Average Loan Interviewers and Clerks Salary in Midland, MI
The average salary for a Loan Interviewers and Clerks in Midland, MI is $46,200. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $46,200 per year.
- Growth Trend: Salaries have shifted 3.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,180.
- Outlook: The current demand for Loan Interviewers and Clerkss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Midland, MI economy.
Salary Overview
The average Loan Interviewers and Clerks in Midland, MI earns-9.5%below the national average.
$22.2
$888
$3,850
Loan Interviewers and Clerks Salary Trends (2020-2024)
Over the past 3 years, Loan Interviewers and Clerks salaries in Midland, MI have remained stable with a modest increase of 3.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Interviewers and Clerks Salary Distribution in Midland, MI
The earning potential for Loan Interviewers and Clerkss in Midland, MI 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 $31,200, while highly experienced professionals can command wages upwards of $54,180.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,200 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,650 | $16.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,210 | $22.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,750 | $27.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,180 | $26 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$46,200
Gross Pay
Real Wage (Purchasing Power)
$46,200
Adjusted for COL (100)
In Midland, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $46,200 to $46,200.
Job Market Context
40
Total Jobs
1.173
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Midland, MI has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.
40 people work as Loan Interviewers and Clerks in Midland, MI.
1.173 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. |
|---|---|---|
| Saginaw, MI Loan Interviewers and Clerks Salary | $45,700↓ 1% | 20 mi |
| Mid Michigan nonmetropolitan area Loan Interviewers and Clerks Salary | $44,590↓ 3% | 26 mi |
| Southern Michigan nonmetropolitan area Loan Interviewers and Clerks Salary | $47,870↑ 4% | 26 mi |
| Northern Michigan nonmetropolitan area Loan Interviewers and Clerks Salary | $48,250↑ 4% | 26 mi |
Comparing salaries near Midland, MI
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Midland, MI?
The median annual salary for a Loan Interviewers and Clerks in Midland, MI is $46,200. This typically ranges from $31,200 for entry-level positions to $54,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Midland, MI is 9.5% lower than the national median of $51,050.
Is Midland, MI a good place for Loan Interviewers and Clerkss?
It depends on your priorities. While the average Loan Interviewers and Clerks salary in Midland, MI is $46,200 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Midland, MI. See distinct detailed breakdown below.
Is Midland, MI a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Midland, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Midland, MI?
Some top paying nearby cities include Saginaw, MI ($45,700) and Mid Michigan 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 40 employees in the Midland, MI area with a job density of 1.173 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 Midland, MI