Average Tellers Salary in Farmington, NM
The average salary for a Tellers in Farmington, NM is $37,320. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Farmington, NM is a key hub for this profession, with a job concentration 1.22x higher than average.
Executive Summary
- Average Salary: $37,320 per year.
- Growth Trend: Salaries have shifted 28.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,020.
- Outlook: The current demand for Tellerss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Farmington, NM economy.
Salary Overview
The average Tellers in Farmington, NM earns-8.8%below the national average.
$17.9
$718
$3,110
Tellers Salary Trends (2020-2024)
Over the past 4 years, Tellers salaries in Farmington, NM have experienced a rapid surge, growing by 28.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Tellers Salary Distribution in Farmington, NM
The earning potential for Tellerss in Farmington, NM varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $28,400, while highly experienced professionals can command wages upwards of $44,020.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,400 | $13.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $27,990 | $13.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,050 | $18.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $46,650 | $22.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,020 | $21.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,320
Gross Pay
Real Wage (Purchasing Power)
$37,320
Adjusted for COL (100)
In Farmington, NM, the Cost of Living Index is 100. This increases your effective purchasing power from $37,320 to $37,320.
Job Market Context
120
Total Jobs
2.679
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Farmington, NM has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
120 people work as Tellers in Farmington, NM.
Moderate density — roughly 2.679 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Farmington, NM?
The median annual salary for a Tellers in Farmington, NM is $37,320. This typically ranges from $28,400 for entry-level positions to $44,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 8.8% lower than the national median of $40,940.
Is Farmington, NM a good place for Tellerss?
Yes, Farmington, NM is highly recommended due to strong job demand. While salaries are competitive ($37,320), the area is particularly notable for its high job density for Tellerss. See distinct detailed breakdown below.
Is Farmington, NM a good place to live for Tellers?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Farmington, NM area with a job density of 2.679 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 Farmington, NM