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

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.