Average Tellers Salary in Capital/Northern New York nonmetropolitan area
Tellers in the Capital/Northern New York nonmetropolitan area earn an average annual salary of $39,160. This figure is slightly below the national average of $40,940, indicating localized economic factors and demand influence compensation in this region. The specific economic landscape and the concentration of financial institutions within this nonmetropolitan area contribute to this pay scale.
Executive Summary
- Average Salary: $39,160 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,140.
- Outlook: With a local workforce of 430 Tellers, the Capital/Northern New York nonmetropolitan area demonstrates a stable, albeit niche, job market for this profession. The Location Quotient of 1.38 suggests a higher concentration of Tellers relative to the national average, implying a consistent demand for these services within the region's economic structure.
Salary Overview
The average Tellers in Capital/Northern New York nonmetropolitan area earns-4.3%below the national average.
$18.8
$753
$3,263
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in the Capital/Northern New York nonmetropolitan area have experienced gradual growth over the past four years, mirroring broader economic trends and inflation adjustments. This steady, incremental increase is typical for established roles within nonmetropolitan economies.
Tellers Salary Distribution in Capital/Northern New York nonmetropolitan area
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data isn't available, the typical salary range for Tellers would widen significantly from junior to experienced professionals, with senior Tellers commanding higher compensation due to accumulated expertise and responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,590 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,370 | $14.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,950 | $18.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $48,950 | $23.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,140 | $21.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,160
Gross Pay
Real Wage (Purchasing Power)
$39,160
Adjusted for COL (100)
The average annual salary of $39,160 in the Capital/Northern New York nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, suggesting that the cost of essential goods and services is comparable to the rest of the country.
Job Market Context
430
Total Jobs
3.046
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Capital/Northern New York nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.38 signifies that Tellers are more concentrated in the Capital/Northern New York nonmetropolitan area than the national average. This suggests a robust local market with a steady demand for these financial service professionals, potentially offering more opportunities relative to the size of the workforce compared to national averages.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Tellers Salary | $38,660↓ 1% | 49 mi |
| Kingston, NY Tellers Salary | $41,970↑ 7% | 51 mi |
| Scranton--Wilkes-Barre, PA Tellers Salary | $39,940↑ 2% | 64 mi |
| Utica-Rome, NY Tellers Salary | $39,530↑ 1% | 66 mi |
| Albany-Schenectady-Troy, NY Tellers Salary | $40,810↑ 4% | 68 mi |
Comparing salaries near Capital/Northern New York nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Capital/Northern New York nonmetropolitan area?
The median annual salary for a Tellers in Capital/Northern New York nonmetropolitan area is $39,160. This typically ranges from $35,590 for entry-level positions to $44,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Capital/Northern New York nonmetropolitan area is 4.3% lower than the national median of $40,940.
Is Capital/Northern New York nonmetropolitan area a lucrative place for Tellers?
No, not significantly more lucrative than the national average.While the salary is competitive with the local cost of living, it falls slightly below the national average. The concentration of Tellers suggests stable demand but not necessarily higher earning potential.
Is Capital/Northern New York nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($38,660) and Kingston, NY.
How does the local Teller salary compare to the national average?
The average annual salary for Tellers in Capital/Northern New York nonmetropolitan area is $39,160, which is slightly lower than the national average of $40,940.
What does a Location Quotient of 1.38 mean for Tellers in this area?
A Location Quotient of 1.38 indicates that Tellers are more concentrated in this region compared to the national average, suggesting a stronger local presence and demand for the role.
How does the cost of living affect the Teller salary in this region?
With a Cost of Living Index of 100, the local salary of $39,160 has purchasing power equivalent to the national average, meaning the slightly lower salary is balanced by comparable living expenses.
What is the total number of Tellers in the Capital/Northern New York nonmetropolitan area?
There are approximately 430 Tellers employed within the Capital/Northern New York nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 3.046 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 Capital/Northern New York nonmetropolitan area