Teller Salary in Memphis, TN
Tellers in the Memphis, TN-MS-AR metro area earn a median $38,260 a year — 11% less than the national median. After 2026 taxes, that is $32,922 take-home, or $2,743 a month.
Take-home pay calculator
Pre-filled with the median teller salary in Memphis, TN. Enter your own offer to see your paycheck.
- Federal income tax$2,411
- Social Security (6.2%)$2,372
- Medicare (1.45%)$555
- Tennessee income tax$0
- Take-home pay$32,922
Marginal rate: 12% federal + 0.00% state
The Memphis, TN-MS-AR metro spans Tennessee, Mississippi, Arkansas. Pick the state you live in — state income tax follows your residence.
Teller pay by experience in Memphis, TN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $31,260 | $15.03 | $27,297 | $2,275 |
| 25th percentile | $36,750 | $17.67 | $31,709 | $2,642 |
| Median (50th) | $38,260 | $18.39 | $32,922 | $2,743 |
| 75th percentile | $45,410 | $21.83 | $38,667 | $3,222 |
| 90th percentile (top earners) | $47,350 | $22.76 | $40,226 | $3,352 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Tennessee resident, 2026 tax rules.
What $38,260 buys in Memphis, TN
Prices in Memphis, TN are 7.8% lower than the U.S. average (housing costs are 20% below the national average). Adjusted for local prices, a median teller's $32,922 take-home pay has the buying power of $35,715 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Teller jobs are about as common in Memphis, TN as in the U.S. overall (location quotient 0.82).
Best-paying cities for tellers, adjusted for cost of living
Memphis, TN ranks #60 of 124 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Des Moines, IA | $45,450 | $37,624 | $41,029 |
| 2 | Cleveland, OH | $45,560 | $38,317 | $40,796 |
| 3 | Toledo, OH | $44,160 | $37,231 | $40,709 |
| 4 | Cincinnati, OH | $45,920 | $38,596 | $40,470 |
| 5 | Dayton, OH | $43,940 | $37,060 | $39,981 |
| 6 | Olympia, WA | $48,700 | $41,310 | $39,848 |
| 7 | Greenville, SC | $45,360 | $37,062 | $39,741 |
| 8 | Lakeland, FL | $45,240 | $38,530 | $39,664 |
| 60 | Memphis, TN | $38,260 | $32,922 | $35,715 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 124 metros →
Teller salaries elsewhere in Tennessee
- Chattanooga, TN — $37,280
- Knoxville, TN — $37,090
- Nashville, TN — $38,510
Frequently asked questions
How much does a teller make in Memphis, TN?
The median teller salary in the Memphis, TN-MS-AR metro area is $38,260 a year, or about $18.39 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $36,750 and $45,410.
What is a teller’s take-home pay in Memphis, TN?
On the median $38,260 salary, a single filer living in Tennessee takes home about $32,922 a year ($2,743 a month) after federal tax, Social Security, Medicare in 2026.
Is Memphis, TN a good place to work as a teller?
Pay here is 11% below the national median of $43,030. Local prices are 7.8% below the U.S. average, so the take-home pay buys what $35,715 would in a typical U.S. city. Memphis, TN ranks #60 of 124 metro areas for cost-of-living-adjusted pay in this job.
Can a teller afford rent in Memphis, TN?
HUD’s fair market rent for a one-bedroom in Memphis, TN is $1,137 a month ($1,263 for two bedrooms) — 41% of a median teller’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Memphis, TN
- First-Line Supervisor of Office and Administrative Support Workers — $71,310
- Executive Secretary and Executive Administrative Assistant — $63,610
- Postal Service Mail Carrier — $58,910
- Production, Planning, and Expediting Clerks — $57,030
- Cargo and Freight Agent — $55,930
- Postal Service Mail Sorters, Processors, and Processing Machine Operators — $54,330
- Payroll and Timekeeping Clerk — $53,420
- Dispatchers, Except Police, Fire, and Ambulance — $53,080
- Eligibility Interviewers, Government Programs — $49,940
- Human Resources Assistants, Except Payroll and Timekeeping — $48,490
- Bookkeeping, Accounting, and Auditing Clerks — $48,400
- Billing and Posting Clerk — $46,340