Average Loan Interviewers and Clerks Salary in Wichita, KS
In Wichita, KS, Loan Interviewers and Clerks earn an average annual salary of $48,440. This figure is slightly below the national average of $51,050, reflecting localized economic conditions and demand within the Kansas financial sector. While the nominal salary is a key indicator, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $48,440 per year.
- Growth Trend: Salaries have shifted 25.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,090.
- Outlook: Wichita, KS, supports a dedicated workforce of 500 Loan Interviewers and Clerks, indicating a stable local presence for this profession. The Location Quotient of 1.46 suggests that this role is more concentrated in Wichita than the national average, implying a potentially robust demand or a specialized local industry that relies on these positions.
Salary Overview
The average Loan Interviewers and Clerks in Wichita, KS earns-5.1%below the national average.
$23.3
$932
$4,037
Loan Interviewers and Clerks Salary Trends (2020-2024)
While specific historical data for Wichita's Loan Interviewer and Clerk salaries over the past four years is not provided, it is reasonable to assume a general upward trend in compensation, mirroring national economic patterns and inflation. Such growth typically aligns with evolving industry standards and the increasing complexity of financial services.
Loan Interviewers and Clerks Salary Distribution in Wichita, KS
Career progression for Loan Interviewers and Clerks in Wichita, KS, typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher than the average, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,850 | $18.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,330 | $17.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,110 | $22.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,550 | $29.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,090 | $28.9 |
Detailed Loan Interviewers and Clerks Market Analysis
Relocation Context
Nominal Salary
$48,440
Gross Pay
Real Wage (Purchasing Power)
$48,440
Adjusted for COL (100)
The average annual salary of $48,440 in Wichita, KS, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Loan Interviewer's or Clerk's salary in Wichita is comparable to the national average, offering a stable financial environment without significant cost-of-living advantages or disadvantages.
Job Market Context
500
Total Jobs
1.636
Per 1K Jobs
1.46
Location Quotient
With a location quotient of 1.46, Wichita, KS has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.
With a Location Quotient of 1.46, Wichita, KS, exhibits a higher concentration of Loan Interviewers and Clerks compared to the national average. This suggests a potentially competitive market for employers seeking talent, as the local availability of these professionals is notably greater than what would be expected based on national distribution alone.
Nearby Job Markets
Nearby Cities for Loan Interviewers and Clerks
| City | Salary | Dist. |
|---|---|---|
| Kansas nonmetropolitan area Loan Interviewers and Clerks Salary | $43,120↓ 11% | 67 mi |
| Enid, OK Loan Interviewers and Clerks Salary | $45,430↓ 6% | 93 mi |
Comparing salaries near Wichita, KS
Hiring Loan Interviewers and Clerkss?
Frequently Asked Questions
How much does a Loan Interviewers and Clerks make in Wichita, KS?
The median annual salary for a Loan Interviewers and Clerks in Wichita, KS is $48,440. This typically ranges from $37,850 for entry-level positions to $60,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wichita, KS is 5.1% lower than the national median of $51,050.
Is Wichita, KS a lucrative place for Loan Interviewers and Clerks?
No, not significantly more lucrative than the national average.The average salary of $48,440 is slightly below the national average, and the cost of living is exactly at the national average, offering no distinct financial advantage.
Is Wichita, KS a good place to live for Loan Interviewers and Clerks?
The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wichita, KS?
Some top paying nearby cities include Kansas nonmetropolitan area ($43,120) and Enid, OK.
How does the number of jobs per 1,000 workers compare nationally?
With 1.636 jobs per 1,000 workers, Wichita shows a slightly higher concentration of Loan Interviewer and Clerk roles compared to the national average, reinforcing the Location Quotient finding.
What is the significance of the Location Quotient (LQ) for this role in Wichita?
An LQ of 1.46 indicates that Wichita has 46% more Loan Interviewers and Clerks per capita than the national average, suggesting a specialized local demand or industry concentration.
How does the cost of living in Wichita affect the salary?
With a Cost of Living Index of 100, Wichita's cost of living is average. Therefore, the $48,440 salary has average purchasing power, neither significantly boosted nor hindered by local expenses.
What does the total local workforce size of 500 imply?
A workforce of 500 Loan Interviewers and Clerks in Wichita signifies a substantial and established presence for this occupation within the city's employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Wichita, KS area with a job density of 1.636 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 Wichita, KS