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Average Loan Interviewers and Clerks Salary in Hill Country Region of Texas nonmetropolitan area

In the scenic Hill Country Region of Texas, Loan Interviewers and Clerks earn an average annual salary of $47,100. This figure is approximately 7.7% below the national average of $51,050. The localized pay reflects the unique economic dynamics and demand specific to this nonmetropolitan area, which differs from broader national trends.

Executive Summary

  • Average Salary: $47,100 per year.
  • Growth Trend: Salaries have shifted 29.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,090.
  • Outlook: The Hill Country Region supports a dedicated workforce of 360 Loan Interviewers and Clerks. With a Location Quotient of 1.64, this area demonstrates a significantly higher concentration of these roles compared to the national average, suggesting a robust and established demand for these financial services professionals within the local economy.
2024 Market Data

Salary Overview

$47,100

The average Loan Interviewers and Clerks in Hill Country Region of Texas nonmetropolitan area earns-7.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.6

Weekly

$906

Monthly

$3,925

Loan Interviewers and Clerks Salary Distribution in Hill Country Region of Texas nonmetropolitan area

Career progression for Loan Interviewers and Clerks in the Hill Country Region typically sees a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive knowledge and client management skills can command salaries in the upper percentiles, reflecting their value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,750$16.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,325$17
ManagerOversees team, compliance, and project delivery.50% (Median)$46,020$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,875$28.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,090$29.4

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$47,100

Gross Pay

Real Wage (Purchasing Power)

$47,100

Adjusted for COL (100)

The average annual salary of $47,100 in the Hill Country Region aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Loan Interviewer and Clerk's salary in this region is equivalent to the national average, offering stable financial stability without the premium often associated with higher cost-of-living areas.

Job Market Context

360

Total Jobs

1.84

Per 1K Jobs

1.64

Location Quotient

Major Hub

Hill Country Region of Texas nonmetropolitan area has 1.6x 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 1.64 indicates that Loan Interviewers and Clerks are more concentrated in the Hill Country Region of Texas than the national average. This suggests a specialized market where these professionals are in higher demand relative to the general workforce, potentially leading to more opportunities and a competitive environment for skilled individuals.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Hill Country Region of Texas nonmetropolitan area

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Hill Country Region of Texas nonmetropolitan area?

The median annual salary for a Loan Interviewers and Clerks in Hill Country Region of Texas nonmetropolitan area is $47,100. This typically ranges from $33,750 for entry-level positions to $61,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hill Country Region of Texas nonmetropolitan area is 7.7% lower than the national median of $51,050.

Is Hill Country Region of Texas nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?

Yes, it offers comparable financial stability.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power equivalent. The high concentration of these roles indicates strong local demand.

Is Hill Country Region of Texas nonmetropolitan area a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Hill Country Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hill Country Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($44,320) and Waco, TX.

How does the local workforce size affect job prospects?

A local workforce of 360 indicates a moderately sized, specialized job market. While not as large as metropolitan areas, the concentration suggests stable opportunities for those seeking roles in this sector.

What does a Location Quotient of 1.64 mean for job seekers?

A Location Quotient above 1.0 signifies a higher concentration of this profession locally compared to the national average. For job seekers, this implies a potentially stronger job market and more specialized opportunities within the Hill Country Region.

How does the cost of living impact the $47,100 salary?

With a Cost of Living Index of 100, the $47,100 salary has the same purchasing power as the national average salary. This means the salary is adequate for the local economic conditions, offering good value.

Are there many job openings for Loan Interviewers and Clerks in this region?

The jobs per 1,000 workers metric of 1.84, combined with a high Location Quotient, suggests a healthy demand for these roles relative to the overall employment landscape in the Hill Country Region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Hill Country Region of Texas nonmetropolitan area area with a job density of 1.84 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.