Average Tellers Salary in Northwestern South Carolina nonmetropolitan area
Tellers in the Northwestern South Carolina nonmetropolitan area earn an average annual salary of $38,600. This figure is slightly below the national average of $40,940, a common trend in nonmetropolitan regions where the cost of labor and operational expenses may be lower. Local economic factors and the specific demand within the banking sector of this particular region significantly influence this compensation.
Executive Summary
- Average Salary: $38,600 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,990.
- Outlook: The local job market for Tellers in Northwestern South Carolina's nonmetropolitan area appears stable, with a total workforce of 280 individuals in this role. The Location Quotient of 1.37 indicates a concentration of Teller positions that is 37% higher than the national average, suggesting a robust demand relative to the general workforce size in this specific geographic area.
Salary Overview
The average Tellers in Northwestern South Carolina nonmetropolitan area earns-5.7%below the national average.
$18.6
$742
$3,217
Tellers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Tellers have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased responsibilities, and the ongoing need for financial service professionals, even in smaller markets.
Tellers Salary Distribution in Northwestern South Carolina nonmetropolitan area
Career progression for Tellers typically involves moving from entry-level positions to more experienced roles, often accompanied by salary increases. While specific percentile data isn't available, the gap between starting salaries and those earned by senior Tellers generally widens with experience, reflecting increased proficiency, customer service skills, and potential supervisory duties.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,450 | $14.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,950 | $13.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,060 | $18.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $48,250 | $23.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,990 | $22.1 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$38,600
Gross Pay
Real Wage (Purchasing Power)
$38,600
Adjusted for COL (100)
The nominal average annual salary of $38,600 for Tellers in Northwestern South Carolina's nonmetropolitan area aligns precisely 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 comparable to that of a Teller earning the national average in a typical U.S. location, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
280
Total Jobs
3.005
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Northwestern South Carolina nonmetropolitan area has a slightly higher-than-average concentration of Tellers roles compared to the national norm.
With a Location Quotient of 1.37, Northwestern South Carolina's nonmetropolitan area exhibits a higher concentration of Teller jobs than the national average. This suggests that the demand for Tellers in this region is relatively strong compared to the overall employment landscape, potentially offering more opportunities and a slightly more competitive market for job seekers within this specific sector.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Tellers Salary | $40,250↑ 4% | 13 mi |
| Sumter, SC Tellers Salary | $37,530↓ 3% | 32 mi |
| Florence, SC Tellers Salary | $37,840↓ 2% | 70 mi |
| Augusta-Richmond County, GA-SC Tellers Salary | $39,110↑ 1% | 73 mi |
| Charleston-North Charleston, SC Tellers Salary | $43,630↑ 13% | 91 mi |
Comparing salaries near Northwestern South Carolina nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Northwestern South Carolina nonmetropolitan area?
The median annual salary for a Tellers in Northwestern South Carolina nonmetropolitan area is $38,600. This typically ranges from $30,450 for entry-level positions to $45,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwestern South Carolina nonmetropolitan area is 5.7% lower than the national median of $40,940.
Is Northwestern South Carolina nonmetropolitan area a lucrative place for Tellers?
No, it is not exceptionally lucrative compared to national averages.While the cost of living is average, the average Teller salary of $38,600 is below the national average of $40,940. The concentration of jobs is higher, but this does not translate to significantly higher pay in this specific nonmetropolitan area.
Is Northwestern South Carolina nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Northwestern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwestern South Carolina nonmetropolitan area?
Some top paying nearby cities include Columbia, SC ($40,250) and Sumter, SC.
How does the Teller salary compare to the national average?
The average annual salary for Tellers in Northwestern South Carolina's nonmetropolitan area is $38,600, which is slightly lower than the national average of $40,940.
What does the Location Quotient of 1.37 mean for Tellers?
A Location Quotient of 1.37 indicates that Teller positions are 37% more concentrated in this region compared to the national average, suggesting a relatively higher demand for these roles locally.
How does the cost of living affect the Teller salary?
The Cost of Living Index is 100, matching the national average. This means the $38,600 salary offers purchasing power equivalent to the national average, without the benefit of a lower cost of living to offset the lower nominal wage.
What is the total number of Tellers in this region?
There are approximately 280 Tellers employed in the Northwestern South Carolina nonmetropolitan area, representing 3.005 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 280 employees in the Northwestern South Carolina nonmetropolitan area area with a job density of 3.005 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 Northwestern South Carolina nonmetropolitan area