Loan Officers Pay Range in West Virginia
Pay distribution across experience levels
- 10th Percentile — Entry Level$37,830
- 25th Percentile — Junior$44,670
- 50th Percentile — Median$57,580
- 75th Percentile — Senior$78,070
- 90th Percentile — Top Earners$114,800
Half of Loan Officers in West Virginia earn more than $57,580. The top 10% make $114,800 or more, while entry-level workers start around $37,830.
Loan Officers in West Virginia: Key Facts
Source: BLS OEWS May 2025
- West Virginia ranks 51st of 51 states for Loan Officers pay, at $66,780 per year (23.9% below the U.S. average of $87,790).
- 1,290 people work as Loan Officers in West Virginia — 0.5% of all U.S. Loan Officers jobs.
- Location quotient 1.04: Loan Officers jobs are more concentrated in West Virginia than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $37,830; the top 10% earn over $114,800.
- Hourly equivalent: $32.11 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in West Virginia, Personal Financial Advisors pays the most ($124,400).
Loan Officers Job Market in West Virginia
Key factors affecting compensation
West Virginia's key industries are Energy, Healthcare, Manufacturing, and its job market is rated low. Loan Officers here earn $66,780 on average, placing the state 51st nationally.
With a cost-of-living index of 0.78 (U.S. = 1.00), a West Virginia salary of $66,780 is roughly equivalent to $85,615 at the national average cost of living.
Compared with nearby states in the pay ranking, Utah ($73,370), Alaska ($73,300), Louisiana ($73,240) are the closest alternatives for Loan Officers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in West Virginia
Related career salary benchmarks
- Personal Financial Advisors $124,400/yr West Virginia +86.3% vs this role
- Management Analysts $99,440/yr West Virginia +48.9% vs this role
- Project Management Specialists $97,340/yr West Virginia +45.8% vs this role
- Budget Analysts $84,740/yr West Virginia +26.9% vs this role
- Accountants and Auditors $78,020/yr West Virginia +16.8% vs this role
- Business Operations Specialists All Other $77,090/yr West Virginia +15.4% vs this role
- Cost Estimators $76,980/yr West Virginia +15.3% vs this role
- Financial and Investment Analysts $76,830/yr West Virginia +15.0% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in West Virginia?
The average Loan Officers salary in West Virginia is $66,780 per year (median $57,580), which is 23.9% below the national average of $87,790.
How does West Virginia rank for Loan Officers pay?
West Virginia ranks 51st out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in West Virginia?
The lowest-paid 10% of Loan Officers in West Virginia earn about $37,830 per year and the 25th percentile is $44,670.
How much do Loan Officers make per hour in West Virginia?
About $32.11 per hour, based on the $66,780 annual average and 2,080 working hours per year.
How many Loan Officers work in West Virginia?
BLS counts 1,290 Loan Officers jobs in West Virginia (OEWS May 2025).
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