Average Loan Interviewers and Clerks Salary in Rockford, IL
The average salary for a Loan Interviewers and Clerks in Rockford, IL is $47,730. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $47,730 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,020.
- Outlook: The current demand for Loan Interviewers and Clerkss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Rockford, IL economy.
Salary Overview
The average Loan Interviewers and Clerks in Rockford, IL earns-6.5%below the national average.
$23
$918
$3,978
Loan Interviewers and Clerks Salary Trends (2020-2024)
Over the past 4 years, Loan Interviewers and Clerks salaries in Rockford, IL have shown healthy growth of 17.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Interviewers and Clerks Salary Distribution in Rockford, IL
The earning potential for Loan Interviewers and Clerkss in Rockford, IL 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 $37,500, while highly experienced professionals can command wages upwards of $59,020.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,500 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,798 | $17.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,720 | $22.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,663 | $28.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,020 | $28.4 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$47,730
Gross Pay
Real Wage (Purchasing Power)
$47,730
Adjusted for COL (100)
In Rockford, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $47,730 to $47,730.
Job Market Context
60
Total Jobs
0.44
Per 1K Jobs
0.39
Location Quotient
At 0.39x, Rockford, IL has a notably lower concentration of Loan Interviewers and Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.
60 people work as Loan Interviewers and Clerks in Rockford, IL.
Only 0.44 out of every 1,000 local jobs are Loan Interviewers and Clerks roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Loan Interviewers and Clerks Salary | $47,210↓ 1% | 30 mi |
| Madison, WI Loan Interviewers and Clerks Salary | $51,630↑ 8% | 59 mi |
| Kenosha, WI Loan Interviewers and Clerks Salary | $45,530↓ 5% | 65 mi |
| Racine-Mount Pleasant, WI Loan Interviewers and Clerks Salary | $48,480↑ 2% | 71 mi |
| Chicago-Naperville-Elgin, IL-IN Loan Interviewers and Clerks Salary | $55,550↑ 16% | 78 mi |
Comparing salaries near Rockford, IL
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Rockford, IL?
The median annual salary for a Loan Interviewers and Clerks in Rockford, IL is $47,730. This typically ranges from $37,500 for entry-level positions to $59,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rockford, IL is 6.5% lower than the national median of $51,050.
Is Rockford, IL a good place for Loan Interviewers and Clerkss?
It depends on your priorities. While the average Loan Interviewers and Clerks salary in Rockford, IL is $47,730 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Rockford, IL. See distinct detailed breakdown below.
Is Rockford, IL a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rockford, IL?
Some top paying nearby cities include Janesville-Beloit, WI ($47,210) and Madison, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Rockford, IL area with a job density of 0.44 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 Rockford, IL