Average Loan Interviewers and Clerks Salary in South Central Wisconsin nonmetropolitan area
In the South Central Wisconsin nonmetropolitan area, Loan Interviewers and Clerks earn an average annual salary of $46,260. This figure is notably below the national average of $51,050, suggesting that regional economic factors and demand dynamics play a significant role in compensation within this specific locale. The localized pay reflects the unique economic landscape of nonmetropolitan Wisconsin.
Executive Summary
- Average Salary: $46,260 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,040.
- Outlook: The job market for Loan Interviewers and Clerks in South Central Wisconsin's nonmetropolitan area appears moderately robust, characterized by a local workforce of 340 professionals. The Location Quotient of 1.43 indicates a higher concentration of these roles compared to the national average, suggesting a sustained demand or a specialized regional need for these services. This concentration, coupled with 1.607 jobs per 1,000 workers, points to a stable, albeit not rapidly expanding, employment environment for this occupation.
Salary Overview
The average Loan Interviewers and Clerks in South Central Wisconsin nonmetropolitan area earns-9.4%below the national average.
$22.2
$890
$3,855
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Loan Interviewers and Clerks in the South Central Wisconsin nonmetropolitan area have experienced gradual growth over the past four years, mirroring general economic trends and inflation. Increases in the cost of financial services and regulatory changes often necessitate adjustments in compensation to attract and retain qualified personnel, suggesting a positive, albeit modest, upward trajectory in earnings.
Loan Interviewers and Clerks Salary Distribution in South Central 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 specialized skills or supervisory responsibilities can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies opportunities for 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) | $34,200 | $16.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,695 | $16.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,660 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,825 | $27.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,040 | $27.9 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$46,260
Gross Pay
Real Wage (Purchasing Power)
$46,260
Adjusted for COL (100)
The average annual salary of $46,260 in the South Central Wisconsin nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, making it neither particularly advantageous nor disadvantageous from a cost-of-living perspective. Relocating professionals can expect their income to cover standard living expenses without significant strain or surplus compared to national benchmarks.
Job Market Context
340
Total Jobs
1.607
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, South Central Wisconsin nonmetropolitan area has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.
With a Location Quotient of 1.43, South Central Wisconsin's nonmetropolitan area exhibits a concentration of Loan Interviewer and Clerk positions that is 43% higher than the national average. This suggests a relatively strong demand for these roles within the region, potentially making the job market more favorable for job seekers compared to areas with a lower concentration. While not indicative of a hyper-competitive market, the elevated quotient points to a healthy presence of these financial service positions.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Wausau, WI Loan Interviewers and Clerks Salary | $46,820↑ 1% | 48 mi |
| Oshkosh-Neenah, WI Loan Interviewers and Clerks Salary | $47,900↑ 4% | 55 mi |
| Appleton, WI Loan Interviewers and Clerks Salary | $49,340↑ 7% | 61 mi |
| Fond du Lac, WI Loan Interviewers and Clerks Salary | $48,680↑ 5% | 68 mi |
| Green Bay, WI Loan Interviewers and Clerks Salary | $48,030↑ 4% | 82 mi |
Comparing salaries near South Central Wisconsin nonmetropolitan area
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in South Central Wisconsin nonmetropolitan area?
The median annual salary for a Loan Interviewers and Clerks in South Central Wisconsin nonmetropolitan area is $46,260. This typically ranges from $34,200 for entry-level positions to $58,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Wisconsin nonmetropolitan area is 9.4% lower than the national median of $51,050.
Is South Central Wisconsin nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?
No, not particularly lucrative compared to the national average.While the local concentration of jobs is higher than the national average, the average salary of $46,260 is below the national average of $51,050. The cost of living is also at the national average, meaning the lower salary offers less purchasing power than the national average.
Is South Central Wisconsin nonmetropolitan area a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in South Central Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Wisconsin nonmetropolitan area?
Some top paying nearby cities include Wausau, WI ($46,820) and Oshkosh-Neenah, WI.
How does the local salary compare to the national average?
The average annual salary for Loan Interviewers and Clerks in South Central Wisconsin nonmetropolitan area is $46,260, which is lower than the national average of $51,050.
What is the concentration of Loan Interviewers and Clerks in this region?
The concentration, measured by the Location Quotient, is 1.43, indicating that these roles are 43% more common in this region than the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $46,260 salary has the same purchasing power as the national average salary.
What does the total local workforce size suggest?
With a total local workforce of 340 Loan Interviewers and Clerks, the market is of a moderate size, suggesting stable but not rapid growth opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the South Central Wisconsin nonmetropolitan area area with a job density of 1.607 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 South Central Wisconsin nonmetropolitan area