Average Tellers Salary in Youngstown-Warren, OH
In Youngstown-Warren, OH, Tellers earn an average annual salary of $39,370. This figure is slightly below the national average of $40,940, indicating a localized compensation structure. Factors such as regional economic conditions and the specific demand within the local financial sector likely contribute to this differential.
Executive Summary
- Average Salary: $39,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,630.
- Outlook: The Tellers job market in Youngstown-Warren, OH, shows a notable concentration, with a Location Quotient of 1.28, suggesting a higher prevalence of these roles compared to the national average. Supporting a local workforce of 450 individuals, this indicates a stable, albeit not rapidly expanding, demand for Tellers within the region.
Salary Overview
The average Tellers in Youngstown-Warren, OH earns-3.8%below the national average.
$18.9
$757
$3,281
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Tellers in Youngstown-Warren, OH, have experienced modest growth over the past four years, mirroring broader economic trends and inflation adjustments. This suggests a consistent, albeit potentially slow, upward trajectory in compensation for the role.
Tellers Salary Distribution in Youngstown-Warren, OH
Career progression for Tellers in Youngstown-Warren, OH, typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,420 | $16.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,528 | $14.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,350 | $18.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,213 | $23.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,630 | $22.9 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,370
Gross Pay
Real Wage (Purchasing Power)
$39,370
Adjusted for COL (100)
The nominal salary of $39,370 in Youngstown-Warren, OH, aligns precisely with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Teller's salary in this region is comparable to that of Tellers across the United States, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
450
Total Jobs
2.816
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Youngstown-Warren, OH has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.28, Youngstown-Warren, OH, exhibits a higher concentration of Tellers than the national average. This suggests a relatively robust market for these professionals, where demand may slightly outpace supply, potentially leading to more job opportunities and competitive hiring practices within the local financial institutions.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Canton-Massillon, OH Tellers Salary | $39,960↑ 1% | 43 mi |
| Akron, OH Tellers Salary | $42,810↑ 9% | 46 mi |
| Weirton-Steubenville, WV-OH Tellers Salary | $34,980↓ 11% | 48 mi |
| Pittsburgh, PA Tellers Salary | $39,120↓ 1% | 57 mi |
| Cleveland, OH Tellers Salary | $43,130↑ 10% | 60 mi |
Comparing salaries near Youngstown-Warren, OH
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Youngstown-Warren, OH?
The median annual salary for a Tellers in Youngstown-Warren, OH is $39,370. This typically ranges from $34,420 for entry-level positions to $47,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Youngstown-Warren, OH is 3.8% lower than the national median of $40,940.
Is Youngstown-Warren, OH a lucrative place for Tellers?
No, not significantly more lucrative than the national average.While the concentration of Tellers is higher than the national average, the average salary of $39,370 is slightly below the national average, and the cost of living is on par with the national average.
Is Youngstown-Warren, OH a good place to live for Tellers?
The Cost of Living Index in Youngstown-Warren, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Youngstown-Warren, OH?
Some top paying nearby cities include Canton-Massillon, OH ($39,960) and Akron, OH.
How does the Youngstown-Warren Teller salary compare to the national average?
The average annual salary for Tellers in Youngstown-Warren, OH is $39,370, which is slightly lower than the national average of $40,940.
What is the cost of living in Youngstown-Warren, OH for Tellers?
The cost of living in Youngstown-Warren, OH is exactly at the national average, with an index of 100.
How many Tellers are there in Youngstown-Warren, OH?
There are approximately 450 Tellers employed in the Youngstown-Warren, OH area.
Is the job market for Tellers concentrated in Youngstown-Warren, OH?
Yes, the job market for Tellers is more concentrated in Youngstown-Warren, OH, as indicated by a Location Quotient of 1.28, which is above 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 450 employees in the Youngstown-Warren, OH area with a job density of 2.816 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 Youngstown-Warren, OH