Business & Finance Idaho (ID) Rank #28 of 50

Loan Officer Salary in Idaho

The median loan officer salary in Idaho is $61,796 per year, which is 6% below the national median of $65,740.

Median Salary
$61,796
vs National
$-3,944
State Rank
#28 of 50
Cost of Living
94%

Loan Officer Salary Overview in Idaho (2026)

Idaho ranks #28 out of 50 states for loan officer compensation. Loan Officer salaries in Idaho are below the national median, though the lower cost of living can offset the difference. At $61,796 per year, loan officers in Idaho earn $3,944 less than the national median of $65,740.

A key advantage of working in Idaho is its below-average cost of living (94% of the national index). This means the $61,796 salary has the purchasing power of roughly $65,740 in an average-cost area.

The salary spread in Idaho is significant: loan officers at the 10th percentile earn $33,088, while those at the 90th percentile bring home $144,572 — a $111,484 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Idaho for this role is Boise, where the median reaches $65,740.

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.

Loan Officer Salary in Idaho by Experience

In Idaho, an entry-level loan officer earns around $35,720, while experienced professionals earn up to $122,200 per year. The cost of living index in Idaho is 94% of the national average.

Entry Level (0-2 yrs)
$35,720
$-2,280 vs national
Mid Level (3-7 yrs)
$62,040
$-3,960 vs national
Senior Level (8+ yrs)
$122,200
$-7,800 vs national

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Salary Percentiles in Idaho

Percentile ID Salary
10th Percentile $33,088
25th Percentile $42,676
Median (50th) $61,796
75th Percentile $94,000
90th Percentile $144,572

Loan Officer Salary by City in Idaho

The largest employment areas for loan officers in Idaho include Boise, Meridian, Nampa, and Idaho Falls. Salaries vary by city based on local cost of living and demand.

How to Become a Loan Officer in Idaho

Education

Most loan officer positions require a bachelor's degree. Idaho has several accredited institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in Idaho

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Idaho's demand may vary based on local industry trends.

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Frequently Asked Questions: Loan Officer Salary in Idaho

How much does a Loan Officer make in Idaho? ▼
The median loan officer salary in Idaho is $61,796 per year, which is 6% below the national median of $65,740. Salaries range from $33,088 (10th percentile) to $144,572 (90th percentile).
How much does a Loan Officer make per hour in Idaho? ▼
Based on the median annual salary of $61,796, a loan officer in Idaho earns approximately $30 per hour assuming a standard 2,080-hour work year.
Is Idaho a good state for loan officers? ▼
Idaho ranks #28 out of 50 states for loan officer pay. The cost of living index is 94% of the national average. Entry-level loan officers earn $35,720, while senior professionals earn $122,200.
How does Idaho compare to other states for loan officer salary? ▼
The highest paying state for loan officers is Hawaii at $111,758. Idaho's median of $61,796 ranks #28 nationally. Nearby-ranked states include Montana ($62,453) and North Carolina ($62,453).
What is the entry-level loan officer salary in Idaho? ▼
An entry-level loan officer in Idaho earns approximately $35,720 per year. With 3-7 years of experience, pay increases to around $62,040. Senior-level professionals with 8+ years earn up to $122,200.
What city in Idaho pays loan officers the most? ▼
Boise is the highest paying city in Idaho for loan officers, with a median salary of $65,740. Other cities include Meridian and Nampa.