Average Tellers Salary in Barnstable Town, MA
Tellers in Barnstable Town, MA, can expect an average annual salary of $44,050, which is notably higher than the national average of $40,940. This elevated compensation is often driven by the specific economic landscape and demand within Barnstable Town, reflecting local market dynamics that favor these financial professionals.
Executive Summary
- Average Salary: $44,050 per year.
- Growth Trend: Salaries have shifted 19.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,860.
- Outlook: With a local workforce of 330 Tellers and a Location Quotient of 1.59, Barnstable Town demonstrates a significant concentration of these roles compared to the national average. This suggests a robust and potentially growing demand for Tellers within the area, indicating a healthy job market for those in this profession.
Salary Overview
The average Tellers in Barnstable Town, MA earns+7.6%above the national average.
$21.2
$847
$3,671
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in Barnstable Town have experienced steady growth over the past four years, mirroring national trends of wage increases driven by inflation and evolving job market demands. This suggests a positive trajectory for Teller compensation in the region.
Tellers Salary Distribution in Barnstable Town, MA
Career progression for Tellers in Barnstable Town typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command salaries significantly above the average. The percentile gaps in salary distribution highlight these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,070 | $18.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,038 | $15.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,160 | $21.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,063 | $26.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $48,860 | $23.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$44,050
Gross Pay
Real Wage (Purchasing Power)
$44,050
Adjusted for COL (100)
The average annual salary of $44,050 in Barnstable Town aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in Barnstable Town is equivalent to the national average, indicating a balanced financial environment where earnings effectively cover living expenses.
Job Market Context
330
Total Jobs
3.507
Per 1K Jobs
1.59
Location Quotient
Barnstable Town, MA has 1.6x the national concentration of Tellers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.59 signifies that Tellers are 59% more concentrated in Barnstable Town than the national average. This suggests a competitive job market where demand for skilled Tellers is higher relative to the general workforce, potentially leading to better job security and negotiation power for qualified candidates.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Tellers Salary | $43,200↓ 2% | 58 mi |
| Boston-Cambridge-Newton, MA-NH Tellers Salary | $45,420↑ 3% | 59 mi |
| Massachusetts nonmetropolitan area Tellers Salary | $43,770↓ 1% | 73 mi |
| Worcester, MA Tellers Salary | $44,390↑ 1% | 87 mi |
| Norwich-New London-Willimantic, CT Tellers Salary | $42,800↓ 3% | 93 mi |
Comparing salaries near Barnstable Town, MA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Barnstable Town, MA?
The median annual salary for a Tellers in Barnstable Town, MA is $44,050. This typically ranges from $38,070 for entry-level positions to $48,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Barnstable Town, MA is 7.6% higher than the national median of $40,940.
Is Barnstable Town, MA a lucrative place for Tellers?
Yes, Barnstable Town offers a lucrative environment for Tellers.Tellers in Barnstable Town earn an average of $44,050 annually, surpassing the national average. Combined with a cost of living that matches the national index, this makes the location financially advantageous for this profession.
Is Barnstable Town, MA a good place to live for Tellers?
The Cost of Living Index in Barnstable Town, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Barnstable Town, MA?
Some top paying nearby cities include Providence-Warwick, RI-MA ($43,200) and Boston-Cambridge-Newton, MA-NH.
How does the Barnstable Town Teller salary compare to the national average?
The average annual salary for Tellers in Barnstable Town, MA, is $44,050, which is $3,110 higher than the national average of $40,940.
What is the concentration of Tellers in Barnstable Town?
Barnstable Town has a higher concentration of Tellers than the national average, indicated by a Location Quotient of 1.59, meaning Tellers are more prevalent in the local workforce.
Does the cost of living affect the value of a Teller's salary in Barnstable Town?
No, the cost of living in Barnstable Town is exactly at the national average (100). Therefore, the nominal salary of $44,050 has the same purchasing power as the national average salary.
How many Tellers are employed in Barnstable Town?
There are approximately 330 Tellers employed within Barnstable Town, MA, representing 3.507 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Barnstable Town, MA area with a job density of 3.507 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 Barnstable Town, MA