Zippia Advice

These Are The 10 States With The Highest Teller Salaries For 2017

Chris Kolmar
by Chris Kolmar
Rankings, Salaries - 8 months ago
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Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do tellers get paid where I live?

And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for tellers by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.

To better understand how salaries change across America, we decided to take a look the most recent data from the Bureau of Labor Statistics on average pay for tellers by state.

Additionally, we wanted to adjust the salary based on the cost of living in a state — because your salary goes further in North Carolina than it does in California.

The state with the best salary for tellers after this adjustment? That would be Tellers.

Here’s a quick snapshot of the top ten states for salaries:

  1. Georgia
  2. North Carolina
  3. Michigan
  4. Mississippi
  5. Virginia
  6. Florida
  7. North Dakota
  8. Tennessee
  9. Iowa
  10. Nebraska

Let’s take a look at how we got here and a full ranking of all the states.

If you’re interested, you can read more about the job scene here:

How we determined pay by state

As we mentioned earlier, we took the average annual salary data for tellers from the 2016 Bureau of Labor Statistics — specifically their ‘Occupational Employment Statistics.’

To make the comparison of salaries apples to apples across states, we also took into account the cost of living in each state.

We then created an index by dividing the average wage for a state by the cost of living relative to average. As an example, the cost of living index in California is 135.9 and the average pay is $29780, so our index value would be:

$29,780 * (100 / 135.9) = $21,913

We then ranked every state on this criteria with the state with the highest salary index ranking as highest average salary for tellers.

Here’s a look at the full ranking for all states.

For more reading, check out:

Detailed List Of Teller Salaries By State

Rank State Adjusted Salary Average Wage Cost Of Living
1 Georgia $32,231 $29,460 91.4
2 North Carolina $31,469 $29,550 93.9
3 Michigan $30,831 $27,440 89.0
4 Mississippi $30,500 $26,200 85.9
5 Virginia $30,416 $30,660 100.8
6 Florida $30,172 $29,660 98.3
7 North Dakota $29,999 $29,820 99.4
8 Tennessee $29,921 $26,750 89.4
9 Iowa $29,780 $27,100 91.0
10 Nebraska $29,759 $27,260 91.6
11 Illinois $29,598 $28,000 94.6
12 Alabama $29,396 $26,810 91.2
13 Texas $29,371 $26,640 90.7
14 Arizona $29,214 $28,630 98.0
15 Wyoming $29,139 $26,750 91.8
16 South Carolina $29,112 $28,880 99.2
17 Washington $29,058 $30,570 105.2
18 Kentucky $29,016 $26,260 90.5
19 Indiana $28,804 $25,780 89.5
20 Oklahoma $28,677 $25,580 89.2
21 Idaho $28,414 $26,170 92.1
22 Kansas $28,375 $25,510 89.9
23 Nevada $28,247 $29,180 103.3
24 Utah $28,236 $26,260 93.0
25 Arkansas $28,105 $24,480 87.1
26 Delaware $28,047 $28,440 101.4
27 Missouri $27,920 $25,240 90.4
28 Ohio $27,857 $26,130 93.8
29 Louisiana $27,721 $26,280 94.8
30 Wisconsin $27,665 $26,780 96.8
31 Colorado $27,485 $28,530 103.8
32 Minnesota $27,281 $27,500 100.8
33 New Mexico $26,497 $25,570 96.5
34 Connecticut $26,460 $33,790 127.7
35 Pennsylvania $26,390 $26,760 101.4
36 Montana $26,200 $26,410 100.8
37 West Virginia $26,124 $24,400 93.4
38 South Dakota $25,081 $26,010 103.7
39 New Jersey $24,840 $30,280 121.9
40 New Hampshire $24,811 $29,030 117.0
41 Maine $24,657 $27,320 110.8
42 Maryland $24,478 $30,720 125.5
43 Oregon $24,117 $27,880 115.6
44 Vermont $24,104 $29,190 121.1
45 Rhode Island $24,076 $29,060 120.7
46 Massachusetts $23,508 $31,360 133.4
47 New York $22,564 $29,560 131.0
48 Alaska $21,914 $28,730 131.1
49 California $21,913 $29,780 135.9
50 Hawaii $16,051 $26,950 167.9
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