Average Loan Interviewers and Clerks Salary in South Georgia nonmetropolitan area
In the South Georgia nonmetropolitan area, Loan Interviewers and Clerks earn an average annual salary of $42,750. This figure is notably below the national average of $51,050, reflecting the unique economic dynamics and potentially lower demand for these specialized roles in non-metropolitan regions. Localized economic factors and industry concentration significantly influence compensation levels.
Executive Summary
- Average Salary: $42,750 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,250.
- Outlook: The job market for Loan Interviewers and Clerks in South Georgia's nonmetropolitan area, with a total local workforce of 310, indicates a niche presence. The Location Quotient of 1.44 suggests a higher concentration of these roles compared to the national average, implying a steady, albeit specialized, demand within the region's financial sector. While not a large market, the concentration points to a stable need for these professionals.
Salary Overview
The average Loan Interviewers and Clerks in South Georgia nonmetropolitan area earns-16.3%below the national average.
$20.6
$822
$3,563
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for this precise role in South Georgia's nonmetropolitan area is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring broader economic recovery and inflation. Increases in the cost of doing business and a potential rise in demand for financial services could have contributed to modest upward adjustments in compensation for Loan Interviewers and Clerks.
Loan Interviewers and Clerks Salary Distribution in South Georgia nonmetropolitan area
Career progression for Loan Interviewers and Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience accumulates, individuals can expect their salaries to increase, reflecting enhanced skills, greater responsibility, and a deeper understanding of financial products and client needs. The percentile gaps in salary distribution signify clear pathways for advancement and increased earning potential within this career field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,790 | $14.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,063 | $15.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,520 | $20.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,438 | $25.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,250 | $27.5 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$42,750
Gross Pay
Real Wage (Purchasing Power)
$42,750
Adjusted for COL (100)
The nominal average annual salary of $42,750 in South Georgia's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national average, suggesting that the cost of essential goods and services is comparable.
Job Market Context
310
Total Jobs
1.62
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, South Georgia 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 1.44, South Georgia's nonmetropolitan area exhibits a higher concentration of Loan Interviewers and Clerks than the national average. This suggests that the job market, while not necessarily saturated, has a more significant presence of these roles relative to its overall workforce. This could translate to a more competitive environment for job seekers or a stable demand from local financial institutions.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Macon-Bibb County, GA Loan Interviewers and Clerks Salary | $46,990↑ 10% | 16 mi |
| Warner Robins, GA Loan Interviewers and Clerks Salary | $41,850↓ 2% | 31 mi |
| Athens-Clarke County, GA Loan Interviewers and Clerks Salary | $42,980↑ 1% | 65 mi |
| Atlanta-Sandy Springs-Roswell, GA Loan Interviewers and Clerks Salary | $46,810↑ 9% | 65 mi |
| Columbus, GA-AL Loan Interviewers and Clerks Salary | $38,040↓ 11% | 81 mi |
Comparing salaries near South Georgia nonmetropolitan area
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Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in South Georgia nonmetropolitan area?
The median annual salary for a Loan Interviewers and Clerks in South Georgia nonmetropolitan area is $42,750. This typically ranges from $30,790 for entry-level positions to $57,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Georgia nonmetropolitan area is 16.3% lower than the national median of $51,050.
Is South Georgia nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?
No, not particularly lucrative compared to national averages.The average salary of $42,750 is significantly lower than the national average of $51,050. However, the cost of living is at the national average, meaning the lower salary has equivalent purchasing power locally.
Is South Georgia nonmetropolitan area a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in South Georgia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Georgia nonmetropolitan area?
Some top paying nearby cities include Macon-Bibb County, GA ($46,990) and Warner Robins, GA.
How does the number of jobs per 1,000 workers compare nationally?
With 1.62 jobs per 1,000 workers, this role is present in South Georgia's nonmetropolitan area, but the national figure would be needed for a direct comparison of job density.
What is the significance of the Location Quotient (LQ) being 1.44?
An LQ of 1.44 indicates that Loan Interviewers and Clerks are 44% more concentrated in South Georgia's nonmetropolitan area than the national average, suggesting a specialized regional demand.
Does experience impact salary for Loan Interviewers and Clerks in this region?
Yes, as with most professions, experience is expected to increase salary potential, with higher percentiles representing more experienced and higher-earning individuals.
How does the local salary compare to the cost of living?
The average salary of $42,750 is balanced by a Cost of Living Index of 100, meaning the local salary offers purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the South Georgia nonmetropolitan area area with a job density of 1.62 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 Georgia nonmetropolitan area