Average Tellers Salary in Sussex Delaware nonmetropolitan area
In the Sussex, Delaware nonmetropolitan area, Tellers earn an average annual salary of $42,530. This figure is slightly above the national average of $40,940, indicating a stable compensation landscape for this role. The local economic conditions and demand for banking services in this specific region contribute to this competitive pay.
Executive Summary
- Average Salary: $42,530 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,920.
- Outlook: With a total local workforce of 210 Tellers, the job market in Sussex, Delaware, presents a steady demand for these professionals. The Location Quotient of 1.04 suggests that the concentration of Tellers in this area is slightly higher than the national average, implying a robust and established presence of this occupation.
Salary Overview
The average Tellers in Sussex Delaware nonmetropolitan area earns+3.9%above the national average.
$20.5
$818
$3,544
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Sussex, Delaware is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic trends. Factors such as inflation, increased demand for financial services, and evolving banking technologies likely contribute to incremental salary increases for Tellers.
Tellers Salary Distribution in Sussex Delaware nonmetropolitan area
Career progression for Tellers in Sussex, Delaware, typically involves moving from entry-level positions to more senior roles, which are compensated accordingly. While specific percentile data is unavailable, the expected salary range widens with experience, with senior Tellers commanding higher earnings than their junior counterparts, reflecting increased responsibilities and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,900 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,898 | $15.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,880 | $20.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,163 | $25.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,920 | $22.6 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$42,530
Gross Pay
Real Wage (Purchasing Power)
$42,530
Adjusted for COL (100)
The average annual salary of $42,530 in Sussex, Delaware, 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 comparable to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
210
Total Jobs
2.285
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Sussex Delaware nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.04 signifies that Tellers are slightly more concentrated in Sussex, Delaware, than in the nation as a whole. This suggests a healthy and perhaps slightly more competitive market for Teller positions, where employers may actively seek qualified candidates to fill roles within the local financial institutions.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Dover, DE Tellers Salary | $39,710↓ 7% | 11 mi |
| Vineland, NJ Tellers Salary | $40,910↓ 4% | 29 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Tellers Salary | $42,530- 0% | 47 mi |
| Atlantic City-Hammonton, NJ Tellers Salary | $42,170↓ 1% | 56 mi |
| Baltimore-Columbia-Towson, MD Tellers Salary | $44,280↑ 4% | 59 mi |
Comparing salaries near Sussex Delaware nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Sussex Delaware nonmetropolitan area?
The median annual salary for a Tellers in Sussex Delaware nonmetropolitan area is $42,530. This typically ranges from $36,900 for entry-level positions to $46,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sussex Delaware nonmetropolitan area is 3.9% higher than the national median of $40,940.
Is Sussex Delaware nonmetropolitan area a lucrative place for Tellers?
Yes, it offers competitive compensation relative to the cost of living.Tellers in Sussex, Delaware earn slightly above the national average salary, and with a Cost of Living Index matching the national average, their income provides comparable purchasing power.
Is Sussex Delaware nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Sussex Delaware nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sussex Delaware nonmetropolitan area?
Some top paying nearby cities include Dover, DE ($39,710) and Vineland, NJ.
How does the number of Tellers in Sussex, Delaware compare nationally?
With 2.285 Tellers per 1,000 workers, the density of this profession in Sussex, Delaware is slightly above the national average, indicating a consistent need for these roles.
What is the significance of the Location Quotient for Tellers in Sussex, Delaware?
A Location Quotient of 1.04 suggests that Tellers are slightly more prevalent in Sussex, Delaware, compared to the national average, indicating a stable job market for this profession.
How does the salary for Tellers in Sussex, Delaware compare to the national average?
Tellers in Sussex, Delaware, earn an average of $42,530 annually, which is higher than the national average of $40,940.
What is the impact of the Cost of Living on Teller salaries in Sussex, Delaware?
The Cost of Living Index in Sussex, Delaware, is 100, which is the national average. This means the $42,530 salary offers purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Sussex Delaware nonmetropolitan area area with a job density of 2.285 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 Sussex Delaware nonmetropolitan area