Average Loan Officers Salary in Parkersburg-Vienna, WV
The average salary for Loan Officerss in Parkersburg-Vienna, WV is $64,650. While this is lower than the national average, the cost of living in Parkersburg-Vienna, WV may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $64,650 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $116,510.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Parkersburg-Vienna, WV economy.
Salary Overview
The average Loan Officers in Parkersburg-Vienna, WV earns-25.0%below the national average.
$31.1
$1,243
$5,388
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Parkersburg-Vienna, WV have experienced a rapid surge, growing by 20.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Parkersburg-Vienna, WV
The earning potential for Loan Officerss in Parkersburg-Vienna, WV varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,730, while highly experienced professionals can command wages upwards of $116,510.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,730 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $48,488 | $23.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $52,650 | $25.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $80,813 | $38.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $116,510 | $56 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$64,650
Gross Pay
Real Wage (Purchasing Power)
$64,650
Adjusted for COL (100)
In Parkersburg-Vienna, WV, the Cost of Living Index is 100. This increases your effective purchasing power from $64,650 to $64,650.
Job Market Context
80
Total Jobs
2.104
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Parkersburg-Vienna, WV has a slightly higher-than-average concentration of Loan Officers roles compared to the national norm.
80 people work as Loan Officers in Parkersburg-Vienna, WV.
Moderate density — roughly 2.104 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Charleston, WV Loan Officers Salary | $59,150↓ 9% | 63 mi |
| Wheeling, WV-OH Loan Officers Salary | $66,780↑ 3% | 72 mi |
| Huntington-Ashland, WV-KY-OH Loan Officers Salary | $59,320↓ 8% | 76 mi |
| Morgantown, WV Loan Officers Salary | $71,800↑ 11% | 89 mi |
| Columbus, OH Loan Officers Salary | $87,500↑ 35% | 91 mi |
Comparing salaries near Parkersburg-Vienna, WV
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Parkersburg-Vienna, WV?
The median annual salary for a Loan Officers in Parkersburg-Vienna, WV is $64,650. This typically ranges from $36,730 for entry-level positions to $116,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Parkersburg-Vienna, WV is 25.0% lower than the national median of $86,220.
Is Parkersburg-Vienna, WV a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Parkersburg-Vienna, WV is $64,650 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Parkersburg-Vienna, WV. See distinct detailed breakdown below.
Is Parkersburg-Vienna, WV a good place to live for Loan Officers?
The Cost of Living Index in Parkersburg-Vienna, WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Parkersburg-Vienna, WV?
Some top paying nearby cities include Charleston, WV ($59,150) and Wheeling, WV-OH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Parkersburg-Vienna, WV area with a job density of 2.104 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 Parkersburg-Vienna, WV