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Loan Officers Salary in Vermont

How much does a Loan Officers make in Vermont?

Last updated: 2024 data from the Bureau of Labor Statistics

$86,490
Median Annual Salary
$100,750
Mean Salary
$86,490
Median Salary
$41.58
Hourly Rate
440 people work as Loan Officers in Vermont

About This Job: Loan Officers

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

Top Skills

Active Listening
4.0
Speaking
4.0
Reading Comprehension
3.88
Judgment and Decision Making
3.88
Critical Thinking
3.75

Key Knowledge Areas

Customer and Personal Service
4.7
Economics and Accounting
3.86
English Language
3.77
Mathematics
3.69
Sales and Marketing
3.47
Typical Education: Bachelor's Degree (68.7% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Loan Officers in Vermont

Salaries for Loan Officers in Vermont range from $50,930 at the 10th percentile (entry level) to $164,790 at the 90th percentile (experienced). The middle 50% earn between $62,690 and $127,190.

Median $86,490
P10: $50,930 P25: $62,690 P75: $127,190 P90: $164,790
10th
$50,930
25th
$62,690
Median
$86,490
75th
$127,190
90th
$164,790
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $50,930 $24.49 $4,244
25th Percentile $62,690 $30.14 $5,224
Median (50th) $86,490 $41.58 $7,207
75th Percentile $127,190 $61.15 $10,599
90th Percentile (Experienced) $164,790 $79.23 $13,732

Note: The mean (average) salary of $100,750 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Loan Officers salary in Vermont adjusted for cost of living →

Loan Officers Salary by State

Compare Loan Officers pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Loan Officers make in Vermont?
The median annual salary for a Loan Officers in Vermont is $86,490 as of 2024. The average (mean) salary is $100,750.
What is the salary range for a Loan Officers in Vermont?
Salaries for Loan Officers in Vermont range from $50,930 at the 10th percentile to $164,790 at the 90th percentile. The middle 50%% earn between $62,690 and $127,190.
What is the starting salary for a Loan Officers in Vermont?
Entry-level Loan Officers positions in Vermont typically start around $50,930 (10th percentile). With some experience, salaries rise to $62,690 (25th percentile).
How many people work as Loan Officers in Vermont?
According to 2024 BLS data, approximately 440 people are employed as Loan Officers in Vermont.
What is the hourly rate for a Loan Officers in Vermont?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Vermont is approximately $41.58 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS