Average Tellers Salary in Central North Carolina nonmetropolitan area
Tellers in the Central North Carolina nonmetropolitan area earn an average annual salary of $41,730. This figure is slightly above the national average of $40,940, indicating a stable demand for these financial service professionals. The localized economic conditions and the specific needs of the regional banking sector likely contribute to this competitive compensation.
Executive Summary
- Average Salary: $41,730 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,290.
- Outlook: With a local workforce of 510 Tellers and a Location Quotient of 0.98, the job market in Central North Carolina's nonmetropolitan areas shows a concentration very close to the national average. This suggests a steady, albeit not exceptionally high, demand for Tellers, reflecting the consistent need for these roles within the community's financial institutions.
Salary Overview
The average Tellers in Central North Carolina nonmetropolitan area earns+1.9%above the national average.
$20.1
$803
$3,478
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Teller salaries in Central North Carolina have experienced modest growth over the past four years, mirroring national trends. Economic shifts and inflation typically drive incremental increases in compensation across most professions, including those in the financial sector.
Tellers Salary Distribution in Central North Carolina nonmetropolitan area
As Tellers gain experience, their earning potential typically increases. Entry-level positions often start at the lower end of the salary spectrum, while senior Tellers with extensive knowledge of financial products, customer service expertise, and potential supervisory duties can command higher salaries. The percentile gaps in pay reflect this career progression and the value placed on accumulated skills and experience.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,400 | $16.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,298 | $15 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,320 | $19.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,163 | $25.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $47,290 | $22.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$41,730
Gross Pay
Real Wage (Purchasing Power)
$41,730
Adjusted for COL (100)
The average annual salary of $41,730 in Central North Carolina's nonmetropolitan area aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage for Tellers relocating to or residing in this region.
Job Market Context
510
Total Jobs
2.151
Per 1K Jobs
0.98
Location Quotient
Central North Carolina nonmetropolitan area has 0.98x 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 0.98 indicates that the concentration of Tellers in Central North Carolina's nonmetropolitan area is nearly on par with the national average. This suggests a balanced job market where the number of Tellers is proportionate to the overall workforce, implying neither a significant surplus nor a shortage of qualified candidates.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Tellers Salary | $42,960↑ 3% | 32 mi |
| Pinehurst-Southern Pines, NC Tellers Salary | $42,540↑ 2% | 36 mi |
| Burlington, NC Tellers Salary | $43,110↑ 3% | 36 mi |
| Winston-Salem, NC Tellers Salary | $42,710↑ 2% | 41 mi |
| Durham-Chapel Hill, NC Tellers Salary | $44,320↑ 6% | 56 mi |
Comparing salaries near Central North Carolina nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Central North Carolina nonmetropolitan area?
The median annual salary for a Tellers in Central North Carolina nonmetropolitan area is $41,730. This typically ranges from $34,400 for entry-level positions to $47,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central North Carolina nonmetropolitan area is 1.9% higher than the national median of $40,940.
Is Central North Carolina nonmetropolitan area a lucrative place for Tellers?
Yes, it offers competitive compensation relative to the cost of living.Tellers in this region earn slightly above the national average salary, and the local cost of living is also at the national average. This balance makes it a financially stable location for the profession.
Is Central North Carolina nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Central North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($42,960) and Pinehurst-Southern Pines, NC.
How does the Central North Carolina Teller salary compare to the national average?
The average annual salary for Tellers in Central North Carolina's nonmetropolitan area is $41,730, which is slightly higher than the national average of $40,940.
What is the job market like for Tellers in this region?
The job market is stable, with a Location Quotient of 0.98, indicating a concentration of Tellers very close to the national average. There are approximately 2.151 Tellers per 1,000 workers.
Does the cost of living affect the value of a Teller's salary in Central North Carolina?
No, the cost of living in this area is exactly at the national average (100), meaning the $41,730 salary has purchasing power equivalent to the national average.
How many Tellers are employed in Central North Carolina's nonmetropolitan area?
There are approximately 510 Tellers employed in this specific region, contributing to the local financial services sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Central North Carolina nonmetropolitan area area with a job density of 2.151 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 Central North Carolina nonmetropolitan area