Average Tellers Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
In the Nashville-Davidson--Murfreesboro--Franklin, TN area, Tellers earn an average annual salary of $39,210. This figure is slightly below the national average of $40,940, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the financial services sector of this metropolitan area.
Executive Summary
- Average Salary: $39,210 per year.
- Growth Trend: Salaries have shifted 20.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,180.
- Outlook: With a local workforce of approximately 2,300 Tellers, the Nashville area demonstrates a significant presence in this role. The Location Quotient of 0.95 suggests that the concentration of Tellers in this region is very close to the national average, implying a stable and consistent demand for these professionals within the local job market.
Salary Overview
The average Tellers in Nashville-Davidson--Murfreesboro--Franklin, TN earns-4.2%below the national average.
$18.9
$754
$3,268
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Nashville isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national economic trends and inflation adjustments. This gradual increase would likely reflect evolving responsibilities and the ongoing need for skilled financial service professionals in the region.
Tellers Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
Career progression for Tellers typically involves moving from entry-level positions to more experienced roles, which naturally commands higher compensation. While specific percentile data is not available, the salary range for Tellers in Nashville likely widens significantly from junior to senior positions, reflecting accumulated experience, expanded responsibilities, and specialized skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,480 | $14.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,408 | $14.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,980 | $17.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,013 | $23.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,180 | $22.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,210
Gross Pay
Real Wage (Purchasing Power)
$39,210
Adjusted for COL (100)
The average annual salary of $39,210 in Nashville 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 this region is equivalent to the national average, suggesting that the nominal salary effectively covers the cost of living without significant strain or surplus.
Job Market Context
2,300
Total Jobs
2.095
Per 1K Jobs
0.95
Location Quotient
Nashville-Davidson--Murfreesboro--Franklin, TN has 0.95x 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 0.95 indicates that the density of Teller positions in Nashville-Davidson--Murfreesboro--Franklin, TN is nearly on par with the national average. This suggests a balanced job market where the number of available positions is relatively proportional to the number of Tellers in the workforce, indicating moderate competition and steady employment opportunities.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| East Tennessee nonmetropolitan area Tellers Salary | $34,400↓ 12% | 29 mi |
| South Central Tennessee nonmetropolitan area Tellers Salary | $34,710↓ 11% | 29 mi |
| West Tennessee nonmetropolitan area Tellers Salary | $34,090↓ 13% | 29 mi |
| North Central Tennessee nonmetropolitan area Tellers Salary | $34,390↓ 12% | 29 mi |
| Clarksville, TN-KY Tellers Salary | $35,750↓ 9% | 42 mi |
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Tellers in Nashville-Davidson--Murfreesboro--Franklin, TN is $39,210. This typically ranges from $30,480 for entry-level positions to $47,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 4.2% lower than the national median of $40,940.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Tellerss?
No, it is not significantly more lucrative than the national average.The average salary for Tellers in this region is slightly below the national average, and the cost of living is exactly at the national average, meaning earning potential is comparable but not superior.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Tellers?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include East Tennessee nonmetropolitan area ($34,400) and South Central Tennessee nonmetropolitan area.
How does the Nashville Teller salary compare to the national average?
The average annual salary for Tellers in Nashville is $39,210, which is slightly lower than the national average of $40,940.
What is the concentration of Tellers in the Nashville area?
The concentration of Tellers in Nashville, as indicated by the Location Quotient of 0.95, is very close to the national average, suggesting a stable job market for this role.
How does the cost of living affect a Teller's salary in Nashville?
With a Cost of Living Index of 100, the national average, a Teller's salary of $39,210 in Nashville has purchasing power equivalent to the national average.
What does the number of jobs per 1,000 workers signify for Tellers in Nashville?
The figure of 2.095 jobs per 1,000 workers indicates the relative prevalence of Teller positions within the overall workforce of the Nashville 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 2,300 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 2.095 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Tellers Salaries by State
Top Jobs in Nashville-Davidson--Murfreesboro--Franklin, TN
- All Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Office and Administrative Support Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Transportation and Material Moving Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Food Preparation and Serving Related Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Sales and Related Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Management Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Healthcare Practitioners and Technical Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Business and Financial Operations Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Production Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Educational Instruction and Library Occupations Salary in Nashville-Davidson--Murfreesboro--Franklin, TN
- Browse All Jobs in Nashville-Davidson--Murfreesboro--Franklin, TN →
Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Nashville-Davidson--Murfreesboro--Franklin, TN