Business & Finance West Jordan, UT Pop. 116,961

Loan Officer Salary in West Jordan, Utah

The median loan officer salary in West Jordan, UT is $63,110 per year, which is 4% below the national median and 1% below the Utah state average.

City Median
$63,110
vs State Avg
$-658
vs National
$-2,630
Cost of Living
96%

Loan Officer Salary in West Jordan by Experience

In West Jordan, an entry-level loan officer earns around $36,480, while experienced professionals earn up to $124,800 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$36,480
$-1,520 vs national
Mid Level (3-7 yrs)
$63,360
$-2,640 vs national
Senior Level (8+ yrs)
$124,800
$-5,200 vs national

Salary Percentiles in West Jordan, UT

Percentile West Jordan
10th Percentile $33,792
25th Percentile $43,584
Median (50th) $63,110
75th Percentile $96,000
90th Percentile $147,648

Loan Officer Salary in Other Utah Cities

How to Become a Loan Officer in West Jordan

Education

Most loan officer positions require a bachelor's degree. West Jordan and the surrounding Utah 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 West Jordan may vary based on local industry and population growth.

Find Loan Officer Jobs in West Jordan

Browse open loan officer positions in West Jordan, UT:

Frequently Asked Questions: Loan Officer Salary in West Jordan

How much does a Loan Officer make in West Jordan, UT?
The median loan officer salary in West Jordan, Utah is $63,110 per year, which is 4% below the national median of $65,740. Salaries range from $33,792 (10th percentile) to $147,648 (90th percentile).
How much does a Loan Officer make per hour in West Jordan?
Based on the median annual salary of $63,110, a loan officer in West Jordan earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does West Jordan compare to the Utah state average for loan officer pay?
West Jordan's median loan officer salary of $63,110 is 1% below the Utah state average of $63,768. The local cost of living index is 96% of the national average.
What is the cost of living in West Jordan, UT?
West Jordan has a cost of living index of 96% compared to the national average. This means a loan officer salary of $63,110 in West Jordan has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in West Jordan?
Most loan officer positions in West Jordan require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.