Average Tellers Salary in Huntington-Ashland, WV-KY-OH
In Huntington-Ashland, WV-KY-OH, Tellers earn an average annual salary of $33,920. This figure is notably below the national average of $40,940, reflecting localized economic factors and demand specific to this tri-state region. The pay scale here is intrinsically tied to the unique economic landscape and the specific needs of financial institutions operating within this area.
Executive Summary
- Average Salary: $33,920 per year.
- Growth Trend: Salaries have shifted 13.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $42,950.
- Outlook: The Huntington-Ashland area supports a local workforce of 490 Tellers, indicating a stable, albeit not rapidly expanding, job market. With a Location Quotient of 1.58, the concentration of Teller positions is significantly higher than the national average, suggesting a robust demand relative to the size of the workforce. This concentration points to a healthy presence of these roles within the local economy.
Salary Overview
The average Tellers in Huntington-Ashland, WV-KY-OH earns-17.1%below the national average.
$16.3
$652
$2,827
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in Huntington-Ashland have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This typical upward trajectory in compensation is often driven by increased operational costs for businesses and a desire to retain experienced staff in a competitive local market.
Tellers Salary Distribution in Huntington-Ashland, WV-KY-OH
Career progression for Tellers in Huntington-Ashland typically involves a widening salary gap between entry-level and senior positions. As Tellers gain experience, develop specialized skills, and take on more complex responsibilities, their earning potential increases significantly. The variance in pay across different experience levels, often seen in percentile distributions, clearly signifies opportunities for career advancement and higher compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,360 | $13.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,440 | $12.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $34,130 | $16.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $42,400 | $20.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $42,950 | $20.6 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$33,920
Gross Pay
Real Wage (Purchasing Power)
$33,920
Adjusted for COL (100)
The nominal average salary of $33,920 in Huntington-Ashland aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the salary is below the national average, the purchasing power of that salary is equivalent to the national standard, suggesting that the cost of essential goods and services is comparable to the rest of the country.
Job Market Context
490
Total Jobs
3.477
Per 1K Jobs
1.58
Location Quotient
Huntington-Ashland, WV-KY-OH 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.
A Location Quotient of 1.58 for Tellers in Huntington-Ashland signifies a market where these roles are more concentrated than the national average. This suggests that the demand for Tellers is relatively strong within this specific region compared to other professions, potentially leading to more job opportunities and a competitive environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Charleston, WV Tellers Salary | $34,560↑ 2% | 44 mi |
| Parkersburg-Vienna, WV Tellers Salary | $31,470↓ 7% | 76 mi |
| Beckley, WV Tellers Salary | $31,980↓ 6% | 80 mi |
Comparing salaries near Huntington-Ashland, WV-KY-OH
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Huntington-Ashland, WV-KY-OH?
The median annual salary for a Tellers in Huntington-Ashland, WV-KY-OH is $33,920. This typically ranges from $28,360 for entry-level positions to $42,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Huntington-Ashland, WV-KY-OH is 17.1% lower than the national median of $40,940.
Is Huntington-Ashland, WV-KY-OH a lucrative place for Tellers?
No, but the cost of living balances it.The average salary of $33,920 is below the national average, indicating it's not exceptionally lucrative. However, with a Cost of Living Index at the national average of 100, the purchasing power of this salary is comparable to the national standard.
Is Huntington-Ashland, WV-KY-OH a good place to live for Tellers?
The Cost of Living Index in Huntington-Ashland, WV-KY-OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Huntington-Ashland, WV-KY-OH?
Some top paying nearby cities include Charleston, WV ($34,560) and Parkersburg-Vienna, WV.
How does the Huntington-Ashland Teller salary compare to the national average?
The average annual salary for Tellers in Huntington-Ashland is $33,920, which is significantly lower than the national average of $40,940.
What is the concentration of Tellers in Huntington-Ashland?
The Location Quotient for Tellers in Huntington-Ashland is 1.58, meaning the profession is 58% more concentrated in this area than the national average.
How does the cost of living affect the Teller salary in Huntington-Ashland?
The Cost of Living Index in Huntington-Ashland is 100, which is the national average. This means the lower nominal salary of $33,920 has a purchasing power equivalent to the national average.
What does the total local workforce size suggest about Teller jobs in Huntington-Ashland?
With a total local workforce of 490 Tellers, the market is substantial enough to offer consistent opportunities, though perhaps not rapid growth.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Huntington-Ashland, WV-KY-OH area with a job density of 3.477 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 Huntington-Ashland, WV-KY-OH