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Average Tellers Salary in East Georgia nonmetropolitan area

Tellers in the East Georgia nonmetropolitan area earn an average annual salary of $35,700. This figure is notably below the national average of $40,940, reflecting regional economic factors and the specific demand for banking services in this locale. The lower average salary is often a characteristic of nonmetropolitan areas where the cost of labor and the scale of financial institutions may differ from urban centers.

Executive Summary

  • Average Salary: $35,700 per year.
  • Growth Trend: Salaries have shifted 25.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,910.
  • Outlook: The East Georgia nonmetropolitan area supports a local workforce of 350 Tellers, with 3.992 jobs per 1,000 workers. The Location Quotient of 1.81 indicates a concentration of Teller positions significantly higher than the national average, suggesting a robust local demand and a specialized job market for these professionals within the region.
2024 Market Data

Salary Overview

$35,700

The average Tellers in East Georgia nonmetropolitan area earns-12.8%below the national average.

BreakdownBased on 40h/week
Hourly

$17.2

Weekly

$687

Monthly

$2,975

Tellers Salary Distribution in East Georgia 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 senior Tellers with extensive experience and specialized skills can command higher salaries. The percentile gaps in salary distribution signify opportunities for advancement and increased earning potential as one moves from junior to more experienced roles within the banking industry.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,130$13.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$26,775$12.9
ManagerOversees team, compliance, and project delivery.50% (Median)$35,910$17.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$44,625$21.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$45,910$22.1

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$35,700

Gross Pay

Real Wage (Purchasing Power)

$35,700

Adjusted for COL (100)

The nominal average annual salary for Tellers in East Georgia is $35,700. With a Cost of Living Index of 100, which is precisely the national average, the purchasing power of this salary is equivalent to the national standard. This means that while the nominal pay is lower than the national average, the cost of essential goods and services in East Georgia does not present an additional financial burden compared to the rest of the country.

Job Market Context

350

Total Jobs

3.992

Per 1K Jobs

1.81

Location Quotient

Major Hub

East Georgia nonmetropolitan area has 1.8x 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.

The Location Quotient of 1.81 for Tellers in the East Georgia nonmetropolitan area signifies a substantial concentration of these roles relative to the national average. This indicates that the region has a higher proportion of Teller employment opportunities than most other areas, suggesting a potentially competitive market for job seekers but also a strong presence and demand for banking service professionals within the local economy.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near East Georgia nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in East Georgia nonmetropolitan area?

The median annual salary for a Tellers in East Georgia nonmetropolitan area is $35,700. This typically ranges from $28,130 for entry-level positions to $45,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Georgia nonmetropolitan area is 12.8% lower than the national median of $40,940.

Is East Georgia nonmetropolitan area a lucrative place for Tellers?

No, it is not a particularly lucrative place for Tellers.The average salary of $35,700 is below the national average, although the cost of living is also at the national average. The high concentration of jobs (LQ of 1.81) indicates demand, but not necessarily high compensation.

Is East Georgia nonmetropolitan area a good place to live for Tellers?

The Cost of Living Index in East Georgia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near East Georgia nonmetropolitan area?

Some top paying nearby cities include Macon-Bibb County, GA ($38,280) and Warner Robins, GA.

How does the Teller salary in East Georgia compare to the national average?

The average annual salary for Tellers in East Georgia is $35,700, which is lower than the national average of $40,940.

What is the significance of the Location Quotient (LQ) for Tellers in East Georgia?

An LQ of 1.81 means that Teller jobs are 81% more concentrated in East Georgia compared to the national average, indicating a higher demand or a specialized market for these roles in the region.

Does the Cost of Living in East Georgia affect the value of the Teller salary?

No, the Cost of Living Index is 100, which is the national average. Therefore, the $35,700 salary has the same purchasing power in East Georgia as the national average salary has across the country.

How many Tellers are employed in the East Georgia nonmetropolitan area?

There are approximately 350 Tellers employed in the East Georgia nonmetropolitan area, representing 3.992 jobs per 1,000 workers in the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the East Georgia nonmetropolitan area area with a job density of 3.992 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.