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Loan Officer

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Home › Business and Financial Operations › Loan Officer › Wyoming
Data current as of August 2026 · sources: U.S. Bureau of Labor Statistics and O*NET
Average base salary, Wyoming
$91,000 / year
≈ $7,600 per month · $43.75 per hour

BLS May 2025 state data for Wyoming · median $82,500
25th percentile
$63,000Average
$91,00075th percentile
$107,000
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Loan Officer salary by state
Alabama$86,500
Alaska$76,000
Arizona$80,000
Arkansas$88,000
California$100,500
Colorado$101,500
Connecticut$105,500
Delaware$95,000
District of Columbia$103,500
Florida$84,000
Georgia$88,000
Hawaii$84,000
Idaho$93,500
Illinois$92,500
Indiana$81,500
Iowa$96,500
Kansas$101,500
Kentucky$77,500
Louisiana$76,000
Maine$92,000
Maryland$87,000
Massachusetts$122,500
Michigan$87,000
Minnesota$108,500
Mississippi$76,000
Missouri$85,000
Montana$80,000
Nebraska$92,500
Nevada$91,000
New Hampshire$100,500
New Jersey$106,500
New Mexico$78,000
New York$118,500
North Carolina$87,000
North Dakota$95,000
Ohio$87,000
Oklahoma$89,000
Oregon$104,500
Pennsylvania$83,500
Rhode Island$85,500
South Carolina$80,500
South Dakota$89,000
Tennessee$74,000
Texas$82,000
Utah$76,000
Vermont$105,000
Virginia$93,000
Washington$97,500
West Virginia$69,000
Wisconsin$92,000
Wyoming$91,000
About this role

Loan Officer is a professional role within the function in the Business and Financial Operations job family.

Pay for this title reflects both its level and its scope; see our Title Level and Organization Responsibility guides for how WePayFairly defines them.

What Loan Officers do

Typical education: Bachelor's Degree

  • Meet with applicants to obtain information for loan applications and to answer questions about the process.
  • Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
  • Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
  • Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
  • Submit applications to credit analysts for verification and recommendation.

Top skills: Speaking Active Listening Reading Comprehension Judgment and Decision Making Critical Thinking Writing

Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
Loan Officer pay by experience level
Entry level$41,000
Typical starting pay (about the 10th percentile)
Early career$54,500
A few years in (about the 25th percentile)
Experienced$79,500
Mid-career median pay
Senior$107,500
Seasoned professionals (about the 75th percentile)
Top earners$158,500
Highest earners (about the 90th percentile)
Experience tiers are derived from the BLS wage percentile distribution for this occupation, aged to 2026. Actual pay varies by employer, location, and specialization.
Job outlook
+1.7%
projected change in jobs, 2024–2034
20,300
projected openings per year
Growing slower than average
Source: U.S. Bureau of Labor Statistics, Employment Projections program (2024–2034). Openings include growth and replacement needs.
Loan Officer salary by industry
Credit Intermediation and Related Activities

222,090 workers

$89,000

Credit Intermediation and Related Activities (5221 and 5223 only)

145,430 workers

$92,500

Nondepository Credit Intermediation

76,670 workers

$82,500

Management of Companies and Enterprises

12,320 workers

$97,000

Management of Companies and Enterprises

12,320 workers

$97,000

Motor Vehicle and Parts Dealers

12,200 workers

$129,000

Automobile Dealers

11,360 workers

$131,000

Federal, State, and Local Government, excluding State and Local Schools and Hospitals and USPS

5,880 workers

$86,500

Federal Executive Branch (OEWS Designation)

5,100 workers

$87,000

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

5,040 workers

$120,500

National sector-level figures, BLS OEWS May 2025, aged to 2026.
How this role compares

Loan Officer pays 4% below the average across 47 roles in the Business and Financial Operations job family (family average $94,500).

Similar-paying roles in Business and Financial Operations
Compliance Officer$91,500
Market Research Analysts and Marketing Specialists$92,500
Logistician$93,000
Cost Estimator$88,500
Compensation, Benefits, and Job Analysis Specialists$87,500
Buyers and Purchasing Agents$86,500
Human Resources Specialist$85,000
Insurance Underwriter$97,000
Business Continuity Planner$97,500
Accountants and Auditors$98,000
Careers related to Loan Officer
Loan Interviewers and Clerks$54,500
Credit Analyst$104,500
Credit Counselor$59,000
Credit Authorizers, Checkers, and Clerks$53,000
Personal Financial Advisor$162,000
Securities, Commodities, and Financial Services Sales Agents$113,000
Related occupations from O*NET OnLine, U.S. Department of Labor.
Frequently asked questions

How much does a Loan Officer make?

The average base salary for a Loan Officer in the United States is $91,000 per year, or about $43.75 per hour.

What is the typical salary range?

Pay typically falls between $54,500 and $107,500 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.

How does this compare with other Business and Financial Operations roles?

The Business and Financial Operations job family averages $94,500 across 47 roles tracked by WePayFairly.

Need a defensible market price for this role?
WePayFairly data is compiled from published survey sources and maintained by compensation professionals.

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