SalaryNode

Average Tellers Salary in Salinas, CA

In Salinas, California, Tellers earn an average annual salary of $45,810, which is notably higher than the national average of $40,940. This elevated compensation is often influenced by regional economic factors and the specific demands of the local financial sector, making Salinas a competitive market for these essential banking professionals.

Executive Summary

  • Average Salary: $45,810 per year.
  • Growth Trend: Salaries have shifted 26.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,520.
  • Outlook: With a total local workforce of 230 Tellers and a Location Quotient of 0.56, the job market in Salinas indicates a slightly lower concentration of these roles compared to the national average. However, the presence of a dedicated workforce suggests consistent demand and opportunities within the local financial institutions.
2024 Market Data

Salary Overview

$45,810

The average Tellers in Salinas, CA earns+11.9%above the national average.

BreakdownBased on 40h/week
Hourly

$22

Weekly

$881

Monthly

$3,818

Tellers Salary Distribution in Salinas, CA

Career progression for Tellers in Salinas, as elsewhere, typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data isn't available, the typical salary range for Tellers can span from approximately $35,000 for junior positions to over $55,000 for experienced professionals, with significant gaps indicating opportunities for advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,810$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,358$16.5
ManagerOversees team, compliance, and project delivery.50% (Median)$44,610$21.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,263$27.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$55,520$26.7

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$45,810

Gross Pay

Real Wage (Purchasing Power)

$45,810

Adjusted for COL (100)

The average annual salary of $45,810 in Salinas aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in Salinas is equivalent to the national average, suggesting that the higher nominal wage effectively balances out the cost of living expenses.

Job Market Context

230

Total Jobs

1.228

Per 1K Jobs

0.56

Location Quotient

Below Average

Salinas, CA has 0.56x 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 0.56 for Tellers in Salinas signifies that the occupation is less concentrated here than the national average. This suggests that while Tellers are present and employed, the market may not be saturated, potentially offering a more stable employment environment for those in the field.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Santa Cruz-Watsonville, CA Tellers Salary$46,190↑ 1%30 mi
San Jose-Sunnyvale-Santa Clara, CA Tellers Salary$52,860↑ 15%47 mi
Modesto, CA Tellers Salary$45,430↓ 1%74 mi
Merced, CA Tellers Salary$43,980↓ 4%77 mi
San Francisco-Oakland-Fremont, CA Tellers Salary$50,360↑ 10%86 mi

Comparing salaries near Salinas, CA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Salinas, CA?

The median annual salary for a Tellers in Salinas, CA is $45,810. This typically ranges from $37,810 for entry-level positions to $55,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salinas, CA is 11.9% higher than the national median of $40,940.

Is Salinas, CA a lucrative place for Tellers?

Yes, it is a moderately lucrative place for Tellers.Tellers in Salinas earn above the national average salary, and the cost of living is on par with the national average, indicating good purchasing power.

Is Salinas, CA a good place to live for Tellers?

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

Where are the highest paying cities near Salinas, CA?

Some top paying nearby cities include Santa Cruz-Watsonville, CA ($46,190) and San Jose-Sunnyvale-Santa Clara, CA.

How does the Salinas Teller salary compare to the national average?

Tellers in Salinas, CA, earn an average of $45,810 annually, which is approximately $4,870 more than the national average of $40,940.

What is the Cost of Living in Salinas, CA?

Salinas, CA has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.

How concentrated are Teller jobs in Salinas compared to the nation?

The Location Quotient for Tellers in Salinas is 0.56, indicating that the occupation is less concentrated in this area compared to the national average.

What is the total number of Tellers employed in Salinas?

There are approximately 230 Tellers employed in the Salinas, CA area, representing 1.228 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 230 employees in the Salinas, CA area with a job density of 1.228 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 Salinas, CA