Average Loan Interviewers and Clerks Salary in Killeen-Temple, TX
In Killeen-Temple, TX, Loan Interviewers and Clerks earn an average annual salary of $44,320. This figure is notably below the national average of $51,050, suggesting that local market dynamics and potentially a different economic landscape influence compensation in this Texas region. Factors such as the specific demand from local financial institutions and the overall economic health of the Killeen-Temple area play a crucial role in shaping these salary levels.
Executive Summary
- Average Salary: $44,320 per year.
- Growth Trend: Salaries have shifted 21.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,530.
- Outlook: The Killeen-Temple, TX market for Loan Interviewers and Clerks shows a moderate level of concentration, with a Location Quotient of 1.23, indicating a slightly higher presence of these roles compared to the national average. With a total local workforce of 210 individuals in this specific occupation, the demand appears stable but not overwhelmingly robust. The presence of 1.382 jobs per 1,000 workers suggests a consistent, albeit not rapidly expanding, need for these professionals within the local economy.
Salary Overview
The average Loan Interviewers and Clerks in Killeen-Temple, TX earns-13.2%below the national average.
$21.3
$852
$3,693
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for Killeen-Temple's Loan Interviewer and Clerk salaries over the past four years is not provided, it is reasonable to assume a general upward trend in compensation, mirroring national economic patterns. Salary growth in this sector is typically influenced by inflation, evolving industry standards, and the increasing complexity of financial services. Therefore, professionals in this role likely have experienced incremental salary increases over the last four years, reflecting broader economic adjustments and a sustained demand for skilled financial support staff.
Loan Interviewers and Clerks Salary Distribution in Killeen-Temple, TX
Career progression for Loan Interviewers and Clerks in Killeen-Temple, TX, typically involves a clear salary scaling from entry-level to senior positions. While specific percentile data is absent, the gap between the average salary and what senior-level professionals might earn can be substantial, often ranging from 20-40% higher for those with extensive experience and specialized skills. This difference highlights the value placed on expertise, client management capabilities, and a deeper understanding of lending processes, signifying tangible career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,590 | $14.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,240 | $16 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,510 | $21.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,400 | $26.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,530 | $29.6 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$44,320
Gross Pay
Real Wage (Purchasing Power)
$44,320
Adjusted for COL (100)
The nominal average annual salary of $44,320 in Killeen-Temple, TX, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country. While the salary is below the national average, the cost of living being at par suggests that the real value of the income is maintained, making it neither exceptionally high nor low in its local context.
Job Market Context
210
Total Jobs
1.382
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Killeen-Temple, TX has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.
With a Location Quotient of 1.23, the Killeen-Temple, TX market exhibits a slightly higher concentration of Loan Interviewers and Clerks than the national average. This suggests that the job market for these roles is relatively stable and perhaps a bit more competitive or specialized within the region. While not an indicator of rapid growth, it points to a consistent demand that supports a slightly larger workforce proportion compared to other areas, implying steady employment opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
Comparing salaries near Killeen-Temple, TX
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Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Killeen-Temple, TX?
The median annual salary for a Loan Interviewers and Clerks in Killeen-Temple, TX is $44,320. This typically ranges from $30,590 for entry-level positions to $61,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Killeen-Temple, TX is 13.2% lower than the national median of $51,050.
Is Killeen-Temple, TX a lucrative place for Loan Interviewers and Clerks?
No, not exceptionally lucrative compared to the national average.The average salary of $44,320 is below the national average of $51,050, although the cost of living is at the national average, meaning purchasing power is comparable.
Is Killeen-Temple, TX a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Killeen-Temple, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Killeen-Temple, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($45,810) and Northwestern Region of Texas nonmetropolitan area.
How does the Killeen-Temple salary compare to the national average?
The average salary for Loan Interviewers and Clerks in Killeen-Temple, TX is $44,320, which is lower than the national average of $51,050.
What is the Cost of Living in Killeen-Temple, TX?
The Cost of Living Index in Killeen-Temple, TX is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the United States.
Is there high demand for Loan Interviewers and Clerks in Killeen-Temple, TX?
The Location Quotient of 1.23 suggests a slightly higher concentration of these roles than the national average, indicating a stable but not exceptionally high demand.
What does the Location Quotient of 1.23 mean for this job market?
A Location Quotient of 1.23 signifies that Killeen-Temple, TX has 23% more Loan Interviewers and Clerks per worker than the national average, suggesting a moderately specialized local market.
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 Killeen-Temple, TX area with a job density of 1.382 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 Killeen-Temple, TX