TL;DR

About 173,100 loan interviewers and clerks nationally earn a mean of $59,116. Employment in the series shown fell about 17% from the first to the last year; projections imply about 3.9% annual decline.

Key Statistics

173,100
2023 Workforce
None
Average Age
$59,116
Average Salary

Loan Interviewers and Clerks: what the data shows

Common questions about loan interviewers and clerks careers, answered from BLS OEWS and O*NET in this repository.

What is a loan interviewers and clerks?

Loan Interviewers and Clerks is tracked by the Bureau of Labor Statistics under SOC 43-4131.

U.S. employment in our OEWS extract is about 173,100 workers.

What does a loan interviewers and clerks do?

O*NET work activities rated highest for this occupation include Working with Computers, Getting Information, Performing for or Working Directly with the Public, Processing Information, Evaluating Information to Determine Compliance with Standards, Communicating with Supervisors, Peers, or Subordinates, and related tasks. See Work Activities for the full list.

How much does a loan interviewers and clerks make?

BLS national median annual wage: $48,950 (May 2024 in our extract).

Mean annual wage in our occupational extract: $59,116 — higher than the median, which often reflects top earners in the distribution.

Wage percentiles below are from the California OEWS extract (not national unless noted).

Wage percentileAnnual wage
10th percentile$40,228
25th percentile$48,901
Median (50th)$59,035
75th percentile$65,491
90th percentile$77,913

What education do you need?

For Loan Interviewers and Clerks, O*NET incumbent surveys in our extract most often report: Some college (29%), High School or Equivalent (27%), Bachelors Degree (22%).

These are education levels of current workers, not minimum legal requirements.

What skills do you need?

O*NET ratings for this occupation emphasize skills such as Active Listening, Speaking, Reading Comprehension, Critical Thinking, Writing, Complex Problem Solving, and knowledge areas including Customer and Personal Service, English Language, Administrative, Computers and Electronics. See Education & Skills for detail.

Is loan interviewers and clerks in demand?

Historical employment trend in our series implies about 3.9% annual decline (compound rate in the extract).

Five-year projected employment change: -17.8%.

Ten-year projected employment change: -32.5%.

Current U.S. headcount: 173,100.

We report federal series only—compare wages, growth, and openings against your target market.

Where do loan interviewers and clerkss work?

Top industries by employment share in our OEWS industry extract:

IndustryEmploymentShare
Cross-industry173,10019.0%
Cross-industry, Private Ownership only172,63019.0%
Finance and Insurance146,11016.1%
Credit Intermediation and Related Activities137,90015.2%
Credit Intermediation and Related Activities (5221 and 5223 only)85,2709.4%
Nondepository Credit Intermediation52,6305.8%

See Industry for charts.

What degrees lead to this career?

Common majors for Loan Interviewers and Clerks in O*NET:

See Related degrees.

Employment

Employment and salary information for the Loan Interviewers and Clerks workforce.

Employment Over Time

173,100 Workforce in 2023

The Loan Interviewers and Clerks workforce has been growing over time.

Historical employment trends for Loan Interviewers and Clerks.

Yearly Wage Ranking

$59,116 Average Wage

In 2023, Loan Interviewers and Clerks earned an average of $59,116.

Wage ranking compared to other occupations.

Wage Distribution

This chart shows the distribution of average salaries by income buckets for Loan Interviewers and Clerks.

Salary distribution for Loan Interviewers and Clerks.

Employment Growth Projections

-3.9% Compound Annual Growth Rate (CAGR)

43,831 Projected Employment (5 years)

Projected growth: -17.8%

36,017 Projected Employment (10 years)

Projected growth: -32.5%

This occupation is experiencing a decline. Consider related fields with better growth prospects.

Historical employment trends and future projections for Loan Interviewers and Clerks.

Industry

Information on the industries that employ Loan Interviewers and Clerks and on wages for those in the field.

Occupations by Industries

This graphic shows the share of Loan Interviewers and Clerks employed by various industries.

Industry distribution for Loan Interviewers and Clerks.

Wage Trends by Industry

8.2% Average Annual Wage Growth Rate

Historical wage growth trends by industry for Loan Interviewers and Clerks.

Geographic Distribution

Employment and wage information by geographic location for Loan Interviewers and Clerks.

State employment and wages are from the U.S. BLS OEWS May 2024 state extract. Metropolitan areas use the national MSA file when available.

