Business & Finance Winston-Salem, NC Pop. 249,545

Loan Officer Salary in Winston-Salem, North Carolina

The median loan officer salary in Winston-Salem, NC is $58,509 per year, which is 11% below the national median and 6.3% below the North Carolina state average.

City Median
$58,509
vs State Avg
$-3,944
vs National
$-7,231
Cost of Living
86%

Loan Officer Salary in Winston-Salem by Experience

In Winston-Salem, an entry-level loan officer earns around $33,820, while experienced professionals earn up to $115,700 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$33,820
$-4,180 vs national
Mid Level (3-7 yrs)
$58,740
$-7,260 vs national
Senior Level (8+ yrs)
$115,700
$-14,300 vs national

Salary Percentiles in Winston-Salem, NC

Percentile Winston-Salem
10th Percentile $31,328
25th Percentile $40,406
Median (50th) $58,509
75th Percentile $89,000
90th Percentile $136,882

Loan Officer Salary in Other North Carolina Cities

How to Become a Loan Officer in Winston-Salem

Education

Most loan officer positions require a bachelor's degree. Winston-Salem and the surrounding North Carolina 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 Winston-Salem may vary based on local industry and population growth.