Average Tellers Salary in Yakima, WA
Tellers in Yakima, WA, earn an average annual salary of $44,550, which is notably higher than the national average of $40,940. This localized premium is often influenced by the specific economic conditions and demand within the Yakima region, reflecting a unique market dynamic for financial service professionals.
Executive Summary
- Average Salary: $44,550 per year.
- Growth Trend: Salaries have shifted 26.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $51,830.
- Outlook: With a total local workforce of 240 Tellers and a Location Quotient of 1.1, Yakima presents a slightly more concentrated job market than the national average. This suggests a stable, albeit not rapidly expanding, demand for Tellers, indicating a robust employment landscape for those in this profession within the area.
Salary Overview
The average Tellers in Yakima, WA earns+8.8%above the national average.
$21.4
$857
$3,713
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Tellers in Yakima have experienced steady growth over the past four years, mirroring general economic trends and inflation. This consistent upward trajectory likely reflects an increasing demand for financial services and a corresponding adjustment in compensation to attract and retain qualified personnel.
Tellers Salary Distribution in Yakima, WA
The career path for Tellers in Yakima 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 progression through different pay percentiles clearly signifies opportunities for career advancement and increased earning potential within the local banking sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,320 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,413 | $16.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,920 | $21.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,688 | $26.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $51,830 | $24.9 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$44,550
Gross Pay
Real Wage (Purchasing Power)
$44,550
Adjusted for COL (100)
The average annual salary of $44,550 in Yakima, WA, 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 Yakima is equivalent to the national average, offering a balanced financial environment for residents.
Job Market Context
240
Total Jobs
2.427
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Yakima, WA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.1 indicates that Tellers are slightly more concentrated in Yakima, WA, compared to the national average. This suggests a healthy demand for these roles, making the job market competitive but also offering good opportunities for skilled professionals seeking employment in the financial services sector.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Wenatchee-East Wenatchee, WA Tellers Salary | $46,370↑ 4% | 59 mi |
| Kennewick-Richland, WA Tellers Salary | $46,190↑ 4% | 71 mi |
| Western Washington nonmetropolitan area Tellers Salary | $46,280↑ 4% | 71 mi |
| Eastern Washington nonmetropolitan area Tellers Salary | $43,930↓ 1% | 71 mi |
Comparing salaries near Yakima, WA
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Yakima, WA?
The median annual salary for a Tellers in Yakima, WA is $44,550. This typically ranges from $38,320 for entry-level positions to $51,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Yakima, WA is 8.8% higher than the national median of $40,940.
Is Yakima, WA a lucrative place for Tellers?
Yes, Yakima, WA offers a slightly above-average earning potential for Tellers.Tellers in Yakima earn more than the national average, and the cost of living is on par with the national average, indicating good relative compensation.
Is Yakima, WA a good place to live for Tellers?
The Cost of Living Index in Yakima, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Yakima, WA?
Some top paying nearby cities include Wenatchee-East Wenatchee, WA ($46,370) and Kennewick-Richland, WA.
How does the number of Tellers in Yakima compare nationally?
Yakima has 2.427 Tellers per 1,000 workers, which is slightly higher than the national average, indicating a notable presence of this profession in the local economy.
What is the significance of the Location Quotient for Tellers in Yakima?
A Location Quotient of 1.1 means that Tellers are 10% more concentrated in Yakima than the national average, suggesting a slightly stronger local demand for these roles.
Does experience impact a Teller's salary in Yakima?
Yes, like most professions, Tellers with more experience and specialized skills in Yakima can expect to earn higher salaries than entry-level professionals.
How does the cost of living in Yakima affect a Teller's salary?
With a Cost of Living Index of 100, the national average, a Teller's salary of $44,550 in Yakima provides purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Yakima, WA area with a job density of 2.427 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 Yakima, WA