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Average Tellers Salary in Utica-Rome, NY

The average annual salary for Tellers in Utica-Rome, NY is $39,530. This figure is slightly below the national average of $40,940, suggesting localized economic factors or a different market dynamic at play. While the pay may be marginally lower than the national benchmark, it's crucial to consider the context of the local economy and cost of living.

Executive Summary

  • Average Salary: $39,530 per year.
  • Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $43,700.
  • Outlook: With a total local workforce of 340 Tellers, Utica-Rome, NY demonstrates a moderate presence in this sector. The Location Quotient of 1.32 indicates a higher concentration of Tellers compared to the national average, suggesting a potentially robust demand or a specialized market for these financial professionals within the region.
2024 Market Data

Salary Overview

$39,530

The average Tellers in Utica-Rome, NY earns-3.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19

Weekly

$760

Monthly

$3,294

Tellers Salary Distribution in Utica-Rome, NY

Career progression for Tellers in Utica-Rome, NY typically involves salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings highlight the potential for substantial career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,810$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,648$14.3
ManagerOversees team, compliance, and project delivery.50% (Median)$39,560$19
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,413$23.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$43,700$21

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$39,530

Gross Pay

Real Wage (Purchasing Power)

$39,530

Adjusted for COL (100)

The nominal salary of $39,530 in Utica-Rome, NY aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in this region is equivalent to the national standard, indicating that while the salary may not exceed the national average, it offers a comparable standard of living.

Job Market Context

340

Total Jobs

2.906

Per 1K Jobs

1.32

Location Quotient

Above Average

With a location quotient of 1.32, Utica-Rome, NY has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

The Location Quotient of 1.32 for Tellers in Utica-Rome, NY signifies that this profession is more concentrated in the area than the national average. This suggests a potentially competitive job market where employers may have a good pool of candidates, but it also points to a sustained demand for Tellers within the local financial services industry.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Syracuse, NY Tellers Salary$39,570↑ 0%46 mi
Southwest New York nonmetropolitan area Tellers Salary$38,880↓ 2%66 mi
Central East New York nonmetropolitan area Tellers Salary$40,970↑ 4%66 mi
Capital/Northern New York nonmetropolitan area Tellers Salary$39,160↓ 1%66 mi
Watertown-Fort Drum, NY Tellers Salary$39,170↓ 1%70 mi

Comparing salaries near Utica-Rome, NY

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Utica-Rome, NY?

The median annual salary for a Tellers in Utica-Rome, NY is $39,530. This typically ranges from $35,810 for entry-level positions to $43,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Utica-Rome, NY is 3.4% lower than the national median of $40,940.

Is Utica-Rome, NY a lucrative place for Tellers?

No, not significantly more lucrative than the national average.While the salary of $39,530 is close to the national average, it does not offer a substantial financial advantage. However, the cost of living matching the national average ensures comparable purchasing power.

Is Utica-Rome, NY a good place to live for Tellers?

The Cost of Living Index in Utica-Rome, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Utica-Rome, NY?

Some top paying nearby cities include Syracuse, NY ($39,570) and Southwest New York nonmetropolitan area.

How does the Utica-Rome Teller salary compare to the national average?

The average annual salary for Tellers in Utica-Rome, NY is $39,530, which is slightly lower than the national average of $40,940.

What is the Cost of Living in Utica-Rome, NY for Tellers?

The Cost of Living Index in Utica-Rome, NY is 100, which is exactly the national average, meaning your salary's purchasing power is on par with the rest of the country.

Is there high demand for Tellers in Utica-Rome, NY?

With a Location Quotient of 1.32, Tellers are more concentrated in Utica-Rome, NY than the national average, indicating a healthy demand for these professionals in the local market.

What is the total number of Tellers in Utica-Rome, NY?

There are approximately 340 Tellers employed in the Utica-Rome, NY area, representing 2.906 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Utica-Rome, NY area with a job density of 2.906 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 Utica-Rome, NY