Business & Finance Parkersburg, WV
Pop. 29,675
Loan Officer Salary in Parkersburg, West Virginia
The median loan officer salary in Parkersburg, WV is $52,592 per year, which is 20% below the national median and 4.8% below the West Virginia state average.
City Median
$52,592
vs State Avg
$-2,630
vs National
$-13,148
Cost of Living
80%
Loan Officer Salary in Parkersburg by Experience
In Parkersburg, an entry-level loan officer earns around $30,400, while experienced professionals earn up to $104,000 per year. The local cost of living index is 80% of the national average.
Entry Level (0-2 yrs)
$30,400
$-7,600 vs national
Mid Level (3-7 yrs)
$52,800
$-13,200 vs national
Senior Level (8+ yrs)
$104,000
$-26,000 vs national
Salary Percentiles in Parkersburg, WV
| Percentile | Parkersburg |
|---|---|
| 10th Percentile | $28,160 |
| 25th Percentile | $36,320 |
| Median (50th) | $52,592 |
| 75th Percentile | $80,000 |
| 90th Percentile | $123,040 |
Loan Officer Salary in Other West Virginia Cities
How to Become a Loan Officer in Parkersburg
Education
Most loan officer positions require a bachelor's degree. Parkersburg 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 Parkersburg may vary based on local industry and population growth.