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Average Tellers Salary in Wilmington, NC

In Wilmington, North Carolina, Tellers earn an average annual salary of $40,550. This figure is slightly below the national average of $40,940, indicating a minor regional adjustment in compensation. Local economic factors and the specific demand within the Wilmington financial sector likely contribute to this pay rate.

Executive Summary

  • Average Salary: $40,550 per year.
  • Growth Trend: Salaries have shifted 11.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,210.
  • Outlook: Wilmington, NC hosts a local workforce of 310 Tellers, with a Location Quotient of 0.74. This suggests a slightly lower concentration of Tellers compared to the national average. While not a major hub for this profession, the existing workforce indicates a stable, albeit not rapidly expanding, demand for Tellers in the area.
2024 Market Data

Salary Overview

$40,550

The average Tellers in Wilmington, NC earns-1.0%below the national average.

BreakdownBased on 40h/week
Hourly

$19.5

Weekly

$780

Monthly

$3,379

Tellers Salary Distribution in Wilmington, NC

The career path for Tellers typically involves salary progression based on experience and skill development. Entry-level positions often start at the lower end of the pay scale, while senior Tellers with extensive experience and specialized knowledge can command significantly higher salaries. The percentile gaps in salary data for Tellers in Wilmington would reflect these opportunities for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,350$14.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,413$14.6
ManagerOversees team, compliance, and project delivery.50% (Median)$38,950$18.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$50,688$24.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$49,210$23.7

Detailed Tellers Market Analysis

Relocation Context

Nominal Salary

$40,550

Gross Pay

Real Wage (Purchasing Power)

$40,550

Adjusted for COL (100)

The average annual salary of $40,550 in Wilmington, NC aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in Wilmington is neither significantly higher nor lower than the typical American city.

Job Market Context

310

Total Jobs

1.633

Per 1K Jobs

0.74

Location Quotient

Below Average

Wilmington, NC has 0.74x 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 0.74, Wilmington, NC has a slightly lower concentration of Tellers relative to the national average. This indicates that the job market for Tellers in Wilmington is not oversaturated and may present moderate opportunities for those seeking employment. While not a primary center for this role, the presence of Tellers suggests a consistent need within the local financial institutions.

Nearby Job Markets

Nearby Cities for Tellers

Comparing salaries near Wilmington, NC

Hiring Tellerss?

Frequently Asked Questions

How much does a Tellers make in Wilmington, NC?

The median annual salary for a Tellers in Wilmington, NC is $40,550. This typically ranges from $29,350 for entry-level positions to $49,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wilmington, NC is 1.0% lower than the national median of $40,940.

Is Wilmington, NC a lucrative place for Tellers?

No, not exceptionally lucrative, but stable.The average salary of $40,550 is slightly below the national average, and the concentration of Tellers is also lower than the national average, indicating a stable but not high-demand market.

Is Wilmington, NC a good place to live for Tellers?

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

Where are the highest paying cities near Wilmington, NC?

Some top paying nearby cities include Jacksonville, NC ($34,740) and Myrtle Beach-Conway-North Myrtle Beach, SC.

How does Wilmington, NC's cost of living compare to the national average?

Wilmington, NC has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the country.

What is the concentration of Tellers in Wilmington, NC?

The concentration of Tellers in Wilmington, NC, measured by the Location Quotient, is 0.74. This is below the national average of 1.0, indicating fewer Tellers per capita than the national rate.

How many Tellers work in Wilmington, NC?

There are approximately 310 Tellers employed in Wilmington, NC, contributing to the local financial services sector.

Are there many job openings for Tellers in Wilmington, NC?

With a Location Quotient below 1.0, the market is not exceptionally concentrated, suggesting a steady but not booming demand for Tellers in Wilmington, NC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Wilmington, NC area with a job density of 1.633 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.