SalaryNode

Average Loan Interviewers and Clerks Salary in Kansas nonmetropolitan area

In Kansas's nonmetropolitan areas, Loan Interviewers and Clerks earn an average annual salary of $43,120. This figure is notably below the national average of $51,050, reflecting the economic dynamics and potentially lower demand for these specific roles outside of major urban centers. The compensation is influenced by regional economic factors and the overall cost of labor within these communities.

Executive Summary

  • Average Salary: $43,120 per year.
  • Growth Trend: Salaries have shifted 7.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,640.
  • Outlook: The job market for Loan Interviewers and Clerks in Kansas's nonmetropolitan areas appears moderately concentrated, with a total local workforce of 620 individuals. The Location Quotient of 1.47 suggests a higher-than-average presence of these roles compared to the national landscape, indicating a stable, albeit not rapidly expanding, demand within these specific regions. The number of jobs per 1,000 workers (1.648) further solidifies this outlook, pointing to a consistent need for these positions.
2024 Market Data

Salary Overview

$43,120

The average Loan Interviewers and Clerks in Kansas nonmetropolitan area earns-15.5%below the national average.

BreakdownBased on 40h/week
Hourly

$20.7

Weekly

$829

Monthly

$3,593

Loan Interviewers and Clerks Salary Distribution in Kansas nonmetropolitan area

Salary progression for Loan Interviewers and Clerks typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive knowledge of financial products and customer service can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, with senior roles reflecting greater responsibility and expertise, leading to increased compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,410$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,340$15.5
ManagerOversees team, compliance, and project delivery.50% (Median)$42,430$20.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,900$25.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,640$27.2

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$43,120

Gross Pay

Real Wage (Purchasing Power)

$43,120

Adjusted for COL (100)

The nominal average annual salary of $43,120 in Kansas's nonmetropolitan areas 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 this region is equivalent to the national average, suggesting that while the take-home pay is lower than the national average, the cost of essential goods and services remains comparable.

Job Market Context

620

Total Jobs

1.648

Per 1K Jobs

1.47

Location Quotient

Above Average

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

With a Location Quotient of 1.47, Kansas's nonmetropolitan areas exhibit a concentration of Loan Interviewer and Clerk positions that is 47% higher than the national average. This indicates a relatively robust market for these roles within these specific locales, suggesting that employers in these regions have a greater need for this specialized workforce compared to the nation as a whole, potentially leading to more job opportunities.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Kansas nonmetropolitan area

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

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

The median annual salary for a Loan Interviewers and Clerks in Kansas nonmetropolitan area is $43,120. This typically ranges from $31,410 for entry-level positions to $56,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kansas nonmetropolitan area is 15.5% lower than the national median of $51,050.

Is Kansas nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?

No, it is not exceptionally lucrative compared to the national average.While the cost of living is on par with the national average, the average salary of $43,120 is significantly lower than the national average of $51,050. The higher concentration of jobs suggests demand, but not necessarily higher pay.

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

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

Where are the highest paying cities near Kansas nonmetropolitan area?

Some top paying nearby cities include Manhattan, KS ($50,210) and Topeka, KS.

How does the salary compare to the national average?

The average annual salary for Loan Interviewers and Clerks in Kansas nonmetropolitan areas is $43,120, which is $7,930 less than the national average of $51,050.

What is the significance of the Location Quotient?

A Location Quotient of 1.47 means that Loan Interviewers and Clerks are 47% more concentrated in Kansas's nonmetropolitan areas than in the U.S. overall, indicating a higher relative demand for these professionals in the region.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the local cost of living is exactly average nationally. This means the $43,120 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.

What is the total number of Loan Interviewers and Clerks in this region?

There are approximately 620 Loan Interviewers and Clerks employed in Kansas's nonmetropolitan areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Kansas nonmetropolitan area area with a job density of 1.648 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.