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Bank Teller Salary in Phoenix, AZ β€” 2026 Guide

Estimated salaries are adjusted for Phoenix's cost of living (index: 106). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Bank Teller Salary in Phoenix β€” Key Numbers

$40,322
Median Salary
$35,192
25th Percentile
$47,159
75th Percentile
$55,533
90th Percentile
National median (Bank Teller)$38,040
vs. National median+6.0%
Phoenix median household income$67,600
vs. City household income-40.4%

Cost of Living in Phoenix

Cost of Living Index
106(100 = avg)
Median Monthly Rent$1,150/mo
Rent-to-Income Ratio34.2%
Annual rent cost$13,800
Median Home Price$420,000
Home Price / Salary10.4Γ—
20% Down Payment$84,000
Years to save (20% rate)10.4 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 Phoenix

3.7%
Unemployment Rate
5,130,000
Metro Population
26 min
Avg Commute
33.8
Median Age

Phoenix has a metro population of 5,130,000, offering a large, diverse job market with many employers across all industries. The 3.7% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Bank Teller Salary β€” Other Arizona Cities

Frequently Asked Questions

How much does a Bank Teller make in Phoenix, AZ?

The estimated median salary for a Bank Teller in Phoenix is $40,322 per year (2026). This is derived from the national BLS median of $38,040 adjusted by Phoenix's cost of living index (106). The typical salary range runs from $35,192 (25th percentile) to $47,159 (75th percentile), with top earners reaching $55,533.

Is Phoenix affordable for a Bank Teller?

On a $40,322 annual salary, a Bank Teller in Phoenix would spend approximately 34.2% of gross monthly income on median rent ($1,150/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $420,000 is 10.4Γ— the annual salary.

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

Phoenix's median household income is $67,600. A Bank Teller earning the city-adjusted median of $40,322 earns 40.4% less than the typical Phoenix household income. This may reflect that the profession is entry-level or that Phoenix 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.