Loan Interviewers and Clerks Salary and Pay

The national wage ladder (BLS OEWS, May 2024)

A percentile marks a point in this occupation's pay distribution: the worker one quarter of the way up the Loan Interviewers and Clerks ladder earns the 25th percentile wage, $42,720. BLS top-codes very high wages ($239,200+ a year, $115.00+ an hour) and marks estimates it cannot publish as n/p.

Employment and concentration

May 2024 employment stood at 173,100, or 0.11% of the U.S. total. Texas leads the state table with 20,940 jobs; the top three states sum to 26.8% of the occupation. The concentration measure tells the more interesting story: South Dakota posts a location quotient of 3.26, so a worker there is far more likely to meet a colleague in this field than the national pattern suggests.

Pay inside the occupation is wide: $29,550 separates the ends of its ladder. The 90th percentile ($65,910) is 1.8 times the 10th percentile ($36,360), a gap of $29,550 a year. The mean of $51,050 sitting above the median of $48,950 tells you the top end pulls the average up: most workers cluster below the mean, and the high tail is thin.

Pay by state

Sorted by employment, the table below puts Texas first at 20,940 jobs; sorted by median pay instead, District of Columbia would lead at $77,730. Both orderings are printed in one table:

The occupation in context

Ranked against all 826 published occupations, Loan Interviewers and Clerks stands number 184 by employment and number 547 by median pay. Inside its own major group, Office and Administrative Support Occupations, the group median wage is $47,850 across 54 detailed occupations, so this occupation pays 2% more than its group median, and it supplies 1.0% of the group's 18,218,060 jobs. In 24 of the 51 states with a published median, the state median beats the national median of $48,950, which is the single best quick test of whether this occupation's pay is set nationally or locally: a high count means local markets regularly outbid the national figure.

Metropolitan areas: where the jobs and the pay sit

Dallas-Fort Worth-Arlington, TX is the largest metro employer with 8,510 jobs, 4.9% of the national total. Two rankings follow across the 339 metros BLS publishes for this occupation: where the jobs are, then where the money is, with the pay ranking restricted to metros employing at least 500 people in this occupation to keep small samples out of the lead.

Largest metro employers

Highest-paying metros (500+ jobs)

At the other end, Jackson, MS posts the lowest mean pay among metros with at least 500 jobs, $42,420 a year, against $69,450 in San Jose-Sunnyvale-Santa Clara, CA. The lowest-paying large metro and the highest are both real markets for this occupation; the difference between them is the geography premium, or penalty, in cash terms.

What the median pay looks like as a budget

Budget arithmetic on the median: $4,079 a month before tax, $1,883 biweekly, $941 weekly. Moving from the 25th percentile ($42,720) to the 75th ($59,520) is worth $16,800 a year, which is the realistic size of the experience and specialization premium inside this occupation. To turn any of these gross figures into spendable money, run them through the paycheck calculator; to weigh an offer against your current role, use the salary calculator; to test a raise against prices, the raise vs inflation calculator.

To place a real offer: a salary of $53,845 would sit between the median ($48,950) and the 75th percentile ($59,520), inside the top half but outside the top quarter of this occupation's ladder. An offer at the 25th percentile, $42,720, is $6,230 under the median, the typical size of the discount attached to entry-level or low-cost-market postings in this field.

Related occupations in Office and Administrative Support Occupations

The occupations BLS groups with this one, by size: Brokerage Clerks, New Accounts Clerks, Financial Clerks, All Other, Word Processors and Typists, Switchboard Operators, Including Answering Service, Office Machine Operators, Except Computer. Every one of the 826 published occupations is indexed on the Careers hub.