As of May 18, 2021, the average salary for a Vault Teller in Michigan is $38,844 per year, which breaks down to an hourly rate of $19.
However, a Vault Teller's salary can vary significantly. Here’s a look at the typical salary range:
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Vault Teller Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $41,661 | $3,472 | $801 | $20 |
| Average | $38,844 | $3,237 | $747 | $19 |
| 25th Percentile | $36,358 | $3,030 | $699 | $17 |
Loomis - Grand Rapids, MI
FreeStar Financial Credit Union - 48045, MI
National Staffing Solutions - ODESSA, TX
Community Options, Inc. - ALBUQUERQUE, NM
A Vault Teller's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Vault Teller's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Vault Teller | $37,990 |
| Intermediate Level Vault Teller | $38,457 |
| Senior Level Vault Teller | $39,560 |
| Specialist Level Vault Teller | $40,231 |
| Expert Level Vault Teller | $40,315 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Vault Tellers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Understanding how a Vault Teller's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $41,661 | $3,472 | $801 | $20 |
| Average | $38,844 | $3,237 | $747 | $19 |
| 25th Percentile | $36,358 | $3,030 | $699 | $17 |
For a Vault Teller, the most direct path to higher earnings is advancing to the Teller III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $43,827 - a projected growth of 13% over your current level.
Ready to take the next step in your career? Browse thousands of current Vault Teller job openings on our job board. Use the search bar below to find your perfect match.
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