SalaryNode

Average Tellers Salary in Manchester-Nashua, NH

In Manchester-Nashua, NH, Tellers earn an average annual salary of $41,620. This figure is slightly above the national average of $40,940, indicating a modest premium for this role within the local market. Factors such as regional economic conditions and the specific demands of the financial sector in New Hampshire likely contribute to this compensation.

Executive Summary

  • Average Salary: $41,620 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,910.
  • Outlook: The Manchester-Nashua area supports a local workforce of 350 Tellers. With a Location Quotient of 0.79, the concentration of Tellers is slightly below the national average, suggesting a stable but not oversaturated job market. The rate of 1.748 jobs per 1,000 workers indicates a consistent presence of these roles within the local economy.
2024 Market Data

Salary Overview

$41,620

The average Tellers in Manchester-Nashua, NH earns+1.7%above the national average.

BreakdownBased on 40h/week
Hourly

$20

Weekly

$800

Monthly

$3,468

Tellers Salary Distribution in Manchester-Nashua, NH

Salary progression for Tellers in Manchester-Nashua, NH, typically correlates with experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings highlight clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,910$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,215$15
ManagerOversees team, compliance, and project delivery.50% (Median)$38,720$18.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,025$25
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,910$23

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$41,620

Gross Pay

Real Wage (Purchasing Power)

$41,620

Adjusted for COL (100)

The average annual salary of $41,620 in Manchester-Nashua, NH, aligns perfectly with the local 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.

Job Market Context

350

Total Jobs

1.748

Per 1K Jobs

0.79

Location Quotient

Below Average

Manchester-Nashua, NH has 0.79x 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 0.79 for Tellers in Manchester-Nashua, NH, indicates that the employment concentration for this role is slightly lower than the national average. This suggests that while Tellers are a valued part of the local workforce, the market is not exceptionally saturated, potentially offering a balanced environment for job seekers.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Central New Hampshire nonmetropolitan area Tellers Salary$40,520↓ 3%33 mi
Northern New Hampshire nonmetropolitan area Tellers Salary$40,340↓ 3%33 mi
Southwestern New Hampshire nonmetropolitan area Tellers Salary$39,490↓ 5%33 mi
Boston-Cambridge-Newton, MA-NH Tellers Salary$45,420↑ 9%50 mi
Massachusetts nonmetropolitan area Tellers Salary$43,770↑ 5%52 mi

Comparing salaries near Manchester-Nashua, NH

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Manchester-Nashua, NH?

The median annual salary for a Tellers in Manchester-Nashua, NH is $41,620. This typically ranges from $37,910 for entry-level positions to $47,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Manchester-Nashua, NH is 1.7% higher than the national median of $40,940.

Is Manchester-Nashua, NH a lucrative place for Tellers?

Yes, it offers a slightly above-average salary.Tellers in Manchester-Nashua, NH, earn an average of $41,620, which is marginally higher than the national average. Coupled with a cost of living that matches the national average, this makes the area financially comparable to the rest of the country for this profession.

Is Manchester-Nashua, NH a good place to live for Tellers?

The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Manchester-Nashua, NH?

Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($40,520) and Northern New Hampshire nonmetropolitan area.

How does the Manchester-Nashua Teller salary compare to the national average?

The average annual salary for Tellers in Manchester-Nashua, NH, is $41,620, which is slightly higher than the national average of $40,940.

What is the Cost of Living in Manchester-Nashua, NH for Tellers?

The Cost of Living Index in Manchester-Nashua, NH, is 100, which is exactly the national average, meaning the salary of $41,620 has average purchasing power.

Is the job market for Tellers strong in Manchester-Nashua, NH?

The market is stable, with a Location Quotient of 0.79 indicating a presence slightly below the national average concentration, suggesting steady demand without oversaturation.

How many Tellers work in Manchester-Nashua, NH?

There are approximately 350 Tellers employed within the Manchester-Nashua, NH, 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 350 employees in the Manchester-Nashua, NH area with a job density of 1.748 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Manchester-Nashua, NH