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Average Loan Interviewers and Clerks Salary in Upper Peninsula of Michigan nonmetropolitan area

The average salary for a Loan Interviewers and Clerks in Upper Peninsula of Michigan nonmetropolitan area is $46,200. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $46,200 per year.
  • Growth Trend: Salaries have shifted 30.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,630.
  • Outlook: The current demand for Loan Interviewers and Clerkss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Upper Peninsula of Michigan nonmetropolitan area economy.
2024 Market Data

Salary Overview

$46,200

The average Loan Interviewers and Clerks in Upper Peninsula of Michigan nonmetropolitan area earns-9.5%below the national average.

BreakdownBased on 40h/week
Hourly

$22.2

Weekly

$888

Monthly

$3,850

Loan Interviewers and Clerks Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area

The earning potential for Loan Interviewers and Clerkss in Upper Peninsula of Michigan 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 $37,230, while highly experienced professionals can command wages upwards of $57,630.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,230$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,650$16.7
ManagerOversees team, compliance, and project delivery.50% (Median)$46,740$22.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,750$27.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,630$27.7

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$46,200

Gross Pay

Real Wage (Purchasing Power)

$46,200

Adjusted for COL (100)

In Upper Peninsula of Michigan nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $46,200 to $46,200.

Job Market Context

140

Total Jobs

1.245

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, Upper Peninsula of Michigan nonmetropolitan area has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.

140 people work as Loan Interviewers and Clerks in Upper Peninsula of Michigan nonmetropolitan area.

1.245 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 Upper Peninsula of Michigan nonmetropolitan area

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Upper Peninsula of Michigan nonmetropolitan area?

The median annual salary for a Loan Interviewers and Clerks in Upper Peninsula of Michigan nonmetropolitan area is $46,200. This typically ranges from $37,230 for entry-level positions to $57,630 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 9.5% lower than the national median of $51,050.

Is Upper Peninsula of Michigan nonmetropolitan area a good place for Loan Interviewers and Clerkss?

It depends on your priorities. While the average Loan Interviewers and Clerks salary in Upper Peninsula of Michigan nonmetropolitan area is $46,200 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Upper Peninsula of Michigan nonmetropolitan area. See distinct detailed breakdown below.

Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Loan Interviewers and Clerks?

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

Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($46,200) and Saginaw, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 1.245 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.