Occupational Employment and Wages, 2002

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
State profile for this occupation
Metropolitan area profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
163,660 1.7 % $14.09 $29,300 0.4 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $9.25 $10.97 $13.38 $16.58 $20.23
Annual Wage (2) $19,230 $22,830 $27,830 $34,490 $42,090

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Depository credit intermediation 71,340 $13.32 $27,710 1 21
Nondepository credit intermediation 47,110 $14.70 $30,580 2 13
Activities related to credit intermediation 16,820 $14.96 $31,120 3 10
Management of companies and enterprises 9,170 $14.31 $29,760 4 14
Insurance carriers 5,450 $14.86 $30,920 5 11

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Land subdivision 110 $21.30 $44,300 24 1
Automobile dealers 170 $19.32 $40,180 20 2
Residential building construction 380 $18.86 $39,230 15 3
Securities and commodity contracts brokerage 860 $16.56 $34,440 10 4
Activities related to real estate 510 $15.84 $32,950 14 5

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
South Dakota 1,300 $10.95 $22,780 0.357% 350
Missouri 5,730 $13.23 $27,510 0.217% 427
Colorado 4,630 $15.74 $32,750 0.217% 358
Arizona 4,850 $14.45 $30,060 0.216% 346
Montana 820 $11.26 $23,430 0.209% 389

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Alaska 530 $15.97 $33,220 0.185% 288
District of Columbia (6) $15.92 $33,110 (6) 296
Michigan 4,700 $15.85 $32,970 0.108% 392
Illinois 4,740 $15.83 $32,920 0.082% 397
California 18,870 $15.78 $32,830 0.130% 438

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Sioux Falls, SD MSA 590 $11.09 $23,060 0.519%
Jacksonville, FL MSA 2,150 $12.83 $26,690 0.398%
Buffalo-Niagara Falls, NY MSA 1,720 $12.83 $26,680 0.324%
Manchester, NH PMSA 330 $13.86 $28,840 0.323%
Tampa-St. Petersburg-Clearwater, FL MSA 3,540 $14.68 $30,530 0.300%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
San Francisco, CA PMSA 1,270 $19.65 $40,860 0.127%
Detroit, MI PMSA 2,520 $17.45 $36,290 0.125%
Vallejo-Fairfield-Napa, CA PMSA 120 $17.31 $36,010 0.065%
Bridgeport, CT PMSA 110 $17.26 $35,890 0.060%
Boulder-Longmont, CO PMSA 220 $17.05 $35,460 0.138%

About 2002 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

To see profiles of other occupations, select from the major groups below:

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. 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) Data for detailed occupations does not sum to the totals because the totals include data for 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 mean 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.

(6) Estimates not released.

All Office and Administrative Support Occupations

2002 State Occupational Employment and Wage Estimates

2002 Metropolitan Area Occupational Employment and Wage Estimates

2002 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download 2002 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

 

Last Modified Date: November 26, 2003