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Average Loan Interviewers and Clerks Salary in Pittsburgh, PA

In Pittsburgh, PA, Loan Interviewers and Clerks earn an average annual salary of $48,110. This figure is slightly below the national average of $51,050, indicating localized market dynamics at play. Factors such as the regional economic landscape and the specific demand for these roles within Pittsburgh contribute to this compensation level.

Executive Summary

  • Average Salary: $48,110 per year.
  • Growth Trend: Salaries have shifted 30.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,430.
  • Outlook: The Pittsburgh market for Loan Interviewers and Clerks shows a steady presence with a total local workforce of 920 individuals. A Location Quotient of 0.74 suggests that while the concentration of these roles is slightly below the national average, there is a consistent demand. The presence of 0.832 jobs per 1,000 workers signifies a stable, albeit not exceptionally high, level of employment opportunities within this sector in the region.
2024 Market Data

Salary Overview

$48,110

The average Loan Interviewers and Clerks in Pittsburgh, PA earns-5.8%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$925

Monthly

$4,009

Loan Interviewers and Clerks Salary Distribution in Pittsburgh, PA

Career progression for Loan Interviewers and Clerks in Pittsburgh, as elsewhere, typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the gap between starting salaries and those earned by seasoned professionals often represents a substantial jump, reflecting accumulated experience, enhanced skills, and increased responsibilities. This progression is a key driver for career advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,290$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,083$17.3
ManagerOversees team, compliance, and project delivery.50% (Median)$46,430$22.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,138$28.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,430$29.5

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$48,110

Gross Pay

Real Wage (Purchasing Power)

$48,110

Adjusted for COL (100)

The average annual salary of $48,110 in Pittsburgh aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Loan Interviewer or Clerk's salary in Pittsburgh is equivalent to the national standard. While the nominal salary is slightly lower than the national average, the cost of living parity ensures that the real value of the earnings remains consistent with the rest of the country.

Job Market Context

920

Total Jobs

0.832

Per 1K Jobs

0.74

Location Quotient

Below Average

Pittsburgh, PA has 0.74x 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.

With a Location Quotient of 0.74, Pittsburgh's market for Loan Interviewers and Clerks is less concentrated than the national average. This suggests that while the profession is present, it is not a dominant sector within the local economy compared to other regions. The job market is likely moderately competitive, with opportunities available but perhaps not as abundant as in areas with a higher concentration of financial services.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Pittsburgh, PA

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Pittsburgh, PA?

The median annual salary for a Loan Interviewers and Clerks in Pittsburgh, PA is $48,110. This typically ranges from $36,290 for entry-level positions to $61,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Pittsburgh, PA is 5.8% lower than the national median of $51,050.

Is Pittsburgh, PA a lucrative place for Loan Interviewers and Clerks?

No, not exceptionally lucrative compared to the national average.The average salary of $48,110 is below the national average of $51,050, though the cost of living is on par. This indicates that while earnings are standard for the cost of living, they do not offer a significant financial advantage over national benchmarks.

Is Pittsburgh, PA a good place to live for Loan Interviewers and Clerks?

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

Where are the highest paying cities near Pittsburgh, PA?

Some top paying nearby cities include Wheeling, WV-OH ($37,260) and Morgantown, WV.

How does Pittsburgh's cost of living affect salary expectations?

Pittsburgh's Cost of Living Index is exactly at the national average (100), meaning the $48,110 salary has the same purchasing power as the national average salary in a national average cost of living area.

What is the concentration of Loan Interviewers and Clerks in Pittsburgh?

The Location Quotient of 0.74 indicates that Pittsburgh has a lower concentration of these roles compared to the national average, suggesting it's not a primary hub for this profession.

How many Loan Interviewers and Clerks are there in Pittsburgh?

There are approximately 920 Loan Interviewers and Clerks employed in Pittsburgh, PA.

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

With 0.832 jobs per 1,000 workers, the availability of jobs is present but not exceptionally high, indicating a stable but not booming market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 920 employees in the Pittsburgh, PA area with a job density of 0.832 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.