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Average Tellers Salary in Modesto, CA

Tellers in Modesto, CA, earn an average annual salary of $45,430, which is notably higher than the national average of $40,940. This localized pay differential is often influenced by the specific economic conditions and cost of living within the Modesto metropolitan area. Understanding these local market dynamics is crucial for both employers and job seekers.

Executive Summary

  • Average Salary: $45,430 per year.
  • Growth Trend: Salaries have shifted 35.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,610.
  • Outlook: With a total local workforce of 330 Tellers and a Location Quotient of 0.78, Modesto presents a slightly less concentrated market for this role compared to the national average. While not a hub, the presence of 1.718 jobs per 1,000 workers suggests a steady, albeit not booming, demand for Tellers within the region.
2024 Market Data

Salary Overview

$45,430

The average Tellers in Modesto, CA earns+11.0%above the national average.

BreakdownBased on 40h/week
Hourly

$21.8

Weekly

$874

Monthly

$3,786

Tellers Salary Distribution in Modesto, CA

Career progression for Tellers typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive banking knowledge and customer service expertise can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies a clear path for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,990$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,073$16.4
ManagerOversees team, compliance, and project delivery.50% (Median)$43,610$21
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,788$27.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,610$28.2

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$45,430

Gross Pay

Real Wage (Purchasing Power)

$45,430

Adjusted for COL (100)

The average annual salary of $45,430 in Modesto, CA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by Tellers in Modesto offers a purchasing power equivalent to the national average, suggesting a balanced economic environment for residents.

Job Market Context

330

Total Jobs

1.718

Per 1K Jobs

0.78

Location Quotient

Below Average

Modesto, CA has 0.78x 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 0.78 indicates that Tellers are slightly less concentrated in Modesto, CA, than the national average. This suggests that while the profession is present and necessary, it's not a dominant industry sector. The job market may offer moderate competition, with opportunities available but perhaps not as abundant as in areas with a higher concentration of financial services.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Stockton-Lodi, CA Tellers Salary$44,100↓ 3%29 mi
Merced, CA Tellers Salary$43,980↓ 3%37 mi
San Jose-Sunnyvale-Santa Clara, CA Tellers Salary$52,860↑ 16%53 mi
Sacramento-Roseville-Folsom, CA Tellers Salary$48,730↑ 7%69 mi
Santa Cruz-Watsonville, CA Tellers Salary$46,190↑ 2%73 mi

Comparing salaries near Modesto, CA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Modesto, CA?

The median annual salary for a Tellers in Modesto, CA is $45,430. This typically ranges from $36,990 for entry-level positions to $58,610 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Modesto, CA is 11.0% higher than the national median of $40,940.

Is Modesto, CA a lucrative place for Tellers?

Yes, Modesto, CA offers a slightly more lucrative environment for Tellers compared to the national average.Tellers in Modesto earn approximately $4,500 more annually than their national counterparts. This higher nominal salary is balanced by a Cost of Living Index that matches the national average.

Is Modesto, CA a good place to live for Tellers?

The Cost of Living Index in Modesto, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Modesto, CA?

Some top paying nearby cities include Stockton-Lodi, CA ($44,100) and Merced, CA.

How does Modesto's Teller salary compare to the national average?

Tellers in Modesto, CA, earn an average of $45,430 annually, which is $4,490 higher than the national average of $40,940.

What is the Cost of Living in Modesto, CA for Tellers?

Modesto, CA has a Cost of Living Index of 100, which is exactly the national average. This means the purchasing power of a Teller's salary in Modesto is equivalent to the national average.

Is the job market for Tellers strong in Modesto, CA?

The job market for Tellers in Modesto is moderately present, with 1.718 jobs per 1,000 workers and a Location Quotient of 0.78, indicating a slightly lower concentration than the national average.

How many Tellers are employed in Modesto, CA?

There are approximately 330 Tellers employed within the Modesto, CA 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 330 employees in the Modesto, CA area with a job density of 1.718 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 Modesto, CA