SalaryNode

Average Loan Interviewers and Clerks Salary in Merced, CA

The average salary for a Loan Interviewers and Clerks in Merced, CA is $51,270. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $51,270 per year.
  • Growth Trend: Salaries have shifted 10.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,490.
  • 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 Merced, CA economy.
2024 Market Data

Salary Overview

$51,270

The average Loan Interviewers and Clerks in Merced, CA earns+0.4%above the national average.

BreakdownBased on 40h/week
Hourly

$24.7

Weekly

$986

Monthly

$4,273

Loan Interviewers and Clerks Salary Distribution in Merced, CA

The earning potential for Loan Interviewers and Clerkss in Merced, CA 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 $37,940, while highly experienced professionals can command wages upwards of $64,490.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,940$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,453$18.5
ManagerOversees team, compliance, and project delivery.50% (Median)$47,960$23.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,088$30.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,490$31

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$51,270

Gross Pay

Real Wage (Purchasing Power)

$51,270

Adjusted for COL (100)

In Merced, CA, the Cost of Living Index is 100. This increases your effective purchasing power from $51,270 to $51,270.

Job Market Context

60

Total Jobs

0.797

Per 1K Jobs

0.71

Location Quotient

Below Average

Merced, CA has 0.71x the national average concentration of Loan Interviewers and Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

60 people work as Loan Interviewers and Clerks in Merced, CA.

Only 0.797 out of every 1,000 local jobs are Loan Interviewers and Clerks roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Merced, CA

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Merced, CA?

The median annual salary for a Loan Interviewers and Clerks in Merced, CA is $51,270. This typically ranges from $37,940 for entry-level positions to $64,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Merced, CA is 0.4% higher than the national median of $51,050.

Is Merced, CA a good place for Loan Interviewers and Clerkss?

Yes, Merced, CA is financially attractive for Loan Interviewers and Clerkss. The average salary of $51,270 exceeds the national average. See distinct detailed breakdown below.

Is Merced, CA a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Merced, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Merced, CA?

Some top paying nearby cities include Modesto, CA ($54,090) and Fresno, CA.

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 Merced, CA area with a job density of 0.797 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.