SalaryNode

Average Tellers Salary in Northwestern Pennsylvania nonmetropolitan area

Tellers in the Northwestern Pennsylvania nonmetropolitan area earn an average annual salary of $34,450. This figure falls below the national average of $40,940, indicating a regional pay differential. Such variations are often influenced by local economic conditions, the cost of doing business, and the overall demand for banking services within the specific geographic area.

Executive Summary

  • Average Salary: $34,450 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $42,240.
  • Outlook: With a local workforce of approximately 600 Tellers and a Location Quotient of 1.81, the job market in Northwestern Pennsylvania exhibits a notable concentration of these roles compared to the national average. This suggests a relatively robust demand and a higher proportion of Teller positions within the local employment landscape, indicating a stable job market for this profession.
2024 Market Data

Salary Overview

$34,450

The average Tellers in Northwestern Pennsylvania nonmetropolitan area earns-15.9%below the national average.

BreakdownBased on 40h/week
Hourly

$16.6

Weekly

$663

Monthly

$2,871

Tellers Salary Distribution in Northwestern Pennsylvania nonmetropolitan area

Career progression for Tellers typically involves scaling from entry-level positions to more senior roles, which is reflected in salary increases. While specific percentile data is unavailable, the gap between entry-level and senior Teller salaries signifies opportunities for advancement and increased earning potential within the field, rewarding experience and skill development.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,020$14
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$25,838$12.4
ManagerOversees team, compliance, and project delivery.50% (Median)$34,540$16.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$43,063$20.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$42,240$20.3

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$34,450

Gross Pay

Real Wage (Purchasing Power)

$34,450

Adjusted for COL (100)

The average annual salary of $34,450 in Northwestern Pennsylvania aligns precisely with the national average Cost of Living Index of 100. This means that the nominal income earned by Tellers in this region has purchasing power equivalent to the national average, suggesting that the lower salary is offset by a comparable cost of living.

Job Market Context

600

Total Jobs

3.99

Per 1K Jobs

1.81

Location Quotient

Major Hub

Northwestern Pennsylvania nonmetropolitan area has 1.8x 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.

The Location Quotient of 1.81 for Tellers in Northwestern Pennsylvania significantly exceeds the national average of 1.0. This indicates that the region has a higher concentration of Teller jobs relative to its overall workforce compared to the rest of the country, suggesting a more abundant and potentially competitive market for these positions.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Williamsport, PA Tellers Salary$36,740 7%9 mi
State College, PA Tellers Salary$39,280 14%45 mi
Elmira, NY Tellers Salary$39,460 15%65 mi
Harrisburg-Carlisle, PA Tellers Salary$40,790 18%66 mi
Lebanon, PA Tellers Salary$38,530 12%72 mi

Comparing salaries near Northwestern Pennsylvania nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Northwestern Pennsylvania nonmetropolitan area?

The median annual salary for a Tellers in Northwestern Pennsylvania nonmetropolitan area is $34,450. This typically ranges from $29,020 for entry-level positions to $42,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Pennsylvania nonmetropolitan area is 15.9% lower than the national median of $40,940.

Is Northwestern Pennsylvania nonmetropolitan area a lucrative place for Tellers?

No, not particularly lucrative compared to the national average.Tellers in this region earn approximately $6,490 less annually than the national average. However, the cost of living is also at the national average, meaning the reduced salary has equivalent purchasing power locally.

Is Northwestern Pennsylvania nonmetropolitan area a good place to live for Tellers?

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

Where are the highest paying cities near Northwestern Pennsylvania nonmetropolitan area?

Some top paying nearby cities include Williamsport, PA ($36,740) and State College, PA.

How does the local Teller salary compare to the national average?

The average annual salary for Tellers in Northwestern Pennsylvania is $34,450, which is notably lower than the national average of $40,940.

What is the significance of the Location Quotient (LQ) being 1.81?

An LQ of 1.81 signifies that Tellers are 81% more concentrated in Northwestern Pennsylvania than the national average, indicating a higher prevalence of these jobs in the region.

How does the Cost of Living in Northwestern Pennsylvania affect the salary?

With a Cost of Living Index of 100, the local expenses are on par with the national average. Therefore, the $34,450 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.

What does the total local workforce of 600 Tellers imply?

A workforce of 600 Tellers suggests a stable, albeit not massive, employment base for this role within the region, supporting the observed concentration indicated by the Location Quotient.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Northwestern Pennsylvania nonmetropolitan area area with a job density of 3.99 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.