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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 |
|
United States Department of Labor
