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Average Tellers Salary in Columbia, SC

Tellers in Columbia, SC earn an average annual salary of $40,250. This figure is slightly below the national average of $40,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within the South Carolina capital. While close to the national benchmark, subtle differences often reflect the unique economic landscape of the area.

Executive Summary

  • Average Salary: $40,250 per year.
  • Growth Trend: Salaries have shifted 24.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,290.
  • Outlook: With a local workforce of 980 Tellers and a Location Quotient of 1.15, Columbia, SC demonstrates a healthy concentration of these roles, exceeding the national average. This suggests a stable and potentially growing demand for Tellers within the region, indicating a robust job market for professionals in this field.
2024 Market Data

Salary Overview

$40,250

The average Tellers in Columbia, SC earns-1.7%below the national average.

BreakdownBased on 40h/week
Hourly

$19.4

Weekly

$774

Monthly

$3,354

Tellers Salary Distribution in Columbia, SC

Career progression for Tellers in Columbia, SC, typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Tellers with extensive experience and specialized skills can command significantly higher salaries. The gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,050$15.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,188$14.5
ManagerOversees team, compliance, and project delivery.50% (Median)$38,620$18.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$50,313$24.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$48,290$23.2

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$40,250

Gross Pay

Real Wage (Purchasing Power)

$40,250

Adjusted for COL (100)

The average annual salary of $40,250 in Columbia, SC aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by Tellers in Columbia holds its purchasing power at the national standard, offering a balanced financial environment for residents.

Job Market Context

980

Total Jobs

2.527

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, Columbia, SC has a slightly higher-than-average concentration of Tellers roles compared to the national norm.

A Location Quotient of 1.15 for Tellers in Columbia, SC indicates a higher concentration of these jobs compared to the national average. This suggests that the job market for Tellers in Columbia is relatively more abundant or in higher demand than in many other parts of the country, potentially leading to more competitive hiring environments.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Northwestern South Carolina nonmetropolitan area Tellers Salary$38,600↓ 4%13 mi
Northeastern South Carolina nonmetropolitan area Tellers Salary$37,450↓ 7%13 mi
Southern South Carolina nonmetropolitan area Tellers Salary$37,910↓ 6%13 mi
Sumter, SC Tellers Salary$37,530↓ 7%30 mi
Florence, SC Tellers Salary$37,840↓ 6%64 mi

Comparing salaries near Columbia, SC

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Columbia, SC?

The median annual salary for a Tellers in Columbia, SC is $40,250. This typically ranges from $33,050 for entry-level positions to $48,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Columbia, SC is 1.7% lower than the national median of $40,940.

Is Columbia, SC a lucrative place for Tellers?

Yes, Columbia, SC offers a stable earning environment for Tellers.The salary is closely aligned with the national average, and the cost of living is also at the national average, meaning your earnings have standard purchasing power. Furthermore, the higher concentration of Teller roles suggests consistent demand.

Is Columbia, SC a good place to live for Tellers?

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

Where are the highest paying cities near Columbia, SC?

Some top paying nearby cities include Northwestern South Carolina nonmetropolitan area ($38,600) and Northeastern South Carolina nonmetropolitan area.

How does the Columbia, SC Teller salary compare to the national average?

The average annual salary for Tellers in Columbia, SC is $40,250, which is slightly lower than the national average of $40,940.

What is the Cost of Living in Columbia, SC for Tellers?

Columbia, SC has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.

Is there strong demand for Tellers in Columbia, SC?

Yes, the Location Quotient of 1.15 suggests a higher concentration of Teller jobs in Columbia, SC than the national average, indicating robust local demand.

How many Tellers work in Columbia, SC?

There are approximately 980 Tellers employed in Columbia, SC, contributing to the local financial sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 980 employees in the Columbia, SC area with a job density of 2.527 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 Columbia, SC