Business & Finance Sparks, NV
Pop. 108,445
Loan Officer Salary in Sparks, Nevada
The median loan officer salary in Sparks, NV is $64,425 per year, which is 2% below the national median and 1.0% above the Nevada state average.
City Median
$64,425
vs State Avg
+$657
vs National
$-1,315
Cost of Living
98%
Loan Officer Salary in Sparks by Experience
In Sparks, an entry-level loan officer earns around $37,240, while experienced professionals earn up to $127,400 per year. The local cost of living index is 98% of the national average.
Entry Level (0-2 yrs)
$37,240
$-760 vs national
Mid Level (3-7 yrs)
$64,680
$-1,320 vs national
Senior Level (8+ yrs)
$127,400
$-2,600 vs national
Salary Percentiles in Sparks, NV
| Percentile | Sparks |
|---|---|
| 10th Percentile | $34,496 |
| 25th Percentile | $44,492 |
| Median (50th) | $64,425 |
| 75th Percentile | $98,000 |
| 90th Percentile | $150,724 |
Loan Officer Salary in Other Nevada Cities
How to Become a Loan Officer in Sparks
Education
Most loan officer positions require a bachelor's degree. Sparks and the surrounding Nevada 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 Sparks may vary based on local industry and population growth.