SalaryNode

Average Interviewers, Except Eligibility and Loan Salary in Northeast Alabama nonmetropolitan area

In the Northeast Alabama nonmetropolitan area, Interviewers, Except Eligibility and Loan professionals earn an average annual salary of $31,450. This figure is notably lower than the national average of $45,050, reflecting regional economic factors and the specific demand within this geographic area. The localized nature of the role and the economic landscape significantly influence compensation levels.

Executive Summary

  • Average Salary: $31,450 per year.
  • Growth Trend: Salaries have shifted 15.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $41,470.
  • Outlook: With a total local workforce of 220 individuals in this role, the Northeast Alabama nonmetropolitan area presents a concentrated job market. The Location Quotient of 1.44 indicates a higher concentration of these positions compared to the national average, suggesting a specialized demand within the region that supports a stable, albeit localized, employment base.
2024 Market Data

Salary Overview

$31,450

The average Interviewers, Except Eligibility and Loan in Northeast Alabama nonmetropolitan area earns-30.2%below the national average.

BreakdownBased on 40h/week
Hourly

$15.1

Weekly

$605

Monthly

$2,621

Interviewers, Except Eligibility and Loan Salary Distribution in Northeast Alabama nonmetropolitan area

Career progression for Interviewers, Except Eligibility and Loan typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior or specialized roles command higher salaries. The percentile gaps in earnings signify clear opportunities for advancement and increased earning potential as professionals gain expertise and take on more responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$25,310$12.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$23,588$11.3
ManagerOversees team, compliance, and project delivery.50% (Median)$29,550$14.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$39,313$18.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$41,470$19.9

Detailed Interviewers, Except Eligibility and Loan Market Analysis

Relocation Context

Nominal Salary

$31,450

Gross Pay

Real Wage (Purchasing Power)

$31,450

Adjusted for COL (100)

The nominal average salary of $31,450 in Northeast Alabama nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, making the cost of living a neutral factor in evaluating the salary's real value.

Job Market Context

220

Total Jobs

1.47

Per 1K Jobs

1.44

Location Quotient

Above Average

With a location quotient of 1.44, Northeast Alabama nonmetropolitan area has a slightly higher-than-average concentration of Interviewers, Except Eligibility and Loan roles compared to the national norm.

The Location Quotient of 1.44 for Interviewers, Except Eligibility and Loan in Northeast Alabama nonmetropolitan area signifies a market where these roles are more concentrated than the national average. This suggests a relatively robust demand for these specific skills within the region, potentially leading to more job opportunities and a competitive environment for employers seeking qualified candidates.

Nearby Job Markets

Nearby Cities for Interviewers, Except Eligibility and Loan

Comparing salaries near Northeast Alabama nonmetropolitan area

Hiring Interviewers, Except Eligibility and Loans?

Frequently Asked Questions

How much does a Interviewers, Except Eligibility and Loan make in Northeast Alabama nonmetropolitan area?

The median annual salary for a Interviewers, Except Eligibility and Loan in Northeast Alabama nonmetropolitan area is $31,450. This typically ranges from $25,310 for entry-level positions to $41,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Alabama nonmetropolitan area is 30.2% lower than the national median of $45,050.

Is Northeast Alabama nonmetropolitan area a lucrative place for Interviewers, Except Eligibility and Loans?

No, not compared to the national average.While the cost of living is average, the average salary of $31,450 is significantly lower than the national average of $45,050, indicating less lucrative compensation.

Is Northeast Alabama nonmetropolitan area a good place to live for Interviewers, Except Eligibility and Loans?

The Cost of Living Index in Northeast Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Alabama nonmetropolitan area?

Some top paying nearby cities include Montgomery, AL ($36,790) and Birmingham, AL.

How does the local workforce size affect job prospects?

A local workforce of 220 suggests a moderately sized pool of professionals in this role, indicating a stable but potentially competitive job market within the region.

What does a Location Quotient of 1.44 mean for Interviewers?

A Location Quotient of 1.44 means that Interviewers, Except Eligibility and Loan are 44% more concentrated in Northeast Alabama nonmetropolitan area than the national average, implying a higher relative demand for these roles locally.

How does the cost of living compare nationally?

The Cost of Living Index is 100, which is exactly the national average, meaning that the general cost of goods and services in Northeast Alabama nonmetropolitan area is neither cheaper nor more expensive than the national benchmark.

What is the national average salary for this role?

The national average annual salary for Interviewers, Except Eligibility and Loan is $45,050, providing a key benchmark for comparing local earnings.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Northeast Alabama nonmetropolitan area area with a job density of 1.47 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.