Business & Finance Burlington, VT
Pop. 44,743
Loan Officer Salary in Burlington, Vermont
The median loan officer salary in Burlington, VT is $72,314 per year, which is 10.0% above the national median and 8.9% above the Vermont state average.
City Median
$72,314
vs State Avg
+$5,917
vs National
+$6,574
Cost of Living
110%
Loan Officer Salary in Burlington by Experience
In Burlington, an entry-level loan officer earns around $41,800, while experienced professionals earn up to $143,000 per year. The local cost of living index is 110% of the national average.
Entry Level (0-2 yrs)
$41,800
+$3,800 vs national
Mid Level (3-7 yrs)
$72,600
+$6,600 vs national
Senior Level (8+ yrs)
$143,000
+$13,000 vs national
Salary Percentiles in Burlington, VT
| Percentile | Burlington |
|---|---|
| 10th Percentile | $38,720 |
| 25th Percentile | $49,940 |
| Median (50th) | $72,314 |
| 75th Percentile | $110,000 |
| 90th Percentile | $169,180 |
Loan Officer Salary in Other Vermont Cities
How to Become a Loan Officer in Burlington
Education
Most loan officer positions require a bachelor's degree. Burlington and the surrounding Vermont 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 Burlington may vary based on local industry and population growth.