Average Tellers Salary in Oxnard-Thousand Oaks-Ventura, CA
Tellers in the Oxnard-Thousand Oaks-Ventura, CA area earn an average annual salary of $46,760, which is notably higher than the national average of $40,940. This elevated compensation is often influenced by regional economic factors and the specific demands of the local financial sector, reflecting a localized premium for these essential banking roles.
Executive Summary
- Average Salary: $46,760 per year.
- Growth Trend: Salaries have shifted 28.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,860.
- Outlook: With a total local workforce of 550 Tellers and a Location Quotient of 0.78, the Oxnard-Thousand Oaks-Ventura, CA market shows a slightly lower concentration of these roles compared to the national average. While not indicating an oversaturated market, this suggests a stable demand for Tellers, with opportunities available for skilled professionals within this established workforce.
Salary Overview
The average Tellers in Oxnard-Thousand Oaks-Ventura, CA earns+14.2%above the national average.
$22.5
$899
$3,897
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Oxnard-Thousand Oaks-Ventura, CA is not provided, it is reasonable to assume a trend of salary growth over the past four years, mirroring broader economic trends. Inflationary pressures and evolving banking services likely contribute to a gradual increase in compensation for Tellers, ensuring their pay keeps pace with the cost of living and market demands.
Tellers Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA
The career path for Tellers typically involves a progression from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, it's common for experienced Tellers to command higher salaries, reflecting their expanded responsibilities, customer service expertise, and potential for handling more complex transactions. Salary gaps between different experience levels signify clear opportunities for career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,120 | $18.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,070 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,940 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,450 | $28.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,860 | $26.4 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$46,760
Gross Pay
Real Wage (Purchasing Power)
$46,760
Adjusted for COL (100)
The average annual salary of $46,760 for Tellers in Oxnard-Thousand Oaks-Ventura, CA 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 average, suggesting that while the nominal pay is higher, the cost of essential goods and services does not significantly diminish its real value.
Job Market Context
550
Total Jobs
1.713
Per 1K Jobs
0.78
Location Quotient
Oxnard-Thousand Oaks-Ventura, CA has 0.78x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.78 for Tellers in Oxnard-Thousand Oaks-Ventura, CA indicates that the concentration of these jobs is slightly below the national average. This suggests that while Tellers are a vital part of the local economy, the market is not exceptionally saturated, potentially offering a balanced environment for job seekers where demand is steady but competition may be less intense than in highly concentrated areas.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Tellers Salary | $45,650↓ 2% | 55 mi |
| Bakersfield-Delano, CA Tellers Salary | $43,690↓ 7% | 80 mi |
| Santa Maria-Santa Barbara, CA Tellers Salary | $45,700↓ 2% | 88 mi |
Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA
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Frequently Asked Questions
How much does a Tellers make in Oxnard-Thousand Oaks-Ventura, CA?
The median annual salary for a Tellers in Oxnard-Thousand Oaks-Ventura, CA is $46,760. This typically ranges from $38,120 for entry-level positions to $54,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 14.2% higher than the national median of $40,940.
Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Tellers?
Yes, moderately so.Tellers in this region earn a higher average salary than the national average, and the cost of living is on par with the national average, indicating good purchasing power.
Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Tellers?
The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($45,650) and Bakersfield-Delano, CA.
How does the Oxnard-Thousand Oaks-Ventura, CA Teller salary compare to the national average?
The average annual salary for Tellers in Oxnard-Thousand Oaks-Ventura, CA is $46,760, which is $5,820 higher than the national average of $40,940.
What is the job concentration for Tellers in this area?
The Location Quotient for Tellers in Oxnard-Thousand Oaks-Ventura, CA is 0.78, meaning the concentration of these jobs is slightly lower than the national average.
Does the cost of living affect the value of a Teller's salary in Oxnard-Thousand Oaks-Ventura, CA?
No, the cost of living in Oxnard-Thousand Oaks-Ventura, CA is exactly at the national average (100), so the higher nominal salary maintains its purchasing power relative to the rest of the country.
How many Tellers are employed in the Oxnard-Thousand Oaks-Ventura, CA area?
There are approximately 550 Tellers employed within the Oxnard-Thousand Oaks-Ventura, CA region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 1.713 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 Oxnard-Thousand Oaks-Ventura, CA