SalaryNode

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.
2024 Market Data

Salary Overview

$44,550

The average Tellers in Yakima, WA earns+8.8%above the national average.

BreakdownBased on 40h/week
Hourly

$21.4

Weekly

$857

Monthly

$3,713

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 LevelMarket PercentileAnnual WageHourly 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

Above Average

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

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.