SalaryNode

Average Tellers Salary in Tuscaloosa, AL

Tellers in Tuscaloosa, AL earn an average annual salary of $36,290. This figure is notably below the national average of $40,940, suggesting that local economic factors and demand within the Tuscaloosa market play a significant role in compensation levels for this profession.

Executive Summary

  • Average Salary: $36,290 per year.
  • Growth Trend: Salaries have shifted 27.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,560.
  • Outlook: With a local workforce of 350 Tellers and a Location Quotient of 1.46, Tuscaloosa exhibits a concentration of these roles that is 46% higher than the national average. This indicates a robust local demand and a specialized job market for Tellers within the area, suggesting a stable employment landscape for professionals in this field.
2024 Market Data

Salary Overview

$36,290

The average Tellers in Tuscaloosa, AL earns-11.4%below the national average.

BreakdownBased on 40h/week
Hourly

$17.5

Weekly

$698

Monthly

$3,024

Tellers Salary Distribution in Tuscaloosa, AL

The salary progression for Tellers in Tuscaloosa, AL, like elsewhere, is typically tied to experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries, often reaching the upper percentiles of the reported average.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,350$14.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$27,218$13.1
ManagerOversees team, compliance, and project delivery.50% (Median)$36,740$17.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$45,363$21.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$44,560$21.4

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$36,290

Gross Pay

Real Wage (Purchasing Power)

$36,290

Adjusted for COL (100)

The average annual salary of $36,290 in Tuscaloosa, AL aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in Tuscaloosa is equivalent to the national average, offering a stable financial environment without significant advantages or disadvantages related to living expenses.

Job Market Context

350

Total Jobs

3.221

Per 1K Jobs

1.46

Location Quotient

Above Average

With a location quotient of 1.46, Tuscaloosa, AL has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.46 for Tellers in Tuscaloosa, AL signifies a higher concentration of these jobs compared to the national average. This suggests that the job market for Tellers in Tuscaloosa is relatively more abundant and potentially more competitive than in other regions, offering more opportunities but also requiring professionals to stand out.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Birmingham, AL Tellers Salary$39,200↑ 8%47 mi
Northeast Alabama nonmetropolitan area Tellers Salary$34,810↓ 4%52 mi
Southeast Alabama nonmetropolitan area Tellers Salary$33,610↓ 7%52 mi
Northwest Alabama nonmetropolitan area Tellers Salary$32,770↓ 10%52 mi
Southwest Alabama nonmetropolitan area Tellers Salary$33,820↓ 7%52 mi

Comparing salaries near Tuscaloosa, AL

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Tuscaloosa, AL?

The median annual salary for a Tellers in Tuscaloosa, AL is $36,290. This typically ranges from $30,350 for entry-level positions to $44,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tuscaloosa, AL is 11.4% lower than the national median of $40,940.

Is Tuscaloosa, AL a lucrative place for Tellers?

No, not particularly lucrative compared to the national average.While the cost of living is average, the average salary for Tellers in Tuscaloosa, AL ($36,290) is below the national average ($40,940), indicating less lucrative compensation in this specific location.

Is Tuscaloosa, AL a good place to live for Tellers?

The Cost of Living Index in Tuscaloosa, AL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Tuscaloosa, AL?

Some top paying nearby cities include Birmingham, AL ($39,200) and Northeast Alabama nonmetropolitan area.

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

The average annual salary for Tellers in Tuscaloosa, AL is $36,290, which is lower than the national average of $40,940.

What is the significance of the Location Quotient in Tuscaloosa for Tellers?

A Location Quotient of 1.46 means that Tellers are 46% more concentrated in Tuscaloosa than the national average, indicating a higher demand or a more specialized local market for this role.

Does the cost of living in Tuscaloosa affect Teller salaries?

The Cost of Living Index in Tuscaloosa is 100, which is the national average. This means that the $36,290 salary has average purchasing power locally, aligning with national standards.

How many Tellers work in Tuscaloosa, AL?

There are approximately 350 Tellers employed within the Tuscaloosa, AL workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Tuscaloosa, AL area with a job density of 3.221 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Tuscaloosa, AL