Average Tellers Salary in Greensboro-High Point, NC
Tellers in Greensboro-High Point, NC earn an average annual salary of $42,960, which is slightly above the national average of $40,940. This favorable compensation can be attributed to a combination of local economic factors and the specific demand within the financial services sector in the region. The cost of living in Greensboro-High Point also plays a role in how this salary translates to purchasing power.
Executive Summary
- Average Salary: $42,960 per year.
- Growth Trend: Salaries have shifted 15.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,880.
- Outlook: The Greensboro-High Point area supports a local workforce of 660 Tellers, indicating a stable presence in the financial sector. With a Location Quotient of 0.84, the concentration of Tellers is slightly below the national average, suggesting a moderate but consistent demand for these professionals. The rate of 1.852 jobs per 1,000 workers further underscores the steady employment opportunities available for Tellers in this metropolitan area.
Salary Overview
The average Tellers in Greensboro-High Point, NC earns+4.9%above the national average.
$20.7
$826
$3,580
Tellers Salary Trends (2020-2024)
While specific historical data for Tellers in Greensboro-High Point is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and evolving banking technologies likely contribute to adjustments in compensation, aiming to retain skilled professionals and adapt to market demands. This suggests a potentially positive trajectory for Teller salaries in the region.
Tellers Salary Distribution in Greensboro-High Point, NC
Salary progression for Tellers in Greensboro-High Point typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with several years of experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression opportunities, rewarding accumulated expertise and responsibility within financial institutions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,180 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,220 | $15.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,490 | $20.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,700 | $25.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $49,880 | $24 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$42,960
Gross Pay
Real Wage (Purchasing Power)
$42,960
Adjusted for COL (100)
The average annual salary of $42,960 in Greensboro-High Point, NC, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, making it a stable financial environment for Tellers. Relocating to Greensboro-High Point offers a predictable financial experience without the immediate pressure of a higher or lower cost of living impacting disposable income.
Job Market Context
660
Total Jobs
1.852
Per 1K Jobs
0.84
Location Quotient
Greensboro-High Point, NC has 0.84x 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.
With a Location Quotient of 0.84, the Greensboro-High Point market for Tellers is slightly less concentrated than the national average. This suggests that while Tellers are a recognized part of the local workforce, the job market is not oversaturated. It indicates a healthy balance where demand likely meets supply without intense competition, offering a stable environment for job seekers and existing professionals.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Burlington, NC Tellers Salary | $43,110↑ 0% | 20 mi |
| Winston-Salem, NC Tellers Salary | $42,710↓ 1% | 23 mi |
| Eastern North Carolina nonmetropolitan area Tellers Salary | $41,060↓ 4% | 32 mi |
| Western North Carolina nonmetropolitan area Tellers Salary | $40,080↓ 7% | 32 mi |
| Central North Carolina nonmetropolitan area Tellers Salary | $41,730↓ 3% | 32 mi |
Comparing salaries near Greensboro-High Point, NC
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Frequently Asked Questions
How much does a Tellers make in Greensboro-High Point, NC?
The median annual salary for a Tellers in Greensboro-High Point, NC is $42,960. This typically ranges from $37,180 for entry-level positions to $49,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greensboro-High Point, NC is 4.9% higher than the national median of $40,940.
Is Greensboro-High Point, NC a lucrative place for Tellers?
Yes, it offers competitive compensation relative to the national average.Tellers in Greensboro-High Point earn slightly more than the national average, and the cost of living is on par with the national average, making it a financially stable location.
Is Greensboro-High Point, NC a good place to live for Tellers?
The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greensboro-High Point, NC?
Some top paying nearby cities include Burlington, NC ($43,110) and Winston-Salem, NC.
How does the Greensboro-High Point Teller salary compare to the national average?
The average annual salary for Tellers in Greensboro-High Point is $42,960, which is $2,020 higher than the national average of $40,940.
What is the Cost of Living in Greensboro-High Point, NC?
Greensboro-High Point, NC has a Cost of Living Index of 100, which is exactly the national average, indicating a balanced cost of living.
How many Tellers work in Greensboro-High Point, NC?
There are approximately 660 Tellers employed in the Greensboro-High Point metropolitan area.
Is the job market for Tellers strong in Greensboro-High Point, NC?
The market is stable with a Location Quotient of 0.84, suggesting a consistent demand for Tellers without being overly saturated, offering steady employment prospects.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Greensboro-High Point, NC area with a job density of 1.852 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 Greensboro-High Point, NC