Business & Finance Idaho Falls, ID Pop. 64,609

Loan Officer Salary in Idaho Falls, Idaho

The median loan officer salary in Idaho Falls, ID is $57,851 per year, which is 12% below the national median and 6.4% below the Idaho state average.

City Median
$57,851
vs State Avg
$-3,945
vs National
$-7,889
Cost of Living
88%

Loan Officer Pay in Idaho Falls: What to Expect (2026)

Idaho Falls offers a median loan officer salary of $57,851, which is $3,945 below the Idaho state average of $61,796. Compared to the national median of $65,740, Idaho Falls pays below the national benchmark for this role.

One of Idaho Falls's biggest advantages is its low cost of living at 88% of the national average. This means the $57,851 salary stretches further here — equivalent to roughly $65,740 in an average-cost city. This makes Idaho Falls an attractive option for loan officers seeking strong real-dollar compensation.

The salary range for loan officers in Idaho Falls spans from $30,976 at the 10th percentile to $135,344 at the 90th percentile — a $104,368 spread. Entry-level professionals start around $33,440, while senior loan officers with 8+ years of experience can earn up to $114,400. Idaho Falls is a smaller market (pop. 64,609), which may mean fewer openings but also less competition for available positions.

Loan Officer Salary in Idaho Falls by Experience

In Idaho Falls, an entry-level loan officer earns around $33,440, while experienced professionals earn up to $114,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$58,080
$-7,920 vs national
Senior Level (8+ yrs)
$114,400
$-15,600 vs national

Salary Percentiles in Idaho Falls, ID

Percentile Idaho Falls
10th Percentile $30,976
25th Percentile $39,952
Median (50th) $57,851
75th Percentile $88,000
90th Percentile $135,344

Loan Officer Salary in Other Idaho Cities

Boise, ID
$65,740
Pop. 235,684
Meridian, ID
$64,425
Pop. 117,635
Nampa, ID
$59,166
Pop. 100,200
Pocatello, ID
$56,536
Pop. 56,548

How to Become a Loan Officer in Idaho Falls

Education

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

Find Loan Officer Jobs in Idaho Falls

Browse open loan officer positions in Idaho Falls, ID:

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Frequently Asked Questions: Loan Officer Salary in Idaho Falls

How much does a Loan Officer make in Idaho Falls, ID? ▼
The median loan officer salary in Idaho Falls, Idaho is $57,851 per year, which is 12% below the national median of $65,740. Salaries range from $30,976 (10th percentile) to $135,344 (90th percentile).
How much does a Loan Officer make per hour in Idaho Falls? ▼
Based on the median annual salary of $57,851, a loan officer in Idaho Falls earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Idaho Falls compare to the Idaho state average for loan officer pay? ▼
Idaho Falls's median loan officer salary of $57,851 is 6.4% below the Idaho state average of $61,796. The local cost of living index is 88% of the national average.
What is the cost of living in Idaho Falls, ID? ▼
Idaho Falls has a cost of living index of 88% compared to the national average. This means a loan officer salary of $57,851 in Idaho Falls has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Idaho Falls? ▼
Most loan officer positions in Idaho Falls 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.