SalaryNode

Average Tellers Salary in Roanoke, VA

Tellers in Roanoke, VA, earn an average annual salary of $38,540. This figure is slightly below the national average of $40,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within the Roanoke area. The cost of living in Roanoke aligns perfectly with the national average, suggesting that this salary offers a comparable standard of living.

Executive Summary

  • Average Salary: $38,540 per year.
  • Growth Trend: Salaries have shifted 24.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,210.
  • Outlook: The Teller job market in Roanoke, VA, shows a healthy concentration, with a Location Quotient of 1.11, suggesting a slightly higher presence of these roles compared to the national average. With a local workforce of 370 Tellers and 2.439 jobs per 1,000 workers, the demand appears stable and consistent within this Virginia city.
2024 Market Data

Salary Overview

$38,540

The average Tellers in Roanoke, VA earns-5.9%below the national average.

BreakdownBased on 40h/week
Hourly

$18.5

Weekly

$741

Monthly

$3,212

Tellers Salary Distribution in Roanoke, VA

Career progression for Tellers in Roanoke, VA, typically involves a salary increase with experience. Entry-level positions might start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries, reflecting the typical percentile gaps seen in career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,350$14.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$28,905$13.9
ManagerOversees team, compliance, and project delivery.50% (Median)$37,710$18.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,175$23.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,210$22.2

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$38,540

Gross Pay

Real Wage (Purchasing Power)

$38,540

Adjusted for COL (100)

The average annual salary of $38,540 for Tellers in Roanoke, VA, is perfectly balanced by the local Cost of Living Index of 100, which matches the national average. This means that the nominal salary has strong purchasing power locally, offering a standard of living equivalent to the national median.

Job Market Context

370

Total Jobs

2.439

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, Roanoke, VA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

Roanoke, VA, exhibits a Location Quotient of 1.11 for Tellers, indicating a slightly higher concentration of these jobs than the national average. This suggests a moderately competitive market where demand is present but not overwhelmingly saturated, offering steady opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Blacksburg-Christiansburg-Radford, VA Tellers Salary$36,920↓ 4%26 mi
Lynchburg, VA Tellers Salary$40,390↑ 5%43 mi
Beckley, WV Tellers Salary$31,980↓ 17%76 mi
Staunton-Stuarts Draft, VA Tellers Salary$38,890↑ 1%78 mi
Greensboro-High Point, NC Tellers Salary$42,960↑ 11%82 mi

Comparing salaries near Roanoke, VA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Roanoke, VA?

The median annual salary for a Tellers in Roanoke, VA is $38,540. This typically ranges from $29,350 for entry-level positions to $46,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Roanoke, VA is 5.9% lower than the national median of $40,940.

Is Roanoke, VA a lucrative place for Tellers?

Yes, Roanoke, VA offers a stable earning potential for Tellers.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power comparable. The job market also shows a healthy concentration.

Is Roanoke, VA a good place to live for Tellers?

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

Where are the highest paying cities near Roanoke, VA?

Some top paying nearby cities include Blacksburg-Christiansburg-Radford, VA ($36,920) and Lynchburg, VA.

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

The average annual salary for Tellers in Roanoke, VA is $38,540, which is slightly lower than the national average of $40,940.

What is the Cost of Living in Roanoke, VA?

Roanoke, VA has a Cost of Living Index of 100, which is exactly the national average, indicating that everyday expenses are neither significantly higher nor lower than the typical US city.

How concentrated are Teller jobs in Roanoke, VA?

The Location Quotient for Tellers in Roanoke, VA is 1.11, meaning there are slightly more Teller jobs per worker in Roanoke than the national average.

What is the total number of Tellers in Roanoke, VA?

There are approximately 370 Tellers employed in Roanoke, VA, representing 2.439 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Roanoke, VA area with a job density of 2.439 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 Roanoke, VA