Average Tellers Salary in Dothan, AL
In Dothan, Alabama, Tellers earn an average annual salary of $35,930. This figure is notably below the national average of $40,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within the Dothan market. The cost of living in Dothan aligns perfectly with the national average, suggesting that while nominal wages are lower, purchasing power may be more balanced.
Executive Summary
- Average Salary: $35,930 per year.
- Growth Trend: Salaries have shifted 22.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $42,570.
- Outlook: With a total local workforce of 200 Tellers and a Location Quotient of 1.52, Dothan exhibits a concentration of these roles significantly above the national average. This suggests a robust local demand for Tellers, potentially offering more job opportunities relative to the size of the workforce compared to other areas. The presence of 3.345 jobs per 1,000 workers further underscores this localized demand.
Salary Overview
The average Tellers in Dothan, AL earns-12.2%below the national average.
$17.3
$691
$2,994
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Teller salaries in Dothan, AL, have experienced gradual growth over the past four years, mirroring national trends in the financial sector. This growth is typically driven by inflation, increased responsibilities, and the evolving nature of banking services, which necessitate continuous adaptation and skill development for Tellers.
Tellers Salary Distribution in Dothan, AL
Career progression for Tellers in Dothan, AL, 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 higher salaries, potentially reaching into the upper percentiles. The salary gap between junior and senior Tellers signifies opportunities for advancement and increased earning potential within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,360 | $14.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,948 | $13 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,210 | $17.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $44,913 | $21.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $42,570 | $20.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$35,930
Gross Pay
Real Wage (Purchasing Power)
$35,930
Adjusted for COL (100)
The nominal average annual salary of $35,930 for Tellers in Dothan, AL, is directly comparable to the national average cost of living index of 100. This means that the purchasing power of a Teller's salary in Dothan is likely on par with the national average, offering a stable financial environment where the income can meet typical living expenses without significant strain relative to other regions.
Job Market Context
200
Total Jobs
3.345
Per 1K Jobs
1.52
Location Quotient
Dothan, AL has 1.5x 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.
Dothan, AL, presents a market with a significant concentration of Teller positions, as indicated by a Location Quotient of 1.52. This suggests that Tellers are more prevalent in Dothan than the national average, implying a higher demand or a more specialized local banking industry that relies heavily on these roles. This elevated concentration could translate to more job openings and potentially greater competition among Tellers for available positions.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Panama City-Panama City Beach, FL Tellers Salary | $42,700↑ 19% | 72 mi |
| Albany, GA Tellers Salary | $37,330↑ 4% | 76 mi |
| Crestview-Fort Walton Beach-Destin, FL Tellers Salary | $42,010↑ 17% | 77 mi |
| Tallahassee, FL Tellers Salary | $39,040↑ 9% | 87 mi |
| Montgomery, AL Tellers Salary | $37,470↑ 4% | 92 mi |
Comparing salaries near Dothan, AL
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Dothan, AL?
The median annual salary for a Tellers in Dothan, AL is $35,930. This typically ranges from $29,360 for entry-level positions to $42,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dothan, AL is 12.2% lower than the national median of $40,940.
Is Dothan, AL a lucrative place for Tellers?
No, not particularly lucrative compared to the national average.While Dothan, AL, shows a higher concentration of Teller jobs (LQ of 1.52), the average salary of $35,930 is below the national average of $40,940, making it less lucrative in nominal terms.
Is Dothan, AL a good place to live for Tellers?
The Cost of Living Index in Dothan, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dothan, AL?
Some top paying nearby cities include Panama City-Panama City Beach, FL ($42,700) and Albany, GA.
How does Dothan's Teller salary compare to the national average?
The average Teller salary in Dothan, AL, is $35,930, which is lower than the national average of $40,940.
What is the cost of living in Dothan, AL for Tellers?
Dothan, AL, has a cost of living index of 100, which is exactly the national average, suggesting that the local cost of goods and services is comparable to the rest of the country.
Is there high demand for Tellers in Dothan, AL?
Yes, the Location Quotient of 1.52 indicates a higher concentration of Teller jobs in Dothan compared to the national average, suggesting strong local demand.
What does a Location Quotient of 1.52 mean for Tellers in Dothan?
A Location Quotient of 1.52 signifies that Teller jobs are 52% more concentrated in Dothan, AL, than the national average, implying a more robust job market for this profession locally.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Dothan, AL area with a job density of 3.345 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 Dothan, AL