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Average Tellers Salary in California

Tellers in California earn an average annual salary of $46,340, which is notably higher than the national average of $40,940. This elevated compensation is often attributed to the state's robust economic activity and the higher cost of doing business, which influences wage structures across various sectors.

Executive Summary

  • Average Salary: $46,340 per year.
  • Growth Trend: Salaries have shifted 27.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,510.
  • Outlook: With a substantial local workforce of 25,440 Tellers, California demonstrates a significant presence in this role. The Location Quotient of 0.64 suggests that while the concentration of Tellers is slightly below the national average, the sheer volume indicates a consistent demand and a stable job market for these financial professionals.
2024 Market Data

Salary Overview

$46,340

The average Tellers in California earns+13.2%above the national average.

BreakdownBased on 40h/week
Hourly

$22.3

Weekly

$891

Monthly

$3,862

Tellers Salary Distribution in California

Salary progression for Tellers in California typically scales with experience. Entry-level positions may start 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 the career progression and increased earning potential available within this role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,110$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,755$16.7
ManagerOversees team, compliance, and project delivery.50% (Median)$45,920$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,925$27.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,510$27.2

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$46,340

Gross Pay

Real Wage (Purchasing Power)

$33,458

Adjusted for COL (138.5)

The average annual salary of $46,340 in California presents a complex financial picture when contrasted with the state's Cost of Living Index of 138.5. While the nominal salary is higher than the national average, the significantly elevated cost of living means that the purchasing power of this salary may be less than it appears, requiring careful financial planning for residents.

Job Market Context

25,440

Total Jobs

1.409

Per 1K Jobs

0.64

Location Quotient

Below Average

California has 0.64x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

California's Location Quotient of 0.64 for Tellers indicates that the state has a slightly lower concentration of these professionals relative to the national average. This suggests that while Tellers are a vital part of the financial infrastructure, the market is not oversaturated, potentially offering good opportunities for those entering or established in the field.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Hanford-Corcoran, CA Tellers Salary$44,680↓ 4%15 mi
Visalia, CA Tellers Salary$43,390↓ 6%25 mi
Fresno, CA Tellers Salary$44,200↓ 5%46 mi
Bakersfield-Delano, CA Tellers Salary$43,690↓ 6%64 mi
San Luis Obispo-Paso Robles, CA Tellers Salary$47,300↑ 2%81 mi

Comparing salaries near California

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in California?

The median annual salary for a Tellers in California is $46,340. This typically ranges from $37,110 for entry-level positions to $56,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in California is 13.2% higher than the national median of $40,940.

Is California a lucrative place for Tellerss?

Yes, but with caveats.California Tellers earn above the national average salary, but the high cost of living significantly impacts real disposable income.

Is California a good place to live for Tellers?

The Cost of Living Index in California is 138.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near California?

Some top paying nearby cities include Hanford-Corcoran, CA ($44,680) and Visalia, CA.

How does California's Teller salary compare to the national average?

Tellers in California earn an average of $46,340 annually, which is approximately $5,400 more than the national average of $40,940.

What is the job market like for Tellers in California?

California has a large workforce of 25,440 Tellers, and the state employs 1.409 Tellers per 1,000 workers, indicating a steady demand for these roles.

How does the cost of living affect a Teller's salary in California?

With a Cost of Living Index of 138.5, California is significantly more expensive than the national average. This means that while the nominal salary is higher, the actual purchasing power may be reduced.

Is the concentration of Tellers higher or lower than the national average in California?

The Location Quotient of 0.64 suggests that the concentration of Tellers in California is lower than the national average, indicating a less saturated market relative to the overall workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 25,440 employees in the California area with a job density of 1.409 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in California