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Average Tellers Salary in Rochester, NY

Tellers in Rochester, NY, earn an average annual salary of $41,410, slightly surpassing the national average of $40,940. This marginal difference is often influenced by local economic factors, the specific financial institutions operating within the region, and the overall demand for banking services in the Rochester metropolitan area.

Executive Summary

  • Average Salary: $41,410 per year.
  • Growth Trend: Salaries have shifted 21.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,920.
  • Outlook: With a local workforce of 960 Tellers and a Location Quotient of 0.89, Rochester presents a stable, albeit slightly below-average concentration, job market for this role. The presence of nearly a thousand professionals in this field indicates consistent demand, suggesting a robust environment for individuals seeking Teller positions.
2024 Market Data

Salary Overview

$41,410

The average Tellers in Rochester, NY earns+1.1%above the national average.

BreakdownBased on 40h/week
Hourly

$19.9

Weekly

$796

Monthly

$3,451

Tellers Salary Distribution in Rochester, NY

Career progression for Tellers in Rochester, NY, typically involves a noticeable salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Tellers, with extensive knowledge of financial products and customer service expertise, can command salaries significantly higher than the average, reflecting their value and contribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,190$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,058$14.9
ManagerOversees team, compliance, and project delivery.50% (Median)$39,600$19
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,763$24.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,920$22.6

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$41,410

Gross Pay

Real Wage (Purchasing Power)

$41,410

Adjusted for COL (100)

The average annual salary of $41,410 in Rochester, NY, 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 Rochester is equivalent to the national average, offering a stable financial standing without significant gains or losses in real income.

Job Market Context

960

Total Jobs

1.964

Per 1K Jobs

0.89

Location Quotient

Below Average

Rochester, NY has 0.89x 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 0.89 suggests that the concentration of Teller jobs in Rochester, NY, is slightly below the national average. This indicates that while the job market is present and stable, it may be less saturated than in other regions, potentially offering a competitive edge for skilled job seekers looking to enter or advance within the local financial sector.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Buffalo-Cheektowaga, NY Tellers Salary$41,480↑ 0%65 mi
Syracuse, NY Tellers Salary$39,570↓ 4%75 mi
Ithaca, NY Tellers Salary$40,550↓ 2%75 mi
Elmira, NY Tellers Salary$39,460↓ 5%85 mi

Comparing salaries near Rochester, NY

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Rochester, NY?

The median annual salary for a Tellers in Rochester, NY is $41,410. This typically ranges from $37,190 for entry-level positions to $46,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rochester, NY is 1.1% higher than the national median of $40,940.

Is Rochester, NY a lucrative place for Tellers?

No, but it is competitive.While the average salary of $41,410 is slightly above the national average, the cost of living is also at the national average, meaning no significant financial advantage. The market is stable but not exceptionally abundant.

Is Rochester, NY a good place to live for Tellers?

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

Where are the highest paying cities near Rochester, NY?

Some top paying nearby cities include Buffalo-Cheektowaga, NY ($41,480) and Syracuse, NY.

What is the average salary for a Teller in Rochester, NY?

The average annual salary for a Teller in Rochester, NY is $41,410.

How does Rochester, NY compare to the national average for Teller salaries?

Rochester, NY Tellers earn slightly more than the national average, with an average salary of $41,410 compared to the national average of $40,940.

What is the Cost of Living in Rochester, NY?

The Cost of Living Index in Rochester, NY is 100, which is exactly the national average.

How concentrated are Teller jobs in Rochester, NY?

Rochester, NY has a Teller job concentration (Location Quotient) of 0.89, indicating slightly fewer Tellers per capita than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Rochester, NY area with a job density of 1.964 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 Rochester, NY