SalaryNode

Average Loan Interviewers and Clerks Salary in Southeast Oklahoma nonmetropolitan area

In the Southeast Oklahoma nonmetropolitan area, Loan Interviewers and Clerks earn an average annual salary of $41,590. This figure is notably below the national average of $51,050, a common trend in nonmetropolitan regions where the cost of labor and economic drivers often differ from larger urban centers.

Executive Summary

  • Average Salary: $41,590 per year.
  • Growth Trend: Salaries have shifted 26.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,370.
  • Outlook: The local job market for Loan Interviewers and Clerks in Southeast Oklahoma is characterized by a workforce of 460 individuals. With a Location Quotient of 2.23, this indicates a significantly higher concentration of these roles compared to the national average, suggesting a robust local demand for these specialized positions within the region's financial sector.
2024 Market Data

Salary Overview

$41,590

The average Loan Interviewers and Clerks in Southeast Oklahoma nonmetropolitan area earns-18.5%below the national average.

BreakdownBased on 40h/week
Hourly

$20

Weekly

$800

Monthly

$3,466

Loan Interviewers and Clerks Salary Distribution in Southeast Oklahoma nonmetropolitan area

Career progression for Loan Interviewers and Clerks typically involves moving from entry-level roles to more senior positions, which naturally commands higher compensation. The salary gap between junior and senior professionals often widens significantly, reflecting increased responsibility, specialized knowledge, and years of experience, with higher percentiles representing seasoned experts.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,420$13.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,193$15
ManagerOversees team, compliance, and project delivery.50% (Median)$39,450$19
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,988$25
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,370$27.1

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$41,590

Gross Pay

Real Wage (Purchasing Power)

$41,590

Adjusted for COL (100)

The nominal average annual salary of $41,590 in Southeast Oklahoma nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, offering a balanced financial landscape.

Job Market Context

460

Total Jobs

2.503

Per 1K Jobs

2.23

Location Quotient

Major Hub

Southeast Oklahoma nonmetropolitan area has 2.2x the national concentration of Loan Interviewers and Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 2.23 signifies that Southeast Oklahoma nonmetropolitan area has more than double the national concentration of Loan Interviewers and Clerks. This suggests a specialized and potentially competitive market where employers may have a deeper pool of local talent, but also indicates a strong regional reliance on these financial service roles.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Southeast Oklahoma nonmetropolitan area

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Southeast Oklahoma nonmetropolitan area?

The median annual salary for a Loan Interviewers and Clerks in Southeast Oklahoma nonmetropolitan area is $41,590. This typically ranges from $28,420 for entry-level positions to $56,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Oklahoma nonmetropolitan area is 18.5% lower than the national median of $51,050.

Is Southeast Oklahoma nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?

No, not compared to the national average.The average salary of $41,590 is significantly lower than the national average of $51,050. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is Southeast Oklahoma nonmetropolitan area a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Southeast Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southeast Oklahoma nonmetropolitan area?

Some top paying nearby cities include Oklahoma City, OK ($46,860) and Tulsa, OK.

How does the local salary compare to the national average?

The average annual salary for Loan Interviewers and Clerks in Southeast Oklahoma nonmetropolitan area is $41,590, which is approximately $9,460 less than the national average of $51,050.

What does the Location Quotient of 2.23 mean for this job market?

A Location Quotient of 2.23 indicates that Loan Interviewers and Clerks are more than twice as concentrated in Southeast Oklahoma nonmetropolitan area compared to the national average, suggesting a higher demand or specialized industry presence.

How does the cost of living affect the salary in this region?

With a Cost of Living Index of 100, the local salary of $41,590 has the same purchasing power as the national average salary would in a national average cost of living area.

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

There are approximately 460 Loan Interviewers and Clerks employed in the Southeast Oklahoma nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Southeast Oklahoma nonmetropolitan area area with a job density of 2.503 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.