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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2022

43-4131 Loan Interviewers and Clerks

Interview loan applicants to elicit information; investigate applicants’ backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.


National estimates for Loan Interviewers and Clerks
Industry profile for Loan Interviewers and Clerks
Geographic profile for Loan Interviewers and Clerks

National estimates for Loan Interviewers and Clerks:

Employment estimate and mean wage estimates for Loan Interviewers and Clerks:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
242,630 1.9 % $ 22.47 $ 46,740 0.3 %

Percentile wage estimates for Loan Interviewers and Clerks:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 15.27 $ 18.21 $ 22.35 $ 25.84 $ 29.78
Annual Wage (2) $ 31,750 $ 37,890 $ 46,490 $ 53,740 $ 61,940


Industry profile for Loan Interviewers and Clerks:

Industries with the highest published employment and wages for Loan Interviewers and Clerks are provided. For a list of all industries with employment in Loan Interviewers and Clerks, see the Create Customized Tables function.

Industries with the highest levels of employment in Loan Interviewers and Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Credit Intermediation and Related Activities (5221 and 5223 only) 109,160 5.39 $ 22.38 $ 46,550
Nondepository Credit Intermediation 87,170 14.13 $ 22.22 $ 46,220
Management of Companies and Enterprises 13,650 0.51 $ 23.53 $ 48,940
Insurance Carriers 8,920 0.74 $ 23.64 $ 49,170
Legal Services 8,320 0.70 $ 22.54 $ 46,870

Industries with the highest concentration of employment in Loan Interviewers and Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Nondepository Credit Intermediation 87,170 14.13 $ 22.22 $ 46,220
Credit Intermediation and Related Activities (5221 and 5223 only) 109,160 5.39 $ 22.38 $ 46,550
Other Investment Pools and Funds 160 0.92 $ 17.63 $ 36,670
Monetary Authorities-Central Bank 190 0.90 $ 20.43 $ 42,490
Insurance Carriers 8,920 0.74 $ 23.64 $ 49,170

Top paying industries for Loan Interviewers and Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Land Subdivision 40 0.11 $ 27.30 $ 56,780
Other Professional, Scientific, and Technical Services 110 0.01 $ 26.56 $ 55,250
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 1,570 0.15 $ 26.47 $ 55,060
Residential Building Construction 460 0.05 $ 26.27 $ 54,630
Automobile Dealers 630 0.05 $ 26.17 $ 54,440


Geographic profile for Loan Interviewers and Clerks:

States and areas with the highest published employment, location quotients, and wages for Loan Interviewers and Clerks are provided. For a list of all areas with employment in Loan Interviewers and Clerks, see the Create Customized Tables function.



Map of employment of loan interviewers and clerks by state, May 2022


States with the highest employment level in Loan Interviewers and Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Texas 26,150 2.01 1.23 $ 22.16 $ 46,090
California 25,190 1.43 0.87 $ 24.00 $ 49,920
Florida 18,570 2.02 1.23 $ 23.01 $ 47,860
Michigan 10,310 2.43 1.48 $ 23.55 $ 48,990
Arizona 9,790 3.23 1.97 $ 23.40 $ 48,660


Map of location quotient of loan interviewers and clerks by state, May 2022


States with the highest concentration of jobs and location quotients in Loan Interviewers and Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
South Dakota 1,890 4.33 2.64 $ 19.96 $ 41,520
Arizona 9,790 3.23 1.97 $ 23.40 $ 48,660
Oklahoma 4,040 2.52 1.53 $ 19.64 $ 40,850
Michigan 10,310 2.43 1.48 $ 23.55 $ 48,990
Kansas 3,270 2.37 1.45 $ 22.06 $ 45,880


Map of annual mean wages of loan interviewers and clerks by state, May 2022


Top paying states for Loan Interviewers and Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 150 0.21 0.13 $ 33.97 $ 70,660
New York 6,860 0.75 0.46 $ 26.35 $ 54,820
Massachusetts 3,510 0.98 0.60 $ 25.76 $ 53,580
Washington 5,670 1.67 1.02 $ 24.87 $ 51,730
New Jersey 5,750 1.40 0.85 $ 24.39 $ 50,740



Map of employment of loan interviewers and clerks by area, May 2022


Metropolitan areas with the highest employment level in Loan Interviewers and Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Los Angeles-Long Beach-Anaheim, CA 10,780 1.77 1.08 $ 23.43 $ 48,730
Dallas-Fort Worth-Arlington, TX 10,180 2.68 1.63 $ 22.90 $ 47,630
Phoenix-Mesa-Scottsdale, AZ 8,780 3.96 2.41 $ 23.58 $ 49,050
New York-Newark-Jersey City, NY-NJ-PA 7,270 0.79 0.48 $ 27.12 $ 56,400
Detroit-Warren-Dearborn, MI 6,210 3.33 2.03 $ 24.46 $ 50,880
Chicago-Naperville-Elgin, IL-IN-WI 5,610 1.27 0.77 $ 24.17 $ 50,280
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 4,500 1.63 0.99 $ 23.28 $ 48,420
Miami-Fort Lauderdale-West Palm Beach, FL 4,450 1.70 1.03 $ 23.04 $ 47,930
Washington-Arlington-Alexandria, DC-VA-MD-WV 4,200 1.39 0.85 $ 24.79 $ 51,570
Denver-Aurora-Lakewood, CO 4,110 2.65 1.62 $ 24.51 $ 50,980


