SalaryNode

Average Interviewers, Except Eligibility and Loan Salary in Springfield, MA

In Springfield, MA, Interviewers (Except Eligibility and Loan) earn an average annual salary of $46,700. This figure slightly surpasses the national average of $45,050, indicating a localized premium for this role. Factors such as regional economic conditions and the specific demand within the Springfield labor market contribute to this compensation.

Executive Summary

  • Average Salary: $46,700 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,830.
  • Outlook: With a total local workforce of 210 individuals in this specific role, the market in Springfield, MA, presents a stable environment for Interviewers. The Location Quotient of 1.05 suggests a concentration of these roles that is slightly above the national average, implying a steady, if not growing, demand within the local economy.
2024 Market Data

Salary Overview

$46,700

The average Interviewers, Except Eligibility and Loan in Springfield, MA earns+3.7%above the national average.

BreakdownBased on 40h/week
Hourly

$22.5

Weekly

$898

Monthly

$3,892

Interviewers, Except Eligibility and Loan Salary Distribution in Springfield, MA

Salary progression for Interviewers, Except Eligibility and Loan, typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher than the average. The gap between entry-level and senior roles signifies substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,660$19.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,025$16.8
ManagerOversees team, compliance, and project delivery.50% (Median)$44,640$21.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,375$28.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,830$29.2

Detailed Interviewers, Except Eligibility and Loan Market Analysis

Relocation Context

Nominal Salary

$46,700

Gross Pay

Real Wage (Purchasing Power)

$46,700

Adjusted for COL (100)

The average annual salary of $46,700 in Springfield, MA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Interviewer's salary in Springfield is equivalent to the national average, offering a stable financial standing without significant advantages or disadvantages related to living expenses.

Job Market Context

210

Total Jobs

1.072

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Springfield, MA has a slightly higher-than-average concentration of Interviewers, Except Eligibility and Loan roles compared to the national norm.

A Location Quotient of 1.05 indicates that Springfield, MA, has a slightly higher concentration of Interviewers, Except Eligibility and Loan, compared to the national average. This suggests a healthy and competitive job market where demand is robust enough to support a slightly larger proportion of these roles than typically found nationwide.

Nearby Job Markets

Hiring Interviewers, Except Eligibility and Loans?

Frequently Asked Questions

How much does a Interviewers, Except Eligibility and Loan make in Springfield, MA?

The median annual salary for a Interviewers, Except Eligibility and Loan in Springfield, MA is $46,700. This typically ranges from $40,660 for entry-level positions to $60,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MA is 3.7% higher than the national median of $45,050.

Is Springfield, MA a lucrative place for Interviewers, Except Eligibility and Loans?

Yes, moderately so.The average salary of $46,700 is slightly above the national average, and the cost of living is on par with the national average, offering good purchasing power.

Is Springfield, MA a good place to live for Interviewers, Except Eligibility and Loans?

The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MA?

Some top paying nearby cities include Amherst Town-Northampton, MA ($51,320) and Hartford-West Hartford-East Hartford, CT.

What is the average salary for an Interviewer in Springfield, MA?

The average annual salary for an Interviewer (Except Eligibility and Loan) in Springfield, MA, is $46,700.

How does Springfield's salary compare to the national average?

The average salary in Springfield ($46,700) is slightly higher than the national average ($45,050).

What does a Location Quotient of 1.05 mean for this role in Springfield?

A Location Quotient of 1.05 signifies that Springfield has a slightly higher concentration of Interviewers, Except Eligibility and Loan, jobs compared to the national average, indicating a healthy local demand.

How does the cost of living in Springfield affect salary perception?

With a Cost of Living Index of 100 (matching the national average), the $46,700 salary in Springfield offers purchasing power equivalent to 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 210 employees in the Springfield, MA area with a job density of 1.072 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.