Average Loan Interviewers and Clerks Salary in Topeka, KS
In Topeka, KS, Loan Interviewers and Clerks earn an average annual salary of $49,400. This figure is slightly below the national average of $51,050, a common occurrence where local economic factors and demand influence compensation. The specific financial landscape and operational costs within Topeka contribute to this nuanced pay scale.
Executive Summary
- Average Salary: $49,400 per year.
- Growth Trend: Salaries have shifted 19.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,110.
- Outlook: The job market for Loan Interviewers and Clerks in Topeka, KS, shows a notable concentration, with a Location Quotient of 1.55 indicating a stronger presence than the national average. This suggests a robust demand for these roles within the local economy, supported by a workforce of 200 individuals in this specific occupation.
Salary Overview
The average Loan Interviewers and Clerks in Topeka, KS earns-3.2%below the national average.
$23.8
$950
$4,117
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Loan Interviewers and Clerks have seen a steady upward trend over the past four years, mirroring broader economic growth and inflation. This gradual increase is typical as the demand for financial services professionals evolves and the cost of living adjusts.
Loan Interviewers and Clerks Salary Distribution in Topeka, KS
Career progression for Loan Interviewers and Clerks typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior roles command higher salaries, reflecting increased responsibility and expertise. The salary distribution across different experience levels in Topeka, KS, would show a clear upward trajectory from junior to seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,330 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,050 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,930 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,750 | $29.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,110 | $31.8 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$49,400
Gross Pay
Real Wage (Purchasing Power)
$49,400
Adjusted for COL (100)
The average annual salary of $49,400 in Topeka, KS, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Loan Interviewer's or Clerk's salary in Topeka is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
200
Total Jobs
1.744
Per 1K Jobs
1.55
Location Quotient
Topeka, KS has 1.6x 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.
With a Location Quotient of 1.55, Topeka, KS, demonstrates a significantly higher concentration of Loan Interviewers and Clerks compared to the national average. This suggests a competitive yet abundant job market, where employers may find a readily available pool of talent, potentially influencing hiring dynamics and salary negotiations.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Lawrence, KS Loan Interviewers and Clerks Salary | $53,600↑ 9% | 24 mi |
| Manhattan, KS Loan Interviewers and Clerks Salary | $50,210↑ 2% | 50 mi |
| Kansas City, MO-KS Loan Interviewers and Clerks Salary | $51,880↑ 5% | 60 mi |
| Kansas nonmetropolitan area Loan Interviewers and Clerks Salary | $43,120↓ 13% | 66 mi |
| St. Joseph, MO-KS Loan Interviewers and Clerks Salary | $46,240↓ 6% | 68 mi |
Comparing salaries near Topeka, KS
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Topeka, KS?
The median annual salary for a Loan Interviewers and Clerks in Topeka, KS is $49,400. This typically ranges from $37,330 for entry-level positions to $66,110 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Topeka, KS is 3.2% lower than the national median of $51,050.
Is Topeka, KS a lucrative place for Loan Interviewers and Clerks?
Yes, it offers average national purchasing power.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning your earnings hold their value. The strong local concentration of these roles also indicates consistent demand.
Is Topeka, KS a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Topeka, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Topeka, KS?
Some top paying nearby cities include Lawrence, KS ($53,600) and Manhattan, KS.
How does Topeka's salary compare to the national average for this role?
Loan Interviewers and Clerks in Topeka, KS, earn an average of $49,400 annually, which is slightly less than the national average of $51,050.
What is the significance of the Location Quotient in Topeka?
A Location Quotient of 1.55 means that Topeka has 55% more Loan Interviewers and Clerks per worker than the national average, indicating a strong local presence and demand for this profession.
How does the cost of living in Topeka affect salary value?
Topeka's Cost of Living Index is 100, matching the national average. This means the $49,400 salary has the same purchasing power in Topeka as the national average salary would have nationwide.
What is the total number of Loan Interviewers and Clerks in Topeka?
There are approximately 200 Loan Interviewers and Clerks employed in Topeka, KS.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Topeka, KS area with a job density of 1.744 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 Topeka, KS
- All Occupations Salary in Topeka, KS
- Office and Administrative Support Occupations Salary in Topeka, KS
- Transportation and Material Moving Occupations Salary in Topeka, KS
- Food Preparation and Serving Related Occupations Salary in Topeka, KS
- Healthcare Practitioners and Technical Occupations Salary in Topeka, KS
- Business and Financial Operations Occupations Salary in Topeka, KS
- Sales and Related Occupations Salary in Topeka, KS
- Healthcare Support Occupations Salary in Topeka, KS
- Production Occupations Salary in Topeka, KS
- Educational Instruction and Library Occupations Salary in Topeka, KS
- Browse All Jobs in Topeka, KS →
Semantic Salary Analysis for Loan Interviewers and Clerks • Data source: BLS OEWS 2024 •Jobs in Topeka, KS