Loan Officer Salary in Kentucky
The median loan officer salary in Kentucky is $57,194 per year, which is 13% below the national median of $65,740.
Loan Officer Salary in Kentucky by Experience
In Kentucky, an entry-level loan officer earns around $33,060, while experienced professionals earn up to $113,100 per year. The cost of living index in Kentucky is 87% of the national average.
Salary Percentiles in Kentucky
| Percentile | KY Salary |
|---|---|
| 10th Percentile | $30,624 |
| 25th Percentile | $39,498 |
| Median (50th) | $57,194 |
| 75th Percentile | $87,000 |
| 90th Percentile | $133,806 |
Loan Officer Salary by City in Kentucky
The largest employment areas for loan officers in Kentucky include Louisville, Lexington, Bowling Green, and Owensboro. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Kentucky
Education
Most loan officer positions require a bachelor's degree. Kentucky has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Kentucky
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Kentucky's demand may vary based on local industry trends.