Average Tellers Salary in Austin-Round Rock-San Marcos, TX
Tellers in the Austin-Round Rock-San Marcos, TX metropolitan area earn an average annual salary of $41,390. This figure is slightly above the national average of $40,940, indicating a marginally more favorable compensation landscape locally. Factors such as the region's economic dynamism and the specific demand within the financial sector likely contribute to this pay differential.
Executive Summary
- Average Salary: $41,390 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,980.
- Outlook: With a local workforce of 1,710 Tellers, the Austin-Round Rock-San Marcos area demonstrates a stable, albeit not exceptionally concentrated, presence of this profession. The Location Quotient of 0.62 suggests that while Tellers are present, the market is not saturated, implying a steady demand that aligns with the number of professionals in the field. This indicates a robust job market for Tellers, where opportunities are likely consistent.
Salary Overview
The average Tellers in Austin-Round Rock-San Marcos, TX earns+1.1%above the national average.
$19.9
$796
$3,449
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in the Austin-Round Rock-San Marcos area have experienced gradual growth over the past four years. Economic expansion and inflation typically drive up wages across most sectors, and the financial services industry is no exception. This suggests a positive trajectory for Teller compensation, reflecting an evolving market.
Tellers Salary Distribution in Austin-Round Rock-San Marcos, TX
The salary range for Tellers typically expands significantly with experience. Entry-level positions often start near the lower percentiles, while seasoned professionals with extensive knowledge of banking procedures and customer service can command salaries in the upper percentiles. The discernible gaps between entry-level and senior roles highlight clear career progression pathways and the financial rewards associated with accumulating expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,770 | $14.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,043 | $14.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,580 | $21 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $51,738 | $24.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $48,980 | $23.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$41,390
Gross Pay
Real Wage (Purchasing Power)
$41,390
Adjusted for COL (100)
The average annual salary of $41,390 in Austin-Round Rock-San Marcos, TX, 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 region is comparable to the national average. While the salary is slightly higher than the national average, the cost of living being at par suggests that the increased earnings do not translate to significantly greater disposable income.
Job Market Context
1,710
Total Jobs
1.359
Per 1K Jobs
0.62
Location Quotient
Austin-Round Rock-San Marcos, TX has 0.62x 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.
A Location Quotient of 0.62 for Tellers in Austin-Round Rock-San Marcos, TX, indicates that this profession is less concentrated than the national average. This suggests that while Tellers are employed in the area, the job market is not overly saturated with them compared to other occupations. This could imply a balanced supply and demand, potentially making it easier for qualified candidates to find positions without facing intense competition.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Tellers Salary | $35,200↓ 15% | 53 mi |
| Northwestern Region of Texas nonmetropolitan area Tellers Salary | $34,230↓ 17% | 53 mi |
| Hill Country Region of Texas nonmetropolitan area Tellers Salary | $35,010↓ 15% | 53 mi |
| Coastal Plains Region of Texas nonmetropolitan area Tellers Salary | $34,680↓ 16% | 53 mi |
| Eastern Region of Texas nonmetropolitan area Tellers Salary | $34,530↓ 17% | 53 mi |
Comparing salaries near Austin-Round Rock-San Marcos, TX
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Frequently Asked Questions
How much does a Tellers make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Tellers in Austin-Round Rock-San Marcos, TX is $41,390. This typically ranges from $30,770 for entry-level positions to $48,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 1.1% higher than the national median of $40,940.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Tellers?
Moderately so.The average salary of $41,390 is slightly above the national average, and the cost of living is on par with the national average, offering stable purchasing power.
Is Austin-Round Rock-San Marcos, TX a good place to live for Tellers?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($35,200) and Northwestern Region of Texas nonmetropolitan area.
How does the Austin-Round Rock-San Marcos Teller salary compare to the national average?
The average annual salary for Tellers in Austin-Round Rock-San Marcos, TX is $41,390, which is slightly higher than the national average of $40,940.
What is the job market like for Tellers in Austin-Round Rock-San Marcos, TX?
The job market appears stable, with 1,710 Tellers employed locally and a Location Quotient of 0.62, indicating a moderate presence and steady demand.
Does the cost of living affect the value of a Teller's salary in Austin?
No, the cost of living in Austin-Round Rock-San Marcos, TX is at the national average (100), meaning the slightly higher salary offers purchasing power comparable to the national average.
How many Tellers are there in the Austin-Round Rock-San Marcos, TX workforce?
There are approximately 1,710 Tellers employed within the Austin-Round Rock-San Marcos, TX metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,710 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 1.359 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 Austin-Round Rock-San Marcos, TX