Map of location quotient of loan interviewers and clerks by area, May 2022


Metropolitan areas with the highest concentration of jobs and location quotients in Loan Interviewers and Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Columbia, MO 810 8.48 5.17 $ 21.07 $ 43,830
Sioux Falls, SD 790 4.91 2.99 $ 20.32 $ 42,260
Wausau, WI 300 4.32 2.63 $ 17.94 $ 37,300
Phoenix-Mesa-Scottsdale, AZ 8,780 3.96 2.41 $ 23.58 $ 49,050
Lewiston-Auburn, ME 190 3.93 2.39 $ 22.52 $ 46,840
Pensacola-Ferry Pass-Brent, FL 690 3.79 2.31 $ 21.98 $ 45,720
Niles-Benton Harbor, MI 210 3.56 2.17 $ 20.87 $ 43,410
Des Moines-West Des Moines, IA 1,270 3.43 2.09 $ 22.98 $ 47,800
Rapid City, SD 240 3.42 2.08 $ 19.84 $ 41,260
Detroit-Warren-Dearborn, MI 6,210 3.33 2.03 $ 24.46 $ 50,880


Map of annual mean wages of loan interviewers and clerks by area, May 2022


Top paying metropolitan areas for Loan Interviewers and Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Salinas, CA 100 0.54 0.33 $ 28.10 $ 58,450
San Francisco-Oakland-Hayward, CA 2,810 1.17 0.72 $ 27.79 $ 57,810
New York-Newark-Jersey City, NY-NJ-PA 7,270 0.79 0.48 $ 27.12 $ 56,400
San Jose-Sunnyvale-Santa Clara, CA 1,010 0.90 0.55 $ 27.01 $ 56,170
Danbury, CT 100 1.35 0.82 $ 26.78 $ 55,700
Boston-Cambridge-Nashua, MA-NH 2,800 1.03 0.63 $ 26.26 $ 54,630
Kahului-Wailuku-Lahaina, HI 40 0.58 0.35 $ 25.74 $ 53,540
Seattle-Tacoma-Bellevue, WA 3,700 1.82 1.11 $ 25.57 $ 53,190
North Port-Sarasota-Bradenton, FL 460 1.48 0.90 $ 25.48 $ 52,990
San Luis Obispo-Paso Robles-Arroyo Grande, CA 120 1.02 0.62 $ 25.47 $ 52,970

Nonmetropolitan areas with the highest employment in Loan Interviewers and Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Kansas nonmetropolitan area 650 1.69 1.03 $ 19.42 $ 40,390
East South Dakota nonmetropolitan area 550 4.21 2.57 $ 19.66 $ 40,890
Northeast Mississippi nonmetropolitan area 510 2.26 1.38 $ 18.76 $ 39,020
North Texas Region of Texas nonmetropolitan area 450 1.65 1.01 $ 19.61 $ 40,790
Southeast Oklahoma nonmetropolitan area 440 2.65 1.61 $ 17.78 $ 36,970

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Loan Interviewers and Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
East South Dakota nonmetropolitan area 550 4.21 2.57 $ 19.66 $ 40,890
West South Dakota nonmetropolitan area 240 3.85 2.35 $ 19.49 $ 40,540
Southwest Oklahoma nonmetropolitan area 220 3.63 2.21 $ 18.58 $ 38,640
North Arkansas nonmetropolitan area 350 3.05 1.86 $ 19.73 $ 41,030
Northeast Oklahoma nonmetropolitan area 350 3.04 1.85 $ 17.94 $ 37,310

Top paying nonmetropolitan areas for Loan Interviewers and Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West North Dakota nonmetropolitan area 160 1.48 0.90 $ 24.43 $ 50,820
Northwest Colorado nonmetropolitan area 160 1.31 0.80 $ 24.03 $ 49,980
North Coast Region of California nonmetropolitan area 70 0.70 0.43 $ 23.98 $ 49,880
Hawaii / Kauai nonmetropolitan area 100 0.99 0.60 $ 23.91 $ 49,720
Central Utah nonmetropolitan area 50 0.87 0.53 $ 23.47 $ 48,820


About May 2022 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2022 National Occupational Employment and Wage Estimates

May 2022 State Occupational Employment and Wage Estimates

May 2022 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2022 National Industry-Specific Occupational Employment and Wage Estimates

May 2022 Occupation Profiles

Technical Notes

 

Last Modified Date: April 25, 2023