Business & Finance South Burlington, VT Pop. 20,292

Loan Officer Salary in South Burlington, Vermont

The median loan officer salary in South Burlington, VT is $70,999 per year, which is 8.0% above the national median and 6.9% above the Vermont state average.

City Median
$70,999
vs State Avg
+$4,602
vs National
+$5,259
Cost of Living
108%

Loan Officer Salary in South Burlington by Experience

In South Burlington, an entry-level loan officer earns around $41,040, while experienced professionals earn up to $140,400 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$41,040
+$3,040 vs national
Mid Level (3-7 yrs)
$71,280
+$5,280 vs national
Senior Level (8+ yrs)
$140,400
+$10,400 vs national

Salary Percentiles in South Burlington, VT

Percentile South Burlington
10th Percentile $38,016
25th Percentile $49,032
Median (50th) $70,999
75th Percentile $108,000
90th Percentile $166,104

Loan Officer Salary in Other Vermont Cities

How to Become a Loan Officer in South Burlington

Education

Most loan officer positions require a bachelor's degree. South 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 South Burlington may vary based on local industry and population growth.