Average Tellers Salary in Central East New York nonmetropolitan area
Tellers in the Central East New York nonmetropolitan area earn an average annual salary of $40,970, a figure that closely mirrors the national average of $40,940. This slight parity suggests that while the specific economic drivers of this region may not drastically inflate teller wages compared to the rest of the country, the localized demand and job market dynamics are keeping compensation competitive on a national scale.
Executive Summary
- Average Salary: $40,970 per year.
- Growth Trend: Salaries have shifted 17.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,850.
- Outlook: The Central East New York nonmetropolitan area supports a local workforce of 540 Tellers, indicating a stable, albeit niche, job market. With a Location Quotient of 1.55, Tellers are significantly more concentrated here than the national average, suggesting a robust demand for these services within the region's economic structure.
Salary Overview
The average Tellers in Central East New York nonmetropolitan area earns+0.1%above the national average.
$19.7
$788
$3,414
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Tellers' salaries in the Central East New York nonmetropolitan area have experienced modest growth over the past four years, aligning with general economic trends and inflation adjustments seen across the United States.
Tellers Salary Distribution in Central East New York nonmetropolitan area
Career progression for Tellers typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in salary distribution reflect these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,720 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,728 | $14.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,730 | $18.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $51,213 | $24.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,850 | $22.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$40,970
Gross Pay
Real Wage (Purchasing Power)
$40,970
Adjusted for COL (100)
The average annual salary of $40,970 in the Central East New York nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary 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
540
Total Jobs
3.413
Per 1K Jobs
1.55
Location Quotient
Central East New York nonmetropolitan area has 1.6x the national concentration of Tellers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.55 signifies that Tellers are 55% more concentrated in the Central East New York nonmetropolitan area than in the nation overall. This indicates a higher relative demand for Tellers in this region, suggesting a potentially competitive job market for employers seeking talent and a favorable landscape for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Tellers Salary | $38,660↓ 6% | 49 mi |
| Kingston, NY Tellers Salary | $41,970↑ 2% | 51 mi |
| Scranton--Wilkes-Barre, PA Tellers Salary | $39,940↓ 3% | 64 mi |
| Utica-Rome, NY Tellers Salary | $39,530↓ 4% | 66 mi |
| Albany-Schenectady-Troy, NY Tellers Salary | $40,810↓ 0% | 68 mi |
Comparing salaries near Central East New York nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Central East New York nonmetropolitan area?
The median annual salary for a Tellers in Central East New York nonmetropolitan area is $40,970. This typically ranges from $36,720 for entry-level positions to $46,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central East New York nonmetropolitan area is 0.1% higher than the national median of $40,940.
Is Central East New York nonmetropolitan area a lucrative place for Tellers?
Yes, it offers competitive compensation relative to the national average.Tellers in this region earn a salary virtually on par with the national average, and the higher concentration of these roles suggests strong local demand.
Is Central East New York nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Central East New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central East New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($38,660) and Kingston, NY.
How does the Teller salary compare to the national average?
The average annual salary for Tellers in the Central East New York nonmetropolitan area is $40,970, which is very close to the national average of $40,940.
What is the significance of the Location Quotient (LQ) for Tellers in this area?
An LQ of 1.55 means Tellers are 55% more concentrated in this region than the national average, indicating a higher relative demand for this profession locally.
Does the cost of living affect the value of a Teller's salary in Central East NY?
No, the local Cost of Living Index is 100, which is the national average. Therefore, the $40,970 salary has purchasing power equivalent to the national average.
How many Tellers are employed in the Central East New York nonmetropolitan area?
There are approximately 540 Tellers employed within the Central East 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 540 employees in the Central East New York nonmetropolitan area area with a job density of 3.413 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 Central East New York nonmetropolitan area