SalaryNode

Average Tellers Salary in Chattanooga, TN-GA

Tellers in Chattanooga, TN-GA earn an average annual salary of $37,980, which is slightly below the national average of $40,940. This localized pay rate is influenced by a variety of regional economic factors, including the specific demand for financial services professionals and the overall economic landscape of the Chattanooga metropolitan area.

Executive Summary

  • Average Salary: $37,980 per year.
  • Growth Trend: Salaries have shifted 27.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,860.
  • Outlook: With a total local workforce of 680 Tellers and a Location Quotient of 1.14, Chattanooga exhibits a slightly higher concentration of these roles compared to the national average. This suggests a stable, albeit not rapidly expanding, job market for Tellers, indicating consistent demand within the region's financial institutions.
2024 Market Data

Salary Overview

$37,980

The average Tellers in Chattanooga, TN-GA earns-7.2%below the national average.

BreakdownBased on 40h/week
Hourly

$18.3

Weekly

$730

Monthly

$3,165

Tellers Salary Distribution in Chattanooga, TN-GA

Career progression for Tellers typically involves moving from entry-level positions to more senior roles, which are compensated at higher salary levels. While specific percentile data is unavailable, the typical salary range for Tellers in Chattanooga likely shows a significant increase from the bottom 25% to the top 75%, reflecting the value of experience and expanded responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,640$14.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$28,485$13.7
ManagerOversees team, compliance, and project delivery.50% (Median)$37,220$17.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$47,475$22.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$45,860$22

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$37,980

Gross Pay

Real Wage (Purchasing Power)

$37,980

Adjusted for COL (100)

The average annual salary of $37,980 in Chattanooga, TN-GA aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in Chattanooga is equivalent to the national average, offering a stable financial footing for residents.

Job Market Context

680

Total Jobs

2.508

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Chattanooga, TN-GA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

A Location Quotient of 1.14 indicates that Tellers are 14% more concentrated in Chattanooga, TN-GA than in the average U.S. metropolitan area. This suggests a healthy and slightly more robust job market for Tellers in the region, potentially offering more opportunities and a competitive environment for those seeking employment.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Cleveland, TN Tellers Salary$35,540↓ 6%23 mi
Dalton, GA Tellers Salary$38,360↑ 1%26 mi
Rome, GA Tellers Salary$37,820↓ 0%55 mi
Huntsville, AL Tellers Salary$38,750↑ 2%83 mi
Gadsden, AL Tellers Salary$33,630↓ 11%85 mi

Comparing salaries near Chattanooga, TN-GA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Chattanooga, TN-GA?

The median annual salary for a Tellers in Chattanooga, TN-GA is $37,980. This typically ranges from $30,640 for entry-level positions to $45,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Chattanooga, TN-GA is 7.2% lower than the national median of $40,940.

Is Chattanooga, TN-GA a lucrative place for Tellers?

No, not significantly more lucrative than the national average.While the cost of living is on par with the national average, the average Teller salary in Chattanooga is slightly below the national average. The market is slightly more concentrated, but this does not translate to higher pay.

Is Chattanooga, TN-GA a good place to live for Tellers?

The Cost of Living Index in Chattanooga, TN-GA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Chattanooga, TN-GA?

Some top paying nearby cities include Cleveland, TN ($35,540) and Dalton, GA.

What is the average salary for a Teller in Chattanooga, TN-GA?

The average annual salary for a Teller in Chattanooga, TN-GA is $37,980.

How does Chattanooga's cost of living compare to the national average?

Chattanooga, TN-GA has a Cost of Living Index of 100, which is exactly the same as the national average.

Are there many Teller jobs in Chattanooga, TN-GA?

With 2.508 jobs per 1,000 workers and a Location Quotient of 1.14, Chattanooga has a slightly higher concentration of Teller positions than the national average, indicating a stable job market.

How does experience affect a Teller's salary in Chattanooga?

While specific data isn't available, typically, more experienced Tellers command higher salaries than entry-level positions, reflecting increased responsibilities and expertise within the role.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Chattanooga, TN-GA area with a job density of 2.508 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 Chattanooga, TN-GA