LocalSalaryHub Salary Report
Loan Officers in El Paso, VT · Generated June 5, 2026
Loan Officers Salary in El Paso, VT $137,663/yr
$137,663
Mean: $144,546
~$107,377 est. take-home
$66.18
Based on 2,080 hrs/yr
103
100 = national avg
Salary Distribution
Where the median falls between the 25th and 75th percentile.
25th %
$110,130
Median
$137,663
75th %
$172,079
Median is in the 44th percentile of the typical range
Loan Officers in other VT cities
Compare the same occupation across cities in VT.
About Loan Officers salaries in El Paso, VT
Loan Officers in El Paso, VT earn a median of $137,663 per year, based on BLS Occupational Employment and Wage Statistics data. The mean salary is $144,546, which tends to skew higher because a small number of high earners pull the average up.
Most loan officers in this area earn between $110,130 and $172,079. Where you land depends on experience, employer type, and whether you have in-demand specializations.
That works out to roughly $66.18 per hour assuming a standard 2,080-hour work year. Actual hourly pay may differ for part-time or contract roles.
Career Outlook
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 El Paso, VT
Median: $137,663/yr — browse openings that fit.
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Frequently Asked Questions
What is the average salary for a loan officers in El Paso?▾
The median — where half earn more and half earn less — is $137,663. The average (mean) is $144,546, which is higher because top earners pull it up.
How much does a loan officers make per hour in El Paso?▾
About $66.18/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 El Paso?▾
The middle 50% earn between $110,130 and $172,079. Below $110,130 is typically entry-level; above $172,079 usually means significant experience or specialized skills.
Salary Conversion Table
How does $137,663 per year break down across different time periods?
| Period | Gross | Est. Take-Home |
|---|---|---|
| Yearly | $137,663 | $107,377 |
| Monthly | $11,472 | $8,948 |
| Biweekly | $5,295 | $4,130 |
| Weekly | $2,647 | $2,065 |
| Hourly (40h/wk) | $66.18 | $51.62 |
| Hourly (35h/wk) | $75.64 | $59 |
| Hourly (30h/wk) | $88.25 | $68.83 |
| Daily (8h) | $529 | $413 |
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.
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