SalaryNode

Average Loan Interviewers and Clerks Salary in Tulsa, OK

In Tulsa, OK, Loan Interviewers and Clerks earn an average annual salary of $48,910. This figure is slightly below the national average of $51,050, indicating localized market dynamics at play. Factors such as regional demand, the cost of doing business, and the specific needs of the local financial sector contribute to this pay scale.

Executive Summary

  • Average Salary: $48,910 per year.
  • Growth Trend: Salaries have shifted 28.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,530.
  • Outlook: With a total local workforce of 780 individuals in this role, Tulsa presents a moderately sized employment pool for Loan Interviewers and Clerks. The Location Quotient of 1.53 suggests a concentration of these jobs that is 53% higher than the national average, signaling a robust and potentially growing demand within the city's financial industry.
2024 Market Data

Salary Overview

$48,910

The average Loan Interviewers and Clerks in Tulsa, OK earns-4.2%below the national average.

BreakdownBased on 40h/week
Hourly

$23.5

Weekly

$941

Monthly

$4,076

Loan Interviewers and Clerks Salary Distribution in Tulsa, OK

Career progression for Loan Interviewers and Clerks in Tulsa typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. The gap between starting salaries and those of experienced professionals signifies a clear career ladder, where accumulated knowledge, client management skills, and a proven track record lead to higher earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,350$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,683$17.6
ManagerOversees team, compliance, and project delivery.50% (Median)$47,850$23
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$61,138$29.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,530$31

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$48,910

Gross Pay

Real Wage (Purchasing Power)

$48,910

Adjusted for COL (100)

The average annual salary of $48,910 in Tulsa, OK, 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 salary in Tulsa is equivalent to the national average, offering a stable financial standing for residents.

Job Market Context

780

Total Jobs

1.721

Per 1K Jobs

1.53

Location Quotient

Major Hub

Tulsa, OK has 1.5x 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.

Tulsa's Location Quotient of 1.53 for Loan Interviewers and Clerks indicates a significant concentration of these roles compared to the national average. This suggests that the job market in Tulsa is more specialized in this sector, potentially offering more opportunities and a competitive environment for both employers and job seekers.

Nearby Job Markets

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Tulsa, OK?

The median annual salary for a Loan Interviewers and Clerks in Tulsa, OK is $48,910. This typically ranges from $36,350 for entry-level positions to $64,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tulsa, OK is 4.2% lower than the national median of $51,050.

Is Tulsa, OK a lucrative place for Loan Interviewers and Clerks?

Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national average, Tulsa's Cost of Living Index matching the national average ensures strong purchasing power. The high concentration of these roles also suggests good market demand.

Is Tulsa, OK a good place to live for Loan Interviewers and Clerks?

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

Where are the highest paying cities near Tulsa, OK?

Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($41,590) and Northeast Oklahoma nonmetropolitan area.

How does Tulsa's salary for Loan Interviewers compare to the national average?

The average annual salary for Loan Interviewers and Clerks in Tulsa, OK is $48,910, which is slightly lower than the national average of $51,050.

What is the significance of Tulsa's Location Quotient for this role?

A Location Quotient of 1.53 means that Tulsa has 53% more Loan Interviewers and Clerks per worker than the national average, indicating a higher concentration and potentially stronger demand for these professionals in the area.

How does the cost of living in Tulsa affect the salary?

Tulsa's Cost of Living Index is 100, which is the national average. This means that the $48,910 salary in Tulsa provides a purchasing power equivalent to the national average, making it a stable financial environment.

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

There are approximately 780 Loan Interviewers and Clerks employed in Tulsa, OK, representing a notable segment of the local 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 780 employees in the Tulsa, OK area with a job density of 1.721 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.