Average Loan Interviewers and Clerks Salary in Waco, TX
The average salary for a Loan Interviewers and Clerks in Waco, TX is $47,940. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $47,940 per year.
- Growth Trend: Salaries have shifted 26.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,660.
- 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 Waco, TX economy.
Salary Overview
The average Loan Interviewers and Clerks in Waco, TX earns-6.1%below the national average.
$23.1
$922
$3,995
Loan Interviewers and Clerks Salary Trends (2020-2024)
Over the past 4 years, Loan Interviewers and Clerks salaries in Waco, TX have experienced a rapid surge, growing by 26.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Interviewers and Clerks Salary Distribution in Waco, TX
The earning potential for Loan Interviewers and Clerkss in Waco, TX 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 $35,230, while highly experienced professionals can command wages upwards of $62,660.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,230 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,955 | $17.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,320 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,925 | $28.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,660 | $30.1 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$47,940
Gross Pay
Real Wage (Purchasing Power)
$47,940
Adjusted for COL (100)
In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $47,940 to $47,940.
Job Market Context
140
Total Jobs
1.07
Per 1K Jobs
0.95
Location Quotient
Waco, TX has 0.95x the national average concentration of Loan Interviewers and Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
140 people work as Loan Interviewers and Clerks in Waco, TX.
1.07 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 Waco, TX
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Waco, TX?
The median annual salary for a Loan Interviewers and Clerks in Waco, TX is $47,940. This typically ranges from $35,230 for entry-level positions to $62,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 6.1% lower than the national median of $51,050.
Is Waco, TX a good place for Loan Interviewers and Clerkss?
It depends on your priorities. While the average Loan Interviewers and Clerks salary in Waco, TX is $47,940 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waco, TX. See distinct detailed breakdown below.
Is Waco, TX a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($45,810) and Northwestern Region of Texas nonmetropolitan area.
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 Waco, TX area with a job density of 1.07 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Loan Interviewers and Clerks • Data source: BLS OEWS 2024 •Jobs in Waco, TX