Skip to main content

Bank Teller Salary in Grand Rapids, MI β€” 2026 Guide

Estimated salaries are adjusted for Grand Rapids's cost of living (index: 94). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Bank Teller Salary in Grand Rapids β€” Key Numbers

$35,758
Median Salary
$31,208
25th Percentile
$41,821
75th Percentile
$49,247
90th Percentile
National median (Bank Teller)$38,040
vs. National median-6.0%
Grand Rapids median household income$65,800
vs. City household income-45.7%

Cost of Living in Grand Rapids

Cost of Living Index
94(100 = avg)
Median Monthly Rent$1,157/mo
Rent-to-Income Ratio38.8%
Annual rent cost$13,884
Median Home Price$285,000
Home Price / Salary8.0Γ—
20% Down Payment$57,000
Years to save (20% rate)8.0 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Grand Rapids

3.6%
Unemployment Rate
1,100,000
Metro Population
22 min
Avg Commute
32.5
Median Age

Grand Rapids has a metro population of 1,100,000, offering a sizeable job market with strong opportunities across key sectors. The 3.6% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Frequently Asked Questions

How much does a Bank Teller make in Grand Rapids, MI?

The estimated median salary for a Bank Teller in Grand Rapids is $35,758 per year (2026). This is derived from the national BLS median of $38,040 adjusted by Grand Rapids's cost of living index (94). The typical salary range runs from $31,208 (25th percentile) to $41,821 (75th percentile), with top earners reaching $49,247.

Is Grand Rapids affordable for a Bank Teller?

On a $35,758 annual salary, a Bank Teller in Grand Rapids would spend approximately 38.8% of gross monthly income on median rent ($1,157/month). This exceeds the 35% cost-burden threshold. Many Bank Tellers in Grand Rapids may find housing costs a significant financial pressure. The median home price of $285,000 is 8.0Γ— the annual salary.

How does a Bank Teller's salary compare to Grand Rapids's overall income?

Grand Rapids's median household income is $65,800. A Bank Teller earning the city-adjusted median of $35,758 earns 45.7% less than the typical Grand Rapids household income. This may reflect that the profession is entry-level or that Grand Rapids has a particularly high median household income due to high-earning industries.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.