Average Tellers Salary in Pensacola-Ferry Pass-Brent, FL
Tellers in Pensacola-Ferry Pass-Brent, FL earn an average annual salary of $40,450. This figure is slightly below the national average of $40,940, indicating a minor disparity in compensation. Local economic factors and the specific demand within the Pensacola metropolitan area likely contribute to this pay scale.
Executive Summary
- Average Salary: $40,450 per year.
- Growth Trend: Salaries have shifted 22.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,170.
- Outlook: The Pensacola-Ferry Pass-Brent, FL area supports a substantial local workforce of 770 Tellers. With a Location Quotient of 1.84, the concentration of Teller positions is significantly higher than the national average, suggesting a robust and active job market for these professionals within the region.
Salary Overview
The average Tellers in Pensacola-Ferry Pass-Brent, FL earns-1.2%below the national average.
$19.5
$778
$3,371
Tellers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Tellers in Pensacola-Ferry Pass-Brent, FL have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for financial services, and evolving job responsibilities likely contribute to incremental salary increases.
Tellers Salary Distribution in Pensacola-Ferry Pass-Brent, FL
Career progression for Tellers typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command higher salaries. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential within the Teller profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,370 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,338 | $14.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,050 | $18.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,563 | $24.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,170 | $21.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$40,450
Gross Pay
Real Wage (Purchasing Power)
$40,450
Adjusted for COL (100)
The average annual salary of $40,450 in Pensacola-Ferry Pass-Brent, FL aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial environment for Tellers residing in the area.
Job Market Context
770
Total Jobs
4.051
Per 1K Jobs
1.84
Location Quotient
Pensacola-Ferry Pass-Brent, FL 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.
A Location Quotient of 1.84 for Tellers in Pensacola-Ferry Pass-Brent, FL indicates that the job market is more than 80% more concentrated than the national average. This suggests a strong demand for Tellers relative to the general workforce, making it a potentially favorable market for job seekers in this field.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Tellers Salary | $42,010↑ 4% | 42 mi |
| Daphne-Fairhope-Foley, AL Tellers Salary | $37,840↓ 6% | 43 mi |
| Mobile, AL Tellers Salary | $37,890↓ 6% | 57 mi |
| Panama City-Panama City Beach, FL Tellers Salary | $42,700↑ 6% | 96 mi |
Comparing salaries near Pensacola-Ferry Pass-Brent, FL
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Pensacola-Ferry Pass-Brent, FL?
The median annual salary for a Tellers in Pensacola-Ferry Pass-Brent, FL is $40,450. This typically ranges from $35,370 for entry-level positions to $45,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Pensacola-Ferry Pass-Brent, FL is 1.2% lower than the national median of $40,940.
Is Pensacola-Ferry Pass-Brent, FL a lucrative place for Tellers?
Yes, with a stable cost of living.While the average salary is slightly below the national average, the high concentration of Teller jobs and a cost of living index matching the national average suggest a stable and potentially rewarding career environment.
Is Pensacola-Ferry Pass-Brent, FL a good place to live for Tellers?
The Cost of Living Index in Pensacola-Ferry Pass-Brent, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Pensacola-Ferry Pass-Brent, FL?
Some top paying nearby cities include Crestview-Fort Walton Beach-Destin, FL ($42,010) and Daphne-Fairhope-Foley, AL.
How does the Pensacola Teller salary compare to the national average?
The average annual salary for Tellers in Pensacola-Ferry Pass-Brent, FL is $40,450, which is slightly lower than the national average of $40,940.
What does a Location Quotient of 1.84 mean for Tellers in Pensacola?
A Location Quotient of 1.84 signifies that Teller positions are significantly more concentrated in Pensacola-Ferry Pass-Brent, FL compared to the national average, indicating a higher demand for these roles in the local market.
Is the cost of living in Pensacola-Ferry Pass-Brent, FL high?
No, the cost of living in Pensacola-Ferry Pass-Brent, FL is at the national average, indicated by a Cost of Living Index of 100.
What is the total number of Tellers in the Pensacola-Ferry Pass-Brent, FL area?
There are approximately 770 Tellers employed within the Pensacola-Ferry Pass-Brent, FL 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 770 employees in the Pensacola-Ferry Pass-Brent, FL area with a job density of 4.051 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 Pensacola-Ferry Pass-Brent, FL