Average Loan Interviewers and Clerks Salary in Hot Springs, AR
The average salary for Loan Interviewers and Clerkss in Hot Springs, AR is $44,070. While this is lower than the national average, the cost of living in Hot Springs, AR may offset the difference, preserving real purchasing power. Notably, Hot Springs, AR is a key hub for this profession, with a job concentration 1.49x higher than average.
Executive Summary
- Average Salary: $44,070 per year.
- Growth Trend: Salaries have shifted 2.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,290.
- Outlook: The current demand for Loan Interviewers and Clerkss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Hot Springs, AR economy.
Salary Overview
The average Loan Interviewers and Clerks in Hot Springs, AR earns-13.7%below the national average.
$21.2
$848
$3,673
Loan Interviewers and Clerks Salary Trends (2020-2024)
Over the past 4 years, Loan Interviewers and Clerks salaries in Hot Springs, AR have remained stable with a modest increase of 2.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Interviewers and Clerks Salary Distribution in Hot Springs, AR
The earning potential for Loan Interviewers and Clerkss in Hot Springs, AR 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 $33,870, while highly experienced professionals can command wages upwards of $60,290.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,870 | $16.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,053 | $15.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,400 | $21.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,088 | $26.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,290 | $29 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$44,070
Gross Pay
Real Wage (Purchasing Power)
$44,070
Adjusted for COL (100)
In Hot Springs, AR, the Cost of Living Index is 100. This increases your effective purchasing power from $44,070 to $44,070.
Job Market Context
60
Total Jobs
1.678
Per 1K Jobs
1.49
Location Quotient
With a location quotient of 1.49, Hot Springs, AR has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.
60 people work as Loan Interviewers and Clerks in Hot Springs, AR.
1.678 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
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Loan Interviewers and Clerks Salary | $44,460↑ 1% | 43 mi |
| South Arkansas nonmetropolitan area Loan Interviewers and Clerks Salary | $43,310↓ 2% | 51 mi |
| North Arkansas nonmetropolitan area Loan Interviewers and Clerks Salary | $43,270↓ 2% | 51 mi |
| West Arkansas nonmetropolitan area Loan Interviewers and Clerks Salary | $41,980↓ 5% | 51 mi |
| East Arkansas nonmetropolitan area Loan Interviewers and Clerks Salary | $41,940↓ 5% | 51 mi |
Comparing salaries near Hot Springs, AR
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Hot Springs, AR?
The median annual salary for a Loan Interviewers and Clerks in Hot Springs, AR is $44,070. This typically ranges from $33,870 for entry-level positions to $60,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 13.7% lower than the national median of $51,050.
Is Hot Springs, AR a good place for Loan Interviewers and Clerkss?
Yes, Hot Springs, AR is highly recommended due to strong job demand. While salaries are competitive ($44,070), the area is particularly notable for its high job density for Loan Interviewers and Clerkss. See distinct detailed breakdown below.
Is Hot Springs, AR a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Hot Springs, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hot Springs, AR?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($44,460) and South Arkansas nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Hot Springs, AR area with a job density of 1.678 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Loan Interviewers and Clerks Salaries by State
Top Jobs in Hot Springs, AR
- All Occupations Salary in Hot Springs, AR
- Food Preparation and Serving Related Occupations Salary in Hot Springs, AR
- Office and Administrative Support Occupations Salary in Hot Springs, AR
- Sales and Related Occupations Salary in Hot Springs, AR
- Healthcare Practitioners and Technical Occupations Salary in Hot Springs, AR
- Transportation and Material Moving Occupations Salary in Hot Springs, AR
- Management Occupations Salary in Hot Springs, AR
- Healthcare Support Occupations Salary in Hot Springs, AR
- Production Occupations Salary in Hot Springs, AR
- Installation, Maintenance, and Repair Occupations Salary in Hot Springs, AR
- Browse All Jobs in Hot Springs, AR →
Semantic Salary Analysis for Loan Interviewers and Clerks • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR