SalaryNode

Average Tellers Salary in Savannah, GA

Tellers in Savannah, GA earn an average annual salary of $41,540, slightly surpassing the national average of $40,940. This marginal outperformance is influenced by local economic factors and the specific demand within Savannah's financial sector, which shapes compensation for these essential customer-facing roles.

Executive Summary

  • Average Salary: $41,540 per year.
  • Growth Trend: Salaries have shifted 28.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,820.
  • Outlook: With a local workforce of 250 Tellers, Savannah presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.59 indicates a slightly lower concentration of Tellers compared to the national average, suggesting a steady demand that aligns with the size of the local economy rather than an oversupply or undersupply of talent.
2024 Market Data

Salary Overview

$41,540

The average Tellers in Savannah, GA earns+1.5%above the national average.

BreakdownBased on 40h/week
Hourly

$20

Weekly

$799

Monthly

$3,462

Tellers Salary Distribution in Savannah, GA

Career progression for Tellers typically involves moving from entry-level positions to more senior roles, often accompanied by salary increases. While specific percentile data is unavailable, the typical career path suggests that experienced Tellers can command higher salaries, with significant percentile gaps reflecting increased responsibilities and expertise gained over time.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,020$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,155$15
ManagerOversees team, compliance, and project delivery.50% (Median)$40,660$19.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,925$25
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,820$22.5

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$41,540

Gross Pay

Real Wage (Purchasing Power)

$41,540

Adjusted for COL (100)

The average annual salary of $41,540 in Savannah, GA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Teller's salary in Savannah is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

250

Total Jobs

1.295

Per 1K Jobs

0.59

Location Quotient

Below Average

Savannah, GA has 0.59x 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.

A Location Quotient of 0.59 for Tellers in Savannah signifies that the profession is less concentrated locally than the national average. This suggests that while Tellers are a vital part of the Savannah workforce, the market is not saturated, potentially offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near Savannah, GA

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Frequently Asked Questions

How much does a Tellers make in Savannah, GA?

The median annual salary for a Tellers in Savannah, GA is $41,540. This typically ranges from $37,020 for entry-level positions to $46,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Savannah, GA is 1.5% higher than the national median of $40,940.

Is Savannah, GA a lucrative place for Tellers?

Yes, Savannah, GA offers a competitive salary for Tellers.Tellers in Savannah earn slightly above the national average, and the local cost of living is on par with the national average, making the salary quite competitive.

Is Savannah, GA a good place to live for Tellers?

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

Where are the highest paying cities near Savannah, GA?

Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($40,660) and Hinesville, GA.

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

The average annual salary for Tellers in Savannah, GA is $41,540, which is slightly higher than the national average of $40,940.

What is the concentration of Tellers in Savannah compared to the rest of the US?

Savannah has a lower concentration of Tellers than the national average, indicated by a Location Quotient of 0.59.

How does the cost of living in Savannah affect a Teller's salary?

Savannah's Cost of Living Index is 100, meaning it is exactly at the national average. Therefore, the average Teller salary of $41,540 has the same purchasing power as the national average salary.

What is the total number of Tellers employed in Savannah, GA?

There are approximately 250 Tellers employed in Savannah, GA, contributing to the local financial services sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Savannah, GA area with a job density of 1.295 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.