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Average Tellers Salary in North Florida nonmetropolitan area

Tellers in North Florida's nonmetropolitan areas earn an average annual salary of $41,730, slightly exceeding the national average of $40,940. This marginal difference is often influenced by the specific economic drivers and employment landscape prevalent in these less urbanized regions, which can create a unique supply and demand dynamic for banking professionals.

Executive Summary

  • Average Salary: $41,730 per year.
  • Growth Trend: Salaries have shifted 31.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,110.
  • Outlook: With a local workforce of 260 Tellers and a Location Quotient of 1.05, the job market in North Florida's nonmetropolitan areas indicates a stable demand for these professionals. The concentration slightly above the national average suggests that Tellers are a recognized and consistently needed component of the local financial services sector, without being overly saturated.
2024 Market Data

Salary Overview

$41,730

The average Tellers in North Florida nonmetropolitan area earns+1.9%above the national average.

BreakdownBased on 40h/week
Hourly

$20.1

Weekly

$803

Monthly

$3,478

Tellers Salary Distribution in North Florida nonmetropolitan area

Career progression for Tellers typically involves moving from entry-level positions to more experienced or senior roles, which naturally commands higher compensation. While specific percentile data isn't available, the expected salary range widens significantly with experience, reflecting increased responsibilities, customer service expertise, and potential supervisory duties.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,600$16.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,298$15
ManagerOversees team, compliance, and project delivery.50% (Median)$39,120$18.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,163$25.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$49,110$23.6

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$41,730

Gross Pay

Real Wage (Purchasing Power)

$41,730

Adjusted for COL (100)

The average annual salary of $41,730 in North Florida's nonmetropolitan areas aligns perfectly with the national average 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 standard, offering no significant advantage or disadvantage in terms of affordability.

Job Market Context

260

Total Jobs

2.314

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, North Florida nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.05 for Tellers in North Florida's nonmetropolitan areas signifies a job market that is very close to the national average in terms of concentration. This suggests that the demand for Tellers is neither exceptionally high nor low relative to other occupations in the region, indicating a balanced and predictable employment environment.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near North Florida nonmetropolitan area

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Frequently Asked Questions

How much does a Tellers make in North Florida nonmetropolitan area?

The median annual salary for a Tellers in North Florida nonmetropolitan area is $41,730. This typically ranges from $34,600 for entry-level positions to $49,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Florida nonmetropolitan area is 1.9% higher than the national median of $40,940.

Is North Florida nonmetropolitan area a lucrative place for Tellers?

No, not significantly more lucrative than the national average.While Tellers earn slightly above the national average salary, the cost of living is also at the national average, meaning there is no substantial increase in real income or purchasing power.

Is North Florida nonmetropolitan area a good place to live for Tellers?

The Cost of Living Index in North Florida nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Florida nonmetropolitan area?

Some top paying nearby cities include Sebring, FL ($41,250) and Lakeland-Winter Haven, FL.

How does the number of Tellers in North Florida compare nationally?

North Florida's nonmetropolitan area has 2.314 Tellers per 1,000 workers, which is very close to the national average, indicating a similar presence of this role within the workforce.

What does a Location Quotient of 1.05 mean for Tellers in North Florida?

A Location Quotient of 1.05 means that Tellers are slightly more concentrated in North Florida's nonmetropolitan areas compared to the national average, suggesting a stable but not booming demand for the role.

Is the cost of living high in North Florida's nonmetropolitan areas?

No, the cost of living index is 100, which is the national average, indicating that expenses for housing, goods, and services are comparable to the rest of the country.

How many Tellers are employed in North Florida's nonmetropolitan areas?

There are approximately 260 Tellers employed in the North Florida nonmetropolitan area, representing a small but consistent segment of the local financial workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the North Florida nonmetropolitan area area with a job density of 2.314 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.