SalaryNode

Average Loan Interviewers and Clerks Salary in Springfield, MA

The average salary for a Loan Interviewers and Clerks in Springfield, MA is $52,100. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $52,100 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,070.
  • 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 Springfield, MA economy.
2024 Market Data

Salary Overview

$52,100

The average Loan Interviewers and Clerks in Springfield, MA earns+2.1%above the national average.

BreakdownBased on 40h/week
Hourly

$25.1

Weekly

$1,002

Monthly

$4,342

Loan Interviewers and Clerks Salary Distribution in Springfield, MA

The earning potential for Loan Interviewers and Clerkss in Springfield, MA 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 $44,990, while highly experienced professionals can command wages upwards of $60,070.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,990$21.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,075$18.8
ManagerOversees team, compliance, and project delivery.50% (Median)$54,210$26.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$65,125$31.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,070$28.9

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$52,100

Gross Pay

Real Wage (Purchasing Power)

$52,100

Adjusted for COL (100)

In Springfield, MA, the Cost of Living Index is 100. This increases your effective purchasing power from $52,100 to $52,100.

Job Market Context

100

Total Jobs

0.498

Per 1K Jobs

0.44

Location Quotient

Low Concentration

At 0.44x, Springfield, MA has a notably lower concentration of Loan Interviewers and Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.

100 people work as Loan Interviewers and Clerks in Springfield, MA.

Only 0.498 out of every 1,000 local jobs are Loan Interviewers and Clerks roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Loan Interviewers and Clerks

Comparing salaries near Springfield, MA

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Springfield, MA?

The median annual salary for a Loan Interviewers and Clerks in Springfield, MA is $52,100. This typically ranges from $44,990 for entry-level positions to $60,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MA is 2.1% higher than the national median of $51,050.

Is Springfield, MA a good place for Loan Interviewers and Clerkss?

Yes, Springfield, MA is financially attractive for Loan Interviewers and Clerkss. The average salary of $52,100 exceeds the national average. See distinct detailed breakdown below.

Is Springfield, MA a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MA?

Some top paying nearby cities include Amherst Town-Northampton, MA ($53,670) and Hartford-West Hartford-East Hartford, CT.

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 Springfield, MA area with a job density of 0.498 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.