SOC 43-4131 · May 2025 · BLS OEWS
Loan Interviewers and Clerks — Memphis
Memphis, TN-MS-AR · 8 metro areas compared
The median wage for Loan Interviewers and Clerks in Memphis, TN is $45,010 per year, 10.0% below the national median of $50,020.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Loan Interviewers and Clerks in Memphis, TN is $45,010 per year, 10.0% below the national median of $50,020. Pay ranges from under $35,350 at the tenth percentile to more than $63,510 at the ninetieth, with the interquartile range running from $38,220 to $50,190.
Employment stands at 650, or 1.1 jobs per thousand held locally. Nashville leads the state's metro areas for this occupation, at $50,130. Set against every other occupation measured in the same area, it ranks 397th of 564 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $35,350 | −29.3% |
| 25th | $38,220 | −23.6% |
| Median (50th) | $45,010 | −10.0% |
| 75th | $50,190 | +0.3% |
| 90th | $63,510 | +27.0% |
| Mean | $47,190 | −5.7% |
Other metro areas in Tennessee
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Nashville | $50,130 | 950 | |
| 2 | Kingsport | $44,790 | 110 | |
| 3 | Knoxville | $44,090 | 630 | |
| 4 | Clarksville | $44,040 | 100 | |
| 5 | Cleveland | $43,490 | 50 | |
| 6 | Morristown | $42,730 | 40 | |
| 7 | Chattanooga | $42,220 | 340 | |
| 8 | Johnson City | $41,730 | 80 |
What the pay is worth locally
Prices in Memphis run 8.1% below the national average, so the median of $45,010 goes as far as $48,977 would elsewhere in the country. Measured that way it compares to the national median at 2.1% below the national median in real terms.
Published median
$45,010as reported by BLSLocal price level
91.9US average = 100 · BEA 2024Adjusted for local prices
$48,977US average = 100 · BEA 2024Key takeaways
- Median pay is $45,010 a year, 10.0% below the national median.
- Published pay spans $35,350 to $63,510 between the tenth and ninetieth percentiles.
- The area has 650 jobs in this occupation.
- The highest-paying metro area covered is Nashville, at $50,130.
Frequently asked questions
What is the median wage for Loan Interviewers and Clerks in Memphis, TN?
The median annual wage is $45,010, or $21.64 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $50,020, so pay in Memphis, TN is 10.0% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Memphis, TN earns more than $63,510 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $35,350 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Nashville, at $50,130 per year.
How many jobs are there in this occupation here?
The survey estimates 650 jobs in this occupation in Memphis, TN. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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