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Average Loan Interviewers and Clerks Salary in East Arkansas nonmetropolitan area

The average salary for Loan Interviewers and Clerkss in East Arkansas nonmetropolitan area is $41,940. While this is lower than the national average, the cost of living in East Arkansas nonmetropolitan area may offset the difference, preserving real purchasing power. Notably, East Arkansas nonmetropolitan area is a key hub for this profession, with a job concentration 1.47x higher than average.

Executive Summary

  • Average Salary: $41,940 per year.
  • Growth Trend: Salaries have shifted 23.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $51,490.
  • Outlook: The current demand for Loan Interviewers and Clerkss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader East Arkansas nonmetropolitan area economy.
2024 Market Data

Salary Overview

$41,940

The average Loan Interviewers and Clerks in East Arkansas nonmetropolitan area earns-17.8%below the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$807

Monthly

$3,495

Loan Interviewers and Clerks Salary Distribution in East Arkansas nonmetropolitan area

The earning potential for Loan Interviewers and Clerkss in East Arkansas nonmetropolitan area 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 $31,490, while highly experienced professionals can command wages upwards of $51,490.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,490$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,455$15.1
ManagerOversees team, compliance, and project delivery.50% (Median)$40,410$19.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,425$25.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$51,490$24.8

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$41,940

Gross Pay

Real Wage (Purchasing Power)

$41,940

Adjusted for COL (100)

In East Arkansas nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $41,940 to $41,940.

Job Market Context

110

Total Jobs

1.652

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, East Arkansas nonmetropolitan area has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.

110 people work as Loan Interviewers and Clerks in East Arkansas nonmetropolitan area.

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

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near East Arkansas nonmetropolitan area

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in East Arkansas nonmetropolitan area?

The median annual salary for a Loan Interviewers and Clerks in East Arkansas nonmetropolitan area is $41,940. This typically ranges from $31,490 for entry-level positions to $51,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Arkansas nonmetropolitan area is 17.8% lower than the national median of $51,050.

Is East Arkansas nonmetropolitan area a good place for Loan Interviewers and Clerkss?

Yes, East Arkansas nonmetropolitan area is highly recommended due to strong job demand. While salaries are competitive ($41,940), the area is particularly notable for its high job density for Loan Interviewers and Clerkss. See distinct detailed breakdown below.

Is East Arkansas nonmetropolitan area a good place to live for Loan Interviewers and Clerks?

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

Where are the highest paying cities near East Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($44,460) and Hot Springs, AR.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the East Arkansas nonmetropolitan area area with a job density of 1.652 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.