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

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.