Loan Interviewers and Clerks Salary
Loan Interviewers and Clerks in Decatur, AL make a median of $38,620 a year, or about $18.57 an hour. The range runs from $35K at the entry level to $51K for experienced workers. Cost of living is below average (RPP 87.21), which stretches that salary to about $44,284 in buying power. A 2-bedroom apartment runs $961/month, about 36.5% of take-home, which is tight.
So what does $39K get you in Decatur?
Groceries, utilities, transportation, and healthcare scaled from national averages by Decatur’s Regional Price Parity (87.21). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About loan interviewers and clerks
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What this looks like in Decatur
Pay for loan interviewers and clerks in Decatur runs about 23% below the U.S. median of $50K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $961/month, which is 36.8% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 87.21 (national = 100), meaning everyday costs run about 13% cheaper here. Your dollar stretches further than the headline salary suggests. That combination, below-market pay with high housing costs, makes this a financially demanding market for loan interviewers and clerkss.
Compared to nearby metros
Median pay for loan interviewers and clerks in metros near Decatur, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Birmingham | $47K | $51K |
| Huntsville | $43K | $46K |
| Montgomery | $38K | $42K |
| Florence-Muscle Shoals | $38K | $45K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Decatur, AL
Entry-level loan interviewers and clerks (10th percentile) start around $35K. Mid-career wages sit at $39K. Top earners bring in $51K or more, a $16K spread from bottom to top.
Loan Interviewers and Clerks pay across states
Median income ranked highest to lowest, compared to the national figure
View Loan Interviewers and Clerks salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $77K | +54% | 140 |
| Maryland | $59K | +19% | 1,590 |
| Connecticut | $59K | +18% | 970 |
| Massachusetts | $59K | +18% | 2,080 |
| New Jersey | $59K | +17% | 3,620 |
| Washington | $59K | +17% | 3,290 |
| New York | $58K | +16% | 4,780 |
| North Carolina | $58K | +16% | 4,800 |
| Delaware | $58K | +15% | 950 |
| Oregon | $58K | +15% | 1,920 |
| California | $57K | +15% | 14,680 |
| Nevada | $57K | +14% | 1,520 |
| Colorado | $57K | +13% | 2,500 |
| New Hampshire | $56K | +12% | 520 |
| Hawaii | $55K | +11% | 450 |
| Minnesota | $52K | +3% | 2,850 |
| Rhode Island | $52K | +3% | 650 |
| Michigan | $52K | +3% | 7,930 |
| Alaska | $51K | +3% | 330 |
| North Dakota | $51K | +3% | 980 |
| Florida | $51K | +1% | 10,690 |
| Virginia | $50K | +0% | 3,990 |
| Arizona | $50K | +0% | 4,700 |
| Iowa | $50K | +0% | 2,380 |
| Vermont | $50K | +0% | 290 |
| Maine | $50K | +0% | 650 |
| Illinois | $50K | -0% | 6,850 |
| Texas | $50K | -0% | 17,090 |
| Ohio | $49K | -2% | 5,800 |
| Nebraska | $49K | -2% | 1,010 |
| Wisconsin | $49K | -2% | 4,270 |
| Montana | $48K | -3% | 640 |
| Georgia | $48K | -3% | 4,020 |
| Utah | $48K | -4% | 2,820 |
| Idaho | $48K | -4% | 1,240 |
| Wyoming | $48K | -4% | 300 |
| Kentucky | $48K | -4% | 3,690 |
| Kansas | $48K | -5% | 2,770 |
| South Carolina | $48K | -5% | 2,820 |
| Pennsylvania | $47K | -5% | 4,330 |
| Indiana | $47K | -5% | 3,350 |
| Oklahoma | $47K | -6% | 3,300 |
| Missouri | $47K | -6% | 5,080 |
| South Dakota | $47K | -6% | 1,710 |
| Louisiana | $47K | -7% | 2,010 |
| New Mexico | $46K | -8% | 880 |
| Tennessee | $45K | -10% | 3,990 |
| Arkansas | $45K | -10% | 1,970 |
| West Virginia | $42K | -15% | 840 |
| Alabama | $40K | -19% | 2,960 |
| Mississippi | $39K | -22% | 1,770 |
Showing 1–10 of 51 (all 50 states + DC)
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Frequently asked questions
Can a loan interviewers and clerk afford a 2BR apartment alone in Decatur?
It’s a stretch — at the median salary of $39K, rent takes 36.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $961/month. The 30% guideline puts the comfortable ceiling at roughly $800/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for loan interviewers and clerks in Decatur?
The 10th-percentile wage — what new loan interviewers and clerks typically earn — is $35K/year. Take-home on that works out to about $2,083/month. At HUD’s $961/month FMR, rent would take 46% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan interviewers and clerk a high-paying job in Decatur?
Local pay runs 23% below the national median — $39K here vs. $50K nationally. Cost of living is 13% below the national average, which narrows that gap in real purchasing power.
How does Decatur compare to the national average for loan interviewers and clerks?
Decatur pays $39K median vs. the U.S. average of $50K — that’s -23%. After adjusting for local cost of living (RPP 87.21), the purchasing-power equivalent is $44K — below the national median.
How much do loan interviewers and clerks make in Decatur, AL?
The median is $38,620 a year, that works out to about $19 an hour. But the range is wide: entry-level workers start around $34,720, and experienced loan interviewers and clerks can clear $50,850. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $39K enough to live in Decatur?
On that salary, you'd take home roughly $2,609/month after taxes. A 2-bedroom here rents for about $961/month, which eats 36.8% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a loan interviewers and clerks salary go in Decatur?
Decatur has a Regional Price Parity of 87.21 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan interviewers and clerks salary is worth about $44,284 in national-average purchasing power.
Where do loan interviewers and clerks get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.
