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Average Loan Interviewers and Clerks Salary in Northeastern Wisconsin nonmetropolitan area

In the Northeastern Wisconsin nonmetropolitan area, Loan Interviewers and Clerks earn an average annual salary of $45,680. This figure is notably below the national average of $51,050, reflecting regional economic factors and a potentially lower demand for specialized financial roles in non-urban settings. The specific economic landscape and industry concentration within this region directly influence compensation levels for these positions.

Executive Summary

  • Average Salary: $45,680 per year.
  • Growth Trend: Salaries have shifted 18.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,400.
  • Outlook: The job market for Loan Interviewers and Clerks in Northeastern Wisconsin's nonmetropolitan area appears moderately concentrated, with a total local workforce of 410 individuals in this role. The Location Quotient of 1.84 suggests a higher prevalence of these jobs compared to the national average, indicating a specialized demand within the region's financial sector, even with a modest overall workforce size.
2024 Market Data

Salary Overview

$45,680

The average Loan Interviewers and Clerks in Northeastern Wisconsin nonmetropolitan area earns-10.5%below the national average.

BreakdownBased on 40h/week
Hourly

$22

Weekly

$878

Monthly

$3,807

Loan Interviewers and Clerks Salary Distribution in Northeastern Wisconsin 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 percentiles of the salary range, while seasoned professionals with extensive knowledge of lending procedures and customer service can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,350$17
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,260$16.5
ManagerOversees team, compliance, and project delivery.50% (Median)$46,030$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,100$27.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,400$28.1

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$45,680

Gross Pay

Real Wage (Purchasing Power)

$45,680

Adjusted for COL (100)

The average annual salary of $45,680 in Northeastern Wisconsin's nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the nominal income earned by Loan Interviewers and Clerks holds its purchasing power equivalent to the national average, suggesting that while the salary is lower than the national average, the cost of living does not disproportionately diminish its value.

Job Market Context

410

Total Jobs

2.071

Per 1K Jobs

1.84

Location Quotient

Major Hub

Northeastern Wisconsin 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 1.84, Northeastern Wisconsin's nonmetropolitan area exhibits a significantly higher concentration of Loan Interviewers and Clerks than the national average. This indicates a robust local demand for these professionals relative to the general workforce, suggesting that the job market here may be more specialized and potentially competitive for qualified candidates within this specific niche.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Northeastern Wisconsin nonmetropolitan area

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Northeastern Wisconsin nonmetropolitan area?

The median annual salary for a Loan Interviewers and Clerks in Northeastern Wisconsin nonmetropolitan area is $45,680. This typically ranges from $35,350 for entry-level positions to $58,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeastern Wisconsin nonmetropolitan area is 10.5% lower than the national median of $51,050.

Is Northeastern Wisconsin nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?

No, not exceptionally lucrative compared to national averages.While the salary of $45,680 is at the national average for cost of living, it falls below the national average salary for the role. The high location quotient indicates concentration, but not necessarily higher pay.

Is Northeastern Wisconsin nonmetropolitan area a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Northeastern Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeastern Wisconsin nonmetropolitan area?

Some top paying nearby cities include Wausau, WI ($46,820) and Oshkosh-Neenah, WI.

How does the local workforce size affect job prospects?

A local workforce of 410 suggests a moderate-sized pool of professionals in this field within the region, which could imply a balance between available positions and job seekers.

What does a Location Quotient of 1.84 mean for job seekers?

A Location Quotient above 1.0, especially 1.84, signifies that this region has a proportionally larger number of Loan Interviewers and Clerks compared to the national average, indicating a specialized industry presence.

How does the cost of living impact the $45,680 salary?

With a Cost of Living Index of 100, the $45,680 salary has the same purchasing power as the national average, meaning it is neither significantly enhanced nor diminished by local living expenses.

Are there many job openings for Loan Interviewers and Clerks in this area?

The data suggests a steady presence of these roles, with 2.071 jobs per 1,000 workers, indicating consistent, albeit not booming, employment opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Northeastern Wisconsin nonmetropolitan area area with a job density of 2.071 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.