Average Tellers Salary in Los Angeles-Long Beach-Anaheim, CA
Tellers in the Los Angeles-Long Beach-Anaheim, CA metropolitan area earn an average annual salary of $45,650, surpassing the national average of $40,940. This higher compensation is often attributed to the region's robust economic activity and the specific demands of its financial sector, which can influence pay scales for customer-facing roles.
Executive Summary
- Average Salary: $45,650 per year.
- Growth Trend: Salaries have shifted 29.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,840.
- Outlook: With a local workforce of 8,930 Tellers and a Location Quotient of 0.65, the job market in Los Angeles-Long Beach-Anaheim, CA, indicates a slightly lower concentration of these roles compared to the national average. However, the presence of a substantial workforce suggests consistent demand and opportunities within the region's extensive financial services industry.
Salary Overview
The average Tellers in Los Angeles-Long Beach-Anaheim, CA earns+11.5%above the national average.
$22
$878
$3,804
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in Los Angeles-Long Beach-Anaheim, CA, have experienced steady growth over the past four years, mirroring national trends. Economic expansion and inflation typically drive incremental increases in compensation for most roles, including those in the financial services sector.
Tellers Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, the typical salary range for Tellers can vary significantly, with experienced professionals often earning substantially more than those just starting their careers, reflecting a clear path for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,860 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,238 | $16.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,580 | $21.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,063 | $27.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,840 | $26.4 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$45,650
Gross Pay
Real Wage (Purchasing Power)
$45,650
Adjusted for COL (100)
The nominal average annual salary of $45,650 for Tellers in Los Angeles-Long Beach-Anaheim, CA, aligns precisely with the national average Cost of Living Index of 100. This means that while the gross salary is higher than the national average, the purchasing power of that salary is comparable to the national average, considering the local cost of living.
Job Market Context
8,930
Total Jobs
1.44
Per 1K Jobs
0.65
Location Quotient
Los Angeles-Long Beach-Anaheim, CA has 0.65x 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 0.65 suggests that Tellers are less concentrated in the Los Angeles-Long Beach-Anaheim, CA area compared to the national average. This could imply a more competitive job market for Tellers, or that the demand is met by a broader range of financial service roles within the region's large economy.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Tellers Salary | $44,100↓ 3% | 49 mi |
| Oxnard-Thousand Oaks-Ventura, CA Tellers Salary | $46,760↑ 2% | 55 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Tellers in Los Angeles-Long Beach-Anaheim, CA is $45,650. This typically ranges from $36,860 for entry-level positions to $54,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 11.5% higher than the national median of $40,940.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Tellers?
Yes, it offers a slightly higher earning potential.Tellers in this region earn approximately $4,710 more annually than the national average. However, the cost of living is also at the national average, making the increased salary's purchasing power comparable to other areas.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Tellers?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($44,100) and Oxnard-Thousand Oaks-Ventura, CA.
How does the number of Tellers in Los Angeles compare to the national average?
With 1.44 jobs per 1,000 workers, the concentration of Tellers in Los Angeles-Long Beach-Anaheim, CA is below the national average, indicated by a Location Quotient of 0.65.
What is the typical salary range for Tellers in this area?
While the average is $45,650, salary ranges can vary significantly based on experience, specific bank, and responsibilities, with entry-level positions earning less and senior roles commanding higher pay.
Does the cost of living affect the value of a Teller's salary in Los Angeles?
The Cost of Living Index is 100, meaning it is the same as the national average. Therefore, the higher nominal salary of $45,650 translates to a purchasing power that is on par with the national average.
Are there many Teller job opportunities in Los Angeles-Long Beach-Anaheim, CA?
The total local workforce of 8,930 Tellers indicates a substantial presence of these roles, suggesting consistent demand within the region's large financial sector, despite a lower concentration relative 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 8,930 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 1.44 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 Los Angeles-Long Beach-Anaheim, CA