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Loan Officers Salary in Burlington, VT

BLS Official DataUpdated 2025-05-31
Median Annual

$80,770

Mean: $101,690

~$63,001 est. take-home

Hourly Rate

$38.83

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Loan Officers salary in Burlington, VT — median $80,770/year, range $66,870-$119,060

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$66,870

Median

$80,770

75th %

$119,060

Median is in the 27th percentile of the typical range

Loan Officers in other VT cities

Compare the same occupation across cities in VT.

About Loan Officers salaries in Burlington, VT

Loan Officers in Burlington, VT earn a median of $80,770 per year, based on BLS Occupational Employment and Wage Statistics data. The mean salary is $101,690, which tends to skew higher because a small number of high earners pull the average up.

Most loan officers in this area earn between $66,870 and $119,060. Where you land depends on experience, employer type, and whether you have in-demand specializations.

That works out to roughly $38.83 per hour assuming a standard 2,080-hour work year. Actual hourly pay may differ for part-time or contract roles.

Career Outlook

4% growthAs fast as average (BLS 2024–2034)

4% growth. Mortgage volume swings with interest rates, but commercial lending, SBA loans, and fintech platforms create steadier demand. When rates drop, refinance booms create temporary spikes in hiring.

Worth knowing: Commercial loan officers consistently out-earn consumer loan officers. The commission structure matters more than the base salary — top producers at commercial banks can double their base through origination fees.

Loan Officers Jobs in Burlington, VT

Median: $80,770/yr — browse openings that fit.

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Frequently Asked Questions

What is the average salary for a loan officers in Burlington?

The median — where half earn more and half earn less — is $80,770. The average (mean) is $101,690, which is higher because top earners pull it up.

How much does a loan officers make per hour in Burlington?

About $38.83/hour, based on a standard 2,080-hour work year. Part-time or overtime hours will change the actual rate.

What is the salary range for loan officers in Burlington?

The middle 50% earn between $66,870 and $119,060. Below $66,870 is typically entry-level; above $119,060 usually means significant experience or specialized skills.

Salary Conversion Table

How does $80,770 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$80,770$63,001
Monthly$6,731$5,250
Biweekly$3,107$2,423
Weekly$1,553$1,212
Hourly (40h/wk)$38.83$30.29
Hourly (35h/wk)$44.38$34.62
Hourly (30h/wk)$51.78$40.39
Daily (8h)$311$242

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Loan Officers: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for loan officers, based on BLS median salary data.

Related Occupations in Burlington

Similar roles in the same field, ranked by national average salary.

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