SalaryNode

Average Tellers Salary in Columbus, OH

Tellers in Columbus, OH, earn an average annual salary of $42,530, slightly surpassing the national average of $40,940. This favorable compensation is influenced by the specific economic landscape and demand within the Columbus metropolitan area. The local market dynamics play a crucial role in setting the pay scale for these essential financial service professionals.

Executive Summary

  • Average Salary: $42,530 per year.
  • Growth Trend: Salaries have shifted 34.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $53,260.
  • Outlook: With a local workforce of 2,420 Tellers and a Location Quotient of 1.01, Columbus presents a stable and slightly above-average concentration of these roles compared to the national benchmark. This indicates a consistent demand for Tellers, suggesting a robust job market that can support the current workforce and potentially offer opportunities for new entrants.
2024 Market Data

Salary Overview

$42,530

The average Tellers in Columbus, OH earns+3.9%above the national average.

BreakdownBased on 40h/week
Hourly

$20.5

Weekly

$818

Monthly

$3,544

Tellers Salary Distribution in Columbus, OH

Career progression for Tellers in Columbus, OH, is typically marked by increasing salary potential. Entry-level positions may start closer to the lower end of the pay scale, while experienced Tellers with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings reflect this growth, with senior Tellers earning substantially more than their junior counterparts.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,960$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,898$15.3
ManagerOversees team, compliance, and project delivery.50% (Median)$39,230$18.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,163$25.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$53,260$25.6

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$42,530

Gross Pay

Real Wage (Purchasing Power)

$42,530

Adjusted for COL (100)

The average annual salary of $42,530 in Columbus, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Columbus is equivalent to the national average, offering a balanced financial environment for residents.

Job Market Context

2,420

Total Jobs

2.227

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Columbus, OH has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

Columbus, OH, exhibits a Location Quotient of 1.01 for Tellers, indicating a job market that is very closely aligned with the national average in terms of concentration. This suggests a competitive yet stable environment where the number of Tellers is proportionate to the overall workforce, implying steady demand without excessive saturation.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
North Northeastern Ohio nonmetropolitan area (noncontiguous) Tellers Salary$40,340↓ 5%32 mi
West Northwestern Ohio nonmetropolitan area Tellers Salary$38,110↓ 10%32 mi
Eastern Ohio nonmetropolitan area Tellers Salary$38,720↓ 9%32 mi
Southern Ohio nonmetropolitan area Tellers Salary$39,850↓ 6%32 mi
Springfield, OH Tellers Salary$41,320↓ 3%42 mi

Comparing salaries near Columbus, OH

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Columbus, OH?

The median annual salary for a Tellers in Columbus, OH is $42,530. This typically ranges from $35,960 for entry-level positions to $53,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Columbus, OH is 3.9% higher than the national median of $40,940.

Is Columbus, OH a lucrative place for Tellers?

Yes, Columbus, OH offers a slightly above-average earning potential for Tellers.Tellers in Columbus earn $42,530 annually, exceeding the national average. Coupled with a cost of living that matches the national average, this makes the city a financially sound location for this profession.

Is Columbus, OH a good place to live for Tellers?

The Cost of Living Index in Columbus, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Columbus, OH?

Some top paying nearby cities include North Northeastern Ohio nonmetropolitan area (noncontiguous) ($40,340) and West Northwestern Ohio nonmetropolitan area.

How does the Columbus Teller salary compare to the national average?

The average annual salary for Tellers in Columbus, OH is $42,530, which is higher than the national average of $40,940.

What is the concentration of Tellers in Columbus, OH?

Columbus, OH has a Location Quotient of 1.01 for Tellers, meaning the concentration of this profession is slightly above the national average.

How does the cost of living in Columbus affect a Teller's salary?

With a Cost of Living Index of 100, Columbus matches the national average, indicating that the $42,530 salary offers purchasing power equivalent to the national median.

What does the total local workforce size suggest about Teller jobs in Columbus?

A total local workforce of 2,420 Tellers suggests a significant presence and consistent demand for these roles within the Columbus financial sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,420 employees in the Columbus, OH area with a job density of 2.227 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 Columbus, OH