Average Tellers Salary in Southern Vermont nonmetropolitan area
Tellers in the Southern Vermont nonmetropolitan area earn an average annual salary of $41,890, slightly surpassing the national average of $40,940. This modest premium is often influenced by the unique economic landscape and workforce dynamics characteristic of nonmetropolitan regions, where localized demand and a smaller talent pool can command slightly higher compensation.
Executive Summary
- Average Salary: $41,890 per year.
- Growth Trend: Salaries have shifted 21.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,190.
- Outlook: With a local workforce of 300 Tellers, Southern Vermont presents a concentrated job market. The Location Quotient of 1.61 indicates a significantly higher concentration of Tellers compared to the national average, suggesting robust local demand for these financial service professionals within the region's economic structure.
Salary Overview
The average Tellers in Southern Vermont nonmetropolitan area earns+2.3%above the national average.
$20.1
$806
$3,491
Tellers Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that Tellers' salaries in Southern Vermont have experienced gradual growth over the past four years, mirroring broader economic trends and inflation adjustments seen across the financial sector nationwide. This suggests a stable, if not slightly increasing, earning potential for the role.
Tellers Salary Distribution in Southern Vermont nonmetropolitan area
Career progression for Tellers typically involves salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly above the average. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,000 | $17.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,418 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,320 | $20.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,363 | $25.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,190 | $22.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$41,890
Gross Pay
Real Wage (Purchasing Power)
$41,890
Adjusted for COL (100)
The average annual salary of $41,890 in Southern Vermont 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 that of a Teller earning the national average in a typical U.S. location, offering stable financial footing.
Job Market Context
300
Total Jobs
3.553
Per 1K Jobs
1.61
Location Quotient
Southern Vermont 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.
A Location Quotient of 1.61 signifies that Tellers are 61% more concentrated in Southern Vermont than the national average. This suggests a strong local demand and potentially fewer Tellers per capita compared to national benchmarks, indicating a relatively competitive market for employers seeking talent and a favorable environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT Tellers Salary | $42,840↑ 2% | 40 mi |
| Glens Falls, NY Tellers Salary | $39,900↓ 5% | 69 mi |
| Central New Hampshire nonmetropolitan area Tellers Salary | $40,520↓ 3% | 70 mi |
| Northern New Hampshire nonmetropolitan area Tellers Salary | $40,340↓ 4% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area Tellers Salary | $39,490↓ 6% | 70 mi |
Comparing salaries near Southern Vermont nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southern Vermont nonmetropolitan area?
The median annual salary for a Tellers in Southern Vermont nonmetropolitan area is $41,890. This typically ranges from $37,000 for entry-level positions to $46,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Vermont nonmetropolitan area is 2.3% higher than the national median of $40,940.
Is Southern Vermont nonmetropolitan area a lucrative place for Tellers?
Yes, it offers a slightly above-average salary.Tellers in Southern Vermont earn more than the national average, and the cost of living is on par with the national average, making it financially comparable or slightly better.
Is Southern Vermont nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($42,840) and Glens Falls, NY.
How does the number of Tellers in Southern Vermont compare to the national average?
Southern Vermont has a higher concentration of Tellers, as indicated by a Location Quotient of 1.61, meaning there are significantly more Tellers relative to the workforce size than the national average.
What is the significance of the Jobs per 1,000 Workers metric?
The 3.553 jobs per 1,000 workers metric shows that for every 1,000 individuals in the Southern Vermont workforce, approximately 3.55 are employed as Tellers, highlighting the role's presence within the local economy.
Does experience impact a Teller's salary in Southern Vermont?
Yes, like most professions, Tellers with more experience and advanced skills typically earn higher salaries than entry-level employees, reflecting a standard career progression.
How does the cost of living affect the Teller salary in Southern Vermont?
With a Cost of Living Index of 100, the nominal salary of $41,890 provides purchasing power equivalent to the national average, indicating no significant disadvantage or advantage due to local living expenses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Southern Vermont nonmetropolitan area area with a job density of 3.553 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 Southern Vermont nonmetropolitan area