SalaryNode

Average Loan Officers Salary in Joplin, MO-KS

The average salary for a Loan Officers in Joplin, MO-KS is $78,460. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $78,460 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,300.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Joplin, MO-KS economy.
2024 Market Data

Salary Overview

$78,460

The average Loan Officers in Joplin, MO-KS earns-9.0%below the national average.

BreakdownBased on 40h/week
Hourly

$37.7

Weekly

$1,509

Monthly

$6,538

Loan Officers Salary Distribution in Joplin, MO-KS

The earning potential for Loan Officerss in Joplin, MO-KS varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,920, while highly experienced professionals can command wages upwards of $127,300.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,920$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,845$28.3
ManagerOversees team, compliance, and project delivery.50% (Median)$71,030$34.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,075$47.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$127,300$61.2

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$78,460

Gross Pay

Real Wage (Purchasing Power)

$78,460

Adjusted for COL (100)

In Joplin, MO-KS, the Cost of Living Index is 100. This increases your effective purchasing power from $78,460 to $78,460.

Job Market Context

150

Total Jobs

1.72

Per 1K Jobs

0.91

Location Quotient

Below Average

Joplin, MO-KS has 0.91x the national average concentration of Loan Officers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

150 people work as Loan Officers in Joplin, MO-KS.

1.72 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Loan Officers

Comparing salaries near Joplin, MO-KS

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Joplin, MO-KS?

The median annual salary for a Loan Officers in Joplin, MO-KS is $78,460. This typically ranges from $36,920 for entry-level positions to $127,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Joplin, MO-KS is 9.0% lower than the national median of $86,220.

Is Joplin, MO-KS a good place for Loan Officerss?

It depends on your priorities. While the average Loan Officers salary in Joplin, MO-KS is $78,460 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Joplin, MO-KS. See distinct detailed breakdown below.

Is Joplin, MO-KS a good place to live for Loan Officers?

The Cost of Living Index in Joplin, MO-KS is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Joplin, MO-KS?

Some top paying nearby cities include Springfield, MO ($81,500) and Fayetteville-Springdale-Rogers, AR.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Joplin, MO-KS area with a job density of 1.72 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.