Average Tellers Salary in Mobile, AL
In Mobile, AL, Tellers earn an average annual salary of $37,890. This figure is slightly below the national average of $40,940, indicating a localized compensation trend. Factors such as the regional economic landscape and the specific demand within the Mobile area contribute to this pay differential.
Executive Summary
- Average Salary: $37,890 per year.
- Growth Trend: Salaries have shifted 32.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $43,680.
- Outlook: The Teller job market in Mobile, AL, supports a local workforce of 410 professionals. With a Location Quotient of 1.1, the concentration of Tellers in Mobile is slightly higher than the national average, suggesting a stable, albeit not rapidly expanding, demand for these roles within the community.
Salary Overview
The average Tellers in Mobile, AL earns-7.4%below the national average.
$18.2
$729
$3,158
Tellers Salary Trends (2020-2024)
While specific historical data isn't provided, it's generally observed that salaries for Tellers, like many roles, have seen incremental growth over the past four years due to inflation and evolving banking needs. This suggests that the current average of $37,890 in Mobile, AL, likely represents an increase from previous years, reflecting a steady economic adjustment.
Tellers Salary Distribution in Mobile, AL
Career progression for Tellers in Mobile, AL, typically involves salary increases 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 significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,220 | $14.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,418 | $13.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,860 | $18.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,363 | $22.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $43,680 | $21 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,890
Gross Pay
Real Wage (Purchasing Power)
$37,890
Adjusted for COL (100)
The average annual salary of $37,890 in Mobile, AL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Mobile is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
410
Total Jobs
2.413
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Mobile, AL has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.1 indicates that Mobile, AL, has a slightly higher concentration of Tellers compared to the national average. This suggests a moderately competitive market where the demand for Tellers is present and perhaps slightly more pronounced than in other regions, offering a reasonable number of opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Daphne-Fairhope-Foley, AL Tellers Salary | $37,840↓ 0% | 14 mi |
| Pensacola-Ferry Pass-Brent, FL Tellers Salary | $40,450↑ 7% | 57 mi |
| Gulfport-Biloxi, MS Tellers Salary | $36,580↓ 3% | 59 mi |
| Hattiesburg, MS Tellers Salary | $33,300↓ 12% | 83 mi |
| Crestview-Fort Walton Beach-Destin, FL Tellers Salary | $42,010↑ 11% | 91 mi |
Comparing salaries near Mobile, AL
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Mobile, AL?
The median annual salary for a Tellers in Mobile, AL is $37,890. This typically ranges from $30,220 for entry-level positions to $43,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mobile, AL is 7.4% lower than the national median of $40,940.
Is Mobile, AL a lucrative place for Tellers?
No, not significantly more lucrative than the national average.While the Cost of Living is on par with the national average, the average Teller salary in Mobile, AL, is slightly below the national benchmark. The market shows a slightly higher concentration of Tellers, indicating steady demand but not exceptional earning potential.
Is Mobile, AL a good place to live for Tellers?
The Cost of Living Index in Mobile, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Mobile, AL?
Some top paying nearby cities include Daphne-Fairhope-Foley, AL ($37,840) and Pensacola-Ferry Pass-Brent, FL.
What is the average salary for a Teller in Mobile, AL?
The average annual salary for a Teller in Mobile, AL, is $37,890.
How does the Mobile, AL Teller salary compare to the national average?
The average Teller salary in Mobile, AL ($37,890) is slightly lower than the national average of $40,940.
What is the Cost of Living in Mobile, AL compared to the national average?
Mobile, AL has a Cost of Living Index of 100, which is exactly the national average.
Is there high demand for Tellers in Mobile, AL?
With a Location Quotient of 1.1, the concentration of Tellers in Mobile is slightly above the national average, suggesting a stable and present demand for these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Mobile, AL area with a job density of 2.413 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 Mobile, AL