Business & Finance Olathe, KS
Pop. 141,290
Loan Officer Salary in Olathe, Kansas
The median loan officer salary in Olathe, KS is $61,796 per year, which is 6% below the national median and 8.0% above the Kansas state average.
City Median
$61,796
vs State Avg
+$4,602
vs National
$-3,944
Cost of Living
94%
Loan Officer Salary in Olathe by Experience
In Olathe, an entry-level loan officer earns around $35,720, while experienced professionals earn up to $122,200 per year. The local cost of living index 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 Olathe, KS
| Percentile | Olathe |
|---|---|
| 10th Percentile | $33,088 |
| 25th Percentile | $42,676 |
| Median (50th) | $61,796 |
| 75th Percentile | $94,000 |
| 90th Percentile | $144,572 |
Loan Officer Salary in Other Kansas Cities
How to Become a Loan Officer in Olathe
Education
Most loan officer positions require a bachelor's degree. Olathe and the surrounding Kansas 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 Olathe may vary based on local industry and population growth.