Loan Officers Salary in Morgantown, WV

BLS Occupational Employment & Wage Statistics • May 2025 • Morgantown, WV

Median annual salary $58,970 -20.5% vs national
Median hourly $28.35
10th percentile $36,540
90th percentile $130,540
Employed locally 110
National median $74,180

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Loan Officers
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Morgantown, WV
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    Salary percentile breakdown

    10th
    $36,540
    25th
    $40,500
    50th (median)
    $58,970
    75th
    $82,290
    90th
    $130,540

    Morgantown economic context

    Unemployment rate 3.40% 2024 annual avg • BLS LAUS
    Median household income $62,394 2023 • Census ACS
    Loan Officers salary vs area income 95% Median Loan Officers salary is 5% below the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Winchester, VA-WV $62,200
    Hagerstown-Martinsburg, MD-WV $58,350
    Wheeling, WV-OH $57,780
    Weirton-Steubenville, WV-OH $54,070
    Parkersburg-Vienna, WV $52,650

    Related occupations in Morgantown, WV

    OccupationMedian salary
    Business Operations Specialists, All Other $59,950
    Accountants and Auditors $72,970
    Human Resources Specialists $66,940
    Project Management Specialists $79,270
    Market Research Analysts and Marketing Specialists $53,580
    Training and Development Specialists $64,090

    Frequently asked questions

    How much do Loan Officers make per hour in Morgantown?

    The median hourly wage for Loan Officers in Morgantown, WV is $28.35, based on BLS OEWS 2025 data. Top earners (90th percentile) make $61.73 or more per hour.

    Is Morgantown above or below average for Loan Officers salaries?

    The median Loan Officers salary in Morgantown, WV is 20.5% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Morgantown?

    Entry-level Loan Officers (10th percentile) earn around $36,540 per year in Morgantown, WV. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $40,500.