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 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
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.