SalaryNode

Average Tellers Salary in Olympia-Lacey-Tumwater, WA

Tellers in the Olympia-Lacey-Tumwater, WA area earn an average annual salary of $49,130, significantly exceeding the national average of $40,940. This higher compensation reflects the localized demand and economic conditions within this specific Washington metropolitan area, suggesting a favorable market for these financial professionals.

Executive Summary

  • Average Salary: $49,130 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,170.
  • Outlook: The Olympia-Lacey-Tumwater area supports a dedicated workforce of 370 Tellers, with a jobs-per-1,000-workers ratio of 2.878. The Location Quotient of 1.31 indicates a higher concentration of Teller positions compared to the national average, suggesting a robust and potentially growing job market for this role within the region.
2024 Market Data

Salary Overview

$49,130

The average Tellers in Olympia-Lacey-Tumwater, WA earns+20.0%above the national average.

BreakdownBased on 40h/week
Hourly

$23.6

Weekly

$945

Monthly

$4,094

Tellers Salary Distribution in Olympia-Lacey-Tumwater, WA

Career progression for Tellers in Olympia-Lacey-Tumwater typically involves a salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior Tellers with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear path for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,760$18.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,848$17.7
ManagerOversees team, compliance, and project delivery.50% (Median)$46,040$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$61,413$29.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,170$30.4

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$49,130

Gross Pay

Real Wage (Purchasing Power)

$49,130

Adjusted for COL (100)

With an average annual salary of $49,130 and a Cost of Living Index precisely at the national average of 100, Tellers in Olympia-Lacey-Tumwater can expect their nominal earnings to translate directly to purchasing power. This means the higher local salary offers a comparable standard of living to the national average, without the added pressure of a higher cost of goods and services.

Job Market Context

370

Total Jobs

2.878

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, Olympia-Lacey-Tumwater, WA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.31 for Tellers in Olympia-Lacey-Tumwater signifies a market where this profession is more concentrated than the national average. This suggests a healthy demand for Tellers relative to the overall workforce, potentially leading to more job opportunities and a competitive environment for employers seeking qualified candidates.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Bremerton-Silverdale-Port Orchard, WA Tellers Salary$48,010↓ 2%36 mi
Seattle-Tacoma-Bellevue, WA Tellers Salary$52,410↑ 7%47 mi
Longview-Kelso, WA Tellers Salary$47,730↓ 3%62 mi
Western Washington nonmetropolitan area Tellers Salary$46,280↓ 6%70 mi
Eastern Washington nonmetropolitan area Tellers Salary$43,930↓ 11%70 mi

Comparing salaries near Olympia-Lacey-Tumwater, WA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Olympia-Lacey-Tumwater, WA?

The median annual salary for a Tellers in Olympia-Lacey-Tumwater, WA is $49,130. This typically ranges from $38,760 for entry-level positions to $63,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Olympia-Lacey-Tumwater, WA is 20.0% higher than the national median of $40,940.

Is Olympia-Lacey-Tumwater, WA a lucrative place for Tellers?

Yes, it is a more lucrative place for Tellers.Tellers in this area earn approximately $8,190 more annually than the national average, while the cost of living remains at the national average.

Is Olympia-Lacey-Tumwater, WA a good place to live for Tellers?

The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?

Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($48,010) and Seattle-Tacoma-Bellevue, WA.

How does the Teller salary in Olympia-Lacey-Tumwater compare to the national average?

The average annual salary for Tellers in Olympia-Lacey-Tumwater is $49,130, which is notably higher than the national average of $40,940.

What is the concentration of Tellers in the Olympia-Lacey-Tumwater area?

The Location Quotient for Tellers in this area is 1.31, indicating a higher concentration of these jobs compared to the national average.

Does the cost of living affect the value of a Teller's salary in Olympia-Lacey-Tumwater?

No, the Cost of Living Index is 100, meaning it is exactly at the national average, so the higher nominal salary directly reflects increased purchasing power.

How many Tellers are employed in the Olympia-Lacey-Tumwater metropolitan area?

There are approximately 370 Tellers employed within the Olympia-Lacey-Tumwater, WA 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 370 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 2.878 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Olympia-Lacey-Tumwater, WA

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Olympia-Lacey-Tumwater, WA