Business & Finance Charleston, WV Pop. 48,006

Loan Officer Salary in Charleston, West Virginia

The median loan officer salary in Charleston, WV is $57,851 per year, which is 12% below the national median and 4.8% above the West Virginia state average.

City Median
$57,851
vs State Avg
+$2,629
vs National
$-7,889
Cost of Living
88%

Loan Officer Salary in Charleston by Experience

In Charleston, an entry-level loan officer earns around $33,440, while experienced professionals earn up to $114,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$58,080
$-7,920 vs national
Senior Level (8+ yrs)
$114,400
$-15,600 vs national

Salary Percentiles in Charleston, WV

Percentile Charleston
10th Percentile $30,976
25th Percentile $39,952
Median (50th) $57,851
75th Percentile $88,000
90th Percentile $135,344

Loan Officer Salary in Other West Virginia Cities

Morgantown, WV
$59,166
Pop. 30,955
Huntington, WV
$53,907
Pop. 46,842
Parkersburg, WV
$52,592
Pop. 29,675
Wheeling, WV
$51,277
Pop. 26,711

How to Become a Loan Officer in Charleston

Education

Most loan officer positions require a bachelor's degree. Charleston and the surrounding West Virginia 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 Charleston may vary based on local industry and population growth.

Find Loan Officer Jobs in Charleston

Browse open loan officer positions in Charleston, WV:

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Frequently Asked Questions: Loan Officer Salary in Charleston

How much does a Loan Officer make in Charleston, WV? ▼
The median loan officer salary in Charleston, West Virginia is $57,851 per year, which is 12% below the national median of $65,740. Salaries range from $30,976 (10th percentile) to $135,344 (90th percentile).
How much does a Loan Officer make per hour in Charleston? ▼
Based on the median annual salary of $57,851, a loan officer in Charleston earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Charleston compare to the West Virginia state average for loan officer pay? ▼
Charleston's median loan officer salary of $57,851 is 4.8% above the West Virginia state average of $55,222. The local cost of living index is 88% of the national average.
What is the cost of living in Charleston, WV? ▼
Charleston has a cost of living index of 88% compared to the national average. This means a loan officer salary of $57,851 in Charleston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Charleston? ▼
Most loan officer positions in Charleston require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.