Average Loan Interviewers and Clerks Salary in Austin-Round Rock-San Marcos, TX
In the Austin-Round Rock-San Marcos, TX metropolitan area, Loan Interviewers and Clerks earn an average annual salary of $53,170. This figure notably surpasses the national average of $51,050, indicating a localized premium for these roles. The dynamic economic landscape and specific industry demands within the Austin region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $53,170 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,940.
- Outlook: The Austin-Round Rock-San Marcos, TX area demonstrates a robust job market for Loan Interviewers and Clerks, with a total local workforce of 2,030 individuals in this occupation. The Location Quotient of 1.43 signifies a higher concentration of these jobs compared to the national average, suggesting strong and potentially growing demand within the region.
Salary Overview
The average Loan Interviewers and Clerks in Austin-Round Rock-San Marcos, TX earns+4.2%above the national average.
$25.6
$1,023
$4,431
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Loan Interviewers and Clerks in the Austin-Round Rock-San Marcos, TX area have experienced growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is often driven by increasing demand for financial services and a competitive labor market.
Loan Interviewers and Clerks Salary Distribution in Austin-Round Rock-San Marcos, TX
Career progression for Loan Interviewers and Clerks typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the gap between starting salaries and those earned by experienced professionals often widens considerably, reflecting accumulated expertise, responsibility, and performance. These percentile gaps are key indicators of career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,640 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,878 | $19.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,950 | $24.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,463 | $32 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $69,940 | $33.6 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$53,170
Gross Pay
Real Wage (Purchasing Power)
$53,170
Adjusted for COL (100)
The nominal average annual salary of $53,170 in Austin-Round Rock-San Marcos, TX aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Loan Interviewer or Clerk's salary in this area is equivalent to the national average, offering a stable financial environment without the typical pressures associated with higher-than-average living expenses.
Job Market Context
2,030
Total Jobs
1.611
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Austin-Round Rock-San Marcos, TX has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.
With a Location Quotient of 1.43, the Austin-Round Rock-San Marcos, TX job market for Loan Interviewers and Clerks is more concentrated than the national average. This suggests that the demand for these professionals is relatively high in this specific metropolitan area, potentially leading to more job openings and a competitive environment for employers seeking qualified candidates.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
Comparing salaries near Austin-Round Rock-San Marcos, TX
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Loan Interviewers and Clerks in Austin-Round Rock-San Marcos, TX is $53,170. This typically ranges from $38,640 for entry-level positions to $69,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 4.2% higher than the national median of $51,050.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Loan Interviewers and Clerks?
Yes, it is a lucrative place for Loan Interviewers and Clerks.The average salary of $53,170 is above the national average, and the cost of living is on par with the national average, indicating strong earning potential and purchasing power.
Is Austin-Round Rock-San Marcos, TX a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($45,810) and Northwestern Region of Texas nonmetropolitan area.
How does the local concentration of Loan Interviewers and Clerks compare to the national average?
The local concentration, measured by the Location Quotient, is 1.43, which is 43% higher than the national average, indicating a greater presence of these roles in the Austin-Round Rock-San Marcos, TX area.
What is the total number of Loan Interviewers and Clerks in the Austin-Round Rock-San Marcos, TX area?
There are approximately 2,030 Loan Interviewers and Clerks employed within the Austin-Round Rock-San Marcos, TX metropolitan area.
How many Loan Interviewer and Clerk jobs are there per 1,000 workers in Austin-Round Rock-San Marcos, TX?
For every 1,000 workers in the Austin-Round Rock-San Marcos, TX area, there are approximately 1.611 jobs for Loan Interviewers and Clerks.
Does the cost of living in Austin-Round Rock-San Marcos, TX affect the salary for Loan Interviewers and Clerks?
No, the cost of living in Austin-Round Rock-San Marcos, TX is exactly at the national average (100), meaning the local salary of $53,170 has the same purchasing power as the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,030 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 1.611 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Loan Interviewers and Clerks • Data source: BLS OEWS 2024 •Jobs in Austin-Round Rock-San Marcos, TX