | 77 mi |
| Southeast Alabama nonmetropolitan area Tellers Salary | $33,610↓ 11% | 77 mi |
Comparing salaries near Auburn-Opelika, AL
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Auburn-Opelika, AL?
The median annual salary for a Tellers in Auburn-Opelika, AL is $37,780. This typically ranges from $31,040 for entry-level positions to $44,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Auburn-Opelika, AL is 7.7% lower than the national median of $40,940.
Is Auburn-Opelika, AL a lucrative place for Tellers?
It is a stable, not exceptionally lucrative, place for Tellers.The average salary of $37,780 is below the national average, but the cost of living is also at the national average, creating a balanced financial standing. The higher concentration of Tellers suggests stable demand.
Is Auburn-Opelika, AL a good place to live for Tellers?
The Cost of Living Index in Auburn-Opelika, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Auburn-Opelika, AL?
Some top paying nearby cities include Columbus, GA-AL ($37,980) and Montgomery, AL.
How does the Teller salary in Auburn-Opelika compare to the national average?
The average annual salary for Tellers in Auburn-Opelika, AL is $37,780, which is approximately 7.7% lower than the national average of $40,940.
What is the significance of the Location Quotient for Tellers in Auburn-Opelika?
A Location Quotient of 1.37 indicates that Tellers are more concentrated in the Auburn-Opelika area than the national average, suggesting a stronger local presence and potentially higher demand for these roles compared to other occupations.
Does the Cost of Living affect the perceived value of a Teller's salary in Auburn-Opelika?
No, the Cost of Living Index is exactly 100, meaning it is at the national average. Therefore, the $37,780 salary has purchasing power equivalent to the national average, offsetting the slightly lower nominal wage.
How many Tellers are employed in the Auburn-Opelika area?
The total local workforce for Tellers in Auburn-Opelika, AL consists of approximately 220 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Auburn-Opelika, AL area with a job density of 3.017 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 Auburn-Opelika, AL