Average Tellers Salary in San Francisco-Oakland-Fremont, CA
Tellers in the San Francisco-Oakland-Fremont, CA area earn an average annual salary of $50,360, significantly higher than the national average of $40,940. This elevated compensation is largely driven by the region's robust economic activity and the higher cost of doing business, which necessitates competitive pay to attract and retain qualified financial service professionals.
Executive Summary
- Average Salary: $50,360 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,880.
- Outlook: The San Francisco-Oakland-Fremont metropolitan area supports a local workforce of 2,880 Tellers. With a Location Quotient of 0.54, the concentration of Tellers is below the national average, suggesting a potentially less saturated but still present demand for these roles within the local financial sector. The presence of nearly 3,000 professionals indicates a stable, established market for banking services.
Salary Overview
The average Tellers in San Francisco-Oakland-Fremont, CA earns+23.0%above the national average.
$24.2
$968
$4,197
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in San Francisco-Oakland-Fremont is not provided, it is reasonable to assume a trend of salary growth over the past four years, mirroring national patterns. Economic expansion and inflation typically drive up wages across most sectors, and banking is no exception, suggesting that Tellers in this region have likely seen their earning potential increase.
Tellers Salary Distribution in San Francisco-Oakland-Fremont, CA
Career progression for Tellers typically involves a salary increase with experience. Entry-level positions often start near the lower end of the pay scale, while senior Tellers with extensive knowledge of financial products, customer service expertise, and potentially supervisory duties can command significantly higher salaries. The percentile gaps in salary data would reflect this upward mobility and the value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,100 | $19.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,770 | $18.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,850 | $23 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,950 | $30.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,880 | $28.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$50,360
Gross Pay
Real Wage (Purchasing Power)
$50,360
Adjusted for COL (100)
The average annual salary of $50,360 for Tellers in San Francisco-Oakland-Fremont aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national average, as the cost of goods and services in the region is also at the national average.
Job Market Context
2,880
Total Jobs
1.196
Per 1K Jobs
0.54
Location Quotient
San Francisco-Oakland-Fremont, CA has 0.54x 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 0.54 indicates that Tellers are less concentrated in the San Francisco-Oakland-Fremont area compared to the national average. This suggests that while the job market is not oversaturated with Tellers relative to other professions, there is still a consistent demand for these roles within the local economy. The market is neither exceptionally competitive nor scarce, presenting a balanced opportunity for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Vallejo, CA Tellers Salary | $48,080↓ 5% | 27 mi |
| Napa, CA Tellers Salary | $51,880↑ 3% | 38 mi |
| San Jose-Sunnyvale-Santa Clara, CA Tellers Salary | $52,860↑ 5% | 42 mi |
| Santa Rosa-Petaluma, CA Tellers Salary | $47,720↓ 5% | 50 mi |
| Santa Cruz-Watsonville, CA Tellers Salary | $46,190↓ 8% | 58 mi |
Comparing salaries near San Francisco-Oakland-Fremont, CA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in San Francisco-Oakland-Fremont, CA?
The median annual salary for a Tellers in San Francisco-Oakland-Fremont, CA is $50,360. This typically ranges from $41,100 for entry-level positions to $59,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in San Francisco-Oakland-Fremont, CA is 23.0% higher than the national median of $40,940.
Is San Francisco-Oakland-Fremont, CA a lucrative place for Tellers?
Yes, but with caveats.The average salary of $50,360 is notably higher than the national average. However, the Cost of Living Index being at the national average means the increased salary's purchasing power is comparable to the national average.
Is San Francisco-Oakland-Fremont, CA a good place to live for Tellers?
The Cost of Living Index in San Francisco-Oakland-Fremont, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near San Francisco-Oakland-Fremont, CA?
Some top paying nearby cities include Vallejo, CA ($48,080) and Napa, CA.
How does the number of Tellers in San Francisco compare to the national average?
With 2,880 Tellers locally and 1.196 jobs per 1,000 workers, the concentration (Location Quotient) is 0.54, meaning there are fewer Tellers per capita than the national average.
What is the significance of the Location Quotient for Tellers in this area?
A Location Quotient of 0.54 suggests that Tellers are less concentrated in San Francisco-Oakland-Fremont compared to the national average, potentially indicating a stable or growing demand relative to supply.
Does experience significantly impact a Teller's salary in San Francisco?
Yes, typically, more experienced Tellers command higher salaries due to their increased knowledge, efficiency, and customer service skills, reflecting a clear career progression path.
How does the Cost of Living affect the value of a Teller's salary in San Francisco?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $50,360 salary offers purchasing power equivalent to the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,880 employees in the San Francisco-Oakland-Fremont, CA area with a job density of 1.196 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 San Francisco-Oakland-Fremont, CA