Average Tellers Salary in Bridgeport-Stamford-Danbury, CT
Tellers in the Bridgeport-Stamford-Danbury, CT area earn an average annual salary of $48,680, significantly exceeding the national average of $40,940. This higher compensation is often driven by the region's economic landscape and the specific demands placed on financial service professionals within this dynamic metropolitan area.
Executive Summary
- Average Salary: $48,680 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,140.
- Outlook: With a local workforce of 940 Tellers and a Location Quotient of 1.06, the job market in Bridgeport-Stamford-Danbury indicates a healthy concentration of these roles, slightly above the national average. This suggests a stable demand for Tellers, supported by a workforce size that reflects the needs of the local financial sector.
Salary Overview
The average Tellers in Bridgeport-Stamford-Danbury, CT earns+18.9%above the national average.
$23.4
$936
$4,057
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Tellers in Bridgeport-Stamford-Danbury have experienced steady growth over the past four years, mirroring national trends in the financial services industry. This upward trajectory is likely influenced by inflation, evolving job responsibilities, and the general economic health of the region.
Tellers Salary Distribution in Bridgeport-Stamford-Danbury, CT
Career progression for Tellers typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior Tellers with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,860 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,510 | $17.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,650 | $23.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,850 | $29.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,140 | $28.4 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$48,680
Gross Pay
Real Wage (Purchasing Power)
$48,680
Adjusted for COL (100)
The average annual salary of $48,680 in Bridgeport-Stamford-Danbury, CT, holds its value effectively against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Teller's salary in this region is comparable to the national standard, offering a balanced financial outlook for residents.
Job Market Context
940
Total Jobs
2.336
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.06 for Tellers in Bridgeport-Stamford-Danbury, CT, suggests a slightly higher concentration of these jobs compared to the national average. This indicates a competitive, yet robust, job market where demand is consistent with, or slightly exceeds, the national ratio, implying good opportunities for skilled Tellers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| New Haven, CT Tellers Salary | $46,150↓ 5% | 16 mi |
| Waterbury-Shelton, CT Tellers Salary | $45,170↓ 7% | 27 mi |
| Connecticut nonmetropolitan area Tellers Salary | $45,310↓ 7% | 36 mi |
| Hartford-West Hartford-East Hartford, CT Tellers Salary | $45,590↓ 6% | 48 mi |
| Kiryas Joel-Poughkeepsie-Newburgh, NY Tellers Salary | $42,040↓ 14% | 51 mi |
Comparing salaries near Bridgeport-Stamford-Danbury, CT
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Bridgeport-Stamford-Danbury, CT?
The median annual salary for a Tellers in Bridgeport-Stamford-Danbury, CT is $48,680. This typically ranges from $36,860 for entry-level positions to $59,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bridgeport-Stamford-Danbury, CT is 18.9% higher than the national median of $40,940.
Is Bridgeport-Stamford-Danbury, CT a lucrative place for Tellers?
Yes, it is a more lucrative place for Tellers.Tellers in this area earn approximately $7,740 more annually than the national average. Coupled with a cost of living that matches the national average, this makes the region financially advantageous for Tellers.
Is Bridgeport-Stamford-Danbury, CT a good place to live for Tellers?
The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?
Some top paying nearby cities include New Haven, CT ($46,150) and Waterbury-Shelton, CT.
How does the Teller salary in Bridgeport compare to the national average?
The average annual salary for Tellers in Bridgeport-Stamford-Danbury, CT is $48,680, which is $7,740 higher than the national average of $40,940.
What is the Cost of Living in Bridgeport-Stamford-Danbury, CT for Tellers?
The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100, which is exactly the national average. This means your salary's purchasing power is on par with the rest of the country.
How concentrated are Teller jobs in Bridgeport-Stamford-Danbury, CT?
The Location Quotient for Tellers in this area is 1.06, indicating a slightly higher concentration of these jobs compared to the national average, suggesting a healthy local demand.
What is the total number of Tellers in the Bridgeport-Stamford-Danbury, CT workforce?
There are approximately 940 Tellers employed within the Bridgeport-Stamford-Danbury, CT 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 940 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 2.336 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 Bridgeport-Stamford-Danbury, CT