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Average Tellers Salary in Spokane-Spokane Valley, WA

Tellers in Spokane-Spokane Valley, WA, command an average annual salary of $47,010, significantly surpassing the national average of $40,940. This elevated compensation is often driven by the specific economic demands and the concentration of financial institutions within the region, creating a localized premium for these essential banking roles.

Executive Summary

  • Average Salary: $47,010 per year.
  • Growth Trend: Salaries have shifted 29.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,840.
  • Outlook: The Spokane-Spokane Valley, WA, market for Tellers appears robust, with a total local workforce of 1,090 individuals. The Location Quotient of 1.94 indicates a concentration of Teller positions nearly double the national average, suggesting strong demand and a stable job market for these professionals within the area.
2024 Market Data

Salary Overview

$47,010

The average Tellers in Spokane-Spokane Valley, WA earns+14.8%above the national average.

BreakdownBased on 40h/week
Hourly

$22.6

Weekly

$904

Monthly

$3,918

Tellers Salary Distribution in Spokane-Spokane Valley, WA

Career progression for Tellers in Spokane-Spokane Valley, WA, typically correlates with experience. Entry-level positions may start closer to the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, reflecting the percentile gaps in compensation that signify advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,700$18.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,258$17
ManagerOversees team, compliance, and project delivery.50% (Median)$46,050$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,763$28.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,840$27.3

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$47,010

Gross Pay

Real Wage (Purchasing Power)

$47,010

Adjusted for COL (100)

With an average annual salary of $47,010 and a Cost of Living Index of 100 (matching the national average), Tellers in Spokane-Spokane Valley, WA, experience a salary that directly aligns with the typical cost of living. This means their earnings provide purchasing power equivalent to the national standard, offering financial stability without the added pressure of a higher cost of living.

Job Market Context

1,090

Total Jobs

4.262

Per 1K Jobs

1.94

Location Quotient

Major Hub

Spokane-Spokane Valley, WA has 1.9x 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 1.94 for Tellers in Spokane-Spokane Valley, WA, signifies a market where these roles are more than twice as prevalent as the national average. This suggests a competitive yet abundant job market, where employers actively seek Teller talent, and professionals have a good selection of opportunities.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Coeur d'Alene, ID Tellers Salary$40,700 13%30 mi
Lewiston, ID-WA Tellers Salary$42,180 10%90 mi

Comparing salaries near Spokane-Spokane Valley, WA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Spokane-Spokane Valley, WA?

The median annual salary for a Tellers in Spokane-Spokane Valley, WA is $47,010. This typically ranges from $38,700 for entry-level positions to $56,840 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Spokane-Spokane Valley, WA is 14.8% higher than the national median of $40,940.

Is Spokane-Spokane Valley, WA a lucrative place for Tellers?

Yes, Spokane-Spokane Valley, WA, offers a lucrative environment for Tellers.Tellers in this region earn approximately $6,000 more than the national average, while maintaining a cost of living that is on par with the national average.

Is Spokane-Spokane Valley, WA a good place to live for Tellers?

The Cost of Living Index in Spokane-Spokane Valley, WA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Spokane-Spokane Valley, WA?

Some top paying nearby cities include Coeur d'Alene, ID ($40,700) and Lewiston, ID-WA.

How does the Spokane-Spokane Valley Teller salary compare to the national average?

The average annual salary for Tellers in Spokane-Spokane Valley, WA, is $47,010, which is notably higher than the national average of $40,940.

What is the concentration of Teller jobs in Spokane-Spokane Valley, WA?

The Location Quotient for Tellers in Spokane-Spokane Valley, WA, is 1.94, indicating that the concentration of these jobs is nearly double the national average.

Does the cost of living in Spokane-Spokane Valley, WA affect Teller salaries?

No, the Cost of Living Index in Spokane-Spokane Valley, WA, is 100, which is the national average. This means the higher salary is not offset by increased living expenses.

How many Tellers are employed in Spokane-Spokane Valley, WA?

There are approximately 1,090 Tellers employed in the Spokane-Spokane Valley, WA, 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 1,090 employees in the Spokane-Spokane Valley, WA area with a job density of 4.262 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.