Average Tellers Salary in Riverside-San Bernardino-Ontario, CA
Tellers in the Riverside-San Bernardino-Ontario, CA area earn an average annual salary of $44,100. This figure is notably higher than the national average of $40,940, suggesting that local economic factors and demand within this specific California metropolitan area contribute to a more favorable compensation landscape for these financial professionals.
Executive Summary
- Average Salary: $44,100 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,730.
- Outlook: With a local workforce of 2,400 Tellers and a Location Quotient of 0.64, the job market in Riverside-San Bernardino-Ontario, CA, indicates a slightly lower concentration of these roles compared to the national average. However, the presence of a substantial workforce suggests a stable, albeit not hyper-concentrated, demand for Teller positions within the region.
Salary Overview
The average Tellers in Riverside-San Bernardino-Ontario, CA earns+7.7%above the national average.
$21.2
$848
$3,675
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers, like most professions, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increased responsibilities, and evolving financial service demands, leading to incremental salary increases for professionals in this field.
Tellers Salary Distribution in Riverside-San Bernardino-Ontario, CA
Salary progression for Tellers typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching the 75th percentile or above. The percentile gaps clearly signify the career progression and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,390 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,075 | $15.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,330 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,125 | $26.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $50,730 | $24.4 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$44,100
Gross Pay
Real Wage (Purchasing Power)
$44,100
Adjusted for COL (100)
The average annual salary of $44,100 in Riverside-San Bernardino-Ontario, CA aligns perfectly with the national 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, indicating that the higher nominal salary effectively balances out the cost of living expenses.
Job Market Context
2,400
Total Jobs
1.414
Per 1K Jobs
0.64
Location Quotient
Riverside-San Bernardino-Ontario, CA has 0.64x 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 0.64 for Tellers in Riverside-San Bernardino-Ontario, CA, suggests that the job market is less concentrated with Tellers relative to the national average. This implies that while there is a consistent need for these professionals, the market is not saturated, potentially offering good opportunities for skilled individuals entering or advancing within the field.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Tellers Salary | $45,650↑ 4% | 49 mi |
| San Diego-Chula Vista-Carlsbad, CA Tellers Salary | $45,020↑ 2% | 79 mi |
Comparing salaries near Riverside-San Bernardino-Ontario, CA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Riverside-San Bernardino-Ontario, CA?
The median annual salary for a Tellers in Riverside-San Bernardino-Ontario, CA is $44,100. This typically ranges from $37,390 for entry-level positions to $50,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Riverside-San Bernardino-Ontario, CA is 7.7% higher than the national median of $40,940.
Is Riverside-San Bernardino-Ontario, CA a lucrative place for Tellers?
Yes, it offers competitive compensation.Tellers in this area earn above the national average salary, and the local cost of living is on par with the national average, making the compensation quite favorable.
Is Riverside-San Bernardino-Ontario, CA a good place to live for Tellers?
The Cost of Living Index in Riverside-San Bernardino-Ontario, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Riverside-San Bernardino-Ontario, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($45,650) and San Diego-Chula Vista-Carlsbad, CA.
How does the local Teller salary compare to the national average?
The average annual salary for Tellers in Riverside-San Bernardino-Ontario, CA is $44,100, which is higher than the national average of $40,940.
What is the Cost of Living in Riverside-San Bernardino-Ontario, CA?
The Cost of Living Index for Riverside-San Bernardino-Ontario, CA is 100, which is exactly the national average.
How many Tellers work in the Riverside-San Bernardino-Ontario, CA area?
There are approximately 2,400 Tellers employed in the Riverside-San Bernardino-Ontario, CA metropolitan area.
Does the concentration of Tellers indicate high demand?
With a Location Quotient of 0.64, Tellers are less concentrated in this area than the national average, suggesting a stable but not overly saturated job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,400 employees in the Riverside-San Bernardino-Ontario, CA area with a job density of 1.414 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 Riverside-San Bernardino-Ontario, CA