Business & Finance Boise, ID Pop. 235,684

Loan Officer Salary in Boise, Idaho

The median loan officer salary in Boise, ID is $65,740 per year, which is 0.0% above the national median and 6.4% above the Idaho state average.

City Median
$65,740
vs State Avg
+$3,944
vs National
+$0
Cost of Living
100%

Loan Officer Salary in Boise by Experience

In Boise, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$38,000
+$0 vs national
Mid Level (3-7 yrs)
$66,000
+$0 vs national
Senior Level (8+ yrs)
$130,000
+$0 vs national

Salary Percentiles in Boise, ID

Percentile Boise
10th Percentile $35,200
25th Percentile $45,400
Median (50th) $65,740
75th Percentile $100,000
90th Percentile $153,800

Loan Officer Salary in Other Idaho Cities

Meridian, ID
$64,425
Pop. 117,635
Nampa, ID
$59,166
Pop. 100,200
Idaho Falls, ID
$57,851
Pop. 64,609
Pocatello, ID
$56,536
Pop. 56,548

How to Become a Loan Officer in Boise

Education

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

Find Loan Officer Jobs in Boise

Browse open loan officer positions in Boise, ID:

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Frequently Asked Questions: Loan Officer Salary in Boise

How much does a Loan Officer make in Boise, ID? ▼
The median loan officer salary in Boise, Idaho is $65,740 per year, which is 0.0% above the national median of $65,740. Salaries range from $35,200 (10th percentile) to $153,800 (90th percentile).
How much does a Loan Officer make per hour in Boise? ▼
Based on the median annual salary of $65,740, a loan officer in Boise earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Boise compare to the Idaho state average for loan officer pay? ▼
Boise's median loan officer salary of $65,740 is 6.4% above the Idaho state average of $61,796. The local cost of living index is 100% of the national average.
What is the cost of living in Boise, ID? ▼
Boise has a cost of living index of 100% compared to the national average. This means a loan officer salary of $65,740 in Boise has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Boise? ▼
Most loan officer positions in Boise 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.