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Average Tellers Salary in Canton-Massillon, OH

Tellers in Canton-Massillon, OH earn an average annual salary of $39,960. This figure is slightly below the national average of $40,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within the Canton-Massillon financial sector. The cost of living in this area aligns perfectly with the national average, suggesting that the nominal salary offers a comparable purchasing power.

Executive Summary

  • Average Salary: $39,960 per year.
  • Growth Trend: Salaries have shifted 18.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,540.
  • Outlook: The Canton-Massillon area supports a local workforce of 470 Tellers, with 2.819 jobs per 1,000 workers. The Location Quotient of 1.28 signifies a higher concentration of Teller positions compared to the national average, suggesting a robust and potentially growing job market for these professionals in the region.
2024 Market Data

Salary Overview

$39,960

The average Tellers in Canton-Massillon, OH earns-2.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.2

Weekly

$768

Monthly

$3,330

Tellers Salary Distribution in Canton-Massillon, OH

Career progression for Tellers in Canton-Massillon, OH, typically involves moving from entry-level positions to more senior roles. As experience increases, salaries generally rise, reflecting greater proficiency, customer service skills, and potentially expanded responsibilities. The salary distribution, with higher percentiles representing more experienced individuals, clearly illustrates this career trajectory and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,950$16.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,970$14.4
ManagerOversees team, compliance, and project delivery.50% (Median)$38,810$18.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,950$24
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$44,540$21.4

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$39,960

Gross Pay

Real Wage (Purchasing Power)

$39,960

Adjusted for COL (100)

With a Cost of Living Index of 100, Canton-Massillon, OH, is perfectly aligned with the national average. This means the average annual salary of $39,960 for Tellers offers a purchasing power equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.

Job Market Context

470

Total Jobs

2.819

Per 1K Jobs

1.28

Location Quotient

Above Average

With a location quotient of 1.28, Canton-Massillon, OH has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.28 for Tellers in Canton-Massillon, OH, indicates that the area has a higher concentration of these roles than the national average. This suggests that the job market for Tellers is more robust and potentially more competitive than in other regions, offering more opportunities but also potentially more candidates vying for positions.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Akron, OH Tellers Salary$42,810 7%20 mi
Youngstown-Warren, OH Tellers Salary$39,370 1%43 mi
Cleveland, OH Tellers Salary$43,130 8%49 mi
Weirton-Steubenville, WV-OH Tellers Salary$34,980 12%50 mi
Mansfield, OH Tellers Salary$39,740 1%61 mi

Comparing salaries near Canton-Massillon, OH

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Canton-Massillon, OH?

The median annual salary for a Tellers in Canton-Massillon, OH is $39,960. This typically ranges from $34,950 for entry-level positions to $44,540 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Canton-Massillon, OH is 2.4% lower than the national median of $40,940.

Is Canton-Massillon, OH a lucrative place for Tellers?

No, not exceptionally lucrative compared to the national average.While the salary is close to the national average and the cost of living is on par, the average earnings for Tellers in Canton-Massillon are slightly lower than the national benchmark.

Is Canton-Massillon, OH a good place to live for Tellers?

The Cost of Living Index in Canton-Massillon, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Canton-Massillon, OH?

Some top paying nearby cities include Akron, OH ($42,810) and Youngstown-Warren, OH.

How does the Canton-Massillon Teller salary compare to the national average?

The average annual salary for Tellers in Canton-Massillon, OH, is $39,960, which is slightly below the national average of $40,940.

What does the Location Quotient of 1.28 mean for Tellers in Canton-Massillon?

A Location Quotient of 1.28 signifies that Tellers are more concentrated in Canton-Massillon, OH, than the national average, suggesting a stronger local presence and potentially more job opportunities in this field.

How does the cost of living in Canton-Massillon affect the Teller salary?

The Cost of Living Index in Canton-Massillon is 100, matching the national average. This means the $39,960 salary has a purchasing power equivalent to the national average, making it neither particularly high nor low in real terms.

What is the total number of Tellers in the Canton-Massillon workforce?

There are approximately 470 Tellers employed within the Canton-Massillon, OH, local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Canton-Massillon, OH area with a job density of 2.819 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.