Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2020
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) |
| 204,100 |
1.6 % |
$ 20.57 |
$ 42,780 |
0.4 % |
Percentile wage estimates for Loan Interviewers and Clerks:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$ 13.15 |
$ 16.22 |
$ 19.89 |
$ 24.49 |
$ 29.50 |
| Annual Wage (2) |
$ 27,350 |
$ 33,730 |
$ 41,370 |
$ 50,950 |
$ 61,360 |
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) |
99,130 |
4.88 |
$ 20.65 |
$ 42,950 |
| Nondepository Credit Intermediation |
67,160 |
11.62 |
$ 20.03 |
$ 41,660 |
| Management of Companies and Enterprises |
12,270 |
0.51 |
$ 21.46 |
$ 44,640 |
| Legal Services |
5,580 |
0.49 |
$ 20.53 |
$ 42,710 |
| Insurance Carriers |
5,220 |
0.43 |
$ 22.19 |
$ 46,160 |
Industries with the highest concentration of employment in Loan Interviewers and Clerks:
Top paying industries for Loan Interviewers and Clerks:
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.
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 |
23,050 |
1.90 |
1.30 |
$ 20.24 |
$ 42,110 |
| California |
18,620 |
1.13 |
0.77 |
$ 22.98 |
$ 47,800 |
| Florida |
10,210 |
1.21 |
0.82 |
$ 20.85 |
$ 43,360 |
| Missouri |
8,590 |
3.19 |
2.18 |
$ 18.04 |
$ 37,520 |
| Virginia |
8,080 |
2.18 |
1.49 |
$ 21.50 |
$ 44,710 |
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 |
1,960 |
4.76 |
3.24 |
$ 18.80 |
$ 39,100 |
| Missouri |
8,590 |
3.19 |
2.18 |
$ 18.04 |
$ 37,520 |
| Delaware |
1,070 |
2.50 |
1.71 |
$ 20.32 |
$ 42,270 |
| Oklahoma |
3,800 |
2.43 |
1.66 |
$ 17.64 |
$ 36,690 |
| Arizona |
6,710 |
2.37 |
1.61 |
$ 21.39 |
$ 44,480 |
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) |
| New Jersey |
4,010 |
1.06 |
0.72 |
$ 23.53 |
$ 48,930 |
| Oregon |
2,580 |
1.43 |
0.97 |
$ 23.19 |
$ 48,230 |
| California |
18,620 |
1.13 |
0.77 |
$ 22.98 |
$ 47,800 |
| Alaska |
420 |
1.40 |
0.96 |
$ 22.95 |
$ 47,730 |
| Hawaii |
720 |
1.26 |
0.86 |
$ 22.93 |
$ 47,680 |
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) |
| Dallas-Fort Worth-Arlington, TX |
9,430 |
2.63 |
1.79 |
$ 20.76 |
$ 43,190 |
| Los Angeles-Long Beach-Anaheim, CA |
8,540 |
1.47 |
1.00 |
$ 22.54 |
$ 46,890 |
| New York-Newark-Jersey City, NY-NJ-PA |
7,240 |
0.82 |
0.56 |
$ 23.74 |
$ 49,370 |
| Phoenix-Mesa-Scottsdale, AZ |
6,200 |
2.94 |
2.00 |
$ 21.45 |
$ 44,610 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
6,000 |
1.99 |
1.35 |
$ 22.30 |
$ 46,390 |
| Chicago-Naperville-Elgin, IL-IN-WI |
5,630 |
1.29 |
0.88 |
$ 20.89 |
$ 43,450 |
| St. Louis, MO-IL |
3,940 |
3.03 |
2.06 |
$ 19.22 |
$ 39,970 |
| Minneapolis-St. Paul-Bloomington, MN-WI |
3,750 |
2.03 |
1.38 |
$ 21.80 |
$ 45,330 |
| Houston-The Woodlands-Sugar Land, TX |
3,660 |
1.23 |
0.84 |
$ 20.55 |
$ 42,750 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
3,620 |
1.34 |
0.91 |
$ 20.53 |
$ 42,700 |
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) |
| Monroe, LA |
650 |
9.07 |
6.18 |
$ 16.71 |
$ 34,760 |
| Sioux Falls, SD |
880 |
5.72 |
3.90 |
$ 19.00 |
$ 39,530 |
| Lewiston-Auburn, ME |
260 |
5.58 |
3.80 |
$ 18.78 |
$ 39,070 |
| Carbondale-Marion, IL |
280 |
5.54 |
3.77 |
$ 15.23 |
$ 31,690 |
| Columbia, MO |
440 |
4.95 |
3.37 |
$ 15.87 |
$ 33,000 |
| Rapid City, SD |
270 |
4.18 |
2.85 |
$ 19.61 |
$ 40,790 |
| Des Moines-West Des Moines, IA |
1,440 |
4.07 |
2.78 |
$ 20.17 |
$ 41,960 |
| Jefferson City, MO |
290 |
3.98 |
2.71 |
$ 17.19 |
$ 35,760 |
| Pocatello, ID |
130 |
3.92 |
2.67 |
$ 18.50 |
$ 38,470 |
| Oshkosh-Neenah, WI |
340 |
3.72 |
2.54 |
$ 19.10 |
$ 39,720 |
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) |
| Danbury, CT |
80 |
1.19 |
0.81 |
$ 25.94 |
$ 53,960 |
| North Port-Sarasota-Bradenton, FL |
360 |
1.24 |
0.84 |
$ 25.32 |
$ 52,670 |
| Boulder, CO |
110 |
0.63 |
0.43 |
$ 25.21 |
$ 52,430 |
| Portland-Vancouver-Hillsboro, OR-WA |
1,660 |
1.45 |
0.99 |
$ 25.16 |
$ 52,340 |
| Ames, IA |
50 |
1.24 |
0.85 |
$ 25.08 |
$ 52,160 |
| Salinas, CA |
60 |
0.33 |
0.22 |
$ 24.97 |
$ 51,930 |
| San Francisco-Oakland-Hayward, CA |
2,670 |
1.15 |
0.78 |
$ 24.90 |
$ 51,790 |
| San Jose-Sunnyvale-Santa Clara, CA |
590 |
0.54 |
0.37 |
$ 24.89 |
$ 51,760 |
| Yakima, WA |
70 |
0.74 |
0.51 |
$ 24.89 |
$ 51,760 |
| Olympia-Tumwater, WA |
90 |
0.84 |
0.57 |
$ 24.46 |
$ 50,870 |
Nonmetropolitan areas with the highest employment in Loan Interviewers and Clerks:
Nonmetropolitan areas with the highest concentration of jobs and location quotients in Loan Interviewers and Clerks:
Top paying nonmetropolitan areas for Loan Interviewers and Clerks:
About May 2020 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.
(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 2020 National Occupational Employment and Wage Estimates
May 2020 State Occupational Employment and Wage Estimates
May 2020 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2020 National Industry-Specific Occupational Employment and Wage Estimates
May 2020 Occupation Profiles
Technical Notes
Last Modified Date: March 31, 2021
United States Department of Labor
