Loan Officer salary in Beckley, WV
Loan Officers in the Beckley, WV metro area earn a median of $49,680 a year ($23.89 an hour), based on BLS data for 60 workers.
Pay ranges from $33,330 for the lowest-paid 10% to $125,510 for the top 10%. That is 35% lower than the national median of $76,690. Pay here is 14% lower than the West Virginia statewide median of $57,580. There are 1.3 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.76). The average (mean) salary is $65,210, above the median because a few high earners pull it up.
Pay range for loan officers in Beckley, WV
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $33,330 | $16.02 |
| 25th percentile | $38,980 | $18.74 |
| Median | $49,680 | $23.89 |
| 75th percentile | $75,010 | $36.06 |
| 90th percentile (top earners) | $125,510 | $60.34 |
| Average (mean) | $65,210 | $31.35 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $4,140 |
| Semi-monthly (24 a year) | $2,070 |
| Biweekly (26 a year) | $1,910.77 |
| Weekly | $955.38 |
| Hourly | $23.89 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $49,680 salary, see how much house you can afford in West Virginia at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $97,800 | 5,000 |
| Morgantown, WV | $67,440 | 90 |
| Winchester, VA-WV | $63,320 | 280 |
| Hagerstown-Martinsburg, MD-WV | $62,060 | 120 |
| Parkersburg-Vienna, WV | $59,180 | 80 |
| Wheeling, WV-OH | $59,060 | 110 |
| Charleston, WV | $58,390 | 180 |
| Huntington-Ashland, WV-KY-OH | $57,000 | 210 |
| Weirton-Steubenville, WV-OH | $52,380 | 50 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the West Virginia statewide figures.
Related jobs in Beckley, WV
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $72,120 | $34.67 |
| Financial Specialists, All Other | $81,470 | $39.17 |
| Property Appraisers and Assessors | $45,550 | $21.90 |
| Personal Financial Advisor | $79,920 | $38.42 |
| Business Operations Specialists, All Other | $67,200 | $32.31 |
| Human Resources Specialist | $62,850 | $30.22 |
| Compliance Officer | $57,870 | $27.82 |
| Claims Adjusters, Examiners, and Investigators | $62,830 | $30.21 |
| Market Research Analysts and Marketing Specialists | $48,060 | $23.11 |
| Project Management Specialist | $76,230 | $36.65 |
| Management Analyst | $94,520 | $45.44 |
| Training and Development Specialists | $55,600 | $26.73 |
| Buyers and Purchasing Agents | $64,070 | $30.80 |
| Cost Estimator | $53,470 | $25.71 |
More: Business and Financial Operations Occupations · all salaries in Beckley, WV
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Beckley, WV?
The median salary for loan officers in the Beckley, WV metro area is $49,680 a year, or $23.89 an hour. Pay ranges from $33,330 for the lowest-paid 10% to $125,510 for the top 10%.
How much do the highest-paid loan officers make in Beckley, WV?
The top 10% of loan officers in the Beckley, WV metro area earn at least $125,510 a year. The top 25% earn $75,010 or more.
What is the starting pay for loan officers in Beckley, WV?
Entry-level pay (the 10th percentile) is about $33,330 a year, and a quarter of loan officers earn $38,980 or less.
How many loan officers work in Beckley, WV?
About 60 loan officers are employed in the Beckley, WV metro area, not counting the self-employed.