Average Tellers Salary in Clarksville, TN-KY
In Clarksville, TN-KY, Tellers can expect an average annual salary of $35,750. This figure falls below the national average of $40,940, indicating that local market dynamics and potentially a lower cost of living contribute to this compensation level. Understanding these regional pay scales is crucial for financial professionals in the area.
Executive Summary
- Average Salary: $35,750 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,830.
- Outlook: The Teller job market in Clarksville, TN-KY, while modest in size with a total local workforce of 290, shows a healthy concentration. The Location Quotient of 1.32 suggests that Tellers are more prevalent here than the national average, implying a stable demand for these roles within the local economy.
Salary Overview
The average Tellers in Clarksville, TN-KY earns-12.7%below the national average.
$17.2
$688
$2,979
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Teller salaries in Clarksville, TN-KY, have experienced gradual growth over the past four years, mirroring national trends. Economic shifts and inflation typically drive modest annual increases in compensation for most professions, including those in the financial sector.
Tellers Salary Distribution in Clarksville, TN-KY
Career progression for Tellers in Clarksville, TN-KY, typically involves moving from entry-level positions to more senior roles, which naturally commands higher salaries. While specific percentile data is unavailable, the typical salary range for Tellers can vary significantly, with senior Tellers potentially earning 20-30% more than their junior counterparts, reflecting increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,060 | $14 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,813 | $12.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,630 | $17.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $44,688 | $21.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,830 | $21.6 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$35,750
Gross Pay
Real Wage (Purchasing Power)
$35,750
Adjusted for COL (100)
With an average annual salary of $35,750 and a Cost of Living Index at the national average of 100, the nominal income in Clarksville, TN-KY, aligns directly with the national cost of living. This means that while the salary is lower than the national average, the purchasing power of that salary is comparable to the national standard.
Job Market Context
290
Total Jobs
2.903
Per 1K Jobs
1.32
Location Quotient
With a location quotient of 1.32, Clarksville, TN-KY has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.32 for Tellers in Clarksville, TN-KY, signifies a job market that is more concentrated with these professionals than the national average. This suggests a robust local demand and a potentially competitive environment for Tellers seeking employment, as the profession is a significant part of the local financial services landscape.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Tellers Salary | $39,210↑ 10% | 42 mi |
| Bowling Green, KY Tellers Salary | $35,530↓ 1% | 57 mi |
| East Tennessee nonmetropolitan area Tellers Salary | $34,400↓ 4% | 67 mi |
| South Central Tennessee nonmetropolitan area Tellers Salary | $34,710↓ 3% | 67 mi |
| West Tennessee nonmetropolitan area Tellers Salary | $34,090↓ 5% | 67 mi |
Comparing salaries near Clarksville, TN-KY
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Clarksville, TN-KY?
The median annual salary for a Tellers in Clarksville, TN-KY is $35,750. This typically ranges from $29,060 for entry-level positions to $44,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Clarksville, TN-KY is 12.7% lower than the national median of $40,940.
Is Clarksville, TN-KY a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.Tellers in Clarksville, TN-KY earn an average of $35,750, which is below the national average of $40,940. However, the local cost of living is also at the national average, making the salary's purchasing power comparable.
Is Clarksville, TN-KY a good place to live for Tellers?
The Cost of Living Index in Clarksville, TN-KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Clarksville, TN-KY?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($39,210) and Bowling Green, KY.
How does the Clarksville Teller salary compare to the national average?
The average annual salary for Tellers in Clarksville, TN-KY is $35,750, which is approximately 12.7% lower than the national average of $40,940.
What is the significance of the Location Quotient (LQ) for Tellers in Clarksville?
An LQ of 1.32 indicates that Tellers are 32% more concentrated in Clarksville, TN-KY, than in the average U.S. location, suggesting a higher relative demand or presence of this profession locally.
How does the Cost of Living in Clarksville affect the Teller salary?
With a Cost of Living Index of 100, Clarksville's cost of living is exactly at the national average. This means the $35,750 salary has purchasing power equivalent to the national average, despite being lower than the national salary average.
What does the total local workforce number imply for Teller jobs?
A total local workforce of 290 Tellers suggests a moderately sized but established professional community within Clarksville, TN-KY, indicating consistent opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Clarksville, TN-KY area with a job density of 2.903 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 Clarksville, TN-KY