Average Loan Interviewers and Clerks Salary in Lower East Mississippi nonmetropolitan area
In the Lower East Mississippi nonmetropolitan area, Loan Interviewers and Clerks earn an average annual salary of $40,140. This figure is notably below the national average of $51,050, reflecting regional economic factors and potentially a different demand structure for these roles. The specific economic landscape and industry concentration within this nonmetropolitan region significantly influence compensation levels.
Executive Summary
- Average Salary: $40,140 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,610.
- Outlook: The job market for Loan Interviewers and Clerks in the Lower East Mississippi nonmetropolitan area appears to be moderately concentrated, with a total local workforce of 240 individuals in this role. The Location Quotient of 1.7 indicates a higher-than-average presence of these positions relative to the national distribution, suggesting a stable, albeit not rapidly expanding, demand within the local economy.
Salary Overview
The average Loan Interviewers and Clerks in Lower East Mississippi nonmetropolitan area earns-21.4%below the national average.
$19.3
$772
$3,345
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Loan Interviewers and Clerks in the Lower East Mississippi nonmetropolitan area have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This growth would likely be influenced by shifts in the financial sector and local employment demands, aiming to keep pace with the cost of living and national wage benchmarks.
Loan Interviewers and Clerks Salary Distribution in Lower East Mississippi nonmetropolitan area
Career progression for Loan Interviewers and Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive knowledge of lending regulations and customer service skills can command higher salaries, potentially reaching into the upper percentiles. The salary gap between junior and senior roles signifies valuable career development and increased responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,220 | $13.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,105 | $14.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,090 | $17.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,175 | $24.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,610 | $26.3 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$40,140
Gross Pay
Real Wage (Purchasing Power)
$40,140
Adjusted for COL (100)
The nominal average salary of $40,140 in the Lower East Mississippi nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the absolute salary is lower than the national average, the purchasing power of this income is comparable to the national standard, making the effective financial standing of these roles relatively balanced with the rest of the country.
Job Market Context
240
Total Jobs
1.914
Per 1K Jobs
1.7
Location Quotient
Lower East Mississippi nonmetropolitan area has 1.7x 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.
With a Location Quotient of 1.7, the Lower East Mississippi nonmetropolitan area exhibits a concentration of Loan Interviewer and Clerk positions that is 70% higher than the national average. This suggests that the job market here is relatively robust for this specific occupation, potentially offering more opportunities or a specialized local demand compared to other regions, even if the overall salary is lower.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Loan Interviewers and Clerks Salary | $42,420↑ 6% | 43 mi |
Comparing salaries near Lower East Mississippi nonmetropolitan area
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Lower East Mississippi nonmetropolitan area?
The median annual salary for a Loan Interviewers and Clerks in Lower East Mississippi nonmetropolitan area is $40,140. This typically ranges from $27,220 for entry-level positions to $54,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lower East Mississippi nonmetropolitan area is 21.4% lower than the national median of $51,050.
Is Lower East Mississippi nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?
No, not in terms of absolute salary.While the cost of living is average, the average salary of $40,140 is significantly lower than the national average of $51,050, indicating less lucrative compensation.
Is Lower East Mississippi nonmetropolitan area a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Lower East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lower East Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($42,420) and others.
How does the local salary compare to the national average?
The average annual salary for Loan Interviewers and Clerks in the Lower East Mississippi nonmetropolitan area is $40,140, which is substantially lower than the national average of $51,050.
What is the concentration of Loan Interviewers and Clerks in this area?
The concentration, measured by the Location Quotient, is 1.7, meaning there are 70% more Loan Interviewers and Clerks in this area relative to the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means that the $40,140 salary has a purchasing power equivalent to the national average, despite being lower in nominal terms.
What does the job market size indicate?
With 240 individuals in the local workforce for this role, the market is of a moderate size, and the high Location Quotient suggests a specialized local demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Lower East Mississippi nonmetropolitan area area with a job density of 1.914 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 Lower East Mississippi nonmetropolitan area
- All Occupations Salary in Lower East Mississippi nonmetropolitan area
- Office and Administrative Support Occupations Salary in Lower East Mississippi nonmetropolitan area
- Production Occupations Salary in Lower East Mississippi nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Lower East Mississippi nonmetropolitan area
- Sales and Related Occupations Salary in Lower East Mississippi nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Lower East Mississippi nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Lower East Mississippi nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Lower East Mississippi nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Lower East Mississippi nonmetropolitan area
- Construction and Extraction Occupations Salary in Lower East Mississippi nonmetropolitan area
- Browse All Jobs in Lower East Mississippi nonmetropolitan area →
Semantic Salary Analysis for Loan Interviewers and Clerks • Data source: BLS OEWS 2024 •Jobs in Lower East Mississippi nonmetropolitan area