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Bank Teller Salary in Denver, CO — 2026

Bank Teller salary data for Denver, CO — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Bank Teller salary in Denver, CO is $42,480 per year ($3,540/month, $20/hr). This reflects the local cost of living index of 118, which is 18% above the national average.

Entry Level
$35K
$17/hr
Median
$42K
$20/hr
Senior
$50K
$24/hr
Top Earner
$57K
$27/hr

Bank Teller Take-Home Pay in Denver

Tax Breakdown (Median Salary)

Gross Annual$42,480
Federal Tax-$2,918
State Tax (4.4%)-$1,869
FICA (SS + Medicare)-$3,250
Annual Take-Home$34,444
Monthly Take-Home$2,870

Living Cost Comparison

Median Rent$1,850/mo
Rent-to-Income Ratio52.3%
Median Home Price$550,000
Cost of Living Index118
City Median Salary$78,500
Bank Teller vs City Median$-36,020

Bank Teller Requirements

Education
High School Diploma
Experience
0 years
Job Growth
-2.0% (2024-2034)

Key Skills

Cash HandlingCustomer ServiceBanking SoftwareMathAttention to Detail

Denver Job Market Overview

Denver, Colorado has a population of 715,522 and an unemployment rate of 3.0%. The top industries are Technology, Energy, Healthcare. The local job growth rate is 2.5%, and the average commute time is 27 minutes.

Bank Teller Salary in Nearby Colorado Cities

Salary Percentile Breakdown — Bank Teller in Denver

Based on the cost-of-living-adjusted distribution for Bank Teller in Denver, CO, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$35,400$17/hrEntry-level, < 1 yr exp.
25th$38,940$19/hrJunior, 1-3 yrs exp.
50th (median)$42,480$20/hrMid-career, 0 years
75th$49,560$24/hrSenior, 5-10 yrs exp.
90th (top)$56,640$27/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Bank Teller compensation data. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Denver's Technology sector.

5-Year Salary Trajectory

Bank Teller salaries in Denver have grown approximately 5.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$40,457
Adjusted for Denver COL
Today (2026)
$42,480
+5.0% vs 5y ago
Projected 2031
$44,604
If growth continues

Year-over-year, an average Bank Teller can expect a 8.8% annual increase moving from entry to senior level over 4 years in Denver. Negotiation, certifications (None required), and changing employers strategically can accelerate this trajectory.

Denver vs National Average

The national median Bank Teller salary is $36,000. In Denver, the cost-of-living-adjusted median of $42,480 is 18.0% above the national figure. This reflects Denver's cost of living index of 118 (higher than the national average of 100).

For Bank Tellers, this means: rent typically consumes 64.5% of take-home pay (households spending >30% are considered rent-burdened), and a median home in Denver costs about 16.0× annual take-home. Homeownership in Denver on this salary is challenging — most experts recommend keeping home costs to 3-4× income.

Industry Context: Technology in Denver

Denver's economy is anchored by Technology, Energy, Healthcare, with 715,522 residents and 3.0% unemployment as of 2026. Bank Tellers working in the Technology sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 2.5%, and Bank Teller occupations specifically are projected to grow -2.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Bank Teller salaries in Denver, CO:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Denver index of 118 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs checked separately.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), CO state income tax of 4.4%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Bank Teller salaries can vary significantly based on employer, sector (Technology vs others in Denver), specific skill set (Cash Handling, Customer Service, Banking Software), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Bank Teller salary in Denver, CO?
The median Bank Teller salary in Denver, CO is $42,480 per year as of 2026. This is adjusted for the local cost of living index of 118. Entry-level Bank Tellers earn around $35,400, while senior-level professionals can earn $49,560 or more.
How much does a Bank Teller take home in Denver after taxes?
A Bank Teller earning the median salary of $42,480 in Denver, CO takes home approximately $34,444 per year ($2,870/month) after federal, state, and local taxes. The effective tax rate is 18.9%.
Is Denver a good city for Bank Tellers?
Denver, CO has a cost of living index of 118 (above national average). Bank Tellers here earn below the city median. The local unemployment rate is 3.0% and top industries include Technology, Energy, Healthcare.
What skills are needed for a Bank Teller in Denver?
Key skills for Bank Tellers include Cash Handling, Customer Service, Banking Software, Math, Attention to Detail. Typical education requirement is High School Diploma. Valuable certifications include None required.
How does Bank Teller salary in Denver compare to the national average?
The national median Bank Teller salary is $36,000. In Denver, the adjusted salary is $42,480, which is 18.0% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Bank Teller salary in Denver, CO?

The median Bank Teller salary in Denver, CO is $42,480 per year as of 2026. This is adjusted for the local cost of living index of 118. Entry-level Bank Tellers earn around $35,400, while senior-level professionals can earn $49,560 or more.

How much does a Bank Teller take home in Denver after taxes?

A Bank Teller earning the median salary of $42,480 in Denver, CO takes home approximately $34,444 per year ($2,870/month) after federal, state, and local taxes. The effective tax rate is 18.9%.

Is Denver a good city for Bank Tellers?

Denver, CO has a cost of living index of 118 (above national average). Bank Tellers here earn below the city median. The local unemployment rate is 3.0% and top industries include Technology, Energy, Healthcare.

What skills are needed for a Bank Teller in Denver?

Key skills for Bank Tellers include Cash Handling, Customer Service, Banking Software, Math, Attention to Detail. Typical education requirement is High School Diploma. Valuable certifications include None required.

How does Bank Teller salary in Denver compare to the national average?

The national median Bank Teller salary is $36,000. In Denver, the adjusted salary is $42,480, which is 18.0% higher than the national average, reflecting the local cost of living.