Business & Finance West Valley City, UT
Pop. 140,230
Loan Officer Salary in West Valley City, Utah
The median loan officer salary in West Valley City, UT is $61,796 per year, which is 6% below the national median and 3.1% below the Utah state average.
City Median
$61,796
vs State Avg
$-1,972
vs National
$-3,944
Cost of Living
94%
Loan Officer Salary in West Valley City by Experience
In West Valley City, an entry-level loan officer earns around $35,720, while experienced professionals earn up to $122,200 per year. The local cost of living index is 94% of the national average.
Entry Level (0-2 yrs)
$35,720
$-2,280 vs national
Mid Level (3-7 yrs)
$62,040
$-3,960 vs national
Senior Level (8+ yrs)
$122,200
$-7,800 vs national
Salary Percentiles in West Valley City, UT
| Percentile | West Valley City |
|---|---|
| 10th Percentile | $33,088 |
| 25th Percentile | $42,676 |
| Median (50th) | $61,796 |
| 75th Percentile | $94,000 |
| 90th Percentile | $144,572 |
Loan Officer Salary in Other Utah Cities
How to Become a Loan Officer in West Valley City
Education
Most loan officer positions require a bachelor's degree. West Valley City 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 Valley City may vary based on local industry and population growth.