Average Loan Officers Salary in Weirton-Steubenville, WV-OH
The average salary for Loan Officerss in Weirton-Steubenville, WV-OH is $69,360. While this is lower than the national average, the cost of living in Weirton-Steubenville, WV-OH may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $69,360 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,370.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Weirton-Steubenville, WV-OH economy.
Salary Overview
The average Loan Officers in Weirton-Steubenville, WV-OH earns-19.6%below the national average.
$33.4
$1,334
$5,780
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Weirton-Steubenville, WV-OH have experienced a rapid surge, growing by 22.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Weirton-Steubenville, WV-OH
The earning potential for Loan Officerss in Weirton-Steubenville, WV-OH varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $35,600, while highly experienced professionals can command wages upwards of $128,370.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,600 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,020 | $25 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $54,070 | $26 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,700 | $41.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,370 | $61.7 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$69,360
Gross Pay
Real Wage (Purchasing Power)
$69,360
Adjusted for COL (100)
In Weirton-Steubenville, WV-OH, the Cost of Living Index is 100. This increases your effective purchasing power from $69,360 to $69,360.
Job Market Context
50
Total Jobs
1.342
Per 1K Jobs
0.71
Location Quotient
Weirton-Steubenville, WV-OH has 0.71x 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.
50 people work as Loan Officers in Weirton-Steubenville, WV-OH.
1.342 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. |
|---|---|---|
| Wheeling, WV-OH Loan Officers Salary | $66,780↓ 4% | 24 mi |
| Pittsburgh, PA Loan Officers Salary | $73,250↑ 6% | 30 mi |
| Youngstown-Warren, OH Loan Officers Salary | $69,940↑ 1% | 48 mi |
| Canton-Massillon, OH Loan Officers Salary | $67,640↓ 2% | 50 mi |
| Morgantown, WV Loan Officers Salary | $71,800↑ 4% | 62 mi |
Comparing salaries near Weirton-Steubenville, WV-OH
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Weirton-Steubenville, WV-OH?
The median annual salary for a Loan Officers in Weirton-Steubenville, WV-OH is $69,360. This typically ranges from $35,600 for entry-level positions to $128,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Weirton-Steubenville, WV-OH is 19.6% lower than the national median of $86,220.
Is Weirton-Steubenville, WV-OH a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Weirton-Steubenville, WV-OH is $69,360 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Weirton-Steubenville, WV-OH. See distinct detailed breakdown below.
Is Weirton-Steubenville, WV-OH a good place to live for Loan Officers?
The Cost of Living Index in Weirton-Steubenville, WV-OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Weirton-Steubenville, WV-OH?
Some top paying nearby cities include Wheeling, WV-OH ($66,780) and Pittsburgh, PA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Weirton-Steubenville, WV-OH area with a job density of 1.342 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 Weirton-Steubenville, WV-OH