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Average Tellers Salary in Pittsfield, MA

Tellers in Pittsfield, Massachusetts earn an average annual salary of $41,470, slightly surpassing the national average of $40,940. This marginal advantage is influenced by local economic factors and the specific demand within the Pittsfield financial sector, which contributes to a competitive compensation landscape for these essential banking professionals.

Executive Summary

  • Average Salary: $41,470 per year.
  • Growth Trend: Salaries have shifted 14.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,210.
  • Outlook: With a total local workforce of 220 Tellers and a Location Quotient of 1.75, Pittsfield exhibits a notable concentration of these roles compared to the national average. This suggests a robust and potentially growing demand for Tellers within the region, indicating a stable job market for individuals in this profession.
2024 Market Data

Salary Overview

$41,470

The average Tellers in Pittsfield, MA earns+1.3%above the national average.

BreakdownBased on 40h/week
Hourly

$19.9

Weekly

$798

Monthly

$3,456

Tellers Salary Distribution in Pittsfield, MA

Career progression for Tellers in Pittsfield, MA, typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,920$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,103$15
ManagerOversees team, compliance, and project delivery.50% (Median)$40,320$19.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,838$24.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$49,210$23.7

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$41,470

Gross Pay

Real Wage (Purchasing Power)

$41,470

Adjusted for COL (100)

The average annual salary of $41,470 in Pittsfield, MA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Pittsfield is equivalent to the national standard, offering a stable financial foundation without the added pressure of a higher cost of living.

Job Market Context

220

Total Jobs

3.848

Per 1K Jobs

1.75

Location Quotient

Major Hub

Pittsfield, MA 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 1.75 signifies that Tellers are 75% more concentrated in Pittsfield, MA, than the national average. This indicates a strong local presence and demand for this profession, suggesting that the job market is relatively abundant with opportunities for Tellers, potentially leading to increased competition among job seekers but also a healthy availability of positions.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Albany-Schenectady-Troy, NY Tellers Salary$40,810↓ 2%31 mi
Amherst Town-Northampton, MA Tellers Salary$43,730↑ 5%38 mi
Springfield, MA Tellers Salary$42,980↑ 4%44 mi
Kingston, NY Tellers Salary$41,970↑ 1%52 mi
Hartford-West Hartford-East Hartford, CT Tellers Salary$45,590↑ 10%56 mi

Comparing salaries near Pittsfield, MA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Pittsfield, MA?

The median annual salary for a Tellers in Pittsfield, MA is $41,470. This typically ranges from $35,920 for entry-level positions to $49,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Pittsfield, MA is 1.3% higher than the national median of $40,940.

Is Pittsfield, MA a lucrative place for Tellers?

Yes, Pittsfield, MA offers a slightly above-average earning potential for Tellers.The average salary of $41,470 slightly exceeds the national average, and the strong concentration of Tellers (LQ of 1.75) suggests consistent demand within the local market.

Is Pittsfield, MA a good place to live for Tellers?

The Cost of Living Index in Pittsfield, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Pittsfield, MA?

Some top paying nearby cities include Albany-Schenectady-Troy, NY ($40,810) and Amherst Town-Northampton, MA.

How does Pittsfield's Teller salary compare to the national average?

Tellers in Pittsfield, MA, earn an average of $41,470 annually, which is slightly higher than the national average of $40,940.

What is the job market like for Tellers in Pittsfield, MA?

The job market is robust, with a higher concentration of Tellers (LQ 1.75) than the national average, indicating strong local demand and a healthy number of available positions.

Does the cost of living in Pittsfield, MA affect Teller salaries?

No, the cost of living in Pittsfield is at the national average (index 100), meaning the $41,470 salary offers purchasing power equivalent to the national standard.

How many Tellers work in Pittsfield, MA?

There are approximately 220 Tellers employed in Pittsfield, MA, contributing to the significant local concentration of this profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Pittsfield, MA area with a job density of 3.848 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Pittsfield, MA