Top States by Employment

Top States by Employment:

  • TX: 20,940 employees, $51,030 avg wage
  • CA: 14,060 employees, $57,870 avg wage
  • FL: 11,380 employees, $51,910 avg wage
  • MI: 8,160 employees, $48,970 avg wage
  • OH: 6,480 employees, $50,490 avg wage
  • IL: 6,250 employees, $53,270 avg wage
  • AZ: 5,340 employees, $52,120 avg wage
  • VA: 5,050 employees, $54,270 avg wage
  • WI: 4,900 employees, $48,540 avg wage
  • PA: 4,700 employees, $47,370 avg wage

Top 10 states by employment for Loan Interviewers and Clerks.

Top Metropolitan Areas

Top Metropolitan Areas:

  • Dallas-Fort Worth-Arlington, TX: 8,510 employees, $52,620 avg wage
  • Detroit-Warren-Dearborn, MI: 4,650 employees, $50,030 avg wage
  • Phoenix-Mesa-Chandler, AZ: 4,580 employees, $52,500 avg wage
  • New York-Newark-Jersey City, NY-NJ: 4,450 employees, $60,640 avg wage
  • Chicago-Naperville-Elgin, IL-IN: 4,410 employees, $55,550 avg wage
  • Houston-Pasadena-The Woodlands, TX: 2,880 employees, $51,820 avg wage
  • Philadelphia-Camden-Wilmington, PA-NJ-DE-MD: 2,770 employees, $54,490 avg wage
  • Washington-Arlington-Alexandria, DC-VA-MD-WV: 2,540 employees, $62,110 avg wage
  • Atlanta-Sandy Springs-Roswell, GA: 2,480 employees, $46,810 avg wage
  • Miami-Fort Lauderdale-West Palm Beach, FL: 2,110 employees, $53,260 avg wage

Top 10 metropolitan statistical areas by employment for Loan Interviewers and Clerks.

Diversity

Demographic information on Loan Interviewers and Clerks in the US.

Gender and Age

The workforce of Loan Interviewers and Clerks in 2023 was 173,100 people, with 62.0% women and 38.0% men.

Gender and age distribution for Loan Interviewers and Clerks.

Races

Racial and ethnic shares when present in the career dataset. If the chart area shows a notice instead, occupational race/ethnicity fields are not yet populated for this extract.

Race and ethnicity distribution for Loan Interviewers and Clerks.

Education & Skills

Data on higher education choices and required skills for Loan Interviewers and Clerks.

Majors

The most common majors achieved by Loan Interviewers and Clerks in 2023 were Business Administration, Business, Social Sciences.

Common majors for Loan Interviewers and Clerks.

Education Levels

The main educational levels achieved by Loan Interviewers and Clerks workers.

Education level distribution for Loan Interviewers and Clerks.

Skills

Loan Interviewers and Clerks need many skills, but most especially Active Listening, Speaking, Reading Comprehension, Critical Thinking, Writing.

Required skills for Loan Interviewers and Clerks.

Knowledge & Abilities

Knowledge areas and abilities required for Loan Interviewers and Clerks.

Knowledge Areas

The most important knowledge areas for Loan Interviewers and Clerks include Customer and Personal Service, English Language, Administrative, Computers and Electronics, Law and Government.

Knowledge areas required for Loan Interviewers and Clerks.

Abilities

Key abilities needed for Loan Interviewers and Clerks include Written Comprehension, Oral Comprehension, Speech Recognition, Speech Clarity, Oral Expression.

Required abilities for Loan Interviewers and Clerks.

Work Activities

Common work activities performed by Loan Interviewers and Clerks.

Daily Activities

Loan Interviewers and Clerks spend their time on activities such as Working with Computers, Getting Information, Performing for or Working Directly with the Public, Processing Information, Evaluating Information to Determine Compliance with Standards.

Most important work activities for Loan Interviewers and Clerks.

About

Loan Interviewers and Clerks

The average yearly wage for Loan Interviewers and Clerks was $59,116 in 2023.

SOC Code

43-4131 - Loan Interviewers and Clerks

Insights and Analysis

Compensation snapshot: Loan Interviewers and Clerks reports an average salary of $59,116.

Labor market presence: The current workforce is approximately 173,100 workers, indicating sustained demand.

Forward outlook: Projected annual decline is -3.9%, which should inform long-term career planning.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), Census Bureau American Community Survey (ACS), and O*NET Online.

All wage figures represent annual averages and may vary by location, industry, and experience level.