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Loan Interviewers and Clerks (43-4131) in Torrington Labor Market Area
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Torrington LMA (1Q 2023)
All Industry
Estimated employment20
Mean wage$25.45
Entry wage$18.45
10th percentile wage$18.66
50th percentile wage$26.62
90th percentile wage$30.43
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
YearThis OccupationCompared to Occupational GroupDifference
Current  $26.62 $22.29 $4.33
2022$25.77+3.3%$21.58+3.3%$4.19
2021$24.37+5.8%$20.40+5.8%$3.96
2020$23.55+3.5%$19.72+3.5%$3.83
2019$22.90+2.9%$19.17+2.9%$3.72
2018$22.19+3.2%$18.58+3.2%$3.61
2017$21.46+3.4%$17.97+3.4%$3.49
2016$20.90+2.7%$17.50+2.7%$3.40
2015$20.28+3.1%$16.98+3.1%$3.30
2014$19.84+2.2%$16.61+2.2%$3.23
YearThis OccupationCompared to All OccupationsDifference
Current  $26.62 $23.40 $3.22
2022$25.77+3.3%$22.62+3.4%$3.15
2021$24.37+5.8%$21.40+5.7%$2.96
2020$23.55+3.5%$20.67+3.5%$2.88
2019$22.90+2.9%$20.08+2.9%$2.81
2018$22.19+3.2%$19.50+3.0%$2.70
2017$21.46+3.4%$18.94+2.9%$2.52
2016$20.90+2.7%$18.50+2.4%$2.40
2015$20.28+3.1%$18.03+2.6%$2.25
2014$19.84+2.2%$17.65+2.2%$2.19
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
Torrington $26.62  20  
Highest Employment
Median Wage / Employment
Torrington $26.62  20  
Wages in other areas
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