Average Tellers Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
Tellers in the Myrtle Beach-Conway-North Myrtle Beach, SC area earn an average annual salary of $39,720. This figure is slightly below the national average of $40,940, indicating a localized pay structure influenced by regional economic factors and the specific demand within the financial services sector of this coastal community.
Executive Summary
- Average Salary: $39,720 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $53,660.
- Outlook: With a local workforce of 380 Tellers and a Location Quotient of 1.2, the Myrtle Beach-Conway-North Myrtle Beach, SC area demonstrates a slightly higher concentration of these roles compared to the national average. This suggests a stable, albeit not rapidly expanding, job market for Tellers, indicating consistent demand within the region's financial institutions.
Salary Overview
The average Tellers in Myrtle Beach-Conway-North Myrtle Beach, SC earns-3.0%below the national average.
$19.1
$764
$3,310
Tellers Salary Trends (2020-2024)
While specific historical data for this micro-location isn't provided, it's reasonable to assume that Tellers' salaries in Myrtle Beach-Conway-North Myrtle Beach, SC have seen gradual growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for financial services, and the evolving role of tellers in customer interaction likely contribute to modest annual salary increases.
Tellers Salary Distribution in Myrtle Beach-Conway-North Myrtle Beach, SC
Salary progression for Tellers typically correlates with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive knowledge of banking procedures, customer service excellence, and potentially specialized skills can command significantly higher salaries. The percentile gaps in earnings reflect this career trajectory, rewarding accumulated expertise and reliability.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,060 | $14 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,790 | $14.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,110 | $18.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,650 | $23.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $53,660 | $25.8 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$39,720
Gross Pay
Real Wage (Purchasing Power)
$39,720
Adjusted for COL (100)
The average annual salary of $39,720 in Myrtle Beach-Conway-North Myrtle Beach, SC aligns perfectly with the local 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, suggesting that the nominal salary offers a comparable standard of living to other areas across the United States.
Job Market Context
380
Total Jobs
2.643
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Myrtle Beach-Conway-North Myrtle Beach, SC has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
A Location Quotient of 1.2 indicates that Tellers are 20% more concentrated in the Myrtle Beach-Conway-North Myrtle Beach, SC area than the national average. This suggests a healthy demand for these professionals, making the job market moderately competitive but also indicating a solid presence of financial institutions requiring their services.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Florence, SC Tellers Salary | $37,840↓ 5% | 61 mi |
| Wilmington, NC Tellers Salary | $40,550↑ 2% | 67 mi |
| Charleston-North Charleston, SC Tellers Salary | $43,630↑ 10% | 88 mi |
| Sumter, SC Tellers Salary | $37,530↓ 6% | 88 mi |
| Fayetteville, NC Tellers Salary | $42,930↑ 8% | 95 mi |
Comparing salaries near Myrtle Beach-Conway-North Myrtle Beach, SC
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Myrtle Beach-Conway-North Myrtle Beach, SC?
The median annual salary for a Tellers in Myrtle Beach-Conway-North Myrtle Beach, SC is $39,720. This typically ranges from $29,060 for entry-level positions to $53,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Myrtle Beach-Conway-North Myrtle Beach, SC is 3.0% lower than the national median of $40,940.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a lucrative place for Tellers?
No, not significantly more lucrative than the national average.While the salary is competitive with the local cost of living, the average Teller salary of $39,720 is slightly below the national average, and the job market shows only a moderate concentration of these roles.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a good place to live for Tellers?
The Cost of Living Index in Myrtle Beach-Conway-North Myrtle Beach, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Myrtle Beach-Conway-North Myrtle Beach, SC?
Some top paying nearby cities include Florence, SC ($37,840) and Wilmington, NC.
How does the Teller salary in Myrtle Beach compare to the national average?
The average Teller salary in Myrtle Beach-Conway-North Myrtle Beach, SC is $39,720, which is slightly lower than the national average of $40,940.
What is the Cost of Living in Myrtle Beach-Conway-North Myrtle Beach, SC?
The Cost of Living Index for Myrtle Beach-Conway-North Myrtle Beach, SC is 100, which is exactly the national average.
Is there high demand for Tellers in this area?
With a Location Quotient of 1.2, Tellers are more concentrated in this area than the national average, suggesting a stable demand for their services.
How many Tellers work in Myrtle Beach-Conway-North Myrtle Beach, SC?
There are approximately 380 Tellers employed within the Myrtle Beach-Conway-North Myrtle Beach, SC metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Myrtle Beach-Conway-North Myrtle Beach, SC area with a job density of 2.643 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 Myrtle Beach-Conway-North Myrtle Beach, SC