Average Loan Interviewers and Clerks Salary in Wausau, WI
In Wausau, WI, Loan Interviewers and Clerks earn an average annual salary of $46,820. This figure is notably below the national average of $51,050, suggesting that local market dynamics and potentially regional economic factors influence compensation for these roles. The specific economic landscape and demand within Wausau contribute to this salary differential.
Executive Summary
- Average Salary: $46,820 per year.
- Growth Trend: Salaries have shifted 18.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,640.
- Outlook: The Wausau, WI market for Loan Interviewers and Clerks shows a localized concentration, with a Location Quotient of 2.65, indicating a significantly higher presence of these roles compared to the national average. While the total local workforce of 210 is modest, the high concentration suggests a stable, albeit specialized, demand for these professionals within the region's financial sector.
Salary Overview
The average Loan Interviewers and Clerks in Wausau, WI earns-8.3%below the national average.
$22.5
$900
$3,902
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for Wausau is not provided, it's reasonable to assume that salaries for Loan Interviewers and Clerks have seen gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for such positions, reflecting a dynamic labor market.
Loan Interviewers and Clerks Salary Distribution in Wausau, WI
Career progression for Loan Interviewers and Clerks in Wausau, as elsewhere, typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting their increased value and expertise to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,140 | $18.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,115 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,910 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,525 | $28.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,640 | $27.7 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$46,820
Gross Pay
Real Wage (Purchasing Power)
$46,820
Adjusted for COL (100)
The nominal average annual salary of $46,820 in Wausau, WI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Loan Interviewer's salary in Wausau is equivalent to the national average, indicating a balanced economic environment where wages generally match the cost of essential goods and services.
Job Market Context
210
Total Jobs
2.974
Per 1K Jobs
2.65
Location Quotient
Wausau, WI has 2.6x 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 2.65, Wausau, WI, exhibits a strong concentration of Loan Interviewers and Clerks relative to the national average. This suggests that the job market in Wausau is more abundant in these roles than in many other areas, potentially leading to a competitive environment for job seekers but also indicating a robust demand within the local financial industry.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| South Central Wisconsin nonmetropolitan area Loan Interviewers and Clerks Salary | $46,260↓ 1% | 48 mi |
| Northeastern Wisconsin nonmetropolitan area Loan Interviewers and Clerks Salary | $45,680↓ 2% | 48 mi |
| Western Wisconsin nonmetropolitan area Loan Interviewers and Clerks Salary | $45,360↓ 3% | 48 mi |
| Northwestern Wisconsin nonmetropolitan area Loan Interviewers and Clerks Salary | $45,510↓ 3% | 48 mi |
| Appleton, WI Loan Interviewers and Clerks Salary | $49,340↑ 5% | 78 mi |
Comparing salaries near Wausau, WI
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Wausau, WI?
The median annual salary for a Loan Interviewers and Clerks in Wausau, WI is $46,820. This typically ranges from $38,140 for entry-level positions to $57,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wausau, WI is 8.3% lower than the national median of $51,050.
Is Wausau, WI a lucrative place for Loan Interviewers and Clerks?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the salary for Loan Interviewers and Clerks in Wausau is below the national average. The strong concentration of these roles does indicate demand, but not necessarily higher pay.
Is Wausau, WI a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Wausau, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wausau, WI?
Some top paying nearby cities include South Central Wisconsin nonmetropolitan area ($46,260) and Northeastern Wisconsin nonmetropolitan area.
How does Wausau's salary for Loan Interviewers compare to the national average?
The average annual salary for Loan Interviewers and Clerks in Wausau, WI, is $46,820, which is lower than the national average of $51,050.
What does the Location Quotient of 2.65 mean for Wausau?
A Location Quotient of 2.65 signifies that Wausau has 2.65 times the number of Loan Interviewers and Clerks per worker compared to the national average, indicating a higher concentration of these jobs locally.
Is the cost of living high in Wausau, WI?
No, Wausau's Cost of Living Index is 100, which is exactly the national average, meaning the general cost of goods and services is neither significantly higher nor lower than the typical U.S. city.
How many Loan Interviewers and Clerks work in Wausau?
There are approximately 210 Loan Interviewers and Clerks employed in Wausau, WI, representing 2.974 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Wausau, WI area with a job density of 2.974 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 Wausau, WI
- All Occupations Salary in Wausau, WI
- Production Occupations Salary in Wausau, WI
- Office and Administrative Support Occupations Salary in Wausau, WI
- Transportation and Material Moving Occupations Salary in Wausau, WI
- Sales and Related Occupations Salary in Wausau, WI
- Food Preparation and Serving Related Occupations Salary in Wausau, WI
- Healthcare Practitioners and Technical Occupations Salary in Wausau, WI
- Business and Financial Operations Occupations Salary in Wausau, WI
- Installation, Maintenance, and Repair Occupations Salary in Wausau, WI
- Management Occupations Salary in Wausau, WI
- Browse All Jobs in Wausau, WI →
Semantic Salary Analysis for Loan Interviewers and Clerks • Data source: BLS OEWS 2024 •Jobs in Wausau, WI