Average Loan Interviewers and Clerks Salary in Dallas-Fort Worth-Arlington, TX
In the Dallas-Fort Worth-Arlington, TX metropolitan area, Loan Interviewers and Clerks earn an average annual salary of $52,620. This figure slightly surpasses the national average of $51,050, indicating a favorable compensation landscape for these roles within the region. The local economic drivers and demand for financial services professionals likely contribute to this competitive pay.
Executive Summary
- Average Salary: $52,620 per year.
- Growth Trend: Salaries have shifted 21.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,360.
- Outlook: The Dallas-Fort Worth-Arlington area boasts a robust job market for Loan Interviewers and Clerks, evidenced by a substantial local workforce of 8,510 individuals. With a Location Quotient of 1.89, this region demonstrates a significantly higher concentration of these roles compared to the national average, suggesting strong and sustained demand for their services.
Salary Overview
The average Loan Interviewers and Clerks in Dallas-Fort Worth-Arlington, TX earns+3.1%above the national average.
$25.3
$1,012
$4,385
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 Dallas-Fort Worth-Arlington area have experienced steady growth over the past four years. This trend is typical in dynamic metropolitan economies, where increasing demand, evolving financial regulations, and cost-of-living adjustments generally lead to upward salary pressures.
Loan Interviewers and Clerks Salary Distribution in Dallas-Fort Worth-Arlington, TX
Career progression for Loan Interviewers and Clerks in Dallas-Fort Worth-Arlington typically correlates with increased salary. Entry-level positions may start closer to the lower end of the pay scale, while experienced professionals with specialized skills or supervisory responsibilities can command significantly higher compensation. The variance between entry-level and senior roles, often reflected in salary percentiles, highlights clear opportunities for career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,010 | $18.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,465 | $19 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,650 | $24.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $65,775 | $31.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $68,360 | $32.9 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$52,620
Gross Pay
Real Wage (Purchasing Power)
$52,620
Adjusted for COL (100)
The average annual salary of $52,620 in Dallas-Fort Worth-Arlington, 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 region is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
8,510
Total Jobs
2.125
Per 1K Jobs
1.89
Location Quotient
Dallas-Fort Worth-Arlington, TX has 1.9x the national concentration of Loan Interviewers and Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.89 for Loan Interviewers and Clerks in Dallas-Fort Worth-Arlington signifies a market where these professionals are in higher demand relative to the national average. This concentration suggests a competitive environment, potentially offering more job opportunities and favorable negotiation leverage for skilled individuals in this sector.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Sherman-Denison, TX Loan Interviewers and Clerks Salary | $49,520↓ 6% | 60 mi |
| Waco, TX Loan Interviewers and Clerks Salary | $47,940↓ 9% | 87 mi |
| Tyler, TX Loan Interviewers and Clerks Salary | $46,370↓ 12% | 92 mi |
Comparing salaries near Dallas-Fort Worth-Arlington, TX
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Dallas-Fort Worth-Arlington, TX?
The median annual salary for a Loan Interviewers and Clerks in Dallas-Fort Worth-Arlington, TX is $52,620. This typically ranges from $38,010 for entry-level positions to $68,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dallas-Fort Worth-Arlington, TX is 3.1% higher than the national median of $51,050.
Is Dallas-Fort Worth-Arlington, TX a lucrative place for Loan Interviewers and Clerks?
Yes, it offers competitive compensation.The average salary of $52,620 is above the national average, and the cost of living is on par, making it financially advantageous.
Is Dallas-Fort Worth-Arlington, TX a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Dallas-Fort Worth-Arlington, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dallas-Fort Worth-Arlington, TX?
Some top paying nearby cities include Sherman-Denison, TX ($49,520) and Waco, TX.
How does the Dallas-Fort Worth-Arlington job market compare nationally for Loan Interviewers and Clerks?
The Dallas-Fort Worth-Arlington area has a concentration of Loan Interviewers and Clerks that is 89% higher than the national average, indicating a stronger local job market.
What is the average number of Loan Interviewer and Clerk jobs per 1,000 workers in Dallas-Fort Worth-Arlington?
There are approximately 2.125 jobs per 1,000 workers for Loan Interviewers and Clerks in the Dallas-Fort Worth-Arlington area.
Does the cost of living affect the value of a Loan Interviewer's salary in Dallas?
No, the cost of living in Dallas-Fort Worth-Arlington is exactly at the national average (100), meaning the $52,620 salary has standard purchasing power.
How many Loan Interviewers and Clerks are employed in the Dallas-Fort Worth-Arlington area?
The Dallas-Fort Worth-Arlington metropolitan area employs approximately 8,510 Loan Interviewers and Clerks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,510 employees in the Dallas-Fort Worth-Arlington, TX area with a job density of 2.125 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 Dallas-Fort Worth-Arlington, TX