Tellers in Tyler, Texas, earn an average annual salary of $35,860. This figure is notably below the national average of $40,940, suggesting localized economic factors and demand play a significant role in compensation within this East Texas city. The specific needs and financial landscape of the Tyler market directly influence the pay scale for these essential banking professionals.
Executive Summary
- Average Salary: $35,860 per year.
- Growth Trend: Salaries have shifted 17.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,230.
- Outlook: The Teller job market in Tyler, TX, appears stable with a total local workforce of 290 individuals. The Location Quotient of 1.15 indicates a slightly higher concentration of Tellers in Tyler compared to the national average, suggesting a consistent, albeit not overwhelmingly robust, demand for these roles within the community.
Tellers Salary Trends (2020-2024)
While specific historical data for Teller salary growth in Tyler, TX, is not provided, it's reasonable to assume a general upward trend mirroring national patterns over the past four years. Economic shifts, inflation, and evolving banking practices likely contribute to gradual salary increases, ensuring Tellers' compensation keeps pace with the cost of living and market demands.
Tellers Salary Distribution in Tyler, TX
Career progression for Tellers in Tyler, TX, typically involves moving from entry-level positions to more senior roles, which are compensated at higher salary percentiles. As Tellers gain experience, develop specialized skills, and take on greater responsibilities, their earning potential increases significantly, reflecting their value to financial institutions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,960 | $13.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,895 | $12.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,470 | $17.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $44,825 | $21.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,230 | $21.3 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$35,860
Gross Pay
Real Wage (Purchasing Power)
$35,860
Adjusted for COL (100)
With an average annual salary of $35,860 and a Cost of Living Index of 100, Tellers in Tyler, TX, find their nominal earnings align directly with the national average cost of living. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national standard, making the financial impact neutral.
Job Market Context
290
Total Jobs
2.531
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Tyler, TX has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.15 for Tellers in Tyler, TX, signifies a market where this profession is slightly more concentrated than the national average. This suggests a healthy, established presence of Teller roles, indicating a competitive yet accessible job market for individuals seeking employment in this field within the region.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Longview, TX Tellers Salary | $34,940↓ 3% | 35 mi |
| Shreveport-Bossier City, LA Tellers Salary | $35,060↓ 2% | 89 mi |
| Dallas-Fort Worth-Arlington, TX Tellers Salary | $38,740↑ 8% | 92 mi |
Comparing salaries near Tyler, TX
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Tyler, TX?
The median annual salary for a Tellers in Tyler, TX is $35,860. This typically ranges from $27,960 for entry-level positions to $44,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tyler, TX is 12.4% lower than the national median of $40,940.
Is Tyler, TX a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average Teller salary in Tyler, TX, is below the national average, indicating less lucrative compensation for the role.
Is Tyler, TX a good place to live for Tellers?
The Cost of Living Index in Tyler, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tyler, TX?
Some top paying nearby cities include Longview, TX ($34,940) and Shreveport-Bossier City, LA.
How does the Tyler, TX Teller salary compare to the national average?
The average annual salary for Tellers in Tyler, TX, is $35,860, which is lower than the national average of $40,940.
What is the Cost of Living in Tyler, TX?
Tyler, TX, has a Cost of Living Index of 100, which is exactly the national average, meaning it is neither significantly cheaper nor more expensive to live there than the typical US city.
Is there high demand for Tellers in Tyler, TX?
With a Location Quotient of 1.15, there is a slightly higher concentration of Teller jobs in Tyler, TX, compared to the national average, indicating steady demand.
How many Tellers work in Tyler, TX?
There are approximately 290 Tellers employed in Tyler, TX, representing 2.531 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Tyler, TX area with a job density of 2.531 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 Tyler, TX