Business & Finance Sitka, AK
Pop. 8,458
Loan Officer Salary in Sitka, Alaska
The median loan officer salary in Sitka, AK is $86,777 per year, which is 32.0% above the national median and 6.5% above the Alaska state average.
City Median
$86,777
vs State Avg
+$5,259
vs National
+$21,037
Cost of Living
132%
Loan Officer Salary in Sitka by Experience
In Sitka, an entry-level loan officer earns around $50,160, while experienced professionals earn up to $171,600 per year. The local cost of living index is 132% of the national average.
Entry Level (0-2 yrs)
$50,160
+$12,160 vs national
Mid Level (3-7 yrs)
$87,120
+$21,120 vs national
Senior Level (8+ yrs)
$171,600
+$41,600 vs national
Salary Percentiles in Sitka, AK
| Percentile | Sitka |
|---|---|
| 10th Percentile | $46,464 |
| 25th Percentile | $59,928 |
| Median (50th) | $86,777 |
| 75th Percentile | $132,000 |
| 90th Percentile | $203,016 |
Loan Officer Salary in Other Alaska Cities
How to Become a Loan Officer in Sitka
Education
Most loan officer positions require a bachelor's degree. Sitka and the surrounding Alaska area have institutions offering relevant programs.
Key Skills
Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Sitka may vary based on local industry and population growth.