Average Tellers Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
In the Kiryas Joel-Poughkeepsie-Newburgh, NY area, Tellers earn an average annual salary of $42,040. This figure slightly surpasses the national average of $40,940, indicating a marginally more favorable compensation landscape for this role locally. The specific economic drivers and demand within this New York region contribute to this slight pay differential.
Executive Summary
- Average Salary: $42,040 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,750.
- Outlook: The Teller job market in Kiryas Joel-Poughkeepsie-Newburgh, NY, shows a healthy concentration with a Location Quotient of 1.1, suggesting a slightly higher presence of these roles compared to the national average. With a local workforce of 640 Tellers, the market appears stable and adequately supplied, offering consistent opportunities for professionals in this field.
Salary Overview
The average Tellers in Kiryas Joel-Poughkeepsie-Newburgh, NY earns+2.7%above the national average.
$20.2
$808
$3,503
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in the Kiryas Joel-Poughkeepsie-Newburgh, NY region have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by inflation, evolving banking needs, and the increasing demand for customer-facing financial services.
Tellers Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While exact percentile data isn't available, it's expected that experienced Tellers in Kiryas Joel-Poughkeepsie-Newburgh, NY, command higher salaries than their junior counterparts, reflecting accumulated skills and responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,350 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,530 | $15.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,760 | $20.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,550 | $25.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,750 | $22 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$42,040
Gross Pay
Real Wage (Purchasing Power)
$42,040
Adjusted for COL (100)
With an average annual salary of $42,040 and a Cost of Living Index at the national average of 100, the purchasing power for Tellers in Kiryas Joel-Poughkeepsie-Newburgh, NY, is on par with the rest of the country. This means that the nominal salary translates directly to the expected cost of goods and services locally.
Job Market Context
640
Total Jobs
2.422
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Kiryas Joel-Poughkeepsie-Newburgh, NY has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.1 for Tellers in Kiryas Joel-Poughkeepsie-Newburgh, NY, indicates a slightly higher concentration of these jobs than the national average. This suggests a moderately competitive market where demand is present but not overwhelmingly saturated, offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Kingston, NY Tellers Salary | $41,970↓ 0% | 42 mi |
| New York-Newark-Jersey City, NY-NJ Tellers Salary | $46,200↑ 10% | 44 mi |
| Bridgeport-Stamford-Danbury, CT Tellers Salary | $48,680↑ 16% | 51 mi |
| Waterbury-Shelton, CT Tellers Salary | $45,170↑ 7% | 60 mi |
| New Haven, CT Tellers Salary | $46,150↑ 10% | 64 mi |
Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Kiryas Joel-Poughkeepsie-Newburgh, NY?
The median annual salary for a Tellers in Kiryas Joel-Poughkeepsie-Newburgh, NY is $42,040. This typically ranges from $37,350 for entry-level positions to $45,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 2.7% higher than the national median of $40,940.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a lucrative place for Tellers?
Yes, slightly more lucrative than the national average.Tellers in this New York region earn an average of $42,040, which is above the national average of $40,940. The local cost of living is also at the national average, meaning the slightly higher salary offers marginally better purchasing power.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for Tellers?
The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?
Some top paying nearby cities include Kingston, NY ($41,970) and New York-Newark-Jersey City, NY-NJ.
How does the Teller salary in Kiryas Joel-Poughkeepsie-Newburgh, NY compare to the national average?
The average annual salary for Tellers in Kiryas Joel-Poughkeepsie-Newburgh, NY is $42,040, which is $1,100 higher than the national average of $40,940.
What is the total number of Tellers in the Kiryas Joel-Poughkeepsie-Newburgh, NY area?
There are approximately 640 Tellers employed in the Kiryas Joel-Poughkeepsie-Newburgh, NY region.
How concentrated are Teller jobs in this New York location?
The Location Quotient for Tellers in Kiryas Joel-Poughkeepsie-Newburgh, NY is 1.1, indicating a slightly higher concentration of these jobs compared to the national average.
Does the cost of living affect the value of a Teller's salary in this area?
No, the Cost of Living Index is 100, which is the national average. Therefore, the salary of $42,040 has purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 640 employees in the Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 2.422 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 Kiryas Joel-Poughkeepsie-Newburgh, NY