Tellers

Detailed Occupation

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2020 Workforce

311k

Average Age

35.7

Estimated Job Growth

−15.3%

10-year projection

Average Salary

$26,227

Average Male Salary

$26,756

Average Female Salary

$26,119

About

Tellers are most often employed by the Banking & related activities industry. The average yearly wage for Tellers was $26,227 in 2016. The top 3 most similar occupations to Tellers by wage are Transportation attendants, except flight attendants, Umpires, referees, and other sports officials, and Barbers.

Tellers are part of the Office & Administrative Support Occupations, along with Firstline supervisors of office & administrative support workers, Switchboard operators, including answering service, Telephone operators, Communications equipment operators, all other, Bill & account collectors, and 45 more.

The top 3 locations that employ the most Tellers are Wood, Portage, Juneau & Adams Counties PUMA, WI, Rapid City PUMA, SD, and Norman, Oklahoma City (South) & Moore Cities PUMA, OK. The top 3 locations with a relatively high concentration of Tellers are Hutchinson City PUMA, KS, Storm Lake, Denison & Cherokee Region PUMA, IA, and Tinton Falls Borough (South) PUMA, NJ.

Information on the businesses and industries that employ Tellers and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Tellers, both by share and by number, though the highest paid industry for Tellers, by average wage, is Securities, commodities, funds, trusts & other financial investments. Tellers are paid most in Clearwater City (South & Central) PUMA, FL but are relatively concentrated in Hutchinson City PUMA, KS.

Yearly Wage

$26,227

AVERAGE SALARY

± $967

In 2020, Tellers earned an average of $26,227, $29,727 less than than the average national salary of $55,954.

Transportation attendants, except flight attendants make somewhat more than Tellers while Umpires, referees, and other sports officials make somewhat less. This chart shows the various occupations closest to Tellers as measured by average annual salary in the US.

Wage Distribution

0.275

WAGE GINI

In 2015, Tellers had a wage GINI coefficient of 0.275, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Tellers (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Tellers.

Spatial Concentration

PUMAs with a Relatively High Concentration of Tellers

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Tellers.

Most Common

The most common industries employing Tellers, by number of employees, are Banking & related activities, Savings institutions, including credit unions , Nondepository credit & related activities, Insurance carriers, Securities, commodities, funds, trusts & other financial investments, Agencies, brokerages, and other insurance related activities, Restaurants & Food Services, Investigation & security services, Amusement & Recreation, Supermarkets and Other Grocery (except Convenience) Stores, and Spectator sports.

Highest Paying

The highest paying industries for Tellers, by average wage, are Securities, commodities, funds, trusts & other financial investments, Nondepository credit & related activities, and Agencies, brokerages, and other insurance related activities.

Industries by Share

311k

2020 Workforce

± 13,668

−2.48%

1 YEAR GROWTH

± 6.34%

The number of people employed as Tellers has been declining at a rate of −2.48%, from 318,488 people in 2019 to 310,577 people in 2020.

This graphic shows the share of Tellers employed by various industries. Banking & related activities employs the largest share of Tellers at 80.7%, followed by Savings institutions, including credit unions with 15.7% and Nondepository credit & related activities with 1.81%.

Diversity

Demographic information on Tellers in the US. The average age of male Tellers in the workforce is 28.5 and of female Tellers is 37.1, and the most common race/ethnicity for Tellers is White (Non-Hispanic).

Composition by Sex

52.3k

MALE WORKFORCE

± 5,612

258k

FEMALE WORKFORCE

± 12,467

83.2% of Tellers are Female, making them the more common sex in the occupation. This chart shows the sex breakdown of Tellers.

Race & Ethnicity

Most Common Race or Ethnicity of Tellers

White (Non-Hispanic)
White (Hispanic)
Black (Non-Hispanic)

61% of Tellers are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 11.3% of Tellers, White (Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Tellers.

Age by Sex

28.5

AVERAGE MALE AGE

± 1.13

37.1

AVERAGE FEMALE AGE

± 0.724

The median age of Tellers is 35.7, and Male employees are generally 8.59 years younger than than their Female counterparts.

Education

Data on higher education choices for Tellers from The Department of Education and Census Bureau. The most common major for Tellers is Business but a relatively high number of Tellers hold a major in Human Sciences.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

Skills

Data on the critical and distinctive skills necessary for Tellers from the Bureau of Labor Statistics. Tellers need many skills, but most especially Active Listening, Reading Comprehension, and Critical Thinking. The revealed comparative advantage (RCA) shows that Tellers need more than the average amount of Mathematics, Service Orientation, and Active Listening.

Radar Distribution

Bar Chart

Projections

Projections on job growth for Tellers from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Tellers are expected to see a growth of −15.3% over the same period. This occupation is expected to grow less than the national average.

Job Growth

−15.3%

Estimated Job Growth

10-year Projection

3.71%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Tellers. This profession is expected to grow less than than 3.71%, the average rate of national job growth.