Average Tellers Salary in Scranton--Wilkes-Barre, PA
In Scranton--Wilkes-Barre, PA, Tellers earn an average annual salary of $39,940. This figure is slightly below the national average of $40,940, suggesting localized economic factors or a different supply-demand dynamic influence compensation in this region. While the pay is close to the national benchmark, understanding the local market nuances is key.
Executive Summary
- Average Salary: $39,940 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,260.
- Outlook: The Scranton--Wilkes-Barre market supports a dedicated workforce of 760 Tellers, with a Location Quotient of 1.36 indicating a higher concentration of these roles compared to the national average. This suggests a stable, and potentially growing, demand for Tellers within the region, making it a noteworthy market for professionals in this field.
Salary Overview
The average Tellers in Scranton--Wilkes-Barre, PA earns-2.4%below the national average.
$19.2
$768
$3,328
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Scranton--Wilkes-Barre is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically drive modest annual increases in compensation for most roles, including those in the financial services sector.
Tellers Salary Distribution in Scranton--Wilkes-Barre, PA
Career progression for Tellers in Scranton--Wilkes-Barre, as elsewhere, typically involves salary increases with experience. Entry-level positions might 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, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,280 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,955 | $14.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,190 | $19.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,925 | $24 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,260 | $21.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,940
Gross Pay
Real Wage (Purchasing Power)
$39,940
Adjusted for COL (100)
The average annual salary of $39,940 in Scranton--Wilkes-Barre aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for Tellers residing in the area.
Job Market Context
760
Total Jobs
2.994
Per 1K Jobs
1.36
Location Quotient
With a location quotient of 1.36, Scranton--Wilkes-Barre, PA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.36, Scranton--Wilkes-Barre demonstrates a concentration of Tellers that is 36% higher than the national average. This indicates a robust local market where Tellers are in relatively higher demand or where the industry has a stronger presence, potentially leading to more job opportunities and competitive hiring.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Tellers Salary | $38,660↓ 3% | 50 mi |
| Allentown-Bethlehem-Easton, PA-NJ Tellers Salary | $39,540↓ 1% | 57 mi |
| Southwest New York nonmetropolitan area Tellers Salary | $38,880↓ 3% | 64 mi |
| Central East New York nonmetropolitan area Tellers Salary | $40,970↑ 3% | 64 mi |
| Capital/Northern New York nonmetropolitan area Tellers Salary | $39,160↓ 2% | 64 mi |
Comparing salaries near Scranton--Wilkes-Barre, PA
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Frequently Asked Questions
How much does a Tellers make in Scranton--Wilkes-Barre, PA?
The median annual salary for a Tellers in Scranton--Wilkes-Barre, PA is $39,940. This typically ranges from $35,280 for entry-level positions to $44,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Scranton--Wilkes-Barre, PA is 2.4% lower than the national median of $40,940.
Is Scranton--Wilkes-Barre, PA a lucrative place for Tellers?
Yes, it offers average national purchasing power for Tellers.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning your earnings will have comparable purchasing power. The higher concentration of Tellers suggests a healthy job market.
Is Scranton--Wilkes-Barre, PA a good place to live for Tellers?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Scranton--Wilkes-Barre, PA?
Some top paying nearby cities include Binghamton, NY ($38,660) and Allentown-Bethlehem-Easton, PA-NJ.
How does the Scranton--Wilkes-Barre Teller salary compare to the national average?
The average annual salary for Tellers in Scranton--Wilkes-Barre, PA is $39,940, which is slightly lower than the national average of $40,940.
What is the Cost of Living in Scranton--Wilkes-Barre, PA?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated are Teller jobs in Scranton--Wilkes-Barre, PA?
The Location Quotient for Tellers in Scranton--Wilkes-Barre, PA is 1.36, meaning the area has a 36% higher concentration of these jobs compared to the national average.
How many Tellers work in Scranton--Wilkes-Barre, PA?
There are approximately 760 Tellers employed in the Scranton--Wilkes-Barre, PA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Scranton--Wilkes-Barre, PA area with a job density of 2.994 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 Scranton--Wilkes-Barre, PA