Business & Finance Wheeling, WV Pop. 26,711

Loan Officer Salary in Wheeling, West Virginia

The median loan officer salary in Wheeling, WV is $51,277 per year, which is 22% below the national median and 7.1% below the West Virginia state average.

City Median
$51,277
vs State Avg
$-3,945
vs National
$-14,463
Cost of Living
78%

Loan Officer Salary in Wheeling by Experience

In Wheeling, an entry-level loan officer earns around $29,640, while experienced professionals earn up to $101,400 per year. The local cost of living index is 78% of the national average.

Entry Level (0-2 yrs)
$29,640
$-8,360 vs national
Mid Level (3-7 yrs)
$51,480
$-14,520 vs national
Senior Level (8+ yrs)
$101,400
$-28,600 vs national

Salary Percentiles in Wheeling, WV

Percentile Wheeling
10th Percentile $27,456
25th Percentile $35,412
Median (50th) $51,277
75th Percentile $78,000
90th Percentile $119,964

Loan Officer Salary in Other West Virginia Cities

Morgantown, WV
$59,166
Pop. 30,955
Charleston, WV
$57,851
Pop. 48,006
Huntington, WV
$53,907
Pop. 46,842
Parkersburg, WV
$52,592
Pop. 29,675

How to Become a Loan Officer in Wheeling

Education

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

Find Loan Officer Jobs in Wheeling

Browse open loan officer positions in Wheeling, WV:

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Frequently Asked Questions: Loan Officer Salary in Wheeling

How much does a Loan Officer make in Wheeling, WV? ▼
The median loan officer salary in Wheeling, West Virginia is $51,277 per year, which is 22% below the national median of $65,740. Salaries range from $27,456 (10th percentile) to $119,964 (90th percentile).
How much does a Loan Officer make per hour in Wheeling? ▼
Based on the median annual salary of $51,277, a loan officer in Wheeling earns approximately $25 per hour assuming a standard 2,080-hour work year.
How does Wheeling compare to the West Virginia state average for loan officer pay? ▼
Wheeling's median loan officer salary of $51,277 is 7.1% below the West Virginia state average of $55,222. The local cost of living index is 78% of the national average.
What is the cost of living in Wheeling, WV? ▼
Wheeling has a cost of living index of 78% compared to the national average. This means a loan officer salary of $51,277 in Wheeling has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Wheeling? ▼
Most loan officer positions in Wheeling 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.