Business & Finance Gresham, OR
Pop. 113,103
Loan Officer Salary in Gresham, Oregon
The median loan officer salary in Gresham, OR is $70,999 per year, which is 8.0% above the national median and 1.8% below the Oregon state average.
City Median
$70,999
vs State Avg
$-1,315
vs National
+$5,259
Cost of Living
108%
Loan Officer Salary in Gresham by Experience
In Gresham, an entry-level loan officer earns around $41,040, while experienced professionals earn up to $140,400 per year. The local cost of living index is 108% of the national average.
Entry Level (0-2 yrs)
$41,040
+$3,040 vs national
Mid Level (3-7 yrs)
$71,280
+$5,280 vs national
Senior Level (8+ yrs)
$140,400
+$10,400 vs national
Salary Percentiles in Gresham, OR
| Percentile | Gresham |
|---|---|
| 10th Percentile | $38,016 |
| 25th Percentile | $49,032 |
| Median (50th) | $70,999 |
| 75th Percentile | $108,000 |
| 90th Percentile | $166,104 |
Loan Officer Salary in Other Oregon Cities
How to Become a Loan Officer in Gresham
Education
Most loan officer positions require a bachelor's degree. Gresham and the surrounding Oregon 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 Gresham may vary based on local industry and population growth.