Average Loan Interviewers and Clerks Salary in North Region of Texas nonmetropolitan area
In the North Region of Texas's nonmetropolitan areas, Loan Interviewers and Clerks earn an average annual salary of $45,810. This figure is notably below the national average of $51,050, reflecting the economic dynamics and potentially lower demand for these specialized roles in less urbanized settings. Localized economic factors and industry concentration significantly influence compensation levels.
Executive Summary
- Average Salary: $45,810 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,180.
- Outlook: The job market for Loan Interviewers and Clerks in the North Region of Texas nonmetropolitan area appears moderately robust, with a total local workforce of 540 individuals in this role. The Location Quotient of 1.75 indicates a higher concentration of these jobs compared to the national average, suggesting a specialized demand within this region that supports the existing workforce.
Salary Overview
The average Loan Interviewers and Clerks in North Region of Texas nonmetropolitan area earns-10.3%below the national average.
$22
$881
$3,818
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan region is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery and evolving financial service needs likely contributed to incremental increases in compensation for Loan Interviewers and Clerks, though regional variations may temper the pace of this growth.
Loan Interviewers and Clerks Salary Distribution in North Region of Texas nonmetropolitan area
Career progression for Loan Interviewers and Clerks typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, the typical salary distribution suggests that experienced professionals can command higher earnings, with significant gaps between entry-level and senior-level pay reflecting accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,850 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,358 | $16.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,250 | $22.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,263 | $27.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,180 | $28.5 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$45,810
Gross Pay
Real Wage (Purchasing Power)
$45,810
Adjusted for COL (100)
The nominal average annual salary of $45,810 in the North Region of Texas nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is comparable to the national average, as everyday expenses are neither significantly higher nor lower.
Job Market Context
540
Total Jobs
1.967
Per 1K Jobs
1.75
Location Quotient
North Region of Texas nonmetropolitan area has 1.8x 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 1.75, the North Region of Texas nonmetropolitan area exhibits a significantly higher concentration of Loan Interviewers and Clerks jobs than the national average. This suggests a specialized market where these roles are more prevalent relative to the overall employment landscape, potentially indicating a niche demand or a clustering of financial institutions within this nonmetropolitan zone.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Loan Interviewers and Clerks Salary | $44,320↓ 3% | 10 mi |
| Waco, TX Loan Interviewers and Clerks Salary | $47,940↑ 5% | 41 mi |
| Austin-Round Rock-San Marcos, TX Loan Interviewers and Clerks Salary | $53,170↑ 16% | 53 mi |
| College Station-Bryan, TX Loan Interviewers and Clerks Salary | $47,610↑ 4% | 82 mi |
Comparing salaries near North Region of Texas nonmetropolitan area
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Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in North Region of Texas nonmetropolitan area?
The median annual salary for a Loan Interviewers and Clerks in North Region of Texas nonmetropolitan area is $45,810. This typically ranges from $36,850 for entry-level positions to $59,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Region of Texas nonmetropolitan area is 10.3% lower than the national median of $51,050.
Is North Region of Texas nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?
No, but the cost of living is average.The average salary of $45,810 is below the national average, indicating it's not the most lucrative. However, the Cost of Living Index being at 100 means your earnings will have average purchasing power locally.
Is North Region of Texas nonmetropolitan area a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($44,320) and Waco, TX.
How does the local workforce size affect job prospects?
A local workforce of 540 suggests a moderate-sized pool of professionals in this role, indicating established opportunities but also potential competition for advancement.
What does a Location Quotient of 1.75 mean for job seekers?
A Location Quotient above 1.0, like 1.75, signifies that this region has a higher concentration of Loan Interviewer and Clerk jobs relative to the national average, suggesting specialized demand.
How does the salary compare to the national average?
The average salary of $45,810 is approximately 10.3% lower than the national average of $51,050 for Loan Interviewers and Clerks.
Is the cost of living high in this region?
No, the Cost of Living Index is 100, which is the national average, meaning expenses for housing, goods, and services are typical.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the North Region of Texas nonmetropolitan area area with a job density of 1.967 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 North Region of Texas nonmetropolitan area