Business & Finance Wichita, KS Pop. 397,532

Loan Officer Salary in Wichita, Kansas

The median loan officer salary in Wichita, KS is $55,879 per year, which is 15% below the national median and 2.3% below the Kansas state average.

City Median
$55,879
vs State Avg
$-1,315
vs National
$-9,861
Cost of Living
85%

Loan Officer Salary in Wichita by Experience

In Wichita, an entry-level loan officer earns around $32,300, while experienced professionals earn up to $110,500 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$32,300
$-5,700 vs national
Mid Level (3-7 yrs)
$56,100
$-9,900 vs national
Senior Level (8+ yrs)
$110,500
$-19,500 vs national

Salary Percentiles in Wichita, KS

Percentile Wichita
10th Percentile $29,920
25th Percentile $38,590
Median (50th) $55,879
75th Percentile $85,000
90th Percentile $130,730

Loan Officer Salary in Other Kansas Cities

Overland Park, KS
$63,110
Pop. 197,238
Olathe, KS
$61,796
Pop. 141,290
Kansas City, KS
$57,851
Pop. 156,607
Topeka, KS
$54,564
Pop. 127,473

How to Become a Loan Officer in Wichita

Education

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

Find Loan Officer Jobs in Wichita

Browse open loan officer positions in Wichita, KS:

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Frequently Asked Questions: Loan Officer Salary in Wichita

How much does a Loan Officer make in Wichita, KS? ▼
The median loan officer salary in Wichita, Kansas is $55,879 per year, which is 15% below the national median of $65,740. Salaries range from $29,920 (10th percentile) to $130,730 (90th percentile).
How much does a Loan Officer make per hour in Wichita? ▼
Based on the median annual salary of $55,879, a loan officer in Wichita earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Wichita compare to the Kansas state average for loan officer pay? ▼
Wichita's median loan officer salary of $55,879 is 2.3% below the Kansas state average of $57,194. The local cost of living index is 85% of the national average.
What is the cost of living in Wichita, KS? ▼
Wichita has a cost of living index of 85% compared to the national average. This means a loan officer salary of $55,879 in Wichita has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Wichita? ▼
Most loan officer positions in Wichita 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.