Average Tellers Salary in Kahului-Wailuku, HI
Tellers in Kahului-Wailuku, HI, earn an average annual salary of $44,260, which is notably higher than the national average of $40,940. This elevated pay is often influenced by the unique economic landscape and potentially higher operational costs associated with island locations, reflecting a localized premium for essential financial service roles.
Executive Summary
- Average Salary: $44,260 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,980.
- Outlook: The Kahului-Wailuku area supports a local workforce of 200 Tellers, with 2.814 jobs per 1,000 workers. The Location Quotient of 1.28 indicates a concentration of Tellers that is 28% higher than the national average, suggesting a robust and potentially growing demand for these professionals within the local market.
Salary Overview
The average Tellers in Kahului-Wailuku, HI earns+8.1%above the national average.
$21.3
$851
$3,688
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in Kahului-Wailuku have experienced growth over the past four years, mirroring national trends of gradual wage increases driven by inflation, evolving job responsibilities, and market demand. This upward trajectory likely ensures that Tellers in this region continue to see their compensation keep pace with economic shifts.
Tellers Salary Distribution in Kahului-Wailuku, HI
Career progression for Tellers typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command salaries significantly above the average. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,250 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,195 | $16 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,080 | $21.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,325 | $26.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $49,980 | $24 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$44,260
Gross Pay
Real Wage (Purchasing Power)
$44,260
Adjusted for COL (100)
With an average annual salary of $44,260 and a Cost of Living Index of 100, Tellers in Kahului-Wailuku, HI, find their nominal earnings directly align with the national average cost of living. This means that while the salary is higher than the national average, the purchasing power of that salary is comparable to what a Teller would experience in a typical U.S. location.
Job Market Context
200
Total Jobs
2.814
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Kahului-Wailuku, HI has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.28 for Tellers in Kahului-Wailuku signifies a market where this profession is more concentrated than the national average. This suggests a healthy demand and a potentially competitive environment for Tellers, as businesses in the area rely more heavily on these roles relative to the overall workforce compared to national trends.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Hawaii / Kauai nonmetropolitan area Tellers Salary | $42,400↓ 4% | 69 mi |
Comparing salaries near Kahului-Wailuku, HI
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Kahului-Wailuku, HI?
The median annual salary for a Tellers in Kahului-Wailuku, HI is $44,260. This typically ranges from $38,250 for entry-level positions to $49,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kahului-Wailuku, HI is 8.1% higher than the national median of $40,940.
Is Kahului-Wailuku, HI a lucrative place for Tellers?
Yes, it offers a competitive advantage.Tellers in Kahului-Wailuku earn above the national average salary, and while the cost of living is at the national average, the higher pay provides a better financial standing.
Is Kahului-Wailuku, HI a good place to live for Tellers?
The Cost of Living Index in Kahului-Wailuku, HI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kahului-Wailuku, HI?
Some top paying nearby cities include Hawaii / Kauai nonmetropolitan area ($42,400) and others.
How does the Kahului-Wailuku Teller salary compare to the national average?
The average annual salary for Tellers in Kahului-Wailuku, HI, is $44,260, which is $3,320 higher than the national average of $40,940.
What is the concentration of Tellers in Kahului-Wailuku, HI?
The Location Quotient for Tellers in Kahului-Wailuku is 1.28, indicating that the profession is 28% more concentrated than the national average.
How does the Cost of Living in Kahului-Wailuku affect Teller salaries?
The Cost of Living Index in Kahului-Wailuku is 100, which is the national average. This means the higher nominal salary of $44,260 offers purchasing power equivalent to the national average.
What is the total number of Tellers in the Kahului-Wailuku workforce?
There are approximately 200 Tellers employed within the Kahului-Wailuku, HI, local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Kahului-Wailuku, HI area with a job density of 2.814 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 Kahului-Wailuku, HI