Loan Officer Salary in Vermont
The median loan officer salary in Vermont is $66,397 per year, which is 1.0% above the national median of $65,740.
Loan Officer Salary in Vermont by Experience
In Vermont, an entry-level loan officer earns around $38,380, while experienced professionals earn up to $131,300 per year. The cost of living index in Vermont is 101% of the national average.
Salary Percentiles in Vermont
| Percentile | VT Salary |
|---|---|
| 10th Percentile | $35,552 |
| 25th Percentile | $45,854 |
| Median (50th) | $66,397 |
| 75th Percentile | $101,000 |
| 90th Percentile | $155,338 |
Major Cities for Loan Officers in Vermont
The largest employment areas for loan officers in Vermont include Burlington, Essex, South Burlington, and Colchester. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Vermont
Education
Most loan officer positions require a bachelor's degree. Vermont has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Vermont
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Vermont's demand may vary based on local industry trends.