In Flint, Michigan, Tellers earn an average annual salary of $39,440. This figure is slightly below the national average of $40,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within the Flint metropolitan area. The cost of living in Flint aligns perfectly with the national average, making this salary's purchasing power stable.
Executive Summary
- Average Salary: $39,440 per year.
- Growth Trend: Salaries have shifted 21.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,180.
- Outlook: Flint, MI supports a dedicated workforce of 470 Tellers, with a jobs-per-1,000-workers ratio of 3.545. The Location Quotient of 1.61 signifies a notably higher concentration of Tellers in Flint compared to the national average, suggesting a robust and potentially growing demand for these financial professionals within the local market.
Tellers Salary Trends (2020-2024)
While specific historical data for Flint's Tellers 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 incremental increases in compensation for roles like Tellers, ensuring their pay remains competitive within the evolving local job market.
Tellers Salary Distribution in Flint, MI
Career progression for Tellers in Flint, MI, typically involves a salary increase from entry-level positions to senior roles. While exact figures vary, experienced Tellers can expect to earn significantly more than their less experienced counterparts, with percentile gaps reflecting the value placed on accumulated skills, customer service expertise, and operational knowledge.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,870 | $15.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,580 | $14.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,490 | $18 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,300 | $23.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,180 | $22.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,440
Gross Pay
Real Wage (Purchasing Power)
$39,440
Adjusted for COL (100)
The average Tellers salary of $39,440 in Flint, MI, is perfectly balanced by the local Cost of Living Index, which stands at 100 (the national average). This means that the nominal salary offers a purchasing power equivalent to the national average, making it a stable financial proposition for individuals considering relocation.
Job Market Context
470
Total Jobs
3.545
Per 1K Jobs
1.61
Location Quotient
Flint, MI has 1.6x 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.
With a Location Quotient of 1.61, Flint, MI, demonstrates a significantly higher concentration of Tellers than the national average. This suggests a more competitive job market for Tellers in Flint, where demand is relatively strong compared to the number of available positions, potentially offering more opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Saginaw, MI Tellers Salary | $37,180↓ 6% | 30 mi |
| Bay City, MI Tellers Salary | $34,750↓ 12% | 40 mi |
| Mid Michigan nonmetropolitan area Tellers Salary | $37,070↓ 6% | 47 mi |
| Southern Michigan nonmetropolitan area Tellers Salary | $37,630↓ 5% | 47 mi |
| Northern Michigan nonmetropolitan area Tellers Salary | $36,980↓ 6% | 47 mi |
Comparing salaries near Flint, MI
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Flint, MI?
The median annual salary for a Tellers in Flint, MI is $39,440. This typically ranges from $31,870 for entry-level positions to $47,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Flint, MI is 3.7% lower than the national median of $40,940.
Is Flint, MI a lucrative place for Tellers?
Yes, with stable purchasing power.While the average salary is slightly below the national average, Flint's cost of living matches the national average, ensuring stable purchasing power. The high concentration of Tellers also indicates strong local demand.
Is Flint, MI a good place to live for Tellers?
The Cost of Living Index in Flint, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Flint, MI?
Some top paying nearby cities include Saginaw, MI ($37,180) and Bay City, MI.
How does Flint's Tellers salary compare to the national average?
The average annual salary for Tellers in Flint, MI is $39,440, which is slightly lower than the national average of $40,940.
What is the concentration of Tellers in Flint, MI?
Flint, MI has a Location Quotient of 1.61 for Tellers, indicating a concentration 61% higher than the national average.
How does the cost of living in Flint affect Tellers' salaries?
Flint's Cost of Living Index is 100, matching the national average. This means the $39,440 salary offers purchasing power equivalent to the national average.
What does the job market look like for Tellers in Flint?
With 470 Tellers and a Location Quotient of 1.61, the market shows a higher-than-average concentration, suggesting steady demand and potentially good opportunities for qualified individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Flint, MI area with a job density of 3.545 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 Flint, MI