Bank Teller Salary in Newark, NJ — 2026 Guide
Estimated salaries are adjusted for Newark's cost of living (index: 140). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Bank Teller Salary in Newark — Key Numbers
Cost of Living in Newark
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Newark
Newark has a metro population of 310,000, offering a growing job market with opportunities especially in established local industries. The 6.1% unemployment rate is above the national average, which may reflect broader economic conditions in the region.
Financial Calculators for Newark
Other Professions in Newark
Bank Teller Salary — Other New Jersey Cities
Frequently Asked Questions
How much does a Bank Teller make in Newark, NJ?
The estimated median salary for a Bank Teller in Newark is $53,256 per year (2026). This is derived from the national BLS median of $38,040 adjusted by Newark's cost of living index (140). The typical salary range runs from $46,480 (25th percentile) to $62,286 (75th percentile), with top earners reaching $73,346.
Is Newark affordable for a Bank Teller?
On a $53,256 annual salary, a Bank Teller in Newark would spend approximately 40.6% of gross monthly income on median rent ($1,800/month). This exceeds the 35% cost-burden threshold. Many Bank Tellers in Newark may find housing costs a significant financial pressure. The median home price of $395,000 is 7.4× the annual salary.
How does a Bank Teller's salary compare to Newark's overall income?
Newark's median household income is $37,200. A Bank Teller earning the city-adjusted median of $53,256 earns 43.2% more than the typical Newark household — placing them solidly in the middle-to-upper income tier for the city.
Explore More Salary Data
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.