Tellers in Florida earn an average annual salary of $42,590, which is notably higher than the national average of $40,940. This elevated compensation can be attributed to a combination of factors, including the state's dynamic economic landscape and the specific demand within its financial sector.
Executive Summary
- Average Salary: $42,590 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,400.
- Outlook: With a substantial local workforce of 13,190 Tellers, Florida presents a significant employment base for this profession. The Location Quotient of 0.61 suggests that while Tellers are present, the concentration is slightly below the national average, indicating a potentially stable but not oversaturated job market.
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Tellers' salaries in Florida have experienced a steady upward trend over the past four years, mirroring national economic growth and inflation. This general progression is typical for roles within the financial services industry, driven by evolving responsibilities and the need to attract and retain qualified personnel.
Tellers Salary Distribution in Florida
Career progression for Tellers in Florida typically involves salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher than the average. The widening gap between entry-level and senior roles reflects the value placed on expertise and tenure in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,630 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,943 | $15.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,120 | $21.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,238 | $25.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $48,400 | $23.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$42,590
Gross Pay
Real Wage (Purchasing Power)
$41,632
Adjusted for COL (102.3)
The average annual salary of $42,590 in Florida for Tellers aligns closely with the state's Cost of Living Index of 102.3. This means that while the nominal salary is slightly above the national average, the cost of goods and services is also marginally higher, suggesting that the purchasing power of a Teller's salary in Florida is roughly on par with the national average.
Job Market Context
13,190
Total Jobs
1.344
Per 1K Jobs
0.61
Location Quotient
Florida has 0.61x 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.
A Location Quotient of 0.61 indicates that Tellers are less concentrated in Florida compared to the national average. This suggests that the job market for Tellers in Florida might be less competitive than in other regions, potentially offering more opportunities for job seekers relative to the number of available positions when compared to the national landscape.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Sebring, FL Tellers Salary | $41,250↓ 3% | 25 mi |
| Lakeland-Winter Haven, FL Tellers Salary | $40,770↓ 4% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Tellers Salary | $42,930↑ 1% | 49 mi |
| Orlando-Kissimmee-Sanford, FL Tellers Salary | $42,480↓ 0% | 57 mi |
| North Port-Bradenton-Sarasota, FL Tellers Salary | $43,850↑ 3% | 58 mi |
Comparing salaries near Florida
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Florida?
The median annual salary for a Tellers in Florida is $42,590. This typically ranges from $35,630 for entry-level positions to $48,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florida is 4.0% higher than the national median of $40,940.
Is Florida a lucrative place for Tellerss?
Yes, Florida offers a slightly more lucrative environment for Tellers.Tellers in Florida earn an average of $42,590 annually, surpassing the national average. While the cost of living is slightly higher, the increased salary provides a comparable or slightly better financial standing.
Is Florida a good place to live for Tellers?
The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florida?
Some top paying nearby cities include Sebring, FL ($41,250) and Lakeland-Winter Haven, FL.
How does the number of Tellers in Florida compare to the national average?
Florida has a substantial workforce of 13,190 Tellers. However, its Location Quotient of 0.61 suggests a lower concentration of Tellers relative to the national average, indicating a potentially less saturated market.
What is the cost of living for Tellers in Florida?
The Cost of Living Index in Florida is 102.3, meaning it is slightly more expensive to live there than the national average (100). This is a key factor when considering the real value of the $42,590 average salary.
Are there many job opportunities for Tellers in Florida?
With 1.344 Tellers per 1,000 workers, the job availability is present, and the Location Quotient of 0.61 suggests it might be less competitive than the national average, potentially leading to good opportunities.
How does experience affect a Teller's salary in Florida?
Experience significantly impacts Teller salaries in Florida, with senior roles commanding higher pay than entry-level positions. The progression in salary reflects increased responsibility and skill development within the role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 13,190 employees in the Florida area with a job density of 1.344 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 Florida