Business & Finance Rock Springs, WY Pop. 23,036

Loan Officer Salary in Rock Springs, Wyoming

The median loan officer salary in Rock Springs, WY is $60,481 per year, which is 8% below the national median and 0.0% above the Wyoming state average.

City Median
$60,481
vs State Avg
+$0
vs National
$-5,259
Cost of Living
92%

Loan Officer Salary in Rock Springs by Experience

In Rock Springs, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$34,960
$-3,040 vs national
Mid Level (3-7 yrs)
$60,720
$-5,280 vs national
Senior Level (8+ yrs)
$119,600
$-10,400 vs national

Salary Percentiles in Rock Springs, WY

Percentile Rock Springs
10th Percentile $32,384
25th Percentile $41,768
Median (50th) $60,481
75th Percentile $92,000
90th Percentile $141,496

Loan Officer Salary in Other Wyoming Cities

Gillette, WY
$63,110
Pop. 33,403
Cheyenne, WY
$61,796
Pop. 65,132
Laramie, WY
$60,481
Pop. 32,711
Casper, WY
$59,166
Pop. 58,610

How to Become a Loan Officer in Rock Springs

Education

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

Find Loan Officer Jobs in Rock Springs

Browse open loan officer positions in Rock Springs, WY:

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Frequently Asked Questions: Loan Officer Salary in Rock Springs

How much does a Loan Officer make in Rock Springs, WY? ▼
The median loan officer salary in Rock Springs, Wyoming is $60,481 per year, which is 8% below the national median of $65,740. Salaries range from $32,384 (10th percentile) to $141,496 (90th percentile).
How much does a Loan Officer make per hour in Rock Springs? ▼
Based on the median annual salary of $60,481, a loan officer in Rock Springs earns approximately $29 per hour assuming a standard 2,080-hour work year.
How does Rock Springs compare to the Wyoming state average for loan officer pay? ▼
Rock Springs's median loan officer salary of $60,481 is 0.0% above the Wyoming state average of $60,481. The local cost of living index is 92% of the national average.
What is the cost of living in Rock Springs, WY? ▼
Rock Springs has a cost of living index of 92% compared to the national average. This means a loan officer salary of $60,481 in Rock Springs has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Rock Springs? ▼
Most loan officer positions in Rock Springs 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.