Loan Officer Salary in Cheyenne, Wyoming
The median loan officer salary in Cheyenne, WY is $61,796 per year, which is 6% below the national median and 2.2% above the Wyoming state average.
Loan Officer Pay in Cheyenne: What to Expect (2026)
Cheyenne offers a median loan officer salary of $61,796, which is $1,315 above the Wyoming state average of $60,481. Compared to the national median of $65,740, Cheyenne pays below the national benchmark for this role.
Cheyenne's cost of living is 94% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Cheyenne spans from $33,088 at the 10th percentile to $144,572 at the 90th percentile — a $111,484 spread. Entry-level professionals start around $35,720, while senior loan officers with 8+ years of experience can earn up to $122,200. Cheyenne is a smaller market (pop. 65,132), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in Cheyenne by Experience
In Cheyenne, an entry-level loan officer earns around $35,720, while experienced professionals earn up to $122,200 per year. The local cost of living index is 94% of the national average.
Salary Percentiles in Cheyenne, WY
| Percentile | Cheyenne |
|---|---|
| 10th Percentile | $33,088 |
| 25th Percentile | $42,676 |
| Median (50th) | $61,796 |
| 75th Percentile | $94,000 |
| 90th Percentile | $144,572 |
Loan Officer Salary in Other Wyoming Cities
How to Become a Loan Officer in Cheyenne
Education
Most loan officer positions require a bachelor's degree. Cheyenne and the surrounding Wyoming area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Cheyenne may vary based on local industry and population growth.
Find Loan Officer Jobs in Cheyenne
Browse open loan officer positions in Cheyenne, WY: