Business & Finance Springdale, AR Pop. 80,433

Loan Officer Salary in Springdale, Arkansas

The median loan officer salary in Springdale, AR is $55,222 per year, which is 16% below the national median and 0.0% above the Arkansas state average.

City Median
$55,222
vs State Avg
+$0
vs National
$-10,518
Cost of Living
84%

Loan Officer Salary in Springdale by Experience

In Springdale, an entry-level loan officer earns around $31,920, while experienced professionals earn up to $109,200 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$31,920
$-6,080 vs national
Mid Level (3-7 yrs)
$55,440
$-10,560 vs national
Senior Level (8+ yrs)
$109,200
$-20,800 vs national

Salary Percentiles in Springdale, AR

Percentile Springdale
10th Percentile $29,568
25th Percentile $38,136
Median (50th) $55,222
75th Percentile $84,000
90th Percentile $129,192

Loan Officer Salary in Other Arkansas Cities

Fayetteville, AR
$57,851
Pop. 93,949
Little Rock, AR
$57,194
Pop. 202,591
Jonesboro, AR
$53,907
Pop. 78,576
Fort Smith, AR
$52,592
Pop. 89,142

How to Become a Loan Officer in Springdale

Education

Most loan officer positions require a bachelor's degree. Springdale and the surrounding Arkansas 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 Springdale may vary based on local industry and population growth.

Find Loan Officer Jobs in Springdale

Browse open loan officer positions in Springdale, AR:

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Frequently Asked Questions: Loan Officer Salary in Springdale

How much does a Loan Officer make in Springdale, AR? ▼
The median loan officer salary in Springdale, Arkansas is $55,222 per year, which is 16% below the national median of $65,740. Salaries range from $29,568 (10th percentile) to $129,192 (90th percentile).
How much does a Loan Officer make per hour in Springdale? ▼
Based on the median annual salary of $55,222, a loan officer in Springdale earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Springdale compare to the Arkansas state average for loan officer pay? ▼
Springdale's median loan officer salary of $55,222 is 0.0% above the Arkansas state average of $55,222. The local cost of living index is 84% of the national average.
What is the cost of living in Springdale, AR? ▼
Springdale has a cost of living index of 84% compared to the national average. This means a loan officer salary of $55,222 in Springdale has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Springdale? ▼
Most loan officer positions in Springdale require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.