Average Tellers Salary in Eastern Washington nonmetropolitan area
Tellers in Eastern Washington's nonmetropolitan area earn an average annual salary of $43,930, which is notably higher than the national average of $40,940. This elevated compensation is likely influenced by the specific economic conditions and demand within this region, potentially reflecting a need to attract and retain skilled financial service professionals in areas with a smaller, more concentrated workforce.
Executive Summary
- Average Salary: $43,930 per year.
- Growth Trend: Salaries have shifted 25.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,450.
- Outlook: With a local workforce of 340 Tellers and a Location Quotient of 1.4, the job market in Eastern Washington's nonmetropolitan area indicates a stronger concentration of these roles compared to the national average. This suggests a stable, and potentially growing, demand for Tellers within the region, reflecting a robust employment landscape for this profession.
Salary Overview
The average Tellers in Eastern Washington nonmetropolitan area earns+7.3%above the national average.
$21.1
$845
$3,661
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Tellers salaries in Eastern Washington have experienced a steady upward trend over the past four years, mirroring national patterns of wage growth driven by inflation, increased responsibilities, and evolving banking technologies. This general growth trajectory likely contributes to the current competitive salary offering.
Tellers Salary Distribution in Eastern Washington nonmetropolitan area
As Tellers gain experience, their earning potential typically increases significantly. Entry-level positions may start closer to the lower end of the pay scale, while senior Tellers with extensive knowledge of financial products, customer service expertise, and potentially supervisory duties can command salaries well above the average. The percentile gaps in salary distribution reflect these opportunities for career progression and increased compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,230 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,948 | $15.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,450 | $21.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,913 | $26.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,450 | $22.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$43,930
Gross Pay
Real Wage (Purchasing Power)
$43,930
Adjusted for COL (100)
The average annual salary of $43,930 in Eastern Washington's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by Tellers in this region holds its purchasing power directly in line with the national average, offering a stable financial footing for residents.
Job Market Context
340
Total Jobs
3.088
Per 1K Jobs
1.4
Location Quotient
With a location quotient of 1.40, Eastern Washington nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.4 signifies that Tellers are 40% more concentrated in Eastern Washington's 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 competitive environment for employers seeking to fill these roles.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Seattle-Tacoma-Bellevue, WA Tellers Salary | $52,410↑ 19% | 42 mi |
| Wenatchee-East Wenatchee, WA Tellers Salary | $46,370↑ 6% | 54 mi |
| Bremerton-Silverdale-Port Orchard, WA Tellers Salary | $48,010↑ 9% | 58 mi |
| Olympia-Lacey-Tumwater, WA Tellers Salary | $49,130↑ 12% | 70 mi |
| Yakima, WA Tellers Salary | $44,550↑ 1% | 71 mi |
Comparing salaries near Eastern Washington nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Eastern Washington nonmetropolitan area?
The median annual salary for a Tellers in Eastern Washington nonmetropolitan area is $43,930. This typically ranges from $39,230 for entry-level positions to $47,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern Washington nonmetropolitan area is 7.3% higher than the national median of $40,940.
Is Eastern Washington nonmetropolitan area a lucrative place for Tellerss?
Yes, it offers a competitive salary.Tellers in this region earn an average of $43,930, exceeding the national average. Coupled with a cost of living index at the national average, this makes the area financially attractive for the profession.
Is Eastern Washington nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Eastern Washington nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern Washington nonmetropolitan area?
Some top paying nearby cities include Seattle-Tacoma-Bellevue, WA ($52,410) and Wenatchee-East Wenatchee, WA.
How does the local Teller workforce compare to the national average?
The local workforce of 340 Tellers, combined with a Location Quotient of 1.4, indicates a higher concentration of Tellers in Eastern Washington's nonmetropolitan area compared to the national average, suggesting greater regional importance for this role.
What is the significance of the Jobs per 1,000 Workers metric?
The figure of 3.088 jobs per 1,000 workers signifies the density of Teller positions within the local economy, providing insight into the prevalence of this occupation relative to the overall employed population in Eastern Washington's nonmetropolitan area.
How does experience impact a Teller's salary in this region?
While the average salary is $43,930, experienced Tellers with specialized skills or supervisory responsibilities can expect to earn significantly more, reflecting a clear career progression path with increased earning potential.
Is the cost of living a factor in Teller salaries in Eastern Washington?
The Cost of Living Index is exactly at the national average (100), meaning the $43,930 salary provides purchasing power equivalent to the national average, indicating that salary levels are set to reflect the local economic conditions without being inflated or depressed by cost of living differences.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Eastern Washington nonmetropolitan area area with a job density of 3.088 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 Washington nonmetropolitan area