Average Tellers Salary in Southern West Virginia nonmetropolitan area
Tellers in the Southern West Virginia nonmetropolitan area earn an average annual salary of $30,740. This figure is notably lower than the national average of $40,940, reflecting the economic landscape and specific market demands of this region. Localized economic factors and a different cost structure often influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $30,740 per year.
- Growth Trend: Salaries have shifted 6.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $34,320.
- Outlook: The local job market for Tellers in Southern West Virginia appears moderately concentrated, with a total workforce of 320 individuals. The Location Quotient of 1.98 suggests a demand for Tellers that is nearly double the national average relative to the general workforce, indicating a stable, albeit localized, employment environment.
Salary Overview
The average Tellers in Southern West Virginia nonmetropolitan area earns-24.9%below the national average.
$14.8
$591
$2,562
Tellers Salary Trends (2020-2024)
While specific historical data for this exact region and role isn't provided, it's generally assumed that salaries for Tellers, like many positions, have experienced gradual growth over the past four years. This growth is typically driven by inflation, evolving banking technologies, and the need to retain skilled personnel within the financial sector.
Tellers Salary Distribution in Southern West Virginia nonmetropolitan area
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data isn't available, the gap between starting and senior Teller salaries generally signifies increased responsibility, customer service expertise, and potentially supervisory duties.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,880 | $13.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $23,055 | $11.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $29,910 | $14.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $38,425 | $18.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $34,320 | $16.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$30,740
Gross Pay
Real Wage (Purchasing Power)
$30,740
Adjusted for COL (100)
With a Cost of Living Index of 100, the national average, the nominal salary of $30,740 in Southern West Virginia aligns directly with national cost expectations. This means that while the salary is below the national average, the cost of goods and services is also at the national average, suggesting a balanced purchasing power within the region.
Job Market Context
320
Total Jobs
4.356
Per 1K Jobs
1.98
Location Quotient
Southern West Virginia nonmetropolitan area has 2.0x 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.
The Location Quotient of 1.98 for Tellers in Southern West Virginia signifies a significant concentration of these roles compared to the national average. This suggests that the job market here is more specialized and potentially offers more opportunities relative to the overall job pool than in other areas, making it a key region for this profession.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Charlottesville, VA Tellers Salary | $43,730↑ 42% | 25 mi |
| Richmond, VA Tellers Salary | $44,300↑ 44% | 41 mi |
| Staunton-Stuarts Draft, VA Tellers Salary | $38,890↑ 27% | 56 mi |
| Harrisonburg, VA Tellers Salary | $41,120↑ 34% | 60 mi |
| Lynchburg, VA Tellers Salary | $40,390↑ 31% | 61 mi |
Comparing salaries near Southern West Virginia nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southern West Virginia nonmetropolitan area?
The median annual salary for a Tellers in Southern West Virginia nonmetropolitan area is $30,740. This typically ranges from $27,880 for entry-level positions to $34,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern West Virginia nonmetropolitan area is 24.9% lower than the national median of $40,940.
Is Southern West Virginia nonmetropolitan area a lucrative place for Tellers?
No, it is not considered a lucrative place for Tellers.The average salary of $30,740 is substantially lower than the national average of $40,940. While the cost of living is at the national average, the lower nominal wage limits earning potential.
Is Southern West Virginia nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southern West Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern West Virginia nonmetropolitan area?
Some top paying nearby cities include Charlottesville, VA ($43,730) and Richmond, VA.
How does the Teller salary in Southern West Virginia compare to the national average?
The average Teller salary in Southern West Virginia is $30,740, which is approximately 25% lower than the national average of $40,940.
What does the Location Quotient of 1.98 mean for Tellers in this area?
A Location Quotient of 1.98 indicates that Tellers are nearly twice as concentrated in Southern West Virginia compared to the national average, suggesting a higher relative demand for this role in the region.
How does the Cost of Living Index affect the $30,740 salary?
With a Cost of Living Index of 100 (the national average), the $30,740 salary has purchasing power equivalent to the national average, meaning expenses are neither significantly higher nor lower than the typical US city.
What is the total number of Tellers in Southern West Virginia?
There are approximately 320 Tellers employed in the Southern West Virginia nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Southern West Virginia nonmetropolitan area area with a job density of 4.356 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 West Virginia nonmetropolitan area