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Average Tellers Salary in Asheville, NC

Tellers in Asheville, NC, earn an average annual salary of $42,620, slightly surpassing the national average of $40,940. This marginal advantage is influenced by local economic factors and the specific demand within the financial services sector of this vibrant North Carolina city.

Executive Summary

  • Average Salary: $42,620 per year.
  • Growth Trend: Salaries have shifted 25.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,070.
  • Outlook: With a local workforce of 280 Tellers and a Location Quotient of 0.68, Asheville presents a moderately concentrated job market. While not exceeding the national average in concentration, the presence of nearly 1.5 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, demand for these essential financial professionals.
2024 Market Data

Salary Overview

$42,620

The average Tellers in Asheville, NC earns+4.1%above the national average.

BreakdownBased on 40h/week
Hourly

$20.5

Weekly

$820

Monthly

$3,552

Tellers Salary Distribution in Asheville, NC

Career progression for Tellers in Asheville typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data is unavailable, the typical salary distribution indicates that experienced Tellers can expect to earn significantly more than their junior counterparts, with higher percentiles reflecting specialized skills or supervisory responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,650$17.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,965$15.4
ManagerOversees team, compliance, and project delivery.50% (Median)$42,950$20.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,275$25.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$48,070$23.1

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$42,620

Gross Pay

Real Wage (Purchasing Power)

$42,620

Adjusted for COL (100)

The average annual salary of $42,620 in Asheville aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Asheville is comparable to the national standard, offering a stable financial environment for residents.

Job Market Context

280

Total Jobs

1.496

Per 1K Jobs

0.68

Location Quotient

Below Average

Asheville, NC has 0.68x the national average concentration of Tellers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.68 for Tellers in Asheville indicates that the profession is less concentrated here compared to the national average. This suggests that while Tellers are a valued part of the local workforce, the market is not saturated, potentially offering opportunities for skilled professionals seeking employment.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Greenville-Anderson-Greer, SC Tellers Salary$41,200↓ 3%52 mi
Johnson City, TN Tellers Salary$36,400↓ 15%54 mi
Spartanburg, SC Tellers Salary$40,770↓ 4%56 mi
Morristown, TN Tellers Salary$35,150↓ 18%61 mi
Kingsport-Bristol, TN-VA Tellers Salary$36,560↓ 14%66 mi

Comparing salaries near Asheville, NC

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Asheville, NC?

The median annual salary for a Tellers in Asheville, NC is $42,620. This typically ranges from $36,650 for entry-level positions to $48,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Asheville, NC is 4.1% higher than the national median of $40,940.

Is Asheville, NC a lucrative place for Tellers?

Yes, Asheville offers a competitive salary for Tellers.Tellers in Asheville earn slightly above the national average salary, and the cost of living is on par with the national average, making it a financially stable location.

Is Asheville, NC a good place to live for Tellers?

The Cost of Living Index in Asheville, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Asheville, NC?

Some top paying nearby cities include Greenville-Anderson-Greer, SC ($41,200) and Johnson City, TN.

How does Asheville's Teller salary compare to the national average?

The average annual salary for Tellers in Asheville, NC is $42,620, which is higher than the national average of $40,940.

What is the cost of living in Asheville, NC for Tellers?

The cost of living in Asheville is exactly at the national average (100), meaning your salary of $42,620 will have the same purchasing power as the national average salary.

How concentrated is the Teller job market in Asheville?

The Teller job market in Asheville has a Location Quotient of 0.68, indicating it is less concentrated than the national average, suggesting moderate competition.

What is the total number of Tellers employed in Asheville, NC?

There are approximately 280 Tellers employed in the Asheville, NC area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Asheville, NC area with a job density of 1.496 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Asheville, NC