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 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

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

Major Cities for Loan Officers in Idaho

The largest employment areas for loan officers in Idaho include Boise, Meridian, Nampa, and Idaho Falls. Salaries in major metro areas may be higher due to increased demand and cost of living.

Boise, ID
Metro area for loan officer employment
Meridian, ID
Metro area for loan officer employment
Nampa, ID
Metro area for loan officer employment
Idaho Falls, ID
Metro area for loan officer employment
Pocatello, ID
Metro area for loan officer employment

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.