Average Loan Interviewers and Clerks Salary in Northeast Oklahoma nonmetropolitan area
In the Northeast Oklahoma nonmetropolitan area, Loan Interviewers and Clerks earn an average annual salary of $40,650. This figure is notably below the national average of $51,050, reflecting regional economic factors and a potentially lower demand for specialized financial roles compared to larger metropolitan hubs. The specific economic landscape of this nonmetropolitan region directly influences compensation levels for these positions.
Executive Summary
- Average Salary: $40,650 per year.
- Growth Trend: Salaries have shifted 27.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,420.
- Outlook: The job market for Loan Interviewers and Clerks in the Northeast Oklahoma nonmetropolitan area, while modest in size with a total workforce of 270, shows a significant concentration. The Location Quotient of 2.06 indicates that this role is more than twice as prevalent here than the national average, suggesting a stable, albeit niche, demand within the local economy. This concentration points to a robust local presence for these positions, even with a smaller overall workforce.
Salary Overview
The average Loan Interviewers and Clerks in Northeast Oklahoma nonmetropolitan area earns-20.4%below the national average.
$19.6
$782
$3,388
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Loan Interviewers and Clerks have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving financial service demands typically drive incremental increases in compensation, even in less urbanized regions. This suggests a positive, albeit potentially modest, trajectory for earnings in this field.
Loan Interviewers and Clerks Salary Distribution in Northeast Oklahoma nonmetropolitan area
Career progression for Loan Interviewers and Clerks typically involves moving from entry-level roles to more senior positions, which is reflected in salary increases. While specific percentile data isn't available, the gap between starting salaries and those earned by seasoned professionals signifies substantial earning potential. Experience, demonstrated proficiency, and increased responsibility are key drivers for salary advancement within this career path.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,760 | $13.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,488 | $14.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,210 | $18.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,813 | $24.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $56,420 | $27.1 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$40,650
Gross Pay
Real Wage (Purchasing Power)
$40,650
Adjusted for COL (100)
The nominal average salary of $40,650 in the Northeast Oklahoma nonmetropolitan area aligns perfectly 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 equivalent to the national average, making the effective financial standing comparable to the national median.
Job Market Context
270
Total Jobs
2.313
Per 1K Jobs
2.06
Location Quotient
Northeast Oklahoma nonmetropolitan area has 2.1x 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 2.06, the market for Loan Interviewers and Clerks in the Northeast Oklahoma nonmetropolitan area is significantly more concentrated than the national average. This suggests that while the absolute number of jobs might be smaller, the relative abundance of these roles compared to the general workforce is high. This indicates a competitive environment where local employers rely heavily on this talent pool.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Loan Interviewers and Clerks Salary | $46,860↑ 15% | 34 mi |
| Tulsa, OK Loan Interviewers and Clerks Salary | $48,910↑ 20% | 69 mi |
| Enid, OK Loan Interviewers and Clerks Salary | $45,430↑ 12% | 78 mi |
Comparing salaries near Northeast Oklahoma nonmetropolitan area
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Northeast Oklahoma nonmetropolitan area?
The median annual salary for a Loan Interviewers and Clerks in Northeast Oklahoma nonmetropolitan area is $40,650. This typically ranges from $27,760 for entry-level positions to $56,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Oklahoma nonmetropolitan area is 20.4% lower than the national median of $51,050.
Is Northeast Oklahoma nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?
No, not compared to the national average.The average salary of $40,650 is substantially lower than the national average of $51,050. However, the cost of living is also at the national average, meaning the purchasing power of the salary is equivalent.
Is Northeast Oklahoma nonmetropolitan area a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Northeast Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Oklahoma nonmetropolitan area?
Some top paying nearby cities include Oklahoma City, OK ($46,860) and Tulsa, OK.
How does the concentration of Loan Interviewers and Clerks compare nationally?
The Location Quotient of 2.06 indicates that this role is more than twice as common in the Northeast Oklahoma nonmetropolitan area compared to the national average, suggesting a higher relative demand locally.
What is the total number of Loan Interviewers and Clerks in this region?
There are approximately 270 Loan Interviewers and Clerks employed in the Northeast Oklahoma nonmetropolitan area.
Does experience impact salary for Loan Interviewers and Clerks in this area?
Yes, as with most professions, experience is expected to increase salary potential, with senior roles commanding higher compensation than entry-level positions.
How does the cost of living affect the salary in Northeast Oklahoma?
The cost of living is at the national average (100), meaning the $40,650 salary has the same purchasing power as a higher nominal salary in a more expensive region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Northeast Oklahoma nonmetropolitan area area with a job density of 2.313 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 Northeast Oklahoma nonmetropolitan area