Average Loan Interviewers and Clerks Salary in Hattiesburg, MS
In Hattiesburg, MS, Loan Interviewers and Clerks earn an average annual salary of $39,360. This figure is notably lower than the national average of $51,050, reflecting localized economic conditions and demand specific to the Hattiesburg market. Factors such as the regional cost of labor and the concentration of financial institutions play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $39,360 per year.
- Growth Trend: Salaries have shifted 8.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,780.
- Outlook: The Hattiesburg job market for Loan Interviewers and Clerks shows a distinct concentration, with a Location Quotient of 3.05, indicating a significantly higher presence of these roles compared to the national average. While the total local workforce of 210 is modest, this elevated quotient suggests a robust demand relative to the available labor pool, implying a stable job market for qualified individuals in this sector.
Salary Overview
The average Loan Interviewers and Clerks in Hattiesburg, MS earns-22.9%below the national average.
$18.9
$757
$3,280
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for Hattiesburg is not provided, it is reasonable to assume that salaries for Loan Interviewers and Clerks in the region have experienced gradual growth over the past four years, mirroring national trends of modest wage increases driven by inflation and evolving industry demands. This general upward trajectory is typical for roles within the financial services sector.
Loan Interviewers and Clerks Salary Distribution in Hattiesburg, MS
Career progression for Loan Interviewers and Clerks typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive knowledge of lending regulations and customer service skills can command higher salaries. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential as one moves from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,030 | $16.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,520 | $14.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,270 | $17.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,200 | $23.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $46,780 | $22.5 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$39,360
Gross Pay
Real Wage (Purchasing Power)
$39,360
Adjusted for COL (100)
With a Cost of Living Index of 100, Hattiesburg's cost of living is precisely at the national average. Therefore, the nominal salary of $39,360 in Hattiesburg translates directly to the national average purchasing power. This means that while the salary is below the national average, the cost of living does not exacerbate the difference, offering a stable financial standing relative to national benchmarks.
Job Market Context
210
Total Jobs
3.423
Per 1K Jobs
3.05
Location Quotient
Hattiesburg, MS has 3.0x 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.
The Location Quotient of 3.05 for Loan Interviewers and Clerks in Hattiesburg signifies a substantial concentration of these jobs relative to the national average. This indicates a market where these roles are more prevalent than in many other areas, suggesting a potentially competitive environment for job seekers due to higher demand or fewer available workers, or a specialized local industry focus.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Gulfport-Biloxi, MS Loan Interviewers and Clerks Salary | $43,120↑ 10% | 63 mi |
| Slidell-Mandeville-Covington, LA Loan Interviewers and Clerks Salary | $42,230↑ 7% | 76 mi |
| Mobile, AL Loan Interviewers and Clerks Salary | $41,530↑ 6% | 83 mi |
| Jackson, MS Loan Interviewers and Clerks Salary | $42,420↑ 8% | 87 mi |
Comparing salaries near Hattiesburg, MS
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Hattiesburg, MS?
The median annual salary for a Loan Interviewers and Clerks in Hattiesburg, MS is $39,360. This typically ranges from $35,030 for entry-level positions to $46,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hattiesburg, MS is 22.9% lower than the national median of $51,050.
Is Hattiesburg, MS a lucrative place for Loan Interviewers and Clerks?
No, not when compared to the national average.The average salary of $39,360 is significantly lower than the national average of $51,050. However, the cost of living is also at the national average, meaning the purchasing power of the local salary is equivalent to the national average.
Is Hattiesburg, MS a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Hattiesburg, MS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hattiesburg, MS?
Some top paying nearby cities include Gulfport-Biloxi, MS ($43,120) and Slidell-Mandeville-Covington, LA.
How does Hattiesburg's job market compare to the national average for Loan Interviewers and Clerks?
Hattiesburg has a significantly higher concentration of Loan Interviewers and Clerks, indicated by a Location Quotient of 3.05, suggesting a specialized or robust local demand for these roles compared to the national landscape.
What is the typical salary range for Loan Interviewers and Clerks in Hattiesburg?
While the average is $39,360, salaries can vary based on experience, employer, and specific responsibilities. Entry-level positions will likely be lower, while senior roles with more responsibility can command higher compensation.
Does the cost of living in Hattiesburg affect the value of the salary?
No, the cost of living in Hattiesburg is exactly at the national average (100). This means the $39,360 salary has the same purchasing power in Hattiesburg as the national average salary would have nationally.
Are there many job opportunities for Loan Interviewers and Clerks in Hattiesburg?
With a Location Quotient of 3.05, the presence of these jobs is more than three times the national average per capita, suggesting a relatively strong local market for these positions despite the total workforce size.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Hattiesburg, MS area with a job density of 3.423 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 Hattiesburg, MS