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Average Tellers Salary in Fayetteville, NC

Tellers in Fayetteville, NC, earn an average annual salary of $42,930, which is notably higher than the national average of $40,940. This localized pay differential is often influenced by regional economic factors and the specific demand within the Fayetteville area for financial service professionals.

Executive Summary

  • Average Salary: $42,930 per year.
  • Growth Trend: Salaries have shifted 29.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $53,710.
  • Outlook: With a total local workforce of 210 Tellers and a Location Quotient of 0.71, the Fayetteville market indicates a slightly lower concentration of these roles compared to the national average. However, the presence of 1.559 jobs per 1,000 workers suggests a stable, albeit not hyper-concentrated, demand for Tellers within the local economy.
2024 Market Data

Salary Overview

$42,930

The average Tellers in Fayetteville, NC earns+4.9%above the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$826

Monthly

$3,578

Tellers Salary Distribution in Fayetteville, NC

Career progression for Tellers in Fayetteville typically involves moving from entry-level positions to more senior roles, which naturally commands higher compensation. The salary distribution, while not detailed here, generally shows a significant increase in earnings as Tellers gain experience, acquire specialized skills, and take on greater responsibilities, with percentile gaps reflecting these advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,060$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,198$15.5
ManagerOversees team, compliance, and project delivery.50% (Median)$42,730$20.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,663$25.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$53,710$25.8

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$42,930

Gross Pay

Real Wage (Purchasing Power)

$42,930

Adjusted for COL (100)

The average annual salary of $42,930 in Fayetteville, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national benchmark. This means that the purchasing power of a Teller's salary in Fayetteville is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

210

Total Jobs

1.559

Per 1K Jobs

0.71

Location Quotient

Below Average

Fayetteville, NC has 0.71x 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 0.71 for Tellers in Fayetteville suggests that the profession is slightly less concentrated than the national average. This could imply a less saturated job market, potentially offering Tellers a moderate advantage in securing employment or negotiating terms, though it doesn't indicate an exceptionally high demand.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Pinehurst-Southern Pines, NC Tellers Salary$42,540↓ 1%29 mi
Raleigh-Cary, NC Tellers Salary$44,910↑ 5%55 mi
Eastern North Carolina nonmetropolitan area Tellers Salary$41,060↓ 4%60 mi
Western North Carolina nonmetropolitan area Tellers Salary$40,080↓ 7%60 mi
Central North Carolina nonmetropolitan area Tellers Salary$41,730↓ 3%60 mi

Comparing salaries near Fayetteville, NC

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Fayetteville, NC?

The median annual salary for a Tellers in Fayetteville, NC is $42,930. This typically ranges from $36,060 for entry-level positions to $53,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fayetteville, NC is 4.9% higher than the national median of $40,940.

Is Fayetteville, NC a lucrative place for Tellers?

Yes, slightly more lucrative than the national average.Tellers in Fayetteville earn above the national average salary, and the cost of living is exactly at the national average, making their income slightly more valuable locally.

Is Fayetteville, NC a good place to live for Tellers?

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

Where are the highest paying cities near Fayetteville, NC?

Some top paying nearby cities include Pinehurst-Southern Pines, NC ($42,540) and Raleigh-Cary, NC.

How does Fayetteville's Teller salary compare to the national average?

Tellers in Fayetteville, NC, earn an average of $42,930 annually, which is $1,990 more than the national average of $40,940.

What is the Cost of Living in Fayetteville, NC for Tellers?

Fayetteville, NC, has a Cost of Living Index of 100, which is exactly the same as the national average, indicating that the general cost of goods and services is comparable nationwide.

How many Tellers work in Fayetteville, NC?

There are approximately 210 Tellers employed in Fayetteville, NC, representing 1.559 jobs per 1,000 workers in the local workforce.

Is the job market for Tellers in Fayetteville competitive?

With a Location Quotient of 0.71, the market for Tellers in Fayetteville is slightly less concentrated than the national average, suggesting a moderately competitive landscape.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Fayetteville, NC area with a job density of 1.559 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 Fayetteville, NC