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Average Tellers Salary in East Tennessee nonmetropolitan area

Tellers in the East Tennessee nonmetropolitan area earn an average annual salary of $34,400. This figure is notably below the national average of $40,940. The localized economic conditions and demand specific to this region significantly influence this pay scale, reflecting a different market dynamic compared to broader national trends.

Executive Summary

  • Average Salary: $34,400 per year.
  • Growth Trend: Salaries have shifted 33.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,320.
  • Outlook: With a local workforce of 550 Tellers, the East Tennessee nonmetropolitan area demonstrates a stable employment base for this role. The Location Quotient of 1.75 indicates a concentration of Teller positions significantly higher than the national average, suggesting a robust and relatively in-demand job market within this specific geographic niche.
2024 Market Data

Salary Overview

$34,400

The average Tellers in East Tennessee nonmetropolitan area earns-16.0%below the national average.

BreakdownBased on 40h/week
Hourly

$16.5

Weekly

$662

Monthly

$2,867

Tellers Salary Distribution in East Tennessee nonmetropolitan area

Career progression for Tellers in East Tennessee nonmetropolitan areas typically involves moving from entry-level positions to more experienced roles, which naturally commands higher compensation. While specific percentile data is unavailable, the typical salary range indicates that accumulating experience and potentially taking on more responsibility can lead to increased earnings, with senior Tellers earning more than their junior counterparts.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,330$13.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$25,800$12.4
ManagerOversees team, compliance, and project delivery.50% (Median)$35,290$17
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$43,000$20.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$44,320$21.3

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$34,400

Gross Pay

Real Wage (Purchasing Power)

$34,400

Adjusted for COL (100)

The average annual salary of $34,400 for Tellers in East Tennessee nonmetropolitan areas aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income within the local area is equivalent to the national standard, suggesting a balanced economic environment for residents.

Job Market Context

550

Total Jobs

3.853

Per 1K Jobs

1.75

Location Quotient

Major Hub

East Tennessee 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 1.75 signifies that Teller positions are 75% more concentrated in the East Tennessee nonmetropolitan area than the national average. This suggests a higher relative demand for Tellers in this region, potentially leading to more job opportunities and a more competitive market for employers seeking qualified candidates.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near East Tennessee nonmetropolitan area

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Frequently Asked Questions

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

The median annual salary for a Tellers in East Tennessee nonmetropolitan area is $34,400. This typically ranges from $28,330 for entry-level positions to $44,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Tennessee nonmetropolitan area is 16.0% lower than the national median of $40,940.

Is East Tennessee nonmetropolitan area a lucrative place for Tellers?

No, not compared to the national average.While the cost of living is average, the average Teller salary of $34,400 is significantly lower than the national average of $40,940.

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

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

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

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($39,210) and Clarksville, TN-KY.

How does the number of Tellers in East Tennessee compare nationally?

With 550 Tellers locally, the region has a significant presence, further emphasized by a Location Quotient of 1.75, indicating a higher concentration of these roles than the national average.

What is the job availability like for Tellers in this region?

The job market appears robust, with 3.853 Tellers per 1,000 workers and a Location Quotient of 1.75, suggesting a strong demand and concentration of these positions.

Does the Cost of Living affect the value of a Teller's salary in East Tennessee?

No, the Cost of Living Index is 100, meaning it is exactly at the national average. Therefore, the $34,400 salary has the same purchasing power locally as the national average salary does nationally.

How does experience impact a Teller's salary in East Tennessee?

While specific data isn't provided, typically, Tellers with more experience and advanced skills command higher salaries than entry-level positions, reflecting a standard career progression.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the East Tennessee nonmetropolitan area area with a job density of 3.853 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.