Loan Officer Salary in East Providence, Rhode Island
The median loan officer salary in East Providence, RI is $65,740 per year, which is 0.0% above the national median and 6.5% below the Rhode Island state average.
Loan Officer Salary in East Providence by Experience
In East Providence, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in East Providence, RI
| Percentile | East Providence |
|---|---|
| 10th Percentile | $35,200 |
| 25th Percentile | $45,400 |
| Median (50th) | $65,740 |
| 75th Percentile | $100,000 |
| 90th Percentile | $153,800 |
Loan Officer Salary in Other Rhode Island Cities
How to Become a Loan Officer in East Providence
Education
Most loan officer positions require a bachelor's degree. East Providence and the surrounding Rhode Island area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in East Providence may vary based on local industry and population growth.