Business & Finance Pocatello, ID Pop. 56,548

Loan Officer Salary in Pocatello, Idaho

The median loan officer salary in Pocatello, ID is $56,536 per year, which is 14% below the national median and 8.5% below the Idaho state average.

City Median
$56,536
vs State Avg
$-5,260
vs National
$-9,204
Cost of Living
86%

Loan Officer Salary in Pocatello by Experience

In Pocatello, an entry-level loan officer earns around $32,680, while experienced professionals earn up to $111,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$32,680
$-5,320 vs national
Mid Level (3-7 yrs)
$56,760
$-9,240 vs national
Senior Level (8+ yrs)
$111,800
$-18,200 vs national

Salary Percentiles in Pocatello, ID

Percentile Pocatello
10th Percentile $30,272
25th Percentile $39,044
Median (50th) $56,536
75th Percentile $86,000
90th Percentile $132,268

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
Idaho Falls, ID
$57,851
Pop. 64,609

How to Become a Loan Officer in Pocatello

Education

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

Find Loan Officer Jobs in Pocatello

Browse open loan officer positions in Pocatello, ID:

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Frequently Asked Questions: Loan Officer Salary in Pocatello

How much does a Loan Officer make in Pocatello, ID? ▼
The median loan officer salary in Pocatello, Idaho is $56,536 per year, which is 14% below the national median of $65,740. Salaries range from $30,272 (10th percentile) to $132,268 (90th percentile).
How much does a Loan Officer make per hour in Pocatello? ▼
Based on the median annual salary of $56,536, a loan officer in Pocatello earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Pocatello compare to the Idaho state average for loan officer pay? ▼
Pocatello's median loan officer salary of $56,536 is 8.5% below the Idaho state average of $61,796. The local cost of living index is 86% of the national average.
What is the cost of living in Pocatello, ID? ▼
Pocatello has a cost of living index of 86% compared to the national average. This means a loan officer salary of $56,536 in Pocatello has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Pocatello? ▼
Most loan officer positions in Pocatello 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.