Business & Finance Gillette, WY Pop. 33,403

Loan Officer Salary in Gillette, Wyoming

The median loan officer salary in Gillette, WY is $63,110 per year, which is 4% below the national median and 4.3% above the Wyoming state average.

City Median
$63,110
vs State Avg
+$2,629
vs National
$-2,630
Cost of Living
96%

Loan Officer Salary in Gillette by Experience

In Gillette, an entry-level loan officer earns around $36,480, while experienced professionals earn up to $124,800 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$36,480
$-1,520 vs national
Mid Level (3-7 yrs)
$63,360
$-2,640 vs national
Senior Level (8+ yrs)
$124,800
$-5,200 vs national

Salary Percentiles in Gillette, WY

Percentile Gillette
10th Percentile $33,792
25th Percentile $43,584
Median (50th) $63,110
75th Percentile $96,000
90th Percentile $147,648

Loan Officer Salary in Other Wyoming Cities

How to Become a Loan Officer in Gillette

Education

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

Find Loan Officer Jobs in Gillette

Browse open loan officer positions in Gillette, WY:

Frequently Asked Questions: Loan Officer Salary in Gillette

How much does a Loan Officer make in Gillette, WY?
The median loan officer salary in Gillette, Wyoming is $63,110 per year, which is 4% below the national median of $65,740. Salaries range from $33,792 (10th percentile) to $147,648 (90th percentile).
How much does a Loan Officer make per hour in Gillette?
Based on the median annual salary of $63,110, a loan officer in Gillette earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Gillette compare to the Wyoming state average for loan officer pay?
Gillette's median loan officer salary of $63,110 is 4.3% above the Wyoming state average of $60,481. The local cost of living index is 96% of the national average.
What is the cost of living in Gillette, WY?
Gillette has a cost of living index of 96% compared to the national average. This means a loan officer salary of $63,110 in Gillette has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Gillette?
Most loan officer positions in Gillette 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.