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Average Interviewers, Except Eligibility and Loan Salary in Detroit-Warren-Dearborn, MI

In Detroit-Warren-Dearborn, MI, Interviewers, Except Eligibility and Loan professionals earn an average annual salary of $46,090. This figure slightly surpasses the national average of $45,050, indicating a competitive local market. Factors such as the specific industry demands and the overall economic landscape of the Detroit metropolitan area likely contribute to this slightly elevated compensation.

Executive Summary

  • Average Salary: $46,090 per year.
  • Growth Trend: Salaries have shifted 25.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,620.
  • Outlook: The local job market for Interviewers, Except Eligibility and Loan in Detroit-Warren-Dearborn, MI, comprises a workforce of 1,540 individuals. With a Location Quotient of 0.79, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated demand. The presence of nearly one job per thousand workers (0.806) indicates a consistent, albeit moderate, level of employment opportunities within this sector.
2024 Market Data

Salary Overview

$46,090

The average Interviewers, Except Eligibility and Loan in Detroit-Warren-Dearborn, MI earns+2.3%above the national average.

BreakdownBased on 40h/week
Hourly

$22.2

Weekly

$886

Monthly

$3,841

Interviewers, Except Eligibility and Loan Salary Distribution in Detroit-Warren-Dearborn, MI

Career progression for Interviewers, Except Eligibility and Loan in Detroit-Warren-Dearborn, MI, typically involves a salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior roles, characterized by greater responsibility and expertise, command salaries in the higher percentiles. The observable gaps between salary percentiles signify clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,560$14.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,568$16.6
ManagerOversees team, compliance, and project delivery.50% (Median)$42,660$20.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,613$27.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,620$30.6

Detailed Interviewers, Except Eligibility and Loan Market Analysis

Relocation Context

Nominal Salary

$46,090

Gross Pay

Real Wage (Purchasing Power)

$46,090

Adjusted for COL (100)

The nominal average annual salary of $46,090 in Detroit-Warren-Dearborn, MI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Interviewer's salary in this region is equivalent to the national standard, offering a balanced financial environment for residents.

Job Market Context

1,540

Total Jobs

0.806

Per 1K Jobs

0.79

Location Quotient

Below Average

Detroit-Warren-Dearborn, MI has 0.79x the national average concentration of Interviewers, Except Eligibility and Loan jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.79 for Interviewers, Except Eligibility and Loan in Detroit-Warren-Dearborn, MI, indicates that this profession is slightly less concentrated than the national average. This suggests that while the job market is present and stable, it may not be as specialized or abundant as in other regions, potentially offering a moderate level of competition for available positions.

Nearby Job Markets

Nearby Cities for Interviewers, Except Eligibility and Loan

Comparing salaries near Detroit-Warren-Dearborn, MI

Hiring Interviewers, Except Eligibility and Loans?

Frequently Asked Questions

How much does a Interviewers, Except Eligibility and Loan make in Detroit-Warren-Dearborn, MI?

The median annual salary for a Interviewers, Except Eligibility and Loan in Detroit-Warren-Dearborn, MI is $46,090. This typically ranges from $30,560 for entry-level positions to $63,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Detroit-Warren-Dearborn, MI is 2.3% higher than the national median of $45,050.

Is Detroit-Warren-Dearborn, MI a lucrative place for Interviewers, Except Eligibility and Loans?

Yes, moderately so.The average salary of $46,090 slightly exceeds the national average, and the cost of living is exactly at the national average, providing good purchasing power.

Is Detroit-Warren-Dearborn, MI a good place to live for Interviewers, Except Eligibility and Loans?

The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Detroit-Warren-Dearborn, MI?

Some top paying nearby cities include Ann Arbor, MI ($51,580) and Toledo, OH.

What is the average salary for an Interviewer in Detroit-Warren-Dearborn, MI?

The average annual salary for an Interviewer, Except Eligibility and Loan in Detroit-Warren-Dearborn, MI is $46,090.

How does the Detroit interviewer salary compare to the national average?

The average salary in Detroit-Warren-Dearborn, MI ($46,090) is slightly higher than the national average ($45,050).

What is the cost of living in Detroit-Warren-Dearborn, MI compared to the national average?

The cost of living in Detroit-Warren-Dearborn, MI is exactly at the national average, with an index of 100.

How concentrated is the job market for Interviewers in this area?

The job market for Interviewers, Except Eligibility and Loan in Detroit-Warren-Dearborn, MI has a Location Quotient of 0.79, indicating it is slightly less concentrated than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,540 employees in the Detroit-Warren-Dearborn, MI area with a job density of 0.806 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.