Bank Teller Salary in Albany, NY ()
Updated 55 days ago · 6 observed active listings
As you consider your offer for a Bank Teller position in Albany, it's essential to understand the local salary landscape, which is shaped by various economic factors. The trimmed average salary is $32,139, but the salary distribution reveals significant disparity among positions, indicating that entry-level roles are common but opportunities for higher pay are limited. The concentration of financial institutions in Albany, along with the cost of living pressures, contributes to the current pay scales, making negotiation based on market data crucial for achieving a fair wage.
Salary Distribution
Key Insights
- The wide P10–P90 spread ($20,000–$140,000) reflects a diverse range of Bank Teller roles, from entry-level positions to those with extensive responsibilities, demonstrating the variability in experience and required skills.
- The significant number of positions at the 25th percentile ($20,000) and 50th percentile ($40,000) shows that many employers are offering entry-level salaries, which may not align with the cost of living in Albany, suggesting a potential undervaluation of the role.
- With the 75th percentile also at $40,000, there appears to be a ceiling for earnings among mid-level Bank Tellers in Albany, indicating limited upward mobility unless one can transition into higher-responsibility roles or additional training.
- The presence of only 6 open positions indicates a relatively low demand for Bank Tellers at this time, potentially limiting negotiation leverage unless you can demonstrate unique skills or experience.
- Employers such as First National Bank of Scotia and Pioneer Bank dominate the market, creating a competitive environment that could pressure salaries downward if demand does not increase.
Current Bank Teller Jobs in Albany
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Pioneer Bank, National Association · Latham, Albany County$35,360 – $46,259
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Pioneer Bank, National Association · Colonie, Albany County$34,216 – $46,259
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Pioneer Bank, National Association · Loudonville, Albany County$34,216 – $46,259
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Pioneer Bank, National Association · Defreestville, Rensselaer County$35,360 – $46,259
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First National Bank of Scotia · Colonie, Albany County$39,520 – $45,760
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Pioneer Bank, National Association · Sycaway, Rensselaer County$16 – $22
Frequently Asked Questions
What is the average Bank Teller salary in Albany, NY?
The average Bank Teller salary in Albany, NY is $32,139 per year, with a range from $20,000 to $140,000.
How many Bank Teller jobs are available in Albany?
There are currently 6 open Bank Teller positions in Albany, NY.
What factors affect Bank Teller salaries in Albany?
Bank Teller salaries in Albany vary based on experience level, company size, industry sector, certifications, and demand. Cost of living in Albany also plays a significant role in compensation levels.
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Career Intelligence — Bank Teller in Albany
Dig deeper: purchasing power, market demand, career growth potential, and the skills that move salaries at each level.
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