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Average Loan Officers Salary in Manhattan, KS

Yes, Manhattan, KS is a highly lucrative market for Loan Officerss. With an average annual salary of $95,610, professionals here earn significantly more than the national norm. Notably, Manhattan, KS is a key hub for this profession, with a job concentration 1.78x higher than average.

Executive Summary

  • Average Salary: $95,610 per year.
  • Growth Trend: Salaries have shifted 18.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,290.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 180 professionals. With a high job density of 3.345 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
2024 Market Data

Salary Overview

$95,610

The average Loan Officers in Manhattan, KS earns+10.9%above the national average.

BreakdownBased on 40h/week
Hourly

$46

Weekly

$1,839

Monthly

$7,968

Loan Officers Salary Distribution in Manhattan, KS

The earning potential for Loan Officerss in Manhattan, KS varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $53,550, while highly experienced professionals can command wages upwards of $154,290.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,550$25.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$71,708$34.5
ManagerOversees team, compliance, and project delivery.50% (Median)$88,400$42.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$119,513$57.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$154,290$74.2

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$95,610

Gross Pay

Real Wage (Purchasing Power)

$95,610

Adjusted for COL (100)

In Manhattan, KS, the Cost of Living Index is 100. This increases your effective purchasing power from $95,610 to $95,610.

Job Market Context

180

Total Jobs

3.345

Per 1K Jobs

1.78

Location Quotient

Major Hub

Manhattan, KS has 1.8x the national concentration of Loan Officers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

180 people work as Loan Officers in Manhattan, KS.

Moderate density — roughly 3.345 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Loan Officers

Comparing salaries near Manhattan, KS

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Manhattan, KS?

The median annual salary for a Loan Officers in Manhattan, KS is $95,610. This typically ranges from $53,550 for entry-level positions to $154,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Manhattan, KS is 10.9% higher than the national median of $86,220.

Is Manhattan, KS a good place for Loan Officerss?

Yes, Manhattan, KS is an excellent location for Loan Officerss. It offers both higher-than-average salaries ($95,610) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Manhattan, KS a good place to live for Loan Officers?

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

Where are the highest paying cities near Manhattan, KS?

Some top paying nearby cities include Kansas nonmetropolitan area ($88,980) and Topeka, KS.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Manhattan, KS area with a job density of 3.345 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.