SalaryNode

Average Tellers Salary in Gainesville, FL

In Gainesville, FL, Tellers earn an average annual salary of $41,290, which is slightly above the national average of $40,940. This parity suggests that local economic factors and the demand for banking services in Gainesville align closely with national trends, influencing compensation levels for these essential financial roles.

Executive Summary

  • Average Salary: $41,290 per year.
  • Growth Trend: Salaries have shifted 26.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,410.
  • Outlook: With a total local workforce of 220 Tellers and a Location Quotient of 0.66, Gainesville presents a market with a slightly lower concentration of these roles compared to the national average. While the absolute number of workers is modest, the jobs per 1,000 workers indicates a steady, albeit not exceptionally high, demand for Tellers within the Gainesville area.
2024 Market Data

Salary Overview

$41,290

The average Tellers in Gainesville, FL earns+0.9%above the national average.

BreakdownBased on 40h/week
Hourly

$19.9

Weekly

$794

Monthly

$3,441

Tellers Salary Distribution in Gainesville, FL

The career path for Tellers in Gainesville typically involves salary progression based on experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries, reflecting increased responsibility and expertise. The variance in pay across different experience levels signifies clear opportunities for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,180$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,968$14.9
ManagerOversees team, compliance, and project delivery.50% (Median)$37,780$18.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,613$24.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,410$22.3

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$41,290

Gross Pay

Real Wage (Purchasing Power)

$41,290

Adjusted for COL (100)

The average annual salary of $41,290 in Gainesville, FL, is perfectly aligned with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Teller's salary in Gainesville is equivalent to the national average, making it neither significantly more nor less affordable than other areas.

Job Market Context

220

Total Jobs

1.462

Per 1K Jobs

0.66

Location Quotient

Below Average

Gainesville, FL has 0.66x 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.

Gainesville, FL, has a Location Quotient of 0.66 for Tellers, indicating that the concentration of these jobs is below the national average. This suggests that while Tellers are present and employed, the market is not saturated, and the demand might be more specialized or less widespread compared to national hubs for this profession.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Ocala, FL Tellers Salary$42,920↑ 4%37 mi
Jacksonville, FL Tellers Salary$43,510↑ 5%60 mi
Homosassa Springs, FL Tellers Salary$40,000↓ 3%61 mi
Wildwood-The Villages, FL Tellers Salary$41,020↓ 1%66 mi
Deltona-Daytona Beach-Ormond Beach, FL Tellers Salary$42,390↑ 3%87 mi

Comparing salaries near Gainesville, FL

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Gainesville, FL?

The median annual salary for a Tellers in Gainesville, FL is $41,290. This typically ranges from $36,180 for entry-level positions to $46,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Gainesville, FL is 0.9% higher than the national median of $40,940.

Is Gainesville, FL a lucrative place for Tellers?

No, not exceptionally lucrative, but stable.While the average salary of $41,290 is on par with the national average, the below-average location quotient suggests it's not a high-demand market. However, the cost of living also matches the national average, offering stable purchasing power.

Is Gainesville, FL a good place to live for Tellers?

The Cost of Living Index in Gainesville, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Gainesville, FL?

Some top paying nearby cities include Ocala, FL ($42,920) and Jacksonville, FL.

How does the Gainesville Teller salary compare to the national average?

The average annual salary for Tellers in Gainesville, FL, is $41,290, which is slightly higher than the national average of $40,940.

What is the Cost of Living in Gainesville, FL, for Tellers?

Gainesville, FL, has a Cost of Living Index of 100, which is exactly the national average. This means the salary of $41,290 offers purchasing power equivalent to the national average.

Is there high demand for Tellers in Gainesville, FL?

The Location Quotient of 0.66 suggests that the concentration of Teller jobs in Gainesville is below the national average, indicating moderate rather than high demand.

What does the Location Quotient of 0.66 mean for Tellers in Gainesville?

A Location Quotient of 0.66 signifies that there are fewer Tellers employed in Gainesville per capita compared to the national average, suggesting a less concentrated job market for this role.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Gainesville, FL area with a job density of 1.462 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 Gainesville, FL