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Average Tellers Salary in El Paso, TX

Tellers in El Paso, TX earn an average annual salary of $36,850. This figure is notably below the national average of $40,940, indicating that local market dynamics and economic factors in El Paso may influence compensation levels for this role. The specific economic landscape and demand within the El Paso region directly shape the prevailing wage for banking professionals.

Executive Summary

  • Average Salary: $36,850 per year.
  • Growth Trend: Salaries have shifted 23.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,970.
  • Outlook: The El Paso job market for Tellers appears stable, with a local workforce of 680 individuals. The Location Quotient of 0.93 suggests that the concentration of Tellers in El Paso is slightly below the national average, implying a steady but not exceptionally high demand relative to other occupations. With 2.038 jobs per 1,000 workers, the presence of Tellers is consistent with broader employment trends.
2024 Market Data

Salary Overview

$36,850

The average Tellers in El Paso, TX earns-10.0%below the national average.

BreakdownBased on 40h/week
Hourly

$17.7

Weekly

$709

Monthly

$3,071

Tellers Salary Distribution in El Paso, TX

Career progression for Tellers in El Paso typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, the gap between starting and experienced Tellers' salaries signifies opportunities for professional development and increased earning potential as one gains more experience and takes on greater responsibilities within financial institutions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,250$13.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$27,638$13.3
ManagerOversees team, compliance, and project delivery.50% (Median)$37,340$18
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$46,063$22.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,970$23.1

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$36,850

Gross Pay

Real Wage (Purchasing Power)

$36,850

Adjusted for COL (100)

The average annual salary of $36,850 in El Paso, TX aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in El Paso is equivalent to the national average, suggesting that the nominal salary offers a comparable standard of living to what one would expect elsewhere in the country.

Job Market Context

680

Total Jobs

2.038

Per 1K Jobs

0.93

Location Quotient

Below Average

El Paso, TX has 0.93x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.93, El Paso's market for Tellers is slightly less concentrated than the national average. This indicates that while Tellers are a recognized occupation in the city, they do not represent an unusually high proportion of the local workforce compared to national benchmarks. The job market is neither saturated nor exceptionally scarce, suggesting a balanced environment for Teller employment.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Las Cruces, NM Tellers Salary$37,040↑ 1%39 mi

Comparing salaries near El Paso, TX

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in El Paso, TX?

The median annual salary for a Tellers in El Paso, TX is $36,850. This typically ranges from $28,250 for entry-level positions to $47,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in El Paso, TX is 10.0% lower than the national median of $40,940.

Is El Paso, TX a lucrative place for Tellers?

No, El Paso, TX is not a particularly lucrative place for Tellers compared to the national average.The average Teller salary in El Paso ($36,850) is below the national average ($40,940), although the cost of living is at the national average, meaning purchasing power is comparable.

Is El Paso, TX a good place to live for Tellers?

The Cost of Living Index in El Paso, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near El Paso, TX?

Some top paying nearby cities include Las Cruces, NM ($37,040) and others.

How does El Paso's Teller salary compare to the national average?

The average annual salary for Tellers in El Paso, TX is $36,850, which is lower than the national average of $40,940.

What is the cost of living in El Paso, TX for Tellers?

The cost of living in El Paso, TX is at the national average of 100, meaning that the purchasing power of a Teller's salary is equivalent to the national average.

How concentrated is the Teller job market in El Paso?

El Paso has a slightly lower concentration of Tellers than the national average, with a Location Quotient of 0.93, suggesting a stable but not overly abundant job market.

What is the total number of Tellers employed in El Paso?

There are approximately 680 Tellers employed in El Paso, TX, representing 2.038 jobs per 1,000 workers in the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the El Paso, TX area with a job density of 2.038 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in El Paso, TX