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Average Loan Interviewers and Clerks Salary in Southwest Alabama nonmetropolitan area

The average salary for Loan Interviewers and Clerkss in Southwest Alabama nonmetropolitan area is $37,900. While this is lower than the national average, the cost of living in Southwest Alabama nonmetropolitan area may offset the difference, preserving real purchasing power. Notably, Southwest Alabama nonmetropolitan area is a key hub for this profession, with a job concentration 1.42x higher than average.

Executive Summary

  • Average Salary: $37,900 per year.
  • Growth Trend: Salaries have shifted 31.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,160.
  • Outlook: The current demand for Loan Interviewers and Clerkss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Southwest Alabama nonmetropolitan area economy.
2024 Market Data

Salary Overview

$37,900

The average Loan Interviewers and Clerks in Southwest Alabama nonmetropolitan area earns-25.8%below the national average.

BreakdownBased on 40h/week
Hourly

$18.2

Weekly

$729

Monthly

$3,158

Loan Interviewers and Clerks Salary Distribution in Southwest Alabama nonmetropolitan area

The earning potential for Loan Interviewers and Clerkss in Southwest Alabama nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $27,130, while highly experienced professionals can command wages upwards of $48,160.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$27,130$13
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$28,425$13.7
ManagerOversees team, compliance, and project delivery.50% (Median)$37,100$17.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$47,375$22.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$48,160$23.2

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$37,900

Gross Pay

Real Wage (Purchasing Power)

$37,900

Adjusted for COL (100)

In Southwest Alabama nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $37,900 to $37,900.

Job Market Context

100

Total Jobs

1.591

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, Southwest Alabama nonmetropolitan area has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.

100 people work as Loan Interviewers and Clerks in Southwest Alabama nonmetropolitan area.

1.591 out of every 1,000 local jobs are Loan Interviewers and Clerks positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Southwest Alabama nonmetropolitan area

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Southwest Alabama nonmetropolitan area?

The median annual salary for a Loan Interviewers and Clerks in Southwest Alabama nonmetropolitan area is $37,900. This typically ranges from $27,130 for entry-level positions to $48,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Alabama nonmetropolitan area is 25.8% lower than the national median of $51,050.

Is Southwest Alabama nonmetropolitan area a good place for Loan Interviewers and Clerkss?

Yes, Southwest Alabama nonmetropolitan area is highly recommended due to strong job demand. While salaries are competitive ($37,900), the area is particularly notable for its high job density for Loan Interviewers and Clerkss. See distinct detailed breakdown below.

Is Southwest Alabama nonmetropolitan area a good place to live for Loan Interviewers and Clerks?

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

Where are the highest paying cities near Southwest Alabama nonmetropolitan area?

Some top paying nearby cities include Montgomery, AL ($43,870) and Birmingham, AL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Southwest Alabama nonmetropolitan area area with a job density of 1.591 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.