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Average Loan Interviewers and Clerks Salary in Fresno, CA

In Fresno, CA, Loan Interviewers and Clerks earn an average annual salary of $51,160. This figure is remarkably aligned with the national average of $51,050, indicating a stable compensation landscape in this sector. Local economic factors and the specific demand within the Fresno financial services industry play a key role in shaping this pay rate.

Executive Summary

  • Average Salary: $51,160 per year.
  • Growth Trend: Salaries have shifted 8.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $67,510.
  • Outlook: The local job market for Loan Interviewers and Clerks in Fresno, CA, shows a modest concentration, with a Location Quotient of 0.43, suggesting it is less concentrated than the national average. The total local workforce of 230 individuals, coupled with 0.488 jobs per 1,000 workers, points to a stable but not rapidly expanding demand for these roles within the region.
2024 Market Data

Salary Overview

$51,160

The average Loan Interviewers and Clerks in Fresno, CA earns+0.2%above the national average.

BreakdownBased on 40h/week
Hourly

$24.6

Weekly

$984

Monthly

$4,263

Loan Interviewers and Clerks Salary Distribution in Fresno, CA

Career progression for Loan Interviewers and Clerks typically involves moving from entry-level positions to more senior roles, which naturally commands higher compensation. While specific percentile data is unavailable, the expected salary range widens significantly with experience, with senior professionals potentially earning substantially more than the average, reflecting increased responsibilities and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,130$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,370$18.4
ManagerOversees team, compliance, and project delivery.50% (Median)$48,190$23.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,950$30.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$67,510$32.5

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$51,160

Gross Pay

Real Wage (Purchasing Power)

$51,160

Adjusted for COL (100)

The nominal average salary of $51,160 in Fresno, CA, 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 Fresno is equivalent to that of their national counterparts, offering a balanced financial standing relative to everyday expenses.

Job Market Context

230

Total Jobs

0.488

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, Fresno, CA has a notably lower concentration of Loan Interviewers and Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.43, the market for Loan Interviewers and Clerks in Fresno, CA, is less concentrated than the national average. This suggests that while there is a presence of these roles, the job market may not be saturated, potentially offering opportunities for skilled professionals, though the overall demand is moderate.

Nearby Job Markets

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Fresno, CA?

The median annual salary for a Loan Interviewers and Clerks in Fresno, CA is $51,160. This typically ranges from $37,130 for entry-level positions to $67,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fresno, CA is 0.2% higher than the national median of $51,050.

Is Fresno, CA a lucrative place for Loan Interviewers and Clerks?

No, not significantly more lucrative than the national average.The average salary of $51,160 is nearly identical to the national average, and the cost of living is also at the national average. This indicates comparable earning potential and purchasing power.

Is Fresno, CA a good place to live for Loan Interviewers and Clerks?

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

Where are the highest paying cities near Fresno, CA?

Some top paying nearby cities include Visalia, CA ($54,380) and North Coast Region of California nonmetropolitan area.

How does the Fresno job market compare nationally for Loan Interviewers and Clerks?

The job market in Fresno is less concentrated than the national average, indicated by a Location Quotient of 0.43. This suggests fewer job opportunities relative to the national landscape.

What is the average salary for a Loan Interviewer and Clerk in Fresno, CA?

The average annual salary for a Loan Interviewer and Clerk in Fresno, CA, is $51,160.

How does the cost of living in Fresno affect salary expectations?

The cost of living in Fresno is exactly at the national average (100). Therefore, the average salary of $51,160 provides purchasing power equivalent to the national average.

What does the Location Quotient of 0.43 signify?

A Location Quotient of 0.43 means that Loan Interviewers and Clerks are less concentrated in Fresno compared to the national average. This implies a smaller proportion of the local workforce is employed in this occupation.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Fresno, CA area with a job density of 0.488 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.