Loan Interviewers and Clerks (43-4131) in Norwich-New London Labor Market Area

Connecticut Labor Market Information Home

Loan Interviewers and Clerks (43-4131) in Norwich-New London Labor Market Area

Home Statewide Wages Statewide Industry Labor Market Area Workforce Development Area Historical Datafiles

Select Area

Select Occupation

Norwich-New London LMA (1Q 2023)
All Industry
Estimated employment		160
Mean wage		$23.16
Entry wage		$17.86
10th percentile wage		$17.17
50th percentile wage		$23.55
90th percentile wage		$29.97

Top Employing Industries
Industry	Employment / Percent
Credit Intermediation and Related Activities	100	64.7%

Top Paying Industries
Industry	Employment / Median Wage
Credit Intermediation and Related Activities	100	$23.41

Loan Interviewers and Clerks (43-4131)

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.


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$23.55		$22.66		$0.89
2022	$22.80	+3.3%	$21.94	+3.3%	$0.86
2021	$21.56	+5.8%	$20.74	+5.8%	$0.81
2020	$20.83	+3.5%	$20.05	+3.5%	$0.79
2019	$20.26	+2.9%	$19.49	+2.9%	$0.77
2018	$19.63	+3.2%	$18.89	+3.2%	$0.74
2017	$18.98	+3.4%	$18.27	+3.4%	$0.72
2016	$18.49	+2.7%	$17.79	+2.7%	$0.70
2015	$17.94	+3.1%	$17.27	+3.1%	$0.68
2014	$17.55	+2.2%	$16.89	+2.2%	$0.66
Year	This Occupation		Compared to All Occupations		Difference
Current	$23.55		$24.55		-$1.00
2022	$22.80	+3.3%	$23.73	+3.4%	-$0.93
2021	$21.56	+5.8%	$22.46	+5.7%	-$0.90
2020	$20.83	+3.5%	$21.69	+3.5%	-$0.85
2019	$20.26	+2.9%	$21.07	+2.9%	-$0.81
2018	$19.63	+3.2%	$20.46	+3.0%	-$0.82
2017	$18.98	+3.4%	$19.87	+2.9%	-$0.88
2016	$18.49	+2.7%	$19.41	+2.4%	-$0.91
2015	$17.94	+3.1%	$18.92	+2.6%	-$0.97
2014	$17.55	+2.2%	$18.52	+2.2%	-$0.96

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2023

Top Areas For This Occupation

Best Pay
Median Wage / Employment
Bridgeport-Stamford	$25.82	390
Danbury	$25.34	100
New Haven	$24.48	210
Hartford	$24.34	650
Norwich-New London	$23.55	160

Highest Employment
Median Wage / Employment
Hartford	$24.34	650
Bridgeport-Stamford	$25.82	390
New Haven	$24.48	210
Norwich-New London	$23.55	160
Danbury	$25.34	100


	State of Connecticut Department of Labor - Office of Research 200 Folly Brook Boulevard, Wethersfield, CT 06109 LMI Home \| CTDOL Home \| CT.gov \| Feedback \| Disclaimer \| Privacy Policy \| Accessibility Policy This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more)