Average Tellers Salary in Lakeland-Winter Haven, FL
Tellers in the Lakeland-Winter Haven, FL area earn an average annual salary of $40,770. This figure is slightly below the national average of $40,940, indicating a near-parity in compensation for this role across the country. Local economic factors and the specific demand within the financial sector of Lakeland-Winter Haven contribute to this precise salary level.
Executive Summary
- Average Salary: $40,770 per year.
- Growth Trend: Salaries have shifted 21.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,890.
- Outlook: The Lakeland-Winter Haven area supports a local workforce of 390 Tellers. With a Location Quotient of 0.68, the concentration of Tellers is below the national average, suggesting a moderately less saturated market compared to other regions. The presence of 1.502 Tellers per 1,000 workers indicates a steady, albeit not exceptionally high, demand for these financial service professionals.
Salary Overview
The average Tellers in Lakeland-Winter Haven, FL earns-0.4%below the national average.
$19.6
$784
$3,398
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Lakeland-Winter Haven is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for financial services, and evolving job responsibilities likely contribute to a gradual upward trajectory in Tellers' earnings within the region.
Tellers Salary Distribution in Lakeland-Winter Haven, FL
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, often accompanied by increased responsibilities and, consequently, higher salaries. While specific percentile data is unavailable, the typical salary distribution suggests that experienced Tellers can expect to earn significantly more than their less experienced counterparts, with noticeable pay increases at mid-career and senior levels.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,220 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,578 | $14.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,200 | $18.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,963 | $24.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,890 | $22.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$40,770
Gross Pay
Real Wage (Purchasing Power)
$40,770
Adjusted for COL (100)
The average annual salary of $40,770 in Lakeland-Winter Haven 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 equivalent to the national average, offering a stable financial environment for residents without significant cost-of-living advantages or disadvantages.
Job Market Context
390
Total Jobs
1.502
Per 1K Jobs
0.68
Location Quotient
Lakeland-Winter Haven, FL has 0.68x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.68 for Tellers in Lakeland-Winter Haven signifies that the area has fewer Tellers relative to the national average. This suggests that while the job market is not as concentrated as in other parts of the country, there is still a consistent need for these professionals. The market is neither overly saturated nor exceptionally scarce, presenting a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| North Florida nonmetropolitan area Tellers Salary | $41,730↑ 2% | 26 mi |
| South Florida nonmetropolitan area Tellers Salary | $42,580↑ 4% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Tellers Salary | $42,930↑ 5% | 32 mi |
| Orlando-Kissimmee-Sanford, FL Tellers Salary | $42,480↑ 4% | 48 mi |
| Wildwood-The Villages, FL Tellers Salary | $41,020↑ 1% | 50 mi |
Comparing salaries near Lakeland-Winter Haven, FL
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Lakeland-Winter Haven, FL?
The median annual salary for a Tellers in Lakeland-Winter Haven, FL is $40,770. This typically ranges from $35,220 for entry-level positions to $46,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 0.4% lower than the national median of $40,940.
Is Lakeland-Winter Haven, FL a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.The average salary for Tellers in Lakeland-Winter Haven is slightly below the national average, and the cost of living is exactly at the national average. This indicates that while the pay is stable, it does not offer a significant financial advantage over other regions.
Is Lakeland-Winter Haven, FL a good place to live for Tellers?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($41,730) and South Florida nonmetropolitan area.
How does the Teller salary in Lakeland-Winter Haven compare to the national average?
The average annual salary for Tellers in Lakeland-Winter Haven is $40,770, which is marginally lower than the national average of $40,940.
What is the concentration of Tellers in Lakeland-Winter Haven compared to the rest of the US?
The Location Quotient for Tellers in Lakeland-Winter Haven is 0.68, indicating that the concentration of these jobs is lower than the national average.
Does the cost of living in Lakeland-Winter Haven affect the value of a Teller's salary?
No, the cost of living index is 100, which is the national average. This means a Teller's salary in Lakeland-Winter Haven has the same purchasing power as the national average.
How many Tellers are employed in the Lakeland-Winter Haven area?
There are approximately 390 Tellers employed within the Lakeland-Winter Haven 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 390 employees in the Lakeland-Winter Haven, FL area with a job density of 1.502 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 Lakeland-Winter Haven, FL