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

Jackson, MS
$55,879
Pop. 153,701
Southaven, MS
$55,222
Pop. 55,026
Gulfport, MS
$53,907
Pop. 72,926
Hattiesburg, MS
$52,592
Pop. 48,728

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.

Find Loan Officer Jobs in Biloxi

Browse open loan officer positions in Biloxi, MS:

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Frequently Asked Questions: Loan Officer Salary in Biloxi

How much does a Loan Officer make in Biloxi, MS? ▼
The median loan officer salary in Biloxi, Mississippi is $54,564 per year, which is 17% below the national median of $65,740. Salaries range from $29,216 (10th percentile) to $127,654 (90th percentile).
How much does a Loan Officer make per hour in Biloxi? ▼
Based on the median annual salary of $54,564, a loan officer in Biloxi earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Biloxi compare to the Mississippi state average for loan officer pay? ▼
Biloxi's median loan officer salary of $54,564 is 0.0% above the Mississippi state average of $54,564. The local cost of living index is 83% of the national average.
What is the cost of living in Biloxi, MS? ▼
Biloxi has a cost of living index of 83% compared to the national average. This means a loan officer salary of $54,564 in Biloxi has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Biloxi? ▼
Most loan officer positions in Biloxi 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.