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Average Loan Interviewers and Clerks Salary in Sacramento-Roseville-Folsom, CA

In the Sacramento-Roseville-Folsom, CA metropolitan area, Loan Interviewers and Clerks earn an average annual salary of $56,210. This figure notably surpasses the national average of $51,050, indicating a potentially stronger demand or higher operational costs influencing compensation within this specific region. The local economic landscape and industry demands play a crucial role in shaping these localized pay rates.

Executive Summary

  • Average Salary: $56,210 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,290.
  • Outlook: The Sacramento-Roseville-Folsom area supports a local workforce of 950 Loan Interviewers and Clerks. With a Location Quotient of 0.8, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The rate of 0.893 jobs per 1,000 workers further reinforces a consistent presence of these positions, pointing to a steady job market for qualified individuals.
2024 Market Data

Salary Overview

$56,210

The average Loan Interviewers and Clerks in Sacramento-Roseville-Folsom, CA earns+10.1%above the national average.

BreakdownBased on 40h/week
Hourly

$27

Weekly

$1,081

Monthly

$4,684

Loan Interviewers and Clerks Salary Distribution in Sacramento-Roseville-Folsom, CA

Career progression for Loan Interviewers and Clerks typically involves a salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range suggests that individuals with more experience and specialized skills can command higher compensation. The gap between entry-level and senior roles signifies opportunities for advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,530$19
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,158$20.3
ManagerOversees team, compliance, and project delivery.50% (Median)$54,170$26
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,263$33.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$73,290$35.2

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$56,210

Gross Pay

Real Wage (Purchasing Power)

$56,210

Adjusted for COL (100)

The average annual salary of $56,210 in Sacramento-Roseville-Folsom, CA, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Loan Interviewer or Clerk's salary in this region is comparable to the national average, offering a balanced financial standing relative to everyday expenses.

Job Market Context

950

Total Jobs

0.893

Per 1K Jobs

0.8

Location Quotient

Below Average

Sacramento-Roseville-Folsom, CA has 0.80x 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.

A Location Quotient of 0.8 for Loan Interviewers and Clerks in Sacramento-Roseville-Folsom, CA, indicates that this profession is slightly less concentrated than the national average. This suggests that while the roles are present and necessary, the market may not be oversaturated, potentially offering a moderate level of competition for job seekers and a stable environment for those already employed in the sector.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Sacramento-Roseville-Folsom, CA

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Sacramento-Roseville-Folsom, CA?

The median annual salary for a Loan Interviewers and Clerks in Sacramento-Roseville-Folsom, CA is $56,210. This typically ranges from $39,530 for entry-level positions to $73,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sacramento-Roseville-Folsom, CA is 10.1% higher than the national median of $51,050.

Is Sacramento-Roseville-Folsom, CA a lucrative place for Loan Interviewers and Clerks?

Yes, moderately so.The average salary of $56,210 is higher than the national average, and the Cost of Living Index is at the national average, indicating good purchasing power. However, the slightly below-average Location Quotient suggests the market isn't exceptionally booming.

Is Sacramento-Roseville-Folsom, CA a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Sacramento-Roseville-Folsom, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sacramento-Roseville-Folsom, CA?

Some top paying nearby cities include Stockton-Lodi, CA ($55,910) and Napa, CA.

How does the Sacramento-Roseville-Folsom salary compare to the national average?

The average annual salary for Loan Interviewers and Clerks in Sacramento-Roseville-Folsom, CA is $56,210, which is approximately $5,160 higher than the national average of $51,050.

What is the concentration of Loan Interviewers and Clerks in this area?

The Location Quotient is 0.8, meaning the concentration of these jobs in Sacramento-Roseville-Folsom, CA is 20% lower than the national average. There are approximately 0.893 jobs per 1,000 workers.

How does the cost of living affect the salary in Sacramento?

With a Cost of Living Index of 100, the Sacramento-Roseville-Folsom area is on par with the national average. This means the higher local salary of $56,210 offers a purchasing power equivalent to the national average.

What is the total number of Loan Interviewers and Clerks in the Sacramento area?

The total local workforce for Loan Interviewers and Clerks in the Sacramento-Roseville-Folsom metropolitan area is approximately 950 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 950 employees in the Sacramento-Roseville-Folsom, CA area with a job density of 0.893 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.