Average Tellers Salary in Bowling Green, KY
In Bowling Green, KY, Tellers earn an average annual salary of $35,530. This figure is notably below the national average of $40,940, indicating a localized compensation structure. Factors such as the regional economic landscape and the specific demand for banking services in Bowling Green likely contribute to this pay differential.
Executive Summary
- Average Salary: $35,530 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $37,730.
- Outlook: With a total local workforce of 200 Tellers and a Location Quotient of 1.14, Bowling Green exhibits a slightly higher concentration of these roles compared to the national average. This suggests a stable, albeit not rapidly expanding, demand for Tellers within the community, indicating a moderately robust job market for this profession.
Salary Overview
The average Tellers in Bowling Green, KY earns-13.2%below the national average.
$17.1
$683
$2,961
Tellers Salary Trends (2020-2024)
While specific historical data for Bowling Green Tellers is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically necessitate adjustments in compensation, suggesting that Tellers in Bowling Green have likely seen incremental increases in their earnings.
Tellers Salary Distribution in Bowling Green, KY
Salary progression for Tellers in Bowling Green, KY, typically correlates with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential within the role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,300 | $14.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,648 | $12.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,240 | $17.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $44,413 | $21.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $37,730 | $18.1 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$35,530
Gross Pay
Real Wage (Purchasing Power)
$35,530
Adjusted for COL (100)
The average annual salary of $35,530 for Tellers in Bowling Green, KY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Bowling Green is equivalent to the national average, offering a stable financial environment without significant strain or surplus.
Job Market Context
200
Total Jobs
2.511
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Bowling Green, KY has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.14 indicates that Bowling Green, KY, has a slightly higher concentration of Tellers than the national average. This suggests that while the job market is not oversaturated, there is a steady demand for these professionals, making it a moderately competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Clarksville, TN-KY Tellers Salary | $35,750↑ 1% | 57 mi |
| Nashville-Davidson--Murfreesboro--Franklin, TN Tellers Salary | $39,210↑ 10% | 59 mi |
| Elizabethtown, KY Tellers Salary | $36,150↑ 2% | 59 mi |
| Owensboro, KY Tellers Salary | $37,840↑ 7% | 66 mi |
| East Tennessee nonmetropolitan area Tellers Salary | $34,400↓ 3% | 86 mi |
Comparing salaries near Bowling Green, KY
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Bowling Green, KY?
The median annual salary for a Tellers in Bowling Green, KY is $35,530. This typically ranges from $30,300 for entry-level positions to $37,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bowling Green, KY is 13.2% lower than the national median of $40,940.
Is Bowling Green, KY a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.While the cost of living is on par with the national average, the average Teller salary in Bowling Green is below the national benchmark. This suggests that while stable, the earning potential is not as high as in other regions.
Is Bowling Green, KY a good place to live for Tellers?
The Cost of Living Index in Bowling Green, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bowling Green, KY?
Some top paying nearby cities include Clarksville, TN-KY ($35,750) and Nashville-Davidson--Murfreesboro--Franklin, TN.
How does the Bowling Green Teller salary compare to the national average?
The average annual salary for Tellers in Bowling Green, KY, is $35,530, which is lower than the national average of $40,940.
What is the cost of living in Bowling Green, KY for Tellers?
The cost of living in Bowling Green, KY, is at the national average (index of 100), meaning that the purchasing power of a Teller's salary is equivalent to the national average.
Is there high demand for Tellers in Bowling Green, KY?
With a Location Quotient of 1.14, there is a slightly higher concentration of Tellers in Bowling Green than the national average, indicating a stable and consistent demand for these roles.
What is the total number of Tellers employed in Bowling Green, KY?
There are approximately 200 Tellers employed in Bowling Green, KY, representing 2.511 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 200 employees in the Bowling Green, KY area with a job density of 2.511 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 Bowling Green, KY