SalaryNode

Average Tellers Salary in York-Hanover, PA

Tellers in York-Hanover, PA, earn an average annual salary of $39,920. This figure is slightly below the national average of $40,940, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the York-Hanover area. While the difference is marginal, it highlights the importance of understanding local market dynamics for financial professionals.

Executive Summary

  • Average Salary: $39,920 per year.
  • Growth Trend: Salaries have shifted 26.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,020.
  • Outlook: The job market for Tellers in York-Hanover, PA, appears stable, with a total local workforce of 460 individuals in this role. The Location Quotient of 1.13 suggests a slightly higher concentration of Tellers compared to the national average, implying a steady, if not growing, demand for these services within the region.
2024 Market Data

Salary Overview

$39,920

The average Tellers in York-Hanover, PA earns-2.5%below the national average.

BreakdownBased on 40h/week
Hourly

$19.2

Weekly

$768

Monthly

$3,327

Tellers Salary Distribution in York-Hanover, PA

Career progression for Tellers in York-Hanover, PA, typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior Tellers with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting their increased value and responsibility within financial institutions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,980$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,940$14.4
ManagerOversees team, compliance, and project delivery.50% (Median)$38,330$18.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,900$24
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$44,020$21.2

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$39,920

Gross Pay

Real Wage (Purchasing Power)

$39,920

Adjusted for COL (100)

The nominal average salary of $39,920 in York-Hanover, PA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This suggests that the current salary offers a purchasing power equivalent to the national average, meaning that the cost of goods and services in York-Hanover is neither significantly higher nor lower than the typical American city.

Job Market Context

460

Total Jobs

2.489

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, York-Hanover, PA has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

With a Location Quotient of 1.13, York-Hanover, PA, shows a slightly higher concentration of Tellers than the national average. This indicates that the job market for Tellers is moderately robust and potentially more competitive or abundant than in other regions, suggesting a healthy demand for these financial service professionals within the local economy.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near York-Hanover, PA

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in York-Hanover, PA?

The median annual salary for a Tellers in York-Hanover, PA is $39,920. This typically ranges from $35,980 for entry-level positions to $44,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in York-Hanover, PA is 2.5% lower than the national median of $40,940.

Is York-Hanover, PA a lucrative place for Tellers?

No, not exceptionally lucrative, but stable.The average salary of $39,920 is slightly below the national average, though it aligns with the national average cost of living. The market shows a slightly higher concentration of Tellers, indicating steady demand.

Is York-Hanover, PA a good place to live for Tellers?

The Cost of Living Index in York-Hanover, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near York-Hanover, PA?

Some top paying nearby cities include Harrisburg-Carlisle, PA ($40,790) and Lancaster, PA.

How does the York-Hanover Teller salary compare to the national average?

The average annual salary for Tellers in York-Hanover, PA, is $39,920, which is slightly lower than the national average of $40,940.

What is the Cost of Living in York-Hanover, PA for Tellers?

The Cost of Living Index in York-Hanover, PA, is 100, which is exactly the national average, meaning the salary of $39,920 offers average purchasing power.

Is there high demand for Tellers in York-Hanover, PA?

The Location Quotient of 1.13 suggests a slightly higher concentration of Tellers than the national average, indicating a stable and potentially growing demand for these roles.

How many Tellers work in York-Hanover, PA?

There are approximately 460 Tellers employed within the York-Hanover, PA, area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the York-Hanover, PA area with a job density of 2.489 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.