Average Tellers Salary in Northeastern South Carolina nonmetropolitan area
Tellers in the Northeastern South Carolina nonmetropolitan area earn an average annual salary of $37,450. This figure is notably below the national average of $40,940, suggesting that regional economic factors and a potentially lower demand for banking services in less urbanized areas contribute to this pay differential. The specific economic landscape of this region plays a significant role in shaping compensation for financial service roles.
Executive Summary
- Average Salary: $37,450 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,710.
- Outlook: The job market for Tellers in Northeastern South Carolina's nonmetropolitan area appears moderately robust, with a total local workforce of 260 individuals. The Location Quotient of 1.51 indicates a concentration of these roles that is 51% higher than the national average, suggesting a relatively strong presence and demand for Tellers within this specific geographic area compared to the rest of the country.
Salary Overview
The average Tellers in Northeastern South Carolina nonmetropolitan area earns-8.5%below the national average.
$18
$720
$3,121
Tellers Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Tellers in Northeastern South Carolina have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving banking technologies likely contribute to incremental increases in compensation, aiming to keep pace with the cost of living and attract qualified professionals.
Tellers Salary Distribution in Northeastern South Carolina nonmetropolitan area
As Tellers gain experience, their earning potential typically increases significantly. Entry-level positions often start at the lower end of the salary spectrum, while senior Tellers with extensive knowledge of financial products, customer service expertise, and potentially supervisory responsibilities can command higher salaries. The percentile gaps in salary distribution reflect this career progression, with experienced professionals occupying the higher earning brackets.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,100 | $14.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,088 | $13.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,150 | $17.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $46,813 | $22.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,710 | $21.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,450
Gross Pay
Real Wage (Purchasing Power)
$37,450
Adjusted for COL (100)
The nominal average annual salary of $37,450 in Northeastern South Carolina's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Teller's salary in this region is comparable to that of a Teller earning the national average salary in a location with average living expenses.
Job Market Context
260
Total Jobs
3.326
Per 1K Jobs
1.51
Location Quotient
Northeastern South Carolina nonmetropolitan area has 1.5x the national concentration of Tellers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.51, Northeastern South Carolina's nonmetropolitan area exhibits a higher concentration of Teller positions than the national average. This suggests that the demand for Tellers in this region is relatively strong compared to the overall workforce, potentially offering more job opportunities and indicating a specialized need for these financial service professionals within the local economy.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Tellers Salary | $40,250↑ 7% | 13 mi |
| Sumter, SC Tellers Salary | $37,530↑ 0% | 32 mi |
| Florence, SC Tellers Salary | $37,840↑ 1% | 70 mi |
| Augusta-Richmond County, GA-SC Tellers Salary | $39,110↑ 4% | 73 mi |
| Charleston-North Charleston, SC Tellers Salary | $43,630↑ 17% | 91 mi |
Comparing salaries near Northeastern South Carolina nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Northeastern South Carolina nonmetropolitan area?
The median annual salary for a Tellers in Northeastern South Carolina nonmetropolitan area is $37,450. This typically ranges from $30,100 for entry-level positions to $44,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeastern South Carolina nonmetropolitan area is 8.5% lower than the national median of $40,940.
Is Northeastern South Carolina nonmetropolitan area a lucrative place for Tellers?
No, not particularly lucrative compared to national averages.While the concentration of Teller jobs is higher than the national average, the average salary of $37,450 is below the national average of $40,940. The cost of living being at the national average means the lower salary translates to less purchasing power.
Is Northeastern South Carolina nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Northeastern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeastern South Carolina nonmetropolitan area?
Some top paying nearby cities include Columbia, SC ($40,250) and Sumter, SC.
How does the local Teller salary compare to the national average?
The average annual salary for Tellers in Northeastern South Carolina's nonmetropolitan area is $37,450, which is $3,490 less than the national average of $40,940.
What is the concentration of Teller jobs in this area?
The Location Quotient for Tellers in this region is 1.51, indicating that the jobs are 51% more concentrated here than the national average.
How does the cost of living affect the Teller salary?
The Cost of Living Index is 100, meaning it's the same as the national average. Therefore, the lower salary of $37,450 offers purchasing power equivalent to the national average, but the nominal amount is less.
What does the job market size suggest for Tellers?
With 260 Tellers locally and a higher-than-average concentration, the market suggests a stable, albeit not rapidly expanding, demand for these roles within the nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Northeastern South Carolina nonmetropolitan area area with a job density of 3.326 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 Northeastern South Carolina nonmetropolitan area