SalaryNode

Average Loan Interviewers and Clerks Salary in Champaign-Urbana, IL

The average salary for a Loan Interviewers and Clerks in Champaign-Urbana, IL is $48,560. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $48,560 per year.
  • Growth Trend: Salaries have shifted 39.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,660.
  • Outlook: The current demand for Loan Interviewers and Clerkss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Champaign-Urbana, IL economy.
2024 Market Data

Salary Overview

$48,560

The average Loan Interviewers and Clerks in Champaign-Urbana, IL earns-4.9%below the national average.

BreakdownBased on 40h/week
Hourly

$23.4

Weekly

$934

Monthly

$4,047

Loan Interviewers and Clerks Salary Distribution in Champaign-Urbana, IL

The earning potential for Loan Interviewers and Clerkss in Champaign-Urbana, IL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $36,720, while highly experienced professionals can command wages upwards of $59,660.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,720$17.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,420$17.5
ManagerOversees team, compliance, and project delivery.50% (Median)$46,780$22.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,700$29.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,660$28.7

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$48,560

Gross Pay

Real Wage (Purchasing Power)

$48,560

Adjusted for COL (100)

In Champaign-Urbana, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $48,560 to $48,560.

Job Market Context

130

Total Jobs

1.2

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Champaign-Urbana, IL has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.

130 people work as Loan Interviewers and Clerks in Champaign-Urbana, IL.

1.2 out of every 1,000 local jobs are Loan Interviewers and Clerks positions — a typical concentration.

Nearby Job Markets

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Champaign-Urbana, IL?

The median annual salary for a Loan Interviewers and Clerks in Champaign-Urbana, IL is $48,560. This typically ranges from $36,720 for entry-level positions to $59,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Champaign-Urbana, IL is 4.9% lower than the national median of $51,050.

Is Champaign-Urbana, IL a good place for Loan Interviewers and Clerkss?

It depends on your priorities. While the average Loan Interviewers and Clerks salary in Champaign-Urbana, IL is $48,560 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Champaign-Urbana, IL. See distinct detailed breakdown below.

Is Champaign-Urbana, IL a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Champaign-Urbana, IL?

Some top paying nearby cities include Decatur, IL ($47,580) and West Central Illinois nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Champaign-Urbana, IL area with a job density of 1.2 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.