Average Tellers Salary in Kingsport-Bristol, TN-VA
The average annual salary for Tellers in Kingsport-Bristol, TN-VA is $36,560, which is notably below the national average of $40,940. This disparity is often influenced by regional economic factors, the specific demand for banking services, and the overall cost of labor within the metropolitan area. Local market dynamics play a crucial role in shaping compensation for these essential financial service professionals.
Executive Summary
- Average Salary: $36,560 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,220.
- Outlook: With a total local workforce of 430 Tellers, Kingsport-Bristol demonstrates a significant concentration of these roles, indicated by a Location Quotient of 1.65. This suggests that Tellers are more prevalent in this area compared to the national average, implying a robust demand or a specialized local industry that relies heavily on these positions. The number of jobs per 1,000 workers (3.621) further reinforces the presence of a healthy job market for Tellers in this region.
Salary Overview
The average Tellers in Kingsport-Bristol, TN-VA earns-10.7%below the national average.
$17.6
$703
$3,047
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in Kingsport-Bristol, like in many other regions, have experienced a gradual upward trend over the past four years. This growth is typically driven by inflation, increasing demand for financial services, and the need for banks to retain skilled employees in a competitive market. Such trends suggest a potentially improving earning potential for Tellers in the area.
Tellers Salary Distribution in Kingsport-Bristol, TN-VA
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data isn't available, it's reasonable to assume that experienced Tellers in Kingsport-Bristol can command higher salaries than their less experienced counterparts. The gap between entry-level and senior-level pay signifies opportunities for advancement and increased earning potential within the Teller profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,890 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $27,420 | $13.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,160 | $17.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $45,700 | $22 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,220 | $21.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$36,560
Gross Pay
Real Wage (Purchasing Power)
$36,560
Adjusted for COL (100)
The nominal average annual salary of $36,560 in Kingsport-Bristol aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this region is comparable to the national average. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay may offer similar lifestyle opportunities as in other parts of the country.
Job Market Context
430
Total Jobs
3.621
Per 1K Jobs
1.65
Location Quotient
Kingsport-Bristol, TN-VA 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.
The Location Quotient of 1.65 for Tellers in Kingsport-Bristol indicates a significant concentration of these roles relative to the national average. A quotient above 1.0 suggests that Tellers are more abundant in this metropolitan area than would be expected based on the general U.S. workforce distribution. This could point to a strong local banking sector or specific economic drivers that favor the employment of Tellers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Johnson City, TN Tellers Salary | $36,400↓ 0% | 16 mi |
| Morristown, TN Tellers Salary | $35,150↓ 4% | 47 mi |
| Asheville, NC Tellers Salary | $42,620↑ 17% | 66 mi |
| Hickory-Lenoir-Morganton, NC Tellers Salary | $42,650↑ 17% | 87 mi |
| Knoxville, TN Tellers Salary | $37,370↑ 2% | 87 mi |
Comparing salaries near Kingsport-Bristol, TN-VA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Kingsport-Bristol, TN-VA?
The median annual salary for a Tellers in Kingsport-Bristol, TN-VA is $36,560. This typically ranges from $29,890 for entry-level positions to $44,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kingsport-Bristol, TN-VA is 10.7% lower than the national median of $40,940.
Is Kingsport-Bristol, TN-VA a lucrative place for Tellers?
No, not particularly lucrative compared to the national average.While the Cost of Living is average, the average Teller salary of $36,560 is below the national average of $40,940, indicating less lucrative earning potential.
Is Kingsport-Bristol, TN-VA a good place to live for Tellers?
The Cost of Living Index in Kingsport-Bristol, TN-VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kingsport-Bristol, TN-VA?
Some top paying nearby cities include Johnson City, TN ($36,400) and Morristown, TN.
How does the Kingsport-Bristol Teller salary compare to the national average?
The average Teller salary in Kingsport-Bristol is $36,560, which is $4,380 less than the national average of $40,940.
What does the Location Quotient of 1.65 mean for Tellers in Kingsport-Bristol?
A Location Quotient of 1.65 signifies that Tellers are 65% more concentrated in Kingsport-Bristol than the national average, suggesting a higher prevalence of these jobs in the local market.
Does the Cost of Living in Kingsport-Bristol affect Teller salaries?
The Cost of Living Index is 100, matching the national average. This means the $36,560 salary has the same purchasing power as the national average salary, despite being lower than the national average Teller wage.
How many Tellers work in Kingsport-Bristol?
There are approximately 430 Tellers employed within the Kingsport-Bristol, TN-VA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Kingsport-Bristol, TN-VA area with a job density of 3.621 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 Kingsport-Bristol, TN-VA