Average Tellers Salary in Northern Vermont nonmetropolitan area
Tellers in the Northern Vermont nonmetropolitan area earn an average annual salary of $40,980. This figure is remarkably aligned with the national average of $40,940, indicating that regional economic factors and demand are closely mirroring broader U.S. trends for this essential banking role. The stability in pay suggests a well-established market for banking services in this area.
Executive Summary
- Average Salary: $40,980 per year.
- Growth Trend: Salaries have shifted 28.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,370.
- Outlook: With a local workforce of 340 Tellers and a Location Quotient of 1.71, the job market in Northern Vermont nonmetropolitan area shows a notable concentration of these professionals relative to the national average. This suggests a robust demand and a significant presence of banking institutions actively employing Tellers, indicating a stable and potentially growing job market for those in this profession.
Salary Overview
The average Tellers in Northern Vermont nonmetropolitan area earns+0.1%above the national average.
$19.7
$788
$3,415
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Tellers' salaries in Northern Vermont nonmetropolitan areas have experienced gradual growth over the past four years, mirroring national trends. Economic development and inflation typically drive modest increases in compensation for roles like Tellers, ensuring their pay remains competitive within the local market.
Tellers Salary Distribution in Northern Vermont nonmetropolitan area
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, which is reflected in salary increases. While specific percentile data isn't available, the gap between starting salaries and those earned by experienced professionals signifies a clear path for advancement and increased earning potential within the banking sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,160 | $17.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,735 | $14.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,450 | $19 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $51,225 | $24.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,370 | $21.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$40,980
Gross Pay
Real Wage (Purchasing Power)
$40,980
Adjusted for COL (100)
The average annual salary of $40,980 in Northern Vermont 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, making it a financially neutral location for relocation from a cost-of-living perspective.
Job Market Context
340
Total Jobs
3.764
Per 1K Jobs
1.71
Location Quotient
Northern Vermont nonmetropolitan area has 1.7x the national concentration of Tellers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.71 strongly indicates that Tellers are more concentrated in the Northern Vermont nonmetropolitan area than the national average. This suggests a higher demand for Tellers relative to the general workforce, potentially leading to more job opportunities and a competitive market for skilled individuals in this field.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT Tellers Salary | $42,840↑ 5% | 40 mi |
| Glens Falls, NY Tellers Salary | $39,900↓ 3% | 69 mi |
| Central New Hampshire nonmetropolitan area Tellers Salary | $40,520↓ 1% | 70 mi |
| Northern New Hampshire nonmetropolitan area Tellers Salary | $40,340↓ 2% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area Tellers Salary | $39,490↓ 4% | 70 mi |
Comparing salaries near Northern Vermont nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Northern Vermont nonmetropolitan area?
The median annual salary for a Tellers in Northern Vermont nonmetropolitan area is $40,980. This typically ranges from $36,160 for entry-level positions to $45,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Vermont nonmetropolitan area is 0.1% higher than the national median of $40,940.
Is Northern Vermont nonmetropolitan area a lucrative place for Tellers?
Yes, it offers comparable earnings to the national average.Tellers in this region earn an average of $40,980, which is almost identical to the national average. Combined with a cost of living that matches the national index, the salary provides equivalent purchasing power.
Is Northern Vermont nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Northern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($42,840) and Glens Falls, NY.
How does the number of Tellers in Northern Vermont compare to the national average?
With 3.764 Tellers per 1,000 workers, the Northern Vermont nonmetropolitan area has a higher concentration of Tellers compared to the national average, as indicated by its Location Quotient of 1.71.
What is the total number of Tellers employed in the Northern Vermont nonmetropolitan area?
The total local workforce for Tellers in the Northern Vermont nonmetropolitan area consists of approximately 340 individuals.
Does the cost of living affect the value of a Teller's salary in Northern Vermont?
No, the cost of living in Northern Vermont nonmetropolitan areas is exactly at the national average (100), meaning the $40,980 salary has the same purchasing power as the national average salary.
Is the job market for Tellers strong in Northern Vermont?
Yes, the Location Quotient of 1.71 suggests a stronger-than-average presence and demand for Tellers in this region, indicating a robust job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Northern Vermont nonmetropolitan area area with a job density of 3.764 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Tellers Salaries by State
Top Jobs in Northern Vermont nonmetropolitan area
- All Occupations Salary in Northern Vermont nonmetropolitan area
- Office and Administrative Support Occupations Salary in Northern Vermont nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Northern Vermont nonmetropolitan area
- Management Occupations Salary in Northern Vermont nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Northern Vermont nonmetropolitan area
- Sales and Related Occupations Salary in Northern Vermont nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Northern Vermont nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Northern Vermont nonmetropolitan area
- Business and Financial Operations Occupations Salary in Northern Vermont nonmetropolitan area
- Production Occupations Salary in Northern Vermont nonmetropolitan area
- Browse All Jobs in Northern Vermont nonmetropolitan area →
Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Northern Vermont nonmetropolitan area