Average Loan Officers Salary in Enid, OK
The average salary for a Loan Officers in Enid, OK is $91,340. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $91,340 per year.
- Growth Trend: Salaries have shifted 14.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $139,320.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Enid, OK economy.
Salary Overview
The average Loan Officers in Enid, OK earns+5.9%above the national average.
$43.9
$1,757
$7,612
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Enid, OK have shown healthy growth of 14.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Enid, OK
The earning potential for Loan Officerss in Enid, OK varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $37,950, while highly experienced professionals can command wages upwards of $139,320.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,950 | $18.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,505 | $32.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,710 | $40.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,175 | $54.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $139,320 | $67 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$91,340
Gross Pay
Real Wage (Purchasing Power)
$91,340
Adjusted for COL (100)
In Enid, OK, the Cost of Living Index is 100. This increases your effective purchasing power from $91,340 to $91,340.
Job Market Context
50
Total Jobs
2.019
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Enid, OK has a slightly higher-than-average concentration of Loan Officers roles compared to the national norm.
50 people work as Loan Officers in Enid, OK.
Moderate density — roughly 2.019 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Loan Officers Salary | $78,180↓ 14% | 68 mi |
| Southeast Oklahoma nonmetropolitan area Loan Officers Salary | $79,700↓ 13% | 78 mi |
| Northeast Oklahoma nonmetropolitan area Loan Officers Salary | $78,870↓ 14% | 78 mi |
| Southwest Oklahoma nonmetropolitan area Loan Officers Salary | $91,400↑ 0% | 78 mi |
| Northwest Oklahoma nonmetropolitan area Loan Officers Salary | $79,040↓ 13% | 78 mi |
Comparing salaries near Enid, OK
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Enid, OK?
The median annual salary for a Loan Officers in Enid, OK is $91,340. This typically ranges from $37,950 for entry-level positions to $139,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Enid, OK is 5.9% higher than the national median of $86,220.
Is Enid, OK a good place for Loan Officerss?
Yes, Enid, OK is financially attractive for Loan Officerss. The average salary of $91,340 exceeds the national average. See distinct detailed breakdown below.
Is Enid, OK a good place to live for Loan Officers?
The Cost of Living Index in Enid, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Enid, OK?
Some top paying nearby cities include Oklahoma City, OK ($78,180) and Southeast Oklahoma nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Enid, OK area with a job density of 2.019 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Enid, OK