Average Tellers Salary in Northern New Hampshire nonmetropolitan area
In the Northern New Hampshire nonmetropolitan area, Tellers earn an average annual salary of $40,340. This figure is slightly below the national average of $40,940, reflecting the unique economic dynamics and demand specific to this region. Factors such as local industry concentration and the overall economic landscape of nonmetropolitan areas contribute to this pay scale.
Executive Summary
- Average Salary: $40,340 per year.
- Growth Trend: Salaries have shifted 29.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,170.
- Outlook: The local job market for Tellers in Northern New Hampshire appears stable, with a total workforce of 230 individuals. The Location Quotient of 1.24 indicates a slightly higher concentration of Teller positions compared to the national average, suggesting a moderate but consistent demand for these roles within the region's financial sector.
Salary Overview
The average Tellers in Northern New Hampshire nonmetropolitan area earns-1.5%below the national average.
$19.4
$776
$3,362
Tellers Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Tellers in Northern New Hampshire have experienced gradual growth over the past four years, mirroring general economic trends and inflation adjustments seen across the country. This steady, albeit potentially modest, increase would align with typical career progression and cost-of-living adjustments.
Tellers Salary Distribution in Northern New Hampshire nonmetropolitan area
Salary progression for Tellers in Northern New Hampshire typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with several years of experience and specialized skills can command higher salaries. The percentile gaps in earnings signify clear career advancement opportunities, rewarding increased expertise and responsibility within the role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,070 | $17.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,255 | $14.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,520 | $19 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,425 | $24.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,170 | $21.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$40,340
Gross Pay
Real Wage (Purchasing Power)
$40,340
Adjusted for COL (100)
The average annual salary of $40,340 in Northern New Hampshire aligns precisely 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 comparable to the national standard, offering a balanced financial landscape for residents.
Job Market Context
230
Total Jobs
2.724
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Northern New Hampshire nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.24, Northern New Hampshire exhibits a slightly higher concentration of Teller jobs than the national average. This suggests that the market is relatively robust for Tellers in this nonmetropolitan area, indicating a healthy demand that may present more opportunities compared to regions with a lower concentration.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH Tellers Salary | $41,620↑ 3% | 33 mi |
| Portland-South Portland, ME Tellers Salary | $42,270↑ 5% | 67 mi |
| Northern Vermont nonmetropolitan area Tellers Salary | $40,980↑ 2% | 70 mi |
| Southern Vermont nonmetropolitan area Tellers Salary | $41,890↑ 4% | 70 mi |
| Boston-Cambridge-Newton, MA-NH Tellers Salary | $45,420↑ 13% | 82 mi |
Comparing salaries near Northern New Hampshire nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Northern New Hampshire nonmetropolitan area?
The median annual salary for a Tellers in Northern New Hampshire nonmetropolitan area is $40,340. This typically ranges from $37,070 for entry-level positions to $44,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern New Hampshire nonmetropolitan area is 1.5% lower than the national median of $40,940.
Is Northern New Hampshire nonmetropolitan area a lucrative place for Tellers?
No, it is not significantly more lucrative than the national average.Tellers in Northern New Hampshire earn slightly less than the national average, and the cost of living is on par with the national average, indicating a balanced but not exceptionally high earning potential.
Is Northern New Hampshire nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Northern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($41,620) and Portland-South Portland, ME.
How does the number of Tellers in Northern NH compare nationally?
There are 2.724 Teller jobs per 1,000 workers in Northern New Hampshire, which is slightly above the national average, indicating a notable presence of this role in the local economy.
What is the total number of Tellers in Northern New Hampshire?
The total local workforce for Tellers in the Northern New Hampshire nonmetropolitan area consists of 230 individuals.
Does experience significantly impact a Teller's salary in this region?
Yes, like most professions, experience plays a crucial role in salary determination for Tellers in Northern New Hampshire, with senior roles commanding higher compensation than entry-level positions.
How does the cost of living affect the Teller salary in Northern NH?
The cost of living in Northern New Hampshire is exactly at the national average (100), meaning the $40,340 salary has purchasing power equivalent to the national average salary of $40,940.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Northern New Hampshire nonmetropolitan area area with a job density of 2.724 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 Northern New Hampshire nonmetropolitan area