Average Tellers Salary in Charleston-North Charleston, SC
Tellers in the Charleston-North Charleston, SC area earn an average annual salary of $43,630, which is notably higher than the national average of $40,940. This localized pay differential is often influenced by a combination of regional economic factors and the specific demand within the financial services sector of this vibrant metropolitan area.
Executive Summary
- Average Salary: $43,630 per year.
- Growth Trend: Salaries have shifted 30.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $51,260.
- Outlook: With a local workforce of 720 Tellers and a Location Quotient of 0.85, the job market in Charleston-North Charleston indicates a stable, albeit slightly below national concentration, demand for these professionals. The presence of nearly 2 Tellers per 1,000 workers suggests a consistent need for these essential banking roles within the community.
Salary Overview
The average Tellers in Charleston-North Charleston, SC earns+6.6%above the national average.
$21
$839
$3,636
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Tellers in Charleston-North Charleston have experienced steady growth over the past four years, mirroring national trends. Economic expansion and inflation typically drive incremental increases in compensation for roles like Tellers, ensuring their earnings keep pace with the evolving economic landscape.
Tellers Salary Distribution in Charleston-North Charleston, SC
Career progression for Tellers typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data isn't available, it's common for experienced Tellers to command higher salaries, reflecting their expanded responsibilities, customer service expertise, and potential for handling more complex transactions. The salary spectrum for Tellers likely shows significant gains from the 25th percentile to the 75th percentile, indicating clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,620 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,723 | $15.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,510 | $21.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,538 | $26.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $51,260 | $24.6 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$43,630
Gross Pay
Real Wage (Purchasing Power)
$43,630
Adjusted for COL (100)
The average annual salary of $43,630 in Charleston-North Charleston 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 this area is equivalent to the national standard, offering a balanced financial environment for residents.
Job Market Context
720
Total Jobs
1.86
Per 1K Jobs
0.85
Location Quotient
Charleston-North Charleston, SC has 0.85x 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.
A Location Quotient of 0.85 suggests that while Charleston-North Charleston has a slightly lower concentration of Tellers compared to the national average, the market is still robust. This indicates a healthy demand for Tellers, without an oversupply of professionals, potentially leading to competitive compensation and stable employment opportunities.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Hilton Head Island-Bluffton-Port Royal, SC Tellers Salary | $40,660↓ 7% | 63 mi |
| Sumter, SC Tellers Salary | $37,530↓ 14% | 81 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Tellers Salary | $39,720↓ 9% | 88 mi |
| Savannah, GA Tellers Salary | $41,540↓ 5% | 89 mi |
| Northwestern South Carolina nonmetropolitan area Tellers Salary | $38,600↓ 12% | 91 mi |
Comparing salaries near Charleston-North Charleston, SC
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Charleston-North Charleston, SC?
The median annual salary for a Tellers in Charleston-North Charleston, SC is $43,630. This typically ranges from $37,620 for entry-level positions to $51,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston-North Charleston, SC is 6.6% higher than the national median of $40,940.
Is Charleston-North Charleston, SC a lucrative place for Tellers?
Yes, Charleston-North Charleston, SC offers a slightly more lucrative environment for Tellers compared to the national average.Tellers here earn approximately $2,690 more annually than their national counterparts. Coupled with a cost of living that matches the national average, this makes the nominal salary quite competitive.
Is Charleston-North Charleston, SC a good place to live for Tellers?
The Cost of Living Index in Charleston-North Charleston, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston-North Charleston, SC?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($40,660) and Sumter, SC.
How does the Charleston-North Charleston Teller salary compare to the national average?
The average annual salary for Tellers in Charleston-North Charleston, SC is $43,630, which is $2,690 higher than the national average of $40,940.
What is the job market like for Tellers in Charleston-North Charleston, SC?
The market shows a stable demand, with 1.86 Tellers per 1,000 workers and a Location Quotient of 0.85, indicating a healthy presence of these roles within the local workforce.
Does the cost of living affect the value of a Teller's salary in Charleston-North Charleston, SC?
No, the cost of living in Charleston-North Charleston, SC is exactly at the national average (100). This means the higher nominal salary holds its purchasing power effectively compared to the rest of the country.
How many Tellers are employed in the Charleston-North Charleston, SC area?
There are approximately 720 Tellers employed within the Charleston-North Charleston, SC metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Charleston-North Charleston, SC area with a job density of 1.86 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 Charleston-North Charleston, SC