Business & Finance Missoula, MT
Pop. 75,516
Loan Officer Salary in Missoula, Montana
The median loan officer salary in Missoula, MT is $67,055 per year, which is 2.0% above the national median and 7.4% above the Montana state average.
City Median
$67,055
vs State Avg
+$4,602
vs National
+$1,315
Cost of Living
102%
Loan Officer Salary in Missoula by Experience
In Missoula, an entry-level loan officer earns around $38,760, while experienced professionals earn up to $132,600 per year. The local cost of living index is 102% of the national average.
Entry Level (0-2 yrs)
$38,760
+$760 vs national
Mid Level (3-7 yrs)
$67,320
+$1,320 vs national
Senior Level (8+ yrs)
$132,600
+$2,600 vs national
Salary Percentiles in Missoula, MT
| Percentile | Missoula |
|---|---|
| 10th Percentile | $35,904 |
| 25th Percentile | $46,308 |
| Median (50th) | $67,055 |
| 75th Percentile | $102,000 |
| 90th Percentile | $156,876 |
Loan Officer Salary in Other Montana Cities
How to Become a Loan Officer in Missoula
Education
Most loan officer positions require a bachelor's degree. Missoula and the surrounding Montana 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 Missoula may vary based on local industry and population growth.