Business & Finance Biloxi, MS
Pop. 46,212
Loan Officer Salary in Biloxi, Mississippi
The median loan officer salary in Biloxi, MS is $54,564 per year, which is 17% below the national median and 0.0% above the Mississippi state average.
City Median
$54,564
vs State Avg
+$0
vs National
$-11,176
Cost of Living
83%
Loan Officer Salary in Biloxi by Experience
In Biloxi, an entry-level loan officer earns around $31,540, while experienced professionals earn up to $107,900 per year. The local cost of living index is 83% of the national average.
Entry Level (0-2 yrs)
$31,540
$-6,460 vs national
Mid Level (3-7 yrs)
$54,780
$-11,220 vs national
Senior Level (8+ yrs)
$107,900
$-22,100 vs national
Salary Percentiles in Biloxi, MS
| Percentile | Biloxi |
|---|---|
| 10th Percentile | $29,216 |
| 25th Percentile | $37,682 |
| Median (50th) | $54,564 |
| 75th Percentile | $83,000 |
| 90th Percentile | $127,654 |
Loan Officer Salary in Other Mississippi Cities
How to Become a Loan Officer in Biloxi
Education
Most loan officer positions require a bachelor's degree. Biloxi and the surrounding Mississippi 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 Biloxi may vary based on local industry and population growth.