Average Tellers Salary in Kingston, NY
Tellers in Kingston, NY, earn an average annual salary of $41,970, which is notably higher than the national average of $40,940. This localized premium is often driven by specific regional economic factors and the demand within the local financial sector. The concentration of Tellers in this area suggests a specialized need that influences compensation.
Executive Summary
- Average Salary: $41,970 per year.
- Growth Trend: Salaries have shifted 17.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,160.
- Outlook: Kingston, NY, presents a robust job market for Tellers, evidenced by a local workforce of 200 individuals in this role. The Location Quotient of 1.56 indicates a significantly higher concentration of Tellers compared to the national average, suggesting strong local demand and a potentially stable job outlook for those in this profession.
Salary Overview
The average Tellers in Kingston, NY earns+2.5%above the national average.
$20.2
$807
$3,498
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Kingston, NY, is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for financial services, and evolving teller responsibilities likely contribute to salary growth in this sector.
Tellers Salary Distribution in Kingston, NY
The salary progression for Tellers in Kingston, NY, typically scales 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 difference between entry-level and senior roles, often reflected in salary percentiles, signifies clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,950 | $17.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,478 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,170 | $20.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,463 | $25.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,160 | $22.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$41,970
Gross Pay
Real Wage (Purchasing Power)
$41,970
Adjusted for COL (100)
With an average annual salary of $41,970 and a Cost of Living Index of 100, Tellers in Kingston, NY, find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary in Kingston is comparable to the national average, offering a stable financial foundation without significant cost-of-living advantages or disadvantages.
Job Market Context
200
Total Jobs
3.44
Per 1K Jobs
1.56
Location Quotient
Kingston, NY 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 1.56 for Tellers in Kingston, NY, signifies a market where this profession is 56% more concentrated than the national average. This indicates a strong, established presence of Tellers, suggesting a competitive yet potentially stable job market with consistent demand for these financial service professionals.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Tellers Salary | $42,040↑ 0% | 42 mi |
| Southwest New York nonmetropolitan area Tellers Salary | $38,880↓ 7% | 51 mi |
| Central East New York nonmetropolitan area Tellers Salary | $40,970↓ 2% | 51 mi |
| Capital/Northern New York nonmetropolitan area Tellers Salary | $39,160↓ 7% | 51 mi |
| Albany-Schenectady-Troy, NY Tellers Salary | $40,810↓ 3% | 52 mi |
Comparing salaries near Kingston, NY
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Kingston, NY?
The median annual salary for a Tellers in Kingston, NY is $41,970. This typically ranges from $36,950 for entry-level positions to $47,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kingston, NY is 2.5% higher than the national median of $40,940.
Is Kingston, NY a lucrative place for Tellers?
Yes, Kingston, NY offers a slightly more lucrative environment for Tellers compared to the national average.Tellers in Kingston earn approximately $1,030 more annually than the national average, and with a cost of living at the national average, this translates to slightly better real earnings.
Is Kingston, NY a good place to live for Tellers?
The Cost of Living Index in Kingston, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kingston, NY?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($42,040) and Southwest New York nonmetropolitan area.
How does the Kingston, NY Teller salary compare to the national average?
The average annual salary for Tellers in Kingston, NY is $41,970, which is $1,030 higher than the national average of $40,940.
What is the Cost of Living in Kingston, NY for Tellers?
The Cost of Living Index in Kingston, NY is 100, which is exactly the national average. This means the cost of goods and services is comparable to the rest of the country.
How concentrated is the Teller job market in Kingston, NY?
Kingston, NY has a Teller concentration (Location Quotient) of 1.56, meaning the profession is 56% more common there than the national average, indicating strong local demand.
How many Tellers are there in Kingston, NY?
There are approximately 200 Tellers employed in Kingston, NY, representing 3.44 jobs per 1,000 workers in the local economy.
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 Kingston, NY area with a job density of 3.44 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 Kingston, NY