Average Loan Interviewers and Clerks Salary in Western Wisconsin nonmetropolitan area
In the Western Wisconsin nonmetropolitan area, Loan Interviewers and Clerks earn an average annual salary of $45,360. This figure is notably below the national average of $51,050, reflecting the economic dynamics and potentially lower demand for these specific roles in more rural, non-urbanized regions. The compensation is directly influenced by the localized economic landscape and the cost of doing business in this specific area.
Executive Summary
- Average Salary: $45,360 per year.
- Growth Trend: Salaries have shifted 19.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,730.
- Outlook: The job market for Loan Interviewers and Clerks in Western Wisconsin's nonmetropolitan area appears moderately concentrated, with a total local workforce of 240 individuals. The Location Quotient of 1.69 suggests a higher concentration of these roles compared to the national average, indicating a potentially stable, albeit niche, demand within the region's financial sector. While the absolute number of jobs per 1,000 workers (1.893) is modest, the relative concentration points to a specialized local need.
Salary Overview
The average Loan Interviewers and Clerks in Western Wisconsin nonmetropolitan area earns-11.1%below the national average.
$21.8
$872
$3,780
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for this precise role in Western Wisconsin is not provided, it is generally assumed that salaries for Loan Interviewers and Clerks have experienced modest growth over the past four years, mirroring broader economic trends and inflation adjustments. This growth would likely be influenced by regional economic performance and any shifts in demand for financial services within the nonmetropolitan area.
Loan Interviewers and Clerks Salary Distribution in Western Wisconsin nonmetropolitan area
Career progression for Loan Interviewers and Clerks typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior or lead roles can command salaries well into the higher percentiles, reflecting increased responsibility and expertise. The widening gap between entry-level and senior salaries signifies a clear career ladder and opportunities for advancement within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,370 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,020 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,810 | $22.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,700 | $27.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,730 | $27.8 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$45,360
Gross Pay
Real Wage (Purchasing Power)
$45,360
Adjusted for COL (100)
The nominal average salary of $45,360 in Western Wisconsin's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, suggesting that while the absolute salary is lower than the national average, the cost of living does not present a disadvantage in terms of real income.
Job Market Context
240
Total Jobs
1.893
Per 1K Jobs
1.69
Location Quotient
Western Wisconsin nonmetropolitan area has 1.7x 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 1.69, Western Wisconsin's nonmetropolitan area exhibits a significantly higher concentration of Loan Interviewers and Clerks compared to the national average. This indicates that these roles are relatively more prevalent and potentially in higher demand within this specific region's job market than they are nationally, suggesting a specialized but established presence for this profession.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Wausau, WI Loan Interviewers and Clerks Salary | $46,820↑ 3% | 48 mi |
| Oshkosh-Neenah, WI Loan Interviewers and Clerks Salary | $47,900↑ 6% | 55 mi |
| Appleton, WI Loan Interviewers and Clerks Salary | $49,340↑ 9% | 61 mi |
| Fond du Lac, WI Loan Interviewers and Clerks Salary | $48,680↑ 7% | 68 mi |
| Green Bay, WI Loan Interviewers and Clerks Salary | $48,030↑ 6% | 82 mi |
Comparing salaries near Western Wisconsin nonmetropolitan area
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Western Wisconsin nonmetropolitan area?
The median annual salary for a Loan Interviewers and Clerks in Western Wisconsin nonmetropolitan area is $45,360. This typically ranges from $35,370 for entry-level positions to $57,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Western Wisconsin nonmetropolitan area is 11.1% lower than the national median of $51,050.
Is Western Wisconsin nonmetropolitan area a lucrative place for Loan Interviewers and Clerks?
No, not exceptionally lucrative compared to national averages.The average salary of $45,360 is below the national average, though the cost of living is also at the national average, mitigating some of the disparity.
Is Western Wisconsin nonmetropolitan area a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Western Wisconsin nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Western Wisconsin nonmetropolitan area?
Some top paying nearby cities include Wausau, WI ($46,820) and Oshkosh-Neenah, WI.
How does the Western Wisconsin salary compare to the national average?
The average salary for Loan Interviewers and Clerks in Western Wisconsin is $45,360, which is lower than the national average of $51,050.
What does the Location Quotient of 1.69 mean for this role?
A Location Quotient of 1.69 signifies that Loan Interviewers and Clerks are 69% more concentrated in Western Wisconsin's nonmetropolitan area than the national average, indicating a higher relative presence of these jobs.
Does the cost of living affect the perceived value of the salary?
No, the local Cost of Living Index is 100, which is the national average. This means the $45,360 salary has purchasing power equivalent to the national average.
What is the total number of Loan Interviewers and Clerks in this area?
There are approximately 240 Loan Interviewers and Clerks employed in the Western Wisconsin 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 240 employees in the Western Wisconsin nonmetropolitan area area with a job density of 1.893 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 Western Wisconsin nonmetropolitan area