The annual salary statistics of loan interviewers and clerks in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage information of loan interviewers and clerks in Waterloo-Cedar Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $36,380 |
| 25th Percentile Wage | $37,730 |
| 50th Percentile Wage | $40,190 |
| 75th Percentile Wage | $48,200 |
| 90th Percentile Wage | $58,310 |
Table 1 shows the average annual salary for loan interviewers and clerks in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $58,310. The median (50th percentile) annual salary is $40,190. The average annual salary for the bottom 10 percent earners is $36,380.
The table and chart below show the trend of the median salary of loan interviewers and clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $40,190 | 4.30% | 22.02% |
| 2021 | $38,460 | -15.44% | - |
| 2020 | $44,400 | 6.80% | - |
| 2019 | $41,380 | 12.01% | - |
| 2018 | $36,410 | 5.30% | - |
| 2017 | $34,480 | 5.42% | - |
| 2016 | $32,610 | 0.43% | - |
| 2015 | $32,470 | -0.89% | - |
| 2014 | $32,760 | 5.53% | - |
| 2013 | $30,950 | -1.26% | - |
| 2012 | $31,340 | - | - |
From Table 3 we note that the median annual salary of $40,190 in Waterloo-Cedar Falls is in the middle of salary range for loan interviewers and clerks in state of Iowa. In comparison, the annual salary of loan interviewers and clerks in Waterloo-Cedar Falls is 16.7 percent (16.7%) lower than that in the highest paying Des Moines-West Des Moines and 2.6 percent (2.6%) higher than that in the lowest paying Northeast Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Iowa City | |
| Ames | |
| Cedar Rapids | |
| Dubuque | |
| Southwest Iowa nonmetropolitan area | |
| Southeast Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Davenport-Moline-Rock Island | |
| Northwest Iowa nonmetropolitan area | |
| Northeast Iowa nonmetropolitan area |