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Bank Teller Salary in Springfield, MA β€” 2026 Guide

Estimated salaries are adjusted for Springfield's cost of living (index: 98). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Bank Teller Salary in Springfield β€” Key Numbers

$37,279
Median Salary
$32,536
25th Percentile
$43,600
75th Percentile
$51,342
90th Percentile
National median (Bank Teller)$38,040
vs. National median-2.0%
Springfield median household income$54,200
vs. City household income-31.2%

Cost of Living in Springfield

Cost of Living Index
98(100 = avg)
Median Monthly Rent$1,150/mo
Rent-to-Income Ratio37.0%
Annual rent cost$13,800
Median Home Price$275,000
Home Price / Salary7.4Γ—
20% Down Payment$55,000
Years to save (20% rate)7.4 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 Springfield

4.8%
Unemployment Rate
700,000
Metro Population
24 min
Avg Commute
37.8
Median Age

Springfield has a metro population of 700,000, offering a sizeable job market with strong opportunities across key sectors. The 4.8% unemployment rate is near the national average.

Bank Teller Salary β€” Other Massachusetts Cities

Frequently Asked Questions

How much does a Bank Teller make in Springfield, MA?

The estimated median salary for a Bank Teller in Springfield is $37,279 per year (2026). This is derived from the national BLS median of $38,040 adjusted by Springfield's cost of living index (98). The typical salary range runs from $32,536 (25th percentile) to $43,600 (75th percentile), with top earners reaching $51,342.

Is Springfield affordable for a Bank Teller?

On a $37,279 annual salary, a Bank Teller in Springfield would spend approximately 37.0% of gross monthly income on median rent ($1,150/month). This exceeds the 35% cost-burden threshold. Many Bank Tellers in Springfield may find housing costs a significant financial pressure. The median home price of $275,000 is 7.4Γ— the annual salary.

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

Springfield's median household income is $54,200. A Bank Teller earning the city-adjusted median of $37,279 earns 31.2% less than the typical Springfield household income. This may reflect that the profession is entry-level or that Springfield 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.