Average Tellers Salary in Charlotte-Concord-Gastonia, NC-SC
In Charlotte-Concord-Gastonia, NC-SC, Tellers earn an average annual salary of $44,080, which is notably higher than the national average of $40,940. This elevated pay is often a reflection of the specific economic drivers and demand within the local financial sector, influencing compensation to attract and retain skilled professionals.
Executive Summary
- Average Salary: $44,080 per year.
- Growth Trend: Salaries have shifted 28.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,640.
- Outlook: The Charlotte-Concord-Gastonia, NC-SC area supports a local workforce of 1,860 Tellers. With a Location Quotient of 0.63, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated job market. The presence of 1.39 jobs per 1,000 workers indicates a consistent demand for Teller services within the region.
Salary Overview
The average Tellers in Charlotte-Concord-Gastonia, NC-SC earns+7.7%above the national average.
$21.2
$848
$3,673
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Charlotte-Concord-Gastonia, NC-SC is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic patterns. Inflationary pressures and evolving banking technologies likely contribute to a gradual increase in compensation for financial service professionals.
Tellers Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
Salary progression for Tellers in Charlotte-Concord-Gastonia, NC-SC typically correlates with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive knowledge of banking procedures and customer service can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,320 | $17.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,060 | $15.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,700 | $21 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,100 | $26.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,640 | $27.7 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$44,080
Gross Pay
Real Wage (Purchasing Power)
$44,080
Adjusted for COL (100)
The average annual salary of $44,080 in Charlotte-Concord-Gastonia, NC-SC aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power effectively within the region, offering a stable financial standing for Tellers.
Job Market Context
1,860
Total Jobs
1.39
Per 1K Jobs
0.63
Location Quotient
Charlotte-Concord-Gastonia, NC-SC has 0.63x 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 0.63 indicates that Tellers are less concentrated in Charlotte-Concord-Gastonia, NC-SC compared to the national average. This suggests that while the demand exists, the market is not saturated, potentially offering Tellers a competitive edge when seeking employment or negotiating compensation.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Hickory-Lenoir-Morganton, NC Tellers Salary | $42,650↓ 3% | 45 mi |
| Spartanburg, SC Tellers Salary | $40,770↓ 8% | 64 mi |
| Eastern North Carolina nonmetropolitan area Tellers Salary | $41,060↓ 7% | 65 mi |
| Western North Carolina nonmetropolitan area Tellers Salary | $40,080↓ 9% | 65 mi |
| Central North Carolina nonmetropolitan area Tellers Salary | $41,730↓ 5% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Tellers in Charlotte-Concord-Gastonia, NC-SC is $44,080. This typically ranges from $36,320 for entry-level positions to $57,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 7.7% higher than the national median of $40,940.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Tellers?
Yes, it offers a competitive salary.Tellers in Charlotte-Concord-Gastonia, NC-SC earn above the national average, and with a cost of living at the national average, their purchasing power is strong.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Tellers?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($42,650) and Spartanburg, SC.
How does the Teller salary in Charlotte compare to the national average?
Tellers in Charlotte-Concord-Gastonia, NC-SC earn an average of $44,080 annually, which is $3,140 more than the national average of $40,940.
What is the cost of living in Charlotte-Concord-Gastonia, NC-SC for Tellers?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
How many Tellers are employed in the Charlotte-Concord-Gastonia, NC-SC area?
There are approximately 1,860 Tellers employed in the Charlotte-Concord-Gastonia, NC-SC metropolitan area.
Is the job market for Tellers strong in Charlotte-Concord-Gastonia, NC-SC?
With a Location Quotient of 0.63, the market is less concentrated than the national average, suggesting a stable demand without excessive competition for Teller positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,860 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 1.39 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 Charlotte-Concord-Gastonia, NC-SC