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Average Loan Officers Salary in Southwestern New Hampshire nonmetropolitan area

Yes, Southwestern New Hampshire nonmetropolitan area is a highly lucrative market for Loan Officerss. With an average annual salary of $95,630, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $95,630 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,790.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Southwestern New Hampshire nonmetropolitan area economy.
2024 Market Data

Salary Overview

$95,630

The average Loan Officers in Southwestern New Hampshire nonmetropolitan area earns+10.9%above the national average.

BreakdownBased on 40h/week
Hourly

$46

Weekly

$1,839

Monthly

$7,969

Loan Officers Salary Distribution in Southwestern New Hampshire nonmetropolitan area

The earning potential for Loan Officerss in Southwestern New Hampshire nonmetropolitan area 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 $44,270, while highly experienced professionals can command wages upwards of $165,790.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,270$21.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$71,723$34.5
ManagerOversees team, compliance, and project delivery.50% (Median)$80,050$38.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$119,538$57.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$165,790$79.7

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$95,630

Gross Pay

Real Wage (Purchasing Power)

$95,630

Adjusted for COL (100)

In Southwestern New Hampshire nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $95,630 to $95,630.

Job Market Context

70

Total Jobs

1.376

Per 1K Jobs

0.73

Location Quotient

Below Average

Southwestern New Hampshire nonmetropolitan area has 0.73x 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.

70 people work as Loan Officers in Southwestern New Hampshire nonmetropolitan area.

1.376 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 Southwestern New Hampshire nonmetropolitan area

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Southwestern New Hampshire nonmetropolitan area?

The median annual salary for a Loan Officers in Southwestern New Hampshire nonmetropolitan area is $95,630. This typically ranges from $44,270 for entry-level positions to $165,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwestern New Hampshire nonmetropolitan area is 10.9% higher than the national median of $86,220.

Is Southwestern New Hampshire nonmetropolitan area a good place for Loan Officerss?

Yes, Southwestern New Hampshire nonmetropolitan area is financially attractive for Loan Officerss. The average salary of $95,630 exceeds the national average. See distinct detailed breakdown below.

Is Southwestern New Hampshire nonmetropolitan area a good place to live for Loan Officers?

The Cost of Living Index in Southwestern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwestern New Hampshire nonmetropolitan area?

Some top paying nearby cities include Manchester-Nashua, NH ($101,260) and Portland-South Portland, ME.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Southwestern New Hampshire nonmetropolitan area area with a job density of 1.376 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.