SalaryNode

Average Tellers Salary in Spartanburg, SC

In Spartanburg, SC, Tellers earn an average annual salary of $40,770. This figure is slightly below the national average of $40,940, indicating a minor difference in compensation for this role within the local market. Factors such as regional economic conditions and the specific demand within Spartanburg's financial sector likely contribute to this pay rate.

Executive Summary

  • Average Salary: $40,770 per year.
  • Growth Trend: Salaries have shifted 18.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,290.
  • Outlook: The Spartanburg, SC market for Tellers shows a moderate presence, with a total local workforce of 240 individuals in this role. The Location Quotient of 0.67 suggests that Tellers are less concentrated in Spartanburg compared to the national average, implying a stable but not exceptionally high demand for these positions within the local economy.
2024 Market Data

Salary Overview

$40,770

The average Tellers in Spartanburg, SC earns-0.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.6

Weekly

$784

Monthly

$3,398

Tellers Salary Distribution in Spartanburg, SC

As Tellers gain experience in Spartanburg, their earning potential typically increases. Entry-level positions may start closer to the lower end of the salary spectrum, while senior Tellers with extensive experience and specialized skills can command higher salaries. The progression from junior to senior roles is often marked by significant percentile gaps in pay, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,900$17.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,578$14.7
ManagerOversees team, compliance, and project delivery.50% (Median)$39,690$19.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$50,963$24.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,290$22.3

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$40,770

Gross Pay

Real Wage (Purchasing Power)

$40,770

Adjusted for COL (100)

The average annual salary of $40,770 in Spartanburg, SC aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Teller's salary in Spartanburg is equivalent to the national average, suggesting that the cost of essential goods and services is neither significantly higher nor lower than the typical U.S. city.

Job Market Context

240

Total Jobs

1.465

Per 1K Jobs

0.67

Location Quotient

Below Average

Spartanburg, SC has 0.67x 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.

With a Location Quotient of 0.67, Spartanburg, SC has a lower concentration of Tellers relative to the national average. This indicates that while the role is present, it is not a dominant profession within the local job market compared to other areas. This suggests a balanced job market where demand is met by the available workforce without significant oversupply or undersupply.

Nearby Job Markets

Nearby Cities for Tellers

CitySalaryDist.
Greenville-Anderson-Greer, SC Tellers Salary$41,200↑ 1%26 mi
Asheville, NC Tellers Salary$42,620↑ 5%56 mi
Charlotte-Concord-Gastonia, NC-SC Tellers Salary$44,080↑ 8%64 mi
Hickory-Lenoir-Morganton, NC Tellers Salary$42,650↑ 5%65 mi
Columbia, SC Tellers Salary$40,250↓ 1%85 mi

Comparing salaries near Spartanburg, SC

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Spartanburg, SC?

The median annual salary for a Tellers in Spartanburg, SC is $40,770. This typically ranges from $36,900 for entry-level positions to $46,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Spartanburg, SC is 0.4% lower than the national median of $40,940.

Is Spartanburg, SC a lucrative place for Tellers?

No, Spartanburg, SC is not a particularly lucrative place for Tellers.The average salary for Tellers in Spartanburg is slightly below the national average, and the concentration of these jobs is also lower than the national average.

Is Spartanburg, SC a good place to live for Tellers?

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

Where are the highest paying cities near Spartanburg, SC?

Some top paying nearby cities include Greenville-Anderson-Greer, SC ($41,200) and Asheville, NC.

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

The average annual salary for Tellers in Spartanburg, SC is $40,770, which is slightly lower than the national average of $40,940.

What is the Cost of Living in Spartanburg, SC for Tellers?

Spartanburg, SC has a Cost of Living Index of 100, which is exactly the national average. This means the purchasing power of a Teller's salary is on par with the national average.

How concentrated are Teller jobs in Spartanburg, SC?

Teller jobs are less concentrated in Spartanburg, SC, with a Location Quotient of 0.67, indicating they are less prevalent than the national average.

What is the total number of Tellers in Spartanburg, SC?

There are approximately 240 Tellers employed in Spartanburg, SC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Spartanburg, SC area with a job density of 1.465 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Tellers • Data source: BLS OEWS 2024 •Jobs in Spartanburg, SC