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Loan Servicing Clerk III Salary in Jackson, MS

How much does a Loan Servicing Clerk III make in Jackson, MS?

As of January 01, 2026, the average salary for a Loan Servicing Clerk III in Jackson, MS is $45,944 per year, which breaks down to an hourly rate of $22.

However, a Loan Servicing Clerk III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $53,308
  • Majority Range (25th-75th percentile): $42,786 to $49,798
  • Entry-Level (10th percentile): $39,911
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View as table View as graph 25% $42,786 10% $39,911 90% $53,308 75% $49,798 $45,944 50%(Median) Didn’t find job title? Click

Loan Servicing Clerk III Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $49,798 $4,150 $958 $24
Average $45,944 $3,829 $884 $22
25th Percentile $42,786 $3,566 $823 $21
Check out Loan Servicing Clerk III Job Openings in Jackson, MS
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Key Factors That Influence Loan Servicing Clerk III Salaries

A Loan Servicing Clerk III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

How Experience Level Affects Loan Servicing Clerk Salaries?

Experience is a primary driver of a Loan Servicing Clerk III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Loan Servicing Clerk I (0-1 years): $37,121
  • Loan Servicing Clerk II (1-3 years): $41,355
  • Loan Servicing Clerk III (3-5 years): $45,944
  • Loan Servicing Supervisor (5+ years): $56,478
  • Loan Servicing Manager (5+ years): $85,682
Job Role Years of Experience Average Salary
Loan Servicing Clerk I0-1 years$37,121
Loan Servicing Clerk II1-3 years$41,355
Loan Servicing Clerk III3-5 years$45,944
Loan Servicing Supervisor5+ years$56,478
Loan Servicing Manager5+ years$85,682
$37,121 Loan Serv...
$41,355 Loan Serv...
$45,944 Loan Serv...
$56,478 Loan Serv...
$85,682 Loan Serv...
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What Am I Worth?

Top Paying Cities for Loan Servicing Clerk IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $65,178
  • San Francisco: $64,537
  • Oakland: $63,106

What Skills Can Increase a Loan Servicing Clerk III's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 8.8% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Data Entry (Mentioned in 1.77% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
  • Financial Services (Mentioned in 1.4% Job Postings): A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
See More Skills
Skills Demand Percentage
Customer Service 8.8%
Data Entry 1.77%
Financial Services 1.4%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Servicing Clerk III's salary.
  • Process Improvement: Can increase your salary by up to 28%.
  • Analytical Skills: Can increase your salary by up to 26%.
  • Leadership: Can increase your salary by up to 15%.
Skill Salary Salary % Increase
Process Improvement
$58,809
28%
Analytical Skills
$57,890
26%
Leadership
$52,836
15%
Accountability
$52,376
14%
Payment Processing
$52,376
14%
Flexibility
$50,998
11%
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Loan Servicing Clerk III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Servicing Clerk III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on January 01, 2026

Loan Servicing Clerk III Salary Growth & Career Path

For a Loan Servicing Clerk III, the most direct path to higher earnings is advancing to the Loan Servicing Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $56,478 - a projected growth of 23% over your current level.

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Cost of Living In Jackson, MS

Cost of Living in Jackson, MS is
-8.5% Lower
than the National Average

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Where Does Our Salary Data Come From?

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