Average Loan Officers Salary in Sussex Delaware nonmetropolitan area
The average salary for a Loan Officers in Sussex Delaware nonmetropolitan area is $90,580. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $90,580 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $152,730.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Sussex Delaware nonmetropolitan area economy.
Salary Overview
The average Loan Officers in Sussex Delaware nonmetropolitan area earns+5.1%above the national average.
$43.6
$1,742
$7,548
Loan Officers Salary Trends (2020-2024)
Historical trend data for Loan Officers in Sussex Delaware nonmetropolitan area is limited, but current market signals indicate a stable demand environment.
Loan Officers Salary Distribution in Sussex Delaware nonmetropolitan area
The earning potential for Loan Officerss in Sussex Delaware nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $43,790, while highly experienced professionals can command wages upwards of $152,730.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,790 | $21.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,935 | $32.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,440 | $37.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $113,225 | $54.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $152,730 | $73.4 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$90,580
Gross Pay
Real Wage (Purchasing Power)
$90,580
Adjusted for COL (100)
In Sussex Delaware nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $90,580 to $90,580.
Job Market Context
130
Total Jobs
1.435
Per 1K Jobs
0.76
Location Quotient
Sussex Delaware nonmetropolitan area has 0.76x 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.
130 people work as Loan Officers in Sussex Delaware nonmetropolitan area.
1.435 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Dover, DE Loan Officers Salary | $78,320↓ 14% | 11 mi |
| Vineland, NJ Loan Officers Salary | $90,860↑ 0% | 29 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Loan Officers Salary | $83,500↓ 8% | 47 mi |
| Atlantic City-Hammonton, NJ Loan Officers Salary | $92,000↑ 2% | 56 mi |
| Baltimore-Columbia-Towson, MD Loan Officers Salary | $84,620↓ 7% | 59 mi |
Comparing salaries near Sussex Delaware nonmetropolitan area
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Sussex Delaware nonmetropolitan area?
The median annual salary for a Loan Officers in Sussex Delaware nonmetropolitan area is $90,580. This typically ranges from $43,790 for entry-level positions to $152,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sussex Delaware nonmetropolitan area is 5.1% higher than the national median of $86,220.
Is Sussex Delaware nonmetropolitan area a good place for Loan Officerss?
Yes, Sussex Delaware nonmetropolitan area is financially attractive for Loan Officerss. The average salary of $90,580 exceeds the national average. See distinct detailed breakdown below.
Is Sussex Delaware nonmetropolitan area a good place to live for Loan Officers?
The Cost of Living Index in Sussex Delaware nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sussex Delaware nonmetropolitan area?
Some top paying nearby cities include Dover, DE ($78,320) and Vineland, NJ.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Sussex Delaware nonmetropolitan area area with a job density of 1.435 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 Sussex Delaware nonmetropolitan area