Average Tellers Salary in Eastern North Carolina nonmetropolitan area
Tellers in Eastern North Carolina's nonmetropolitan areas earn an average annual salary of $41,060. This figure is slightly above the national average of $40,940, indicating a stable demand for these financial service professionals. The local economic landscape and specific banking needs within this region contribute to this competitive compensation.
Executive Summary
- Average Salary: $41,060 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,790.
- Outlook: With a total local workforce of 680 Tellers and a Location Quotient of 1.18, Eastern North Carolina demonstrates a slightly higher concentration of these roles compared to the national average. This suggests a robust and somewhat specialized job market for Tellers, implying consistent demand and potential for stable employment opportunities within the region.
Salary Overview
The average Tellers in Eastern North Carolina nonmetropolitan area earns+0.3%above the national average.
$19.7
$790
$3,422
Tellers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Teller salaries in Eastern North Carolina have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, evolving banking technologies, and the need for skilled customer service personnel likely contribute to a steady upward trajectory in compensation for these roles.
Tellers Salary Distribution in Eastern North Carolina nonmetropolitan area
Career progression for Tellers in Eastern North Carolina typically involves moving from entry-level positions to more senior roles, which often command higher salaries. While specific percentile data isn't available, the typical salary distribution suggests that experienced Tellers can expect to earn significantly more than their less experienced counterparts, with percentile gaps reflecting increasing responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,370 | $15.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,795 | $14.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,190 | $18.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $51,325 | $24.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,790 | $22.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$41,060
Gross Pay
Real Wage (Purchasing Power)
$41,060
Adjusted for COL (100)
The average annual salary of $41,060 in Eastern North Carolina aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in this region is equivalent to the national average, offering a stable financial standing without the added pressure of a higher cost of living.
Job Market Context
680
Total Jobs
2.598
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Eastern North Carolina nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
The Location Quotient of 1.18 for Tellers in Eastern North Carolina's nonmetropolitan areas signifies a job market that is 18% more concentrated than the national average. This indicates a healthy demand for Tellers relative to the overall workforce, suggesting that the market is neither oversaturated nor critically undersupplied, presenting a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Tellers Salary | $42,960↑ 5% | 32 mi |
| Pinehurst-Southern Pines, NC Tellers Salary | $42,540↑ 4% | 36 mi |
| Burlington, NC Tellers Salary | $43,110↑ 5% | 36 mi |
| Winston-Salem, NC Tellers Salary | $42,710↑ 4% | 41 mi |
| Durham-Chapel Hill, NC Tellers Salary | $44,320↑ 8% | 56 mi |
Comparing salaries near Eastern North Carolina nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Eastern North Carolina nonmetropolitan area?
The median annual salary for a Tellers in Eastern North Carolina nonmetropolitan area is $41,060. This typically ranges from $31,370 for entry-level positions to $46,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern North Carolina nonmetropolitan area is 0.3% higher than the national median of $40,940.
Is Eastern North Carolina nonmetropolitan area a lucrative place for Tellers?
Yes, it offers competitive compensation.Tellers in this region 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 Eastern North Carolina nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Eastern North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($42,960) and Pinehurst-Southern Pines, NC.
How does the Teller salary compare to the national average?
The average annual salary for Tellers in Eastern North Carolina is $41,060, which is slightly higher than the national average of $40,940.
What is the concentration of Tellers in Eastern North Carolina?
The Location Quotient of 1.18 indicates that Tellers are 18% more concentrated in this region compared to the national average, suggesting a strong presence of this profession.
How does the cost of living affect the Teller salary?
With a Cost of Living Index of 100, the local salary offers purchasing power equivalent to the national average, making it a stable financial environment.
What is the total number of Tellers in the region?
There are approximately 680 Tellers employed in the Eastern North Carolina nonmetropolitan area, representing 2.598 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Eastern North Carolina nonmetropolitan area area with a job density of 2.598 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 Eastern North Carolina nonmetropolitan area