Average Loan Interviewers and Clerks Salary in Seattle-Tacoma-Bellevue, WA
Loan Interviewers and Clerks in the Seattle-Tacoma-Bellevue, WA area earn an impressive average annual salary of $65,280. This figure significantly surpasses the national average of $51,050, indicating a robust local demand for these financial roles. The higher compensation in this metropolitan area is often attributed to the region's strong economic activity and a competitive job market.
Executive Summary
- Average Salary: $65,280 per year.
- Growth Trend: Salaries have shifted 36.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $81,500.
- Outlook: With a local workforce of 1,570 Loan Interviewers and Clerks, the Seattle-Tacoma-Bellevue area demonstrates a notable presence in this sector. The Location Quotient of 0.67 suggests that while the concentration is slightly below the national average, the absolute number of professionals indicates a stable and ongoing need for these services within the region's financial institutions.
Salary Overview
The average Loan Interviewers and Clerks in Seattle-Tacoma-Bellevue, WA earns+27.9%above the national average.
$31.4
$1,255
$5,440
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for this role in Seattle-Tacoma-Bellevue is not provided, it is reasonable to assume a positive salary growth trend over the past four years, mirroring national trends in the financial services sector. Economic expansion and evolving lending practices likely contribute to increased demand and, consequently, upward pressure on wages for skilled Loan Interviewers and Clerks.
Loan Interviewers and Clerks Salary Distribution in Seattle-Tacoma-Bellevue, WA
Career progression for Loan Interviewers and Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, often requiring extensive knowledge of financial regulations and customer service expertise, command salaries in the higher percentiles. These percentile gaps clearly signify opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,760 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $48,960 | $23.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,330 | $29.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $81,600 | $39.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $81,500 | $39.2 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$65,280
Gross Pay
Real Wage (Purchasing Power)
$65,280
Adjusted for COL (100)
The average annual salary of $65,280 in Seattle-Tacoma-Bellevue aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national standard, offering a balanced financial outlook for professionals in the area.
Job Market Context
1,570
Total Jobs
0.755
Per 1K Jobs
0.67
Location Quotient
Seattle-Tacoma-Bellevue, WA has 0.67x 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 0.67 indicates that Loan Interviewers and Clerks are less concentrated in the Seattle-Tacoma-Bellevue area compared to the national average. This suggests that while the market is not oversaturated, there may be fewer specialized roles available relative to the overall job market, potentially leading to a more competitive environment for those seeking positions.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Bremerton-Silverdale-Port Orchard, WA Loan Interviewers and Clerks Salary | $55,780↓ 15% | 18 mi |
| Western Washington nonmetropolitan area Loan Interviewers and Clerks Salary | $51,560↓ 21% | 42 mi |
| Olympia-Lacey-Tumwater, WA Loan Interviewers and Clerks Salary | $60,470↓ 7% | 47 mi |
| Mount Vernon-Anacortes, WA Loan Interviewers and Clerks Salary | $56,930↓ 13% | 56 mi |
Comparing salaries near Seattle-Tacoma-Bellevue, WA
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Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Seattle-Tacoma-Bellevue, WA?
The median annual salary for a Loan Interviewers and Clerks in Seattle-Tacoma-Bellevue, WA is $65,280. This typically ranges from $47,760 for entry-level positions to $81,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Seattle-Tacoma-Bellevue, WA is 27.9% higher than the national median of $51,050.
Is Seattle-Tacoma-Bellevue, WA a lucrative place for Loan Interviewers and Clerks?
Yes, it offers higher than average earnings.The average salary of $65,280 is significantly above the national average, and the cost of living is on par with the national average, making it financially advantageous.
Is Seattle-Tacoma-Bellevue, WA a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Seattle-Tacoma-Bellevue, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Seattle-Tacoma-Bellevue, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($55,780) and Western Washington nonmetropolitan area.
How does the Seattle-Tacoma-Bellevue salary compare to the national average?
The average salary for Loan Interviewers and Clerks in Seattle-Tacoma-Bellevue is $65,280, which is substantially higher than the national average of $51,050.
What is the Cost of Living in Seattle-Tacoma-Bellevue, WA?
The Cost of Living Index for Seattle-Tacoma-Bellevue is 100, which is exactly the national average, indicating that expenses are comparable to the rest of the country.
How many Loan Interviewers and Clerks work in Seattle-Tacoma-Bellevue, WA?
There are approximately 1,570 Loan Interviewers and Clerks employed in the Seattle-Tacoma-Bellevue metropolitan area.
Is the job market for Loan Interviewers and Clerks concentrated in Seattle-Tacoma-Bellevue, WA?
No, the Location Quotient of 0.67 suggests that the concentration of these roles is slightly below the national average, indicating a less specialized market compared to other professions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,570 employees in the Seattle-Tacoma-Bellevue, WA area with a job density of 0.755 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 Seattle-Tacoma-Bellevue, WA