Average Tellers Salary in San Jose-Sunnyvale-Santa Clara, CA
Tellers in the San Jose-Sunnyvale-Santa Clara, CA area earn an impressive average annual salary of $52,860. This figure significantly surpasses the national average of $40,940, reflecting the higher economic activity and operational costs characteristic of this dynamic California metropolitan region. The demand for skilled financial service professionals in this tech-centric hub naturally commands a premium.
Executive Summary
- Average Salary: $52,860 per year.
- Growth Trend: Salaries have shifted 27.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,950.
- Outlook: The San Jose-Sunnyvale-Santa Clara, CA market supports a local workforce of 1,170 Tellers. While the Location Quotient of 0.47 indicates a slightly lower concentration of Tellers compared to the national average, the presence of over a thousand professionals suggests a stable and established job market. The rate of 1.03 jobs per 1,000 workers further points to consistent, albeit not exceptionally high, demand within the region.
Salary Overview
The average Tellers in San Jose-Sunnyvale-Santa Clara, CA earns+29.1%above the national average.
$25.4
$1,017
$4,405
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in San Jose-Sunnyvale-Santa Clara is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic growth and inflation. Increased demand for financial services, coupled with the rising cost of living in major metropolitan areas, typically drives salary increases for roles like Tellers.
Tellers Salary Distribution in San Jose-Sunnyvale-Santa Clara, CA
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, which is reflected in salary increases. While specific percentile data isn't available, the gap between starting salaries and those earned by experienced Tellers can be substantial, often signifying increased responsibilities, specialized skills, or client management duties. This salary scaling is a key indicator of career development within the banking sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,090 | $21.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,645 | $19.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,020 | $24 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,075 | $31.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,950 | $29.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$52,860
Gross Pay
Real Wage (Purchasing Power)
$52,860
Adjusted for COL (100)
The average annual salary of $52,860 in San Jose-Sunnyvale-Santa Clara, CA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is effectively equivalent to the national average due to the balanced cost of living. Therefore, relocating here offers a salary that matches the local expenses.
Job Market Context
1,170
Total Jobs
1.03
Per 1K Jobs
0.47
Location Quotient
At 0.47x, San Jose-Sunnyvale-Santa Clara, CA has a notably lower concentration of Tellers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.47, the San Jose-Sunnyvale-Santa Clara, CA market has a lower concentration of Tellers relative to the national average. This suggests that while Tellers are present and employed, the job market may not be as saturated as in other regions. This could imply a potentially more competitive environment for job seekers, but also potentially better opportunities for those with specialized skills or experience.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Santa Cruz-Watsonville, CA Tellers Salary | $46,190↓ 13% | 26 mi |
| San Francisco-Oakland-Fremont, CA Tellers Salary | $50,360↓ 5% | 42 mi |
| Salinas, CA Tellers Salary | $45,810↓ 13% | 47 mi |
| Modesto, CA Tellers Salary | $45,430↓ 14% | 53 mi |
| Stockton-Lodi, CA Tellers Salary | $44,100↓ 17% | 54 mi |
Comparing salaries near San Jose-Sunnyvale-Santa Clara, CA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in San Jose-Sunnyvale-Santa Clara, CA?
The median annual salary for a Tellers in San Jose-Sunnyvale-Santa Clara, CA is $52,860. This typically ranges from $45,090 for entry-level positions to $61,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in San Jose-Sunnyvale-Santa Clara, CA is 29.1% higher than the national median of $40,940.
Is San Jose-Sunnyvale-Santa Clara, CA a lucrative place for Tellers?
Yes, it offers a higher nominal salary.Tellers in this region earn an average of $52,860, significantly above the national average. However, the cost of living is also at the national average, meaning the increased salary directly offsets local expenses.
Is San Jose-Sunnyvale-Santa Clara, CA a good place to live for Tellers?
The Cost of Living Index in San Jose-Sunnyvale-Santa Clara, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near San Jose-Sunnyvale-Santa Clara, CA?
Some top paying nearby cities include Santa Cruz-Watsonville, CA ($46,190) and San Francisco-Oakland-Fremont, CA.
How does the Tellers salary in San Jose compare to the national average?
The average annual salary for Tellers in San Jose-Sunnyvale-Santa Clara, CA is $52,860, which is considerably higher than the national average of $40,940.
What is the concentration of Tellers in San Jose-Sunnyvale-Santa Clara, CA?
The Location Quotient for Tellers in this area is 0.47, indicating a lower concentration compared to the national average.
How many Tellers jobs are there per 1,000 workers in San Jose-Sunnyvale-Santa Clara, CA?
There are approximately 1.03 Tellers jobs per 1,000 workers in the San Jose-Sunnyvale-Santa Clara, CA metropolitan area.
Does the cost of living affect the Tellers salary in San Jose-Sunnyvale-Santa Clara, CA?
The cost of living in San Jose-Sunnyvale-Santa Clara, CA is at the national average (100). This means the higher average salary of $52,860 effectively balances out the local expenses, providing purchasing power similar to 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 1,170 employees in the San Jose-Sunnyvale-Santa Clara, CA area with a job density of 1.03 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 Jose-Sunnyvale-Santa Clara, CA