Average Loan Interviewers and Clerks Salary in Texas
In Texas, Loan Interviewers and Clerks earn an average annual salary of $51,030, a figure remarkably close to the national average of $51,050. This parity suggests that while the state's robust financial sector influences compensation, other localized economic factors are keeping it in line with broader U.S. trends. The sheer volume of economic activity within Texas plays a significant role in maintaining competitive pay scales for these essential roles.
Executive Summary
- Average Salary: $51,030 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,000.
- Outlook: With a substantial local workforce of 20,940 individuals in this sector, Texas demonstrates a significant presence for Loan Interviewers and Clerks. The Location Quotient of 1.35 indicates a higher concentration of these roles in Texas compared to the national average, suggesting a strong and potentially growing demand for these professionals within the state's dynamic economy.
Salary Overview
The average Loan Interviewers and Clerks in Texas earns-0.0%below the national average.
$24.5
$981
$4,253
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Loan Interviewers and Clerks in Texas have seen consistent, albeit moderate, growth over the past four years. This trend would likely mirror national patterns, driven by inflation, evolving financial regulations, and the steady demand for mortgage and loan processing services across the state's expanding population.
Loan Interviewers and Clerks Salary Distribution in Texas
Career progression for Loan Interviewers and Clerks in Texas typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, the expected salary range widens significantly with experience, with senior clerks and specialized interviewers commanding higher compensation due to their expertise and responsibilities. These percentile gaps are a clear indicator of the career ladder available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,380 | $17.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,273 | $18.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,180 | $23.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,788 | $30.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,000 | $31.7 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$51,030
Gross Pay
Real Wage (Purchasing Power)
$54,871
Adjusted for COL (93)
The average annual salary of $51,030 in Texas presents a favorable financial picture when considered against the state's Cost of Living Index of 93. This index, being below the national average of 100, means that the purchasing power of a Loan Interviewer's salary in Texas is slightly higher than the national average, allowing for a comfortable standard of living relative to other parts of the country.
Job Market Context
20,940
Total Jobs
1.512
Per 1K Jobs
1.35
Location Quotient
With a location quotient of 1.35, Texas has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.
A Location Quotient of 1.35 signifies that Loan Interviewers and Clerks are more concentrated in Texas than the national average. This suggests a robust and active job market for these professionals, indicating that employers in the state actively seek and employ a higher proportion of these workers relative to their presence nationwide. This concentration points to a healthy demand and a competitive environment for talent.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Loan Interviewers and Clerks Salary | $44,320↓ 13% | 10 mi |
| Waco, TX Loan Interviewers and Clerks Salary | $47,940↓ 6% | 41 mi |
| Austin-Round Rock-San Marcos, TX Loan Interviewers and Clerks Salary | $53,170↑ 4% | 53 mi |
| College Station-Bryan, TX Loan Interviewers and Clerks Salary | $47,610↓ 7% | 82 mi |
Comparing salaries near Texas
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Texas?
The median annual salary for a Loan Interviewers and Clerks in Texas is $51,030. This typically ranges from $36,380 for entry-level positions to $66,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Texas is 0.0% lower than the national median of $51,050.
Is Texas a lucrative place for Loan Interviewers and Clerks?
Yes, Texas offers a competitive environment for Loan Interviewers and Clerks.The state's average salary is on par with the national average, and a higher concentration of these jobs (LQ of 1.35) indicates strong demand. Coupled with a cost of living below the national average, the nominal salary translates to good purchasing power.
Is Texas a good place to live for Loan Interviewers and Clerks?
With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Texas?
Some top paying nearby cities include Killeen-Temple, TX ($44,320) and Waco, TX.
How does the Texas salary compare to the national average?
The average annual salary for Loan Interviewers and Clerks in Texas is $51,030, which is virtually identical to the national average of $51,050, indicating strong parity.
What does the Location Quotient of 1.35 mean for job seekers?
A Location Quotient of 1.35 means that Loan Interviewers and Clerks are 35% more concentrated in Texas than the national average, suggesting a higher availability of these jobs and potentially more opportunities for employment.
How does the cost of living affect the salary in Texas?
With a Cost of Living Index of 93 (below the national average of 100), the $51,030 salary in Texas offers slightly better purchasing power than the same amount would in a higher cost-of-living area.
What is the total number of Loan Interviewers and Clerks in Texas?
Texas employs approximately 20,940 Loan Interviewers and Clerks, reflecting a significant segment of the state's financial services workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 20,940 employees in the Texas area with a job density of 1.512 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Loan Interviewers and Clerks Salaries by State
Top Jobs in Texas
- All Occupations Salary in Texas
- Office and Administrative Support Occupations Salary in Texas
- Food Preparation and Serving Related Occupations Salary in Texas
- Transportation and Material Moving Occupations Salary in Texas
- Management Occupations Salary in Texas
- Sales and Related Occupations Salary in Texas
- Business and Financial Operations Occupations Salary in Texas
- Educational Instruction and Library Occupations Salary in Texas
- Healthcare Practitioners and Technical Occupations Salary in Texas
- Production Occupations Salary in Texas
- Browse All Jobs in Texas →
Semantic Salary Analysis for Loan Interviewers and Clerks • Data source: BLS OEWS 2024 •Jobs in Texas