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Bank Teller Salary in Madison, WI β€” 2026 Guide

Estimated salaries are adjusted for Madison's cost of living (index: 102). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Bank Teller Salary in Madison β€” Key Numbers

$38,801
Median Salary
$33,864
25th Percentile
$45,380
75th Percentile
$53,438
90th Percentile
National median (Bank Teller)$38,040
vs. National median+2.0%
Madison median household income$74,200
vs. City household income-47.7%

Cost of Living in Madison

Cost of Living Index
102(100 = avg)
Median Monthly Rent$1,499/mo
Rent-to-Income Ratio46.4%
Annual rent cost$17,988
Median Home Price$380,000
Home Price / Salary9.8Γ—
20% Down Payment$76,000
Years to save (20% rate)9.8 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 Madison

2.4%
Unemployment Rate
680,000
Metro Population
22 min
Avg Commute
31.6
Median Age

Madison has a metro population of 680,000, offering a sizeable job market with strong opportunities across key sectors. The 2.4% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Bank Teller Salary β€” Other Wisconsin Cities

Frequently Asked Questions

How much does a Bank Teller make in Madison, WI?

The estimated median salary for a Bank Teller in Madison is $38,801 per year (2026). This is derived from the national BLS median of $38,040 adjusted by Madison's cost of living index (102). The typical salary range runs from $33,864 (25th percentile) to $45,380 (75th percentile), with top earners reaching $53,438.

Is Madison affordable for a Bank Teller?

On a $38,801 annual salary, a Bank Teller in Madison would spend approximately 46.4% of gross monthly income on median rent ($1,499/month). This exceeds the 35% cost-burden threshold. Many Bank Tellers in Madison may find housing costs a significant financial pressure. The median home price of $380,000 is 9.8Γ— the annual salary.

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

Madison's median household income is $74,200. A Bank Teller earning the city-adjusted median of $38,801 earns 47.7% less than the typical Madison household income. This may reflect that the profession is entry-level or that Madison 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.