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Average Tellers Salary in Southern Ohio nonmetropolitan area

Tellers in Southern Ohio's nonmetropolitan areas earn an average annual salary of $39,850. This figure is slightly below the national average of $40,940, a common trend in regions with a lower cost of living and potentially different economic drivers compared to major metropolitan hubs. The specific economic landscape and demand for banking services in these areas directly influence compensation levels.

Executive Summary

  • Average Salary: $39,850 per year.
  • Growth Trend: Salaries have shifted 19.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,850.
  • Outlook: The job market for Tellers in this Southern Ohio nonmetropolitan region appears moderately robust, evidenced by a local workforce of 570 individuals in this role. The Location Quotient of 1.61 significantly exceeds the national average, indicating a higher concentration of Teller positions relative to the general workforce in this area, suggesting consistent demand.
2024 Market Data

Salary Overview

$39,850

The average Tellers in Southern Ohio nonmetropolitan area earns-2.7%below the national average.

BreakdownBased on 40h/week
Hourly

$19.2

Weekly

$766

Monthly

$3,321

Tellers Salary Distribution in Southern Ohio nonmetropolitan area

Career progression for Tellers typically involves salary increases with experience. Entry-level positions often start at the lower end of the pay scale, while senior Tellers with extensive experience, specialized skills, and supervisory responsibilities can command significantly higher salaries. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,230$15.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,888$14.4
ManagerOversees team, compliance, and project delivery.50% (Median)$38,500$18.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,813$23.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$45,850$22

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$39,850

Gross Pay

Real Wage (Purchasing Power)

$39,850

Adjusted for COL (100)

The nominal average annual salary of $39,850 in Southern Ohio's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this region is equivalent to the national average, making the stated income highly competitive within the local economic context.

Job Market Context

570

Total Jobs

3.541

Per 1K Jobs

1.61

Location Quotient

Major Hub

Southern Ohio nonmetropolitan area has 1.6x 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 1.61, Southern Ohio's nonmetropolitan areas exhibit a notable concentration of Teller positions compared to the national average. This suggests that the job market for Tellers here is more abundant than in many other regions, potentially leading to increased competition for open roles but also indicating a stable and established demand for these services.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Mansfield, OH Tellers Salary$39,740 0%29 mi
Columbus, OH Tellers Salary$42,530 7%32 mi
Springfield, OH Tellers Salary$41,320 4%63 mi
Sandusky, OH Tellers Salary$40,900 3%73 mi
Lima, OH Tellers Salary$39,880 0%75 mi

Comparing salaries near Southern Ohio nonmetropolitan area

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Southern Ohio nonmetropolitan area?

The median annual salary for a Tellers in Southern Ohio nonmetropolitan area is $39,850. This typically ranges from $32,230 for entry-level positions to $45,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Ohio nonmetropolitan area is 2.7% lower than the national median of $40,940.

Is Southern Ohio nonmetropolitan area a lucrative place for Tellers?

Yes, it offers competitive earning potential relative to the cost of living.While the average salary is slightly below the national average, the Cost of Living Index is also at the national average, meaning your earnings hold equivalent purchasing power. The high Location Quotient also indicates strong local demand for Teller positions.

Is Southern Ohio nonmetropolitan area a good place to live for Tellers?

The Cost of Living Index in Southern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southern Ohio nonmetropolitan area?

Some top paying nearby cities include Mansfield, OH ($39,740) and Columbus, OH.

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

The average annual salary for Tellers in Southern Ohio's nonmetropolitan areas is $39,850, which is slightly lower than the national average of $40,940.

What does a Location Quotient of 1.61 mean for Tellers in this area?

A Location Quotient of 1.61 signifies that Teller positions are 61% more concentrated in this region than the national average, indicating a higher prevalence and demand for these roles locally.

How does the cost of living affect the Teller salary in Southern Ohio?

With a Cost of Living Index of 100 (matching the national average), the $39,850 salary offers purchasing power equivalent to the national average, making it a stable income within the local economy.

What is the total number of Tellers in this region?

There are approximately 570 Tellers employed in the Southern Ohio nonmetropolitan area, representing a significant portion of the local workforce in the financial sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Southern Ohio nonmetropolitan area area with a job density of 3.541 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.