Average Tellers Salary in Southern South Carolina nonmetropolitan area
Tellers in the Southern South Carolina nonmetropolitan area earn an average annual salary of $37,910. This figure is slightly below the national average of $40,940, reflecting regional economic factors and the specific demand within this locale. The concentration of financial institutions and the overall economic landscape of nonmetropolitan South Carolina play a significant role in shaping compensation for these essential banking professionals.
Executive Summary
- Average Salary: $37,910 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,780.
- Outlook: With a total local workforce of 220 Tellers, the job market in Southern South Carolina's nonmetropolitan area indicates a stable, albeit niche, employment landscape. The concentration, measured by a Location Quotient of 1.84, suggests that Tellers are more prevalent here than the national average, pointing to consistent demand and a solid presence of these roles within the community's financial sector.
Salary Overview
The average Tellers in Southern South Carolina nonmetropolitan area earns-7.4%below the national average.
$18.2
$729
$3,159
Tellers Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that Teller salaries in Southern South Carolina's nonmetropolitan area have experienced modest growth over the past four years, mirroring general trends in the financial services sector. Economic shifts, inflation, and evolving banking technologies likely contribute to gradual increases in compensation, aiming to retain skilled professionals within the local workforce.
Tellers Salary Distribution in Southern South Carolina nonmetropolitan area
Career progression for Tellers in Southern South Carolina's nonmetropolitan area typically involves moving from entry-level positions to more senior roles, which naturally commands higher salaries. While specific percentile data is unavailable, the typical salary range suggests that experienced Tellers, those with advanced skills or supervisory responsibilities, can expect to earn significantly more than their less experienced counterparts, with salary gaps widening as individuals gain expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,190 | $15.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,433 | $13.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,050 | $18.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,388 | $22.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $44,780 | $21.5 |
Detailed Tellers Market Analysis
Relocation Context
Nominal Salary
$37,910
Gross Pay
Real Wage (Purchasing Power)
$37,910
Adjusted for COL (100)
The nominal average annual salary of $37,910 in Southern South Carolina's nonmetropolitan area aligns perfectly 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 the national standard, offering a stable financial footing for residents without the added financial pressure of a high cost of living.
Job Market Context
220
Total Jobs
4.042
Per 1K Jobs
1.84
Location Quotient
Southern South Carolina nonmetropolitan area has 1.8x 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.
The Location Quotient of 1.84 for Tellers in Southern South Carolina's nonmetropolitan area signifies a strong concentration of these roles relative to the national average. This suggests that the job market is more abundant and potentially more competitive for Tellers in this region compared to other areas across the country, indicating a higher demand or a greater proportion of financial institutions employing them.
Nearby Job Markets
Nearby Cities for Tellers
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Tellers Salary | $40,250↑ 6% | 13 mi |
| Sumter, SC Tellers Salary | $37,530↓ 1% | 32 mi |
| Florence, SC Tellers Salary | $37,840↓ 0% | 70 mi |
| Augusta-Richmond County, GA-SC Tellers Salary | $39,110↑ 3% | 73 mi |
| Charleston-North Charleston, SC Tellers Salary | $43,630↑ 15% | 91 mi |
Comparing salaries near Southern South Carolina nonmetropolitan area
Hiring Tellerss?
Frequently Asked Questions
How much does a Tellers make in Southern South Carolina nonmetropolitan area?
The median annual salary for a Tellers in Southern South Carolina nonmetropolitan area is $37,910. This typically ranges from $32,190 for entry-level positions to $44,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern South Carolina nonmetropolitan area is 7.4% lower than the national median of $40,940.
Is Southern South Carolina nonmetropolitan area a lucrative place for Tellers?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average Teller salary of $37,910 is below the national average of $40,940. The strong concentration indicates demand, but not necessarily higher pay.
Is Southern South Carolina nonmetropolitan area a good place to live for Tellers?
The Cost of Living Index in Southern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern South Carolina nonmetropolitan area?
Some top paying nearby cities include Columbia, SC ($40,250) and Sumter, SC.
How does the Teller salary in Southern South Carolina compare to the national average?
The average annual salary for Tellers in Southern South Carolina's nonmetropolitan area is $37,910, which is approximately $3,030 less than the national average of $40,940.
What does the Location Quotient of 1.84 mean for Tellers in this area?
A Location Quotient of 1.84 indicates that Tellers are employed in Southern South Carolina's nonmetropolitan area at a rate 84% higher than the national average, suggesting a significant presence and demand for these roles.
Is the cost of living high in Southern South Carolina's nonmetropolitan area?
No, the cost of living in this region is exactly at the national average, with an index of 100. This means that the purchasing power of a salary here is comparable to the national standard.
How many Tellers are employed in this region?
There are approximately 220 Tellers employed in the Southern South Carolina nonmetropolitan area, representing 4.042 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 220 employees in the Southern South Carolina nonmetropolitan area area with a job density of 4.042 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 Southern South Carolina nonmetropolitan area