Average Tellers Salary in Phoenix-Mesa-Chandler, AZ
In the Phoenix-Mesa-Chandler, AZ metropolitan area, Tellers earn an average annual salary of $44,550. This figure is notably higher than the national average of $40,940, suggesting that local economic factors and demand contribute to a more favorable compensation landscape for these financial professionals. The specific economic drivers within this Arizona hub create a unique environment for teller compensation.
Executive Summary
- Average Salary: $44,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $52,580.
- Outlook: With a local workforce of 2,850 Tellers and a Location Quotient of 0.55, the Phoenix-Mesa-Chandler area indicates a slightly lower concentration of Tellers compared to the national average. While not indicating an oversaturated market, this suggests steady, consistent demand for these roles rather than rapid expansion. The presence of 1.216 jobs per 1,000 workers further supports a stable employment outlook for Tellers in this region.
Salary Overview
The average Tellers in Phoenix-Mesa-Chandler, AZ earns+8.8%above the national average.
$21.4
$857
$3,713
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Phoenix-Mesa-Chandler is not provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic recovery and inflation. Financial institutions typically adjust compensation to remain competitive and account for the rising cost of living, suggesting that Tellers in this area have likely seen incremental salary growth.
Tellers Salary Distribution in Phoenix-Mesa-Chandler, AZ
Salary progression for Tellers in Phoenix-Mesa-Chandler, AZ, typically correlates with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, potentially reaching the higher percentiles. The gap between entry-level and senior roles reflects the value placed on accumulated knowledge and customer service expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,300 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,413 | $16.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,080 | $21.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,688 | $26.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $52,580 | $25.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$44,550
Gross Pay
Real Wage (Purchasing Power)
$44,550
Adjusted for COL (100)
The average annual salary of $44,550 in Phoenix-Mesa-Chandler, AZ, 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. While the nominal salary is higher than the national average, the cost of living does not present a significant advantage or disadvantage for relocating Tellers.
Job Market Context
2,850
Total Jobs
1.216
Per 1K Jobs
0.55
Location Quotient
Phoenix-Mesa-Chandler, AZ has 0.55x 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.
A Location Quotient of 0.55 for Tellers in Phoenix-Mesa-Chandler, AZ, signifies that the occupation is less concentrated than the national average. This suggests that while Tellers are a vital part of the local financial sector, the market is not saturated with these professionals. This could translate to a more balanced job market where employers actively seek qualified candidates, potentially leading to competitive offers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Arizona nonmetropolitan area Tellers Salary | $39,870↓ 11% | 39 mi |
| Prescott Valley-Prescott, AZ Tellers Salary | $41,420↓ 7% | 72 mi |
Comparing salaries near Phoenix-Mesa-Chandler, AZ
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Phoenix-Mesa-Chandler, AZ?
The median annual salary for a Tellers in Phoenix-Mesa-Chandler, AZ is $44,550. This typically ranges from $38,300 for entry-level positions to $52,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Phoenix-Mesa-Chandler, AZ is 8.8% higher than the national median of $40,940.
Is Phoenix-Mesa-Chandler, AZ a lucrative place for Tellers?
Yes, it offers a slightly above-average earning potential.Tellers in Phoenix-Mesa-Chandler, AZ earn an average of $44,550, surpassing the national average. Coupled with a cost of living at the national average, this provides a solid financial standing for these professionals.
Is Phoenix-Mesa-Chandler, AZ a good place to live for Tellers?
The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Phoenix-Mesa-Chandler, AZ?
Some top paying nearby cities include Arizona nonmetropolitan area ($39,870) and Prescott Valley-Prescott, AZ.
How does the Phoenix-Mesa-Chandler Teller salary compare to the national average?
The average annual salary for Tellers in Phoenix-Mesa-Chandler, AZ is $44,550, which is higher than the national average of $40,940.
What is the Cost of Living in Phoenix-Mesa-Chandler, AZ for Tellers?
The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How many Tellers are employed in the Phoenix-Mesa-Chandler, AZ area?
There are approximately 2,850 Tellers employed in the Phoenix-Mesa-Chandler, AZ metropolitan area.
Is the job market for Tellers competitive in Phoenix-Mesa-Chandler, AZ?
With a Location Quotient of 0.55, the market is less concentrated than the national average, suggesting a stable demand for Tellers and potentially less intense competition for qualified individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,850 employees in the Phoenix-Mesa-Chandler, AZ area with a job density of 1.216 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 Phoenix-Mesa-Chandler, AZ