Average Tellers Salary in Birmingham, AL
Tellers in Birmingham, AL earn an average annual salary of $39,200. This figure is slightly below the national average of $40,940, a common occurrence in metropolitan areas where local economic factors and demand dynamics can influence compensation. The specific pay rates in Birmingham are shaped by the interplay of local banking industry needs and the overall economic climate of Alabama.
Executive Summary
- Average Salary: $39,200 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,570.
- Outlook: The Tellers job market in Birmingham, AL, shows a notable concentration, with a Location Quotient of 1.44, indicating a higher presence of these roles compared to the national average. Supported by a local workforce of 1,640 Tellers, this suggests a robust and potentially growing demand for financial service professionals within the region.
Salary Overview
The average Tellers in Birmingham, AL earns-4.3%below the national average.
$18.9
$754
$3,267
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in Birmingham, AL, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, evolving job responsibilities, and the increasing demand for skilled financial service professionals in the local economy.
Tellers Salary Distribution in Birmingham, AL
Experience plays a significant role in a Teller's earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with several years of experience and specialized skills can command higher salaries. The progression from junior to senior Teller roles often involves increased responsibilities, customer service expertise, and potentially supervisory duties, reflected in a widening salary gap across experience levels.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,200 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,400 | $14.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,690 | $18.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,000 | $23.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,570 | $22.4 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,200
Gross Pay
Real Wage (Purchasing Power)
$39,200
Adjusted for COL (100)
The average annual salary of $39,200 for Tellers in Birmingham, 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 Birmingham is comparable to the national average, offering a stable financial environment for residents.
Job Market Context
1,640
Total Jobs
3.169
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Birmingham, AL has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.44, Birmingham, AL, demonstrates a significantly higher concentration of Tellers than the national average. This suggests a competitive job market where employers may actively seek qualified candidates, but also indicates a strong presence of financial institutions requiring these services, potentially leading to more opportunities for Tellers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Tuscaloosa, AL Tellers Salary | $36,290↓ 7% | 47 mi |
| Northeast Alabama nonmetropolitan area Tellers Salary | $34,810↓ 11% | 50 mi |
| Southeast Alabama nonmetropolitan area Tellers Salary | $33,610↓ 14% | 50 mi |
| Northwest Alabama nonmetropolitan area Tellers Salary | $32,770↓ 16% | 50 mi |
| Southwest Alabama nonmetropolitan area Tellers Salary | $33,820↓ 14% | 50 mi |
Comparing salaries near Birmingham, AL
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Birmingham, AL?
The median annual salary for a Tellers in Birmingham, AL is $39,200. This typically ranges from $31,200 for entry-level positions to $46,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Birmingham, AL is 4.3% lower than the national median of $40,940.
Is Birmingham, AL a lucrative place for Tellers?
Yes, Birmingham, AL offers a stable earning environment for Tellers.While the average salary is slightly below the national average, the cost of living is also at the national average, making the nominal salary hold its purchasing power effectively. The high concentration of Tellers suggests a healthy job market.
Is Birmingham, AL a good place to live for Tellers?
The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Birmingham, AL?
Some top paying nearby cities include Tuscaloosa, AL ($36,290) and Northeast Alabama nonmetropolitan area.
How does Birmingham's Teller salary compare to the national average?
The average annual salary for Tellers in Birmingham, AL is $39,200, which is slightly lower than the national average of $40,940.
What is the significance of the Location Quotient for Tellers in Birmingham?
A Location Quotient of 1.44 indicates that Tellers are more concentrated in Birmingham than the national average, suggesting a higher demand or a larger presence of financial institutions employing them.
How does the cost of living in Birmingham affect Teller salaries?
Birmingham's cost of living index is 100, which is the national average. This means that the $39,200 salary has the same purchasing power in Birmingham as the national average salary would have across the country.
What is the total number of Tellers in Birmingham, AL?
There are approximately 1,640 Tellers employed in the Birmingham, AL area, representing 3.169 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,640 employees in the Birmingham, AL area with a job density of 3.169 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Tellers Salaries by State
Top Jobs in Birmingham, AL
- All Occupations Salary in Birmingham, AL
- Office and Administrative Support Occupations Salary in Birmingham, AL
- Sales and Related Occupations Salary in Birmingham, AL
- Transportation and Material Moving Occupations Salary in Birmingham, AL
- Healthcare Practitioners and Technical Occupations Salary in Birmingham, AL
- Food Preparation and Serving Related Occupations Salary in Birmingham, AL
- Production Occupations Salary in Birmingham, AL
- Business and Financial Operations Occupations Salary in Birmingham, AL
- Management Occupations Salary in Birmingham, AL
- Educational Instruction and Library Occupations Salary in Birmingham, AL
- Browse All Jobs in Birmingham, AL →
Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Birmingham, AL