Average Tellers Salary in Southeast Alabama nonmetropolitan area
Tellers in the Southeast Alabama nonmetropolitan area earn an average annual salary of $33,610. This figure is notably below the national average of $40,940, reflecting regional economic factors and a potentially lower demand for banking services in less urbanized areas. The specific economic landscape and industry concentration within this region directly influence the compensation offered to financial service professionals.
Executive Summary
- Average Salary: $33,610 per year.
- Growth Trend: Salaries have shifted 16.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $38,790.
- Outlook: The local workforce for Tellers in Southeast Alabama comprises approximately 330 individuals, with 4.016 jobs per 1,000 workers. This indicates a stable, albeit not rapidly expanding, job market for this role within the region. The concentration, measured by a Location Quotient of 1.82, suggests a higher prevalence of Teller positions relative to the national average, implying a consistent, localized demand.
Salary Overview
The average Tellers in Southeast Alabama nonmetropolitan area earns-17.9%below the national average.
$16.2
$646
$2,801
Tellers Salary Trends (2020-2024)
While specific historical data for Southeast Alabama's Teller salaries over the past four years is not provided, it is generally assumed that compensation in this sector has seen modest growth, mirroring national trends. Economic shifts, inflation, and evolving banking technologies likely contribute to gradual adjustments in pay scales, aiming to retain talent and adapt to market conditions.
Tellers Salary Distribution in Southeast Alabama nonmetropolitan area
Career progression for Tellers typically involves an increase in salary with accumulated experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with several years of experience and specialized skills can command higher salaries. The percentile gaps in salary distribution signify clear opportunities for career advancement and increased earning potential within the Teller profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,320 | $13.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,208 | $12.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,250 | $16.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $42,013 | $20.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $38,790 | $18.6 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$33,610
Gross Pay
Real Wage (Purchasing Power)
$33,610
Adjusted for COL (100)
The nominal average annual salary for Tellers in Southeast Alabama stands at $33,610. This is directly juxtaposed against a Cost of Living Index of 100, which is precisely the national average. Therefore, the purchasing power of a Teller's salary in this region is equivalent to the national average, meaning that while the nominal pay is lower, the cost of essential goods and services does not present an additional financial burden compared to the rest of the country.
Job Market Context
330
Total Jobs
4.016
Per 1K Jobs
1.82
Location Quotient
Southeast Alabama nonmetropolitan area has 1.8x the national concentration of Tellers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.82, Southeast Alabama exhibits a significantly higher concentration of Teller positions than the national average. This suggests that the job market for Tellers in this nonmetropolitan area is relatively robust and potentially less saturated than in major metropolitan hubs. The abundance of these roles indicates a steady demand from local financial institutions seeking to fill these crucial customer-facing positions.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Tellers Salary | $37,470↑ 11% | 44 mi |
| Birmingham, AL Tellers Salary | $39,200↑ 17% | 50 mi |
| Tuscaloosa, AL Tellers Salary | $36,290↑ 8% | 52 mi |
| Auburn-Opelika, AL Tellers Salary | $37,780↑ 12% | 77 mi |
| Anniston-Oxford, AL Tellers Salary | $34,590↑ 3% | 82 mi |
Comparing salaries near Southeast Alabama nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southeast Alabama nonmetropolitan area?
The median annual salary for a Tellers in Southeast Alabama nonmetropolitan area is $33,610. This typically ranges from $27,320 for entry-level positions to $38,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Alabama nonmetropolitan area is 17.9% lower than the national median of $40,940.
Is Southeast Alabama nonmetropolitan area a lucrative place for Tellers?
No, it is not a particularly lucrative place for Tellers.While the cost of living is at the national average, the average salary of $33,610 is substantially lower than the national average of $40,940. The concentration of jobs is higher, but this does not translate to higher pay in this specific region.
Is Southeast Alabama nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southeast Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Alabama nonmetropolitan area?
Some top paying nearby cities include Montgomery, AL ($37,470) and Birmingham, AL.
How does the Teller salary in Southeast Alabama compare to the national average?
The average annual salary for Tellers in Southeast Alabama is $33,610, which is considerably lower than the national average of $40,940.
What is the Cost of Living Index in Southeast Alabama for Tellers?
The Cost of Living Index in Southeast Alabama is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
Is there high demand for Tellers in Southeast Alabama?
Yes, the Location Quotient of 1.82 suggests a higher concentration and thus a relatively strong demand for Tellers in Southeast Alabama compared to the national average.
What does the Location Quotient of 1.82 mean for Teller jobs?
A Location Quotient of 1.82 signifies that Teller jobs are 82% more concentrated in Southeast Alabama than the national average, indicating a more prevalent presence of this occupation in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Southeast Alabama nonmetropolitan area area with a job density of 4.016 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 Southeast Alabama nonmetropolitan area