Average Tellers Salary in Urban Honolulu, HI
Tellers in Urban Honolulu, HI earn an average annual salary of $42,040, slightly above the national average of $40,940. This marginal difference is often influenced by the unique economic factors and operational costs associated with island locations, which can necessitate higher compensation to attract and retain qualified professionals in this vital customer-facing role.
Executive Summary
- Average Salary: $42,040 per year.
- Growth Trend: Salaries have shifted 15.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,980.
- Outlook: With a local workforce of 1,080 Tellers and a Location Quotient of 1.11, Urban Honolulu exhibits a slightly higher concentration of these roles compared to the national average. This suggests a stable, albeit not exceptionally booming, demand for Tellers within the area, indicating a healthy job market for those seeking or maintaining employment in this sector.
Salary Overview
The average Tellers in Urban Honolulu, HI earns+2.7%above the national average.
$20.2
$808
$3,503
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Tellers salaries in Urban Honolulu have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, evolving banking technologies, and the increasing complexity of financial transactions likely contribute to a steady upward trajectory in compensation for these professionals.
Tellers Salary Distribution in Urban Honolulu, HI
Career progression for Tellers in Urban Honolulu typically involves moving from entry-level positions to more senior roles, often accompanied by significant salary increases. While specific percentile data isn't available, the typical career path suggests that experienced Tellers can command salaries well above the average, reflecting acquired skills, customer service expertise, and potentially supervisory responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,240 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,530 | $15.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,540 | $19 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,550 | $25.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,980 | $23.1 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$42,040
Gross Pay
Real Wage (Purchasing Power)
$42,040
Adjusted for COL (100)
The average annual salary of $42,040 in Urban Honolulu aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in Urban Honolulu is comparable to that of a Teller in a typical U.S. city, offering a balanced financial landscape for residents.
Job Market Context
1,080
Total Jobs
2.439
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Urban Honolulu, HI has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.11 indicates that Tellers are slightly more concentrated in Urban Honolulu than the national average. This suggests a modestly competitive market where demand is present and slightly exceeds the national proportion, potentially offering good opportunities for skilled individuals without indicating an oversaturated employment landscape.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Hawaii / Kauai nonmetropolitan area Tellers Salary | $42,400↑ 1% | 37 mi |
Comparing salaries near Urban Honolulu, HI
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Urban Honolulu, HI?
The median annual salary for a Tellers in Urban Honolulu, HI is $42,040. This typically ranges from $37,240 for entry-level positions to $47,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Urban Honolulu, HI is 2.7% higher than the national median of $40,940.
Is Urban Honolulu, HI a lucrative place for Tellers?
Yes, it offers a slightly above-average salary.Tellers in Urban Honolulu earn $42,040 annually, surpassing the national average. Coupled with a cost of living index matching the national average, this makes the location financially favorable for Tellers.
Is Urban Honolulu, HI a good place to live for Tellers?
The Cost of Living Index in Urban Honolulu, HI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Urban Honolulu, HI?
Some top paying nearby cities include Hawaii / Kauai nonmetropolitan area ($42,400) and others.
How does the Urban Honolulu Teller salary compare to the national average?
The average annual salary for Tellers in Urban Honolulu, HI is $42,040, which is $1,100 higher than the national average of $40,940.
What is the concentration of Tellers in Urban Honolulu, HI?
The Location Quotient for Tellers in Urban Honolulu is 1.11, indicating a slightly higher concentration of these jobs compared to the national average.
How does the cost of living in Urban Honolulu affect a Teller's salary?
Urban Honolulu has a Cost of Living Index of 100, which is the national average. This means the $42,040 salary has purchasing power equivalent to the national average.
What is the total number of Tellers in Urban Honolulu, HI?
There are approximately 1,080 Tellers employed in the Urban Honolulu, HI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,080 employees in the Urban Honolulu, HI area with a job density of 2.439 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 Urban Honolulu, HI