Average Tellers Salary in West Northwestern Ohio nonmetropolitan area
Tellers in the West Northwestern Ohio nonmetropolitan area earn an average annual salary of $38,110. This figure falls slightly below the national average of $40,940, a common trend in nonmetropolitan regions where economic factors and local demand can influence compensation levels. The specific economic landscape and the concentration of financial institutions in this particular Ohio region shape the prevailing wage for these essential banking professionals.
Executive Summary
- Average Salary: $38,110 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,150.
- Outlook: The local job market for Tellers in West Northwestern Ohio appears robust, with a total workforce of 990 individuals in this role. The Location Quotient of 1.8 significantly exceeds the national average, indicating a higher concentration of Teller positions relative to the general workforce in this area. This suggests a strong and potentially growing demand for Tellers within the region's financial sector.
Salary Overview
The average Tellers in West Northwestern Ohio nonmetropolitan area earns-6.9%below the national average.
$18.3
$733
$3,176
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Teller salaries in West Northwestern Ohio have experienced gradual growth over the past four years, mirroring broader economic trends and inflation adjustments. Such increases would typically align with the cost of living and the evolving responsibilities within the Teller role, ensuring that compensation remains competitive within the local market.
Tellers Salary Distribution in West Northwestern Ohio nonmetropolitan area
Career progression for Tellers typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and advanced customer service skills can command significantly higher salaries. The percentile gaps in pay clearly signify opportunities for career advancement and increased earning potential as Tellers develop their expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,200 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,583 | $13.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,050 | $17.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,638 | $22.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,150 | $21.2 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$38,110
Gross Pay
Real Wage (Purchasing Power)
$38,110
Adjusted for COL (100)
The nominal average annual salary of $38,110 in West Northwestern Ohio 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 average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
990
Total Jobs
3.96
Per 1K Jobs
1.8
Location Quotient
West Northwestern Ohio nonmetropolitan area has 1.8x the national concentration of Tellers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.8, the West Northwestern Ohio nonmetropolitan area exhibits a notable concentration of Teller positions, being 80% more concentrated than the national average. This indicates a robust demand for Tellers relative to the size of the local labor pool, suggesting a competitive market where employers actively seek qualified candidates, and job availability is likely favorable for those entering or established in the profession.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Tellers Salary | $39,740↑ 4% | 29 mi |
| Columbus, OH Tellers Salary | $42,530↑ 12% | 32 mi |
| Springfield, OH Tellers Salary | $41,320↑ 8% | 63 mi |
| Sandusky, OH Tellers Salary | $40,900↑ 7% | 73 mi |
| Lima, OH Tellers Salary | $39,880↑ 5% | 75 mi |
Comparing salaries near West Northwestern Ohio nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in West Northwestern Ohio nonmetropolitan area?
The median annual salary for a Tellers in West Northwestern Ohio nonmetropolitan area is $38,110. This typically ranges from $31,200 for entry-level positions to $44,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Northwestern Ohio nonmetropolitan area is 6.9% lower than the national median of $40,940.
Is West Northwestern Ohio nonmetropolitan area a lucrative place for Tellers?
No, it is slightly less lucrative than the national average.While the cost of living is average, the average Teller salary of $38,110 is below the national average of $40,940. However, the high concentration of jobs suggests strong local demand.
Is West Northwestern Ohio nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in West Northwestern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Northwestern Ohio nonmetropolitan area?
Some top paying nearby cities include Mansfield, OH ($39,740) and Columbus, OH.
How does the average Teller salary in West Northwestern Ohio compare to the national average?
The average annual salary for Tellers in West Northwestern Ohio is $38,110, which is approximately $2,830 less than the national average of $40,940.
What does the Location Quotient of 1.8 signify for Teller jobs in this region?
A Location Quotient of 1.8 means that Teller jobs are 80% more concentrated in West Northwestern Ohio compared to the national average, indicating a higher demand and presence of these roles in the local job market.
How does the cost of living in West Northwestern Ohio affect the Teller salary?
The cost of living in West Northwestern Ohio is at the national average (100). This means the $38,110 salary has purchasing power equivalent to the national average, making the slightly lower nominal salary more comparable in real terms.
What is the total number of Tellers employed in West Northwestern Ohio?
There are approximately 990 Tellers employed in the West Northwestern Ohio nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 990 employees in the West Northwestern Ohio nonmetropolitan area area with a job density of 3.96 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 West Northwestern Ohio nonmetropolitan area