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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2019

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 this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation:

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
208,530 1.5 % $20.17 $41,960 0.3 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $12.79 $15.98 $19.54 $24.04 $28.89
Annual Wage (2) $26,610 $33,230 $40,640 $50,010 $60,090


Industry profile for this occupation:

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

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Credit Intermediation and Related Activities (5221 And 5223 only) 100,840 4.93 $20.18 $41,970
Nondepository Credit Intermediation 66,970 11.76 $19.82 $41,220
Management of Companies and Enterprises 13,770 0.56 $21.02 $43,710
Legal Services 5,400 0.47 $20.05 $41,700
Insurance Carriers 5,220 0.44 $21.17 $44,040

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Nondepository Credit Intermediation 66,970 11.76 $19.82 $41,220
Credit Intermediation and Related Activities (5221 And 5223 only) 100,840 4.93 $20.18 $41,970
Management of Companies and Enterprises 13,770 0.56 $21.02 $43,710
Legal Services 5,400 0.47 $20.05 $41,700
Insurance Carriers 5,220 0.44 $21.17 $44,040

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Residential Building Construction 270 0.03 $23.19 $48,230
State Government, excluding schools and hospitals (OES Designation) 40 (7) $22.33 $46,440
Real Estate 2,640 0.16 $22.24 $46,260
Other Motor Vehicle Dealers 80 0.05 $21.88 $45,510
Automobile Dealers 1,510 0.12 $21.57 $44,870


Geographic profile for this occupation:

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





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Texas 23,360 1.88 1.32 $20.64 $42,930
California 18,840 1.08 0.76 $22.52 $46,840
Florida 10,970 1.25 0.88 $20.97 $43,610
Illinois 8,990 1.49 1.05 $19.99 $41,570
Ohio 8,110 1.49 1.05 $19.49 $40,540




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
South Dakota 1,830 4.31 3.04 $17.77 $36,950
Missouri 7,890 2.80 1.97 $18.27 $38,000
Oklahoma 4,160 2.57 1.81 $16.95 $35,260
Rhode Island 1,230 2.54 1.79 $21.94 $45,630
Iowa 3,780 2.44 1.72 $18.83 $39,160




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Massachusetts 2,360 0.65 0.46 $22.74 $47,290
Connecticut 1,670 1.00 0.71 $22.65 $47,100
California 18,840 1.08 0.76 $22.52 $46,840
New Jersey 4,450 1.09 0.77 $22.42 $46,630
Oregon 2,690 1.41 0.99 $22.41 $46,620





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Dallas-Fort Worth-Arlington, TX 9,860 2.70 1.90 $21.51 $44,740
Los Angeles-Long Beach-Anaheim, CA 8,460 1.36 0.96 $22.18 $46,130
New York-Newark-Jersey City, NY-NJ-PA 7,570 0.78 0.55 $23.09 $48,040
Chicago-Naperville-Elgin, IL-IN-WI 6,630 1.42 1.00 $20.83 $43,330
Phoenix-Mesa-Scottsdale, AZ 6,490 3.06 2.15 $20.39 $42,420
Washington-Arlington-Alexandria, DC-VA-MD-WV 5,930 1.86 1.31 $22.28 $46,340
Minneapolis-St. Paul-Bloomington, MN-WI 4,400 2.23 1.57 $20.97 $43,620
Houston-The Woodlands-Sugar Land, TX 3,970 1.30 0.92 $21.04 $43,770
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 3,940 1.37 0.97 $19.93 $41,450
St. Louis, MO-IL 3,540 2.58 1.82 $19.06 $39,650




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Monroe, LA 680 8.90 6.27 $16.16 $33,610
Carbondale-Marion, IL 300 5.68 4.00 $14.74 $30,670
Lewiston-Auburn, ME 270 5.46 3.85 $18.21 $37,870
Sioux Falls, SD 780 5.00 3.52 $18.20 $37,850
Columbia, MO 470 4.94 3.48 $16.70 $34,730
Winchester, VA-WV 250 4.22 2.97 $19.30 $40,140
Jefferson City, MO 280 3.83 2.70 $17.47 $36,330
Rapid City, SD 240 3.71 2.61 $18.93 $39,370
Oshkosh-Neenah, WI 320 3.38 2.38 $18.38 $38,230
Enid, OK 80 3.33 2.35 $20.55 $42,750




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Salinas, CA 50 0.26 0.19 $26.22 $54,540
Sacramento--Roseville--Arden-Arcade, CA 1,100 1.09 0.76 $25.34 $52,710
Wilmington, NC 200 1.52 1.07 $24.71 $51,390
San Jose-Sunnyvale-Santa Clara, CA 470 0.41 0.29 $24.15 $50,220
San Francisco-Oakland-Hayward, CA 2,980 1.20 0.85 $23.93 $49,770
Santa Cruz-Watsonville, CA (8) (8) (8) $23.83 $49,560
Portland-Vancouver-Hillsboro, OR-WA 1,850 1.53 1.08 $23.80 $49,490
Danbury, CT (8) (8) (8) $23.70 $49,300
Santa Maria-Santa Barbara, CA 100 0.55 0.38 $23.61 $49,110
Chico, CA 50 0.62 0.44 $23.49 $48,860

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
East South Dakota nonmetropolitan area 530 4.02 2.83 $16.74 $34,830
Southeast Oklahoma nonmetropolitan area 530 3.13 2.20 $15.18 $31,580
Southeast Coastal North Carolina nonmetropolitan area 520 2.10 1.48 $18.85 $39,210
Southeast Missouri nonmetropolitan area 510 3.12 2.20 $16.34 $33,990
North Texas Region of Texas nonmetropolitan area 500 1.79 1.26 $19.29 $40,120

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West South Dakota nonmetropolitan area 240 4.03 2.84 $17.26 $35,900
East South Dakota nonmetropolitan area 530 4.02 2.83 $16.74 $34,830
Southwest Missouri nonmetropolitan area 260 3.43 2.42 $15.18 $31,560
North Missouri nonmetropolitan area 370 3.36 2.37 $15.54 $32,320
Southwest Mississippi nonmetropolitan area 240 3.34 2.35 $15.23 $31,680

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Alaska nonmetropolitan area 40 0.38 0.27 $24.76 $51,500
North Central Tennessee nonmetropolitan area 170 1.52 1.07 $21.32 $44,350
Northwest Colorado nonmetropolitan area 80 0.66 0.46 $20.93 $43,520
Arizona nonmetropolitan area 40 0.47 0.33 $20.87 $43,400
West North Dakota nonmetropolitan area 210 1.70 1.20 $20.65 $42,960


About May 2019 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.

(7) The value is less than .005 percent of industry employment.

(8) Estimate not released.

(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 OES estimates and related information:

May 2019 National Occupational Employment and Wage Estimates

May 2019 State Occupational Employment and Wage Estimates

May 2019 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2019 National Industry-Specific Occupational Employment and Wage Estimates

May 2019 Occupation Profiles

Technical Notes

 

Last Modified Date: July 6, 2020