Loan Officer Salary in Mississippi
The median loan officer salary in Mississippi is $54,564 per year, which is 17% below the national median of $65,740.
Loan Officer Salary in Mississippi by Experience
In Mississippi, an entry-level loan officer earns around $31,540, while experienced professionals earn up to $107,900 per year. The cost of living index in Mississippi is 83% of the national average.
Salary Percentiles in Mississippi
| Percentile | MS Salary |
|---|---|
| 10th Percentile | $29,216 |
| 25th Percentile | $37,682 |
| Median (50th) | $54,564 |
| 75th Percentile | $83,000 |
| 90th Percentile | $127,654 |
Major Cities for Loan Officers in Mississippi
The largest employment areas for loan officers in Mississippi include Jackson, Gulfport, Southaven, and Hattiesburg. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Mississippi
Education
Most loan officer positions require a bachelor's degree. Mississippi has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Mississippi
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Mississippi's demand may vary based on local industry trends.