Business & Finance Cheyenne, WY
Pop. 65,132
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.
City Median
$61,796
vs State Avg
+$1,315
vs National
$-3,944
Cost of Living
94%
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.
Entry Level (0-2 yrs)
$35,720
$-2,280 vs national
Mid Level (3-7 yrs)
$62,040
$-3,960 vs national
Senior Level (8+ yrs)
$122,200
$-7,800 vs national
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
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 Cheyenne may vary based on local industry and population growth.