Loan Officer Salary in West Virginia
The median loan officer salary in West Virginia is $55,222 per year, which is 16% below the national median of $65,740.
Loan Officer Salary in West Virginia by Experience
In West Virginia, an entry-level loan officer earns around $31,920, while experienced professionals earn up to $109,200 per year. The cost of living index in West Virginia is 84% of the national average.
Salary Percentiles in West Virginia
| Percentile | WV Salary |
|---|---|
| 10th Percentile | $29,568 |
| 25th Percentile | $38,136 |
| Median (50th) | $55,222 |
| 75th Percentile | $84,000 |
| 90th Percentile | $129,192 |
Major Cities for Loan Officers in West Virginia
The largest employment areas for loan officers in West Virginia include Charleston, Huntington, Morgantown, and Parkersburg. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in West Virginia
Education
Most loan officer positions require a bachelor's degree. West Virginia has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in West Virginia
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). West Virginia's demand may vary based on local industry trends.