Average Tellers Salary in Sacramento-Roseville-Folsom, CA
Tellers in the Sacramento-Roseville-Folsom, CA area earn an impressive average annual salary of $48,730, significantly outpacing the national average of $40,940. This elevated compensation is often a reflection of the specific economic drivers and demand within the region, which necessitate a higher pay scale to attract and retain qualified financial professionals.
Executive Summary
- Average Salary: $48,730 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,700.
- Outlook: With a local workforce of 1,340 Tellers and a Location Quotient of 0.57, the Sacramento-Roseville-Folsom area presents a moderately concentrated market for this profession. While not as densely populated with Tellers as the national average, the existing workforce indicates a stable demand for these essential banking roles within the region's financial institutions.
Salary Overview
The average Tellers in Sacramento-Roseville-Folsom, CA earns+19.0%above the national average.
$23.4
$937
$4,061
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Sacramento-Roseville-Folsom is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for financial services, and evolving teller responsibilities likely contribute to gradual salary growth in this sector.
Tellers Salary Distribution in Sacramento-Roseville-Folsom, CA
Career progression for Tellers typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,750 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,548 | $17.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,420 | $22.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,913 | $29.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,700 | $28.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$48,730
Gross Pay
Real Wage (Purchasing Power)
$48,730
Adjusted for COL (100)
The average annual salary of $48,730 in Sacramento-Roseville-Folsom, CA, 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 this region is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
1,340
Total Jobs
1.257
Per 1K Jobs
0.57
Location Quotient
Sacramento-Roseville-Folsom, CA has 0.57x 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 0.57 indicates that Tellers are less concentrated in the Sacramento-Roseville-Folsom area compared to the national average. This suggests that while the job exists, it is not a primary hub for this specific role, potentially leading to a more balanced or slightly employer-favored market depending on specific local demand dynamics.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Yuba City, CA Tellers Salary | $44,100↓ 10% | 40 mi |
| Stockton-Lodi, CA Tellers Salary | $44,100↓ 10% | 42 mi |
| Napa, CA Tellers Salary | $51,880↑ 6% | 49 mi |
| Vallejo, CA Tellers Salary | $48,080↓ 1% | 52 mi |
| Santa Rosa-Petaluma, CA Tellers Salary | $47,720↓ 2% | 67 mi |
Comparing salaries near Sacramento-Roseville-Folsom, CA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Sacramento-Roseville-Folsom, CA?
The median annual salary for a Tellers in Sacramento-Roseville-Folsom, CA is $48,730. This typically ranges from $38,750 for entry-level positions to $59,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sacramento-Roseville-Folsom, CA is 19.0% higher than the national median of $40,940.
Is Sacramento-Roseville-Folsom, CA a lucrative place for Tellers?
Yes, it is a more lucrative place for Tellers compared to the national average.Tellers in this region earn approximately $7,790 more annually than their national counterparts. The local cost of living being at the national average further enhances the real value of this higher salary.
Is Sacramento-Roseville-Folsom, CA a good place to live for Tellers?
The Cost of Living Index in Sacramento-Roseville-Folsom, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sacramento-Roseville-Folsom, CA?
Some top paying nearby cities include Yuba City, CA ($44,100) and Stockton-Lodi, CA.
How does the Sacramento-Roseville-Folsom Teller salary compare to the national average?
The average annual salary for Tellers in Sacramento-Roseville-Folsom, CA is $48,730, which is notably higher than the national average of $40,940.
What is the Cost of Living in Sacramento-Roseville-Folsom, CA for Tellers?
The Cost of Living Index in Sacramento-Roseville-Folsom, CA is 100, which is exactly the national average, indicating that the cost of goods and services is neither significantly higher nor lower than the rest of the country.
How many Tellers are there in the Sacramento-Roseville-Folsom, CA workforce?
There are approximately 1,340 Tellers employed within the Sacramento-Roseville-Folsom, CA metropolitan area.
Is the market for Tellers in Sacramento-Roseville-Folsom, CA saturated?
With a Location Quotient of 0.57, the market for Tellers in Sacramento-Roseville-Folsom, CA is less concentrated than the national average, suggesting it is not saturated and may offer good opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,340 employees in the Sacramento-Roseville-Folsom, CA area with a job density of 1.257 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 Sacramento-Roseville-Folsom, CA