Business & Finance Huntington, WV Pop. 46,842

Loan Officer Salary in Huntington, West Virginia

The median loan officer salary in Huntington, WV is $53,907 per year, which is 18% below the national median and 2.4% below the West Virginia state average.

City Median
$53,907
vs State Avg
$-1,315
vs National
$-11,833
Cost of Living
82%

Loan Officer Salary in Huntington by Experience

In Huntington, an entry-level loan officer earns around $31,160, while experienced professionals earn up to $106,600 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$31,160
$-6,840 vs national
Mid Level (3-7 yrs)
$54,120
$-11,880 vs national
Senior Level (8+ yrs)
$106,600
$-23,400 vs national

Salary Percentiles in Huntington, WV

Percentile Huntington
10th Percentile $28,864
25th Percentile $37,228
Median (50th) $53,907
75th Percentile $82,000
90th Percentile $126,116

Loan Officer Salary in Other West Virginia Cities

Morgantown, WV
$59,166
Pop. 30,955
Charleston, WV
$57,851
Pop. 48,006
Parkersburg, WV
$52,592
Pop. 29,675
Wheeling, WV
$51,277
Pop. 26,711

How to Become a Loan Officer in Huntington

Education

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

Find Loan Officer Jobs in Huntington

Browse open loan officer positions in Huntington, WV:

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Frequently Asked Questions: Loan Officer Salary in Huntington

How much does a Loan Officer make in Huntington, WV? ▼
The median loan officer salary in Huntington, West Virginia is $53,907 per year, which is 18% below the national median of $65,740. Salaries range from $28,864 (10th percentile) to $126,116 (90th percentile).
How much does a Loan Officer make per hour in Huntington? ▼
Based on the median annual salary of $53,907, a loan officer in Huntington earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Huntington compare to the West Virginia state average for loan officer pay? ▼
Huntington's median loan officer salary of $53,907 is 2.4% below the West Virginia state average of $55,222. The local cost of living index is 82% of the national average.
What is the cost of living in Huntington, WV? ▼
Huntington has a cost of living index of 82% compared to the national average. This means a loan officer salary of $53,907 in Huntington has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Huntington? ▼
Most loan officer positions in Huntington 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.