Average Tellers Salary in Cape Coral-Fort Myers, FL
Tellers in the Cape Coral-Fort Myers, FL area earn an average annual salary of $43,870, surpassing the national average of $40,940. This slight premium is often influenced by the specific economic drivers and demand within the local financial sector. The cost of living in this region aligns perfectly with the national average, making this salary particularly noteworthy.
Executive Summary
- Average Salary: $43,870 per year.
- Growth Trend: Salaries have shifted 27.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,720.
- Outlook: With a total local workforce of 470 Tellers, the Cape Coral-Fort Myers area demonstrates a stable, albeit not exceptionally concentrated, presence of this role. The Location Quotient of 0.72 suggests that while Tellers are present, the market is not saturated compared to national trends, indicating a steady demand for these essential financial service professionals.
Salary Overview
The average Tellers in Cape Coral-Fort Myers, FL earns+7.2%above the national average.
$21.1
$844
$3,656
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Tellers in Cape Coral-Fort Myers have seen consistent, modest growth over the past four years, mirroring national trends. This growth is typically driven by inflation, evolving banking technologies, and the increasing complexity of customer service demands within the financial industry.
Tellers Salary Distribution in Cape Coral-Fort Myers, FL
Career progression for Tellers in Cape Coral-Fort Myers typically involves moving from entry-level positions to more senior roles, which naturally commands higher compensation. While specific percentile salary data isn't available, the typical salary range widens significantly for experienced professionals, reflecting increased responsibilities, specialized skills, and a proven track record in customer service and financial transactions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,440 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,903 | $15.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,990 | $21.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,838 | $26.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,720 | $22.9 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$43,870
Gross Pay
Real Wage (Purchasing Power)
$43,870
Adjusted for COL (100)
The average annual salary of $43,870 in Cape Coral-Fort Myers, FL, is perfectly balanced by the local Cost of Living Index of 100, which matches the national average. This means that the purchasing power of a Teller's salary in this region is directly comparable to the national standard, offering stability for those considering a move.
Job Market Context
470
Total Jobs
1.581
Per 1K Jobs
0.72
Location Quotient
Cape Coral-Fort Myers, FL has 0.72x 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.
The Location Quotient of 0.72 for Tellers in Cape Coral-Fort Myers indicates a slightly lower concentration of these roles compared to the national average. This suggests that while the job market is stable, it may not be as intensely competitive as in areas with a higher concentration, potentially offering good opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Punta Gorda, FL Tellers Salary | $42,920↓ 2% | 18 mi |
| North Port-Bradenton-Sarasota, FL Tellers Salary | $43,850↓ 0% | 31 mi |
| Naples-Marco Island, FL Tellers Salary | $46,090↑ 5% | 36 mi |
| Sebring, FL Tellers Salary | $41,250↓ 6% | 67 mi |
| North Florida nonmetropolitan area Tellers Salary | $41,730↓ 5% | 80 mi |
Comparing salaries near Cape Coral-Fort Myers, FL
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Cape Coral-Fort Myers, FL?
The median annual salary for a Tellers in Cape Coral-Fort Myers, FL is $43,870. This typically ranges from $37,440 for entry-level positions to $47,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cape Coral-Fort Myers, FL is 7.2% higher than the national median of $40,940.
Is Cape Coral-Fort Myers, FL a lucrative place for Tellers?
Yes, it offers competitive compensation.Tellers in Cape Coral-Fort Myers earn above the national average salary, and the local cost of living is on par with the national average, providing good value for their earnings.
Is Cape Coral-Fort Myers, FL a good place to live for Tellers?
The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cape Coral-Fort Myers, FL?
Some top paying nearby cities include Punta Gorda, FL ($42,920) and North Port-Bradenton-Sarasota, FL.
How does the Cape Coral-Fort Myers Teller salary compare to the national average?
The average annual salary for Tellers in Cape Coral-Fort Myers, FL is $43,870, which is higher than the national average of $40,940.
What is the Cost of Living in Cape Coral-Fort Myers, FL for Tellers?
The Cost of Living Index in Cape Coral-Fort Myers, FL is 100, which is exactly the national average, indicating that daily expenses are comparable to the rest of the country.
How many Tellers are there in Cape Coral-Fort Myers, FL?
There are approximately 470 Tellers employed in the Cape Coral-Fort Myers, FL area.
Is the Teller job market concentrated in Cape Coral-Fort Myers, FL?
With a Location Quotient of 0.72, the Teller job market in Cape Coral-Fort Myers, FL is slightly less concentrated than the national average, suggesting a balanced job market.
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 Cape Coral-Fort Myers, FL area with a job density of 1.581 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 Cape Coral-Fort Myers, FL