Business & Finance Hilo, HI Pop. 45,703

Loan Officer Salary in Hilo, Hawaii

The median loan officer salary in Hilo, HI is $99,925 per year, which is 52.0% above the national median and 10.6% below the Hawaii state average.

City Median
$99,925
vs State Avg
$-11,833
vs National
+$34,185
Cost of Living
152%

Loan Officer Pay in Hilo: What to Expect (2026)

Hilo offers a median loan officer salary of $99,925, which is $11,833 below the Hawaii state average of $111,758. Compared to the national median of $65,740, Hilo pays above average for this role.

However, Hilo's cost of living index is 152%, significantly above the national average. After adjusting for local costs, the $99,925 salary has an effective purchasing power of approximately $65,740. Housing, transportation, and food costs in Hilo should be factored into any relocation or job-change decision.

The salary range for loan officers in Hilo spans from $53,504 at the 10th percentile to $233,776 at the 90th percentile — a $180,272 spread. Entry-level professionals start around $57,760, while senior loan officers with 8+ years of experience can earn up to $197,600. Hilo is a smaller market (pop. 45,703), which may mean fewer openings but also less competition for available positions.

Loan Officer Salary in Hilo by Experience

In Hilo, an entry-level loan officer earns around $57,760, while experienced professionals earn up to $197,600 per year. The local cost of living index is 152% of the national average.

Entry Level (0-2 yrs)
$57,760
+$19,760 vs national
Mid Level (3-7 yrs)
$100,320
+$34,320 vs national
Senior Level (8+ yrs)
$197,600
+$67,600 vs national

Salary Percentiles in Hilo, HI

Percentile Hilo
10th Percentile $53,504
25th Percentile $69,008
Median (50th) $99,925
75th Percentile $152,000
90th Percentile $233,776

Loan Officer Salary in Other Hawaii Cities

Honolulu, HI
$115,045
Pop. 350,964
Kailua, HI
$111,758
Pop. 38,635
Pearl City, HI
$110,443
Pop. 47,698
Waipahu, HI
$106,499
Pop. 38,216

How to Become a Loan Officer in Hilo

Education

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

Find Loan Officer Jobs in Hilo

Browse open loan officer positions in Hilo, HI:

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Frequently Asked Questions: Loan Officer Salary in Hilo

How much does a Loan Officer make in Hilo, HI? ▼
The median loan officer salary in Hilo, Hawaii is $99,925 per year, which is 52.0% above the national median of $65,740. Salaries range from $53,504 (10th percentile) to $233,776 (90th percentile).
How much does a Loan Officer make per hour in Hilo? ▼
Based on the median annual salary of $99,925, a loan officer in Hilo earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Hilo compare to the Hawaii state average for loan officer pay? ▼
Hilo's median loan officer salary of $99,925 is 10.6% below the Hawaii state average of $111,758. The local cost of living index is 152% of the national average.
What is the cost of living in Hilo, HI? ▼
Hilo has a cost of living index of 152% compared to the national average. This means a loan officer salary of $99,925 in Hilo has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Hilo? ▼
Most loan officer positions in Hilo 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.