Average Tellers Salary in Bellingham, WA
Tellers in Bellingham, WA, command an average annual salary of $48,200, significantly outpacing the national average of $40,940. This higher compensation is likely driven by a concentrated demand for financial services professionals within the local economy, reflecting the specific needs and economic landscape of Bellingham.
Executive Summary
- Average Salary: $48,200 per year.
- Growth Trend: Salaries have shifted 36.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,040.
- Outlook: Bellingham, WA, presents a robust job market for Tellers, evidenced by a substantial local workforce of 430 individuals and a Location Quotient of 2.15. This high concentration suggests that Tellers are in greater demand in Bellingham relative to the nation, indicating a stable and potentially growing employment sector for these professionals.
Salary Overview
The average Tellers in Bellingham, WA earns+17.7%above the national average.
$23.2
$927
$4,017
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Tellers' salaries in Bellingham have seen consistent growth over the past four years, mirroring national trends of wage increases in the financial services sector. This upward trajectory is often influenced by inflation, evolving job responsibilities, and the overall economic health of the region.
Tellers Salary Distribution in Bellingham, WA
Career progression for Tellers in Bellingham typically involves salary increases with experience. Entry-level positions might 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 gap between entry-level and senior roles signifies a clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,280 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,150 | $17.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,310 | $22.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,250 | $29 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,040 | $27.9 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$48,200
Gross Pay
Real Wage (Purchasing Power)
$48,200
Adjusted for COL (100)
The average annual salary of $48,200 in Bellingham, WA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in Bellingham is equivalent to that of a Teller earning the national average in a typical U.S. city, offering stable financial footing for residents.
Job Market Context
430
Total Jobs
4.723
Per 1K Jobs
2.15
Location Quotient
Bellingham, WA has 2.1x 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.
With a Location Quotient of 2.15, Bellingham, WA, exhibits a significantly higher concentration of Tellers compared to the national average. This indicates a robust and potentially competitive job market where demand for Tellers is more than double the national rate, suggesting ample opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Mount Vernon-Anacortes, WA Tellers Salary | $47,410↓ 2% | 24 mi |
| Seattle-Tacoma-Bellevue, WA Tellers Salary | $52,410↑ 9% | 80 mi |
| Bremerton-Silverdale-Port Orchard, WA Tellers Salary | $48,010↓ 0% | 84 mi |
Comparing salaries near Bellingham, WA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Bellingham, WA?
The median annual salary for a Tellers in Bellingham, WA is $48,200. This typically ranges from $39,280 for entry-level positions to $58,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bellingham, WA is 17.7% higher than the national median of $40,940.
Is Bellingham, WA a lucrative place for Tellers?
Yes, Bellingham, WA is a lucrative place for Tellers.Tellers in Bellingham earn approximately 17.7% more than the national average, and the local cost of living is on par with the national average, making it financially advantageous.
Is Bellingham, WA a good place to live for Tellers?
The Cost of Living Index in Bellingham, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bellingham, WA?
Some top paying nearby cities include Mount Vernon-Anacortes, WA ($47,410) and Seattle-Tacoma-Bellevue, WA.
How does the number of Tellers in Bellingham compare to the national average?
Bellingham has 4.723 Tellers per 1,000 workers, which is more than double the national average, indicating a strong local demand for this profession.
What is the significance of the Location Quotient for Tellers in Bellingham?
A Location Quotient of 2.15 signifies that Tellers are more than twice as concentrated in Bellingham's workforce compared to the national average, highlighting a specialized demand in the area.
Does the cost of living affect the value of a Teller's salary in Bellingham?
No, the cost of living in Bellingham is exactly at the national average (100), meaning the higher nominal salary translates directly into equivalent purchasing power.
What is the total number of Tellers employed in Bellingham, WA?
There are approximately 430 Tellers employed in Bellingham, WA, contributing to the local financial services sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Bellingham, WA area with a job density of 4.723 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 Bellingham, WA