Average Tellers Salary in Eastern Ohio nonmetropolitan area
Tellers in the Eastern Ohio nonmetropolitan area earn an average annual salary of $38,720. This figure is slightly below the national average of $40,940, a common occurrence in regions with a lower cost of living and a more localized demand for banking services. The specific economic landscape and banking industry concentration in this area contribute to this salary differential.
Executive Summary
- Average Salary: $38,720 per year.
- Growth Trend: Salaries have shifted 34.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,920.
- Outlook: The Eastern Ohio nonmetropolitan area supports a dedicated workforce of 580 Tellers, indicating a stable presence within the local economy. With a Location Quotient of 1.92, Tellers are significantly more concentrated here than the national average, suggesting a robust demand and a specialized job market for these financial professionals.
Salary Overview
The average Tellers in Eastern Ohio nonmetropolitan area earns-5.4%below the national average.
$18.6
$745
$3,227
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Eastern Ohio's nonmetropolitan areas is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically drive modest annual increases in compensation for many roles, including those in the financial sector.
Tellers Salary Distribution in Eastern Ohio nonmetropolitan area
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data isn't available, the gap between starting salaries and those earned by experienced Tellers signifies opportunities for advancement and higher earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,200 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,040 | $14 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,490 | $17.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $48,400 | $23.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,920 | $22.1 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$38,720
Gross Pay
Real Wage (Purchasing Power)
$38,720
Adjusted for COL (100)
The average annual salary of $38,720 in Eastern Ohio's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power effectively within the local economy, offering a stable financial standing for Tellers residing in the region.
Job Market Context
580
Total Jobs
4.231
Per 1K Jobs
1.92
Location Quotient
Eastern Ohio nonmetropolitan area has 1.9x 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 1.92 for Tellers in Eastern Ohio's nonmetropolitan area signifies a job market that is nearly twice as concentrated as the national average. This indicates a strong local demand and a specialized employment landscape where Tellers are a more prominent feature of the workforce compared to other regions.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Tellers Salary | $39,740↑ 3% | 29 mi |
| Columbus, OH Tellers Salary | $42,530↑ 10% | 32 mi |
| Springfield, OH Tellers Salary | $41,320↑ 7% | 63 mi |
| Sandusky, OH Tellers Salary | $40,900↑ 6% | 73 mi |
| Lima, OH Tellers Salary | $39,880↑ 3% | 75 mi |
Comparing salaries near Eastern Ohio nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Eastern Ohio nonmetropolitan area?
The median annual salary for a Tellers in Eastern Ohio nonmetropolitan area is $38,720. This typically ranges from $31,200 for entry-level positions to $45,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern Ohio nonmetropolitan area is 5.4% lower than the national median of $40,940.
Is Eastern Ohio nonmetropolitan area a lucrative place for Tellers?
No, but it offers excellent value.While the average salary of $38,720 is below the national average, the cost of living is also at the national average, meaning your earnings have good purchasing power. The high concentration of Tellers suggests job availability.
Is Eastern Ohio nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Eastern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern Ohio nonmetropolitan area?
Some top paying nearby cities include Mansfield, OH ($39,740) and Columbus, OH.
How does the number of Tellers in Eastern Ohio compare nationally?
With 4.231 Tellers per 1,000 workers, this region has a notable presence, especially considering its nonmetropolitan status.
What does a Location Quotient of 1.92 mean for Tellers?
It means Tellers are employed in this region at a rate 92% higher than the national average, indicating strong local demand.
Is the job market for Tellers competitive in this area?
The high Location Quotient suggests a market where Tellers are in demand, potentially making it less competitive for qualified individuals seeking employment.
How does the cost of living impact the salary for Tellers in Eastern Ohio?
With a Cost of Living Index of 100, the $38,720 salary provides purchasing power equivalent to the national average, making it a stable income.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Eastern Ohio nonmetropolitan area area with a job density of 4.231 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 Eastern Ohio nonmetropolitan area