Loan Officers pay range in Morgantown
New workers and the lowest-paid 10% earn about $37,110 a year or less, while the top 10% make $128,400 or more. The middle half of loan officers in Morgantown earn between $49,880 and $92,740.
- $37K10th
- $50K25th
- $67KMedian
- $93K75th
- $128K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $75,670 | $6,306 | $36.38 |
| Median | $67,440 | $5,620 | $32.42 |
| Entry level (25th percentile) | $49,880 | $4,157 | $23.98 |
| Experienced (75th percentile) | $92,740 | $7,728 | $44.59 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Morgantown vs. West Virginia and the U.S.
Loan officers in Morgantown earn 13% more than the West Virginia average ($66,780) and 14% less than the U.S. average ($87,790). At the median the gap is -12% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Morgantown | $75,670 | $67,440 | $37,110 | $128,400 | 90 |
| West Virginia | $66,780 | $57,580 | $37,830 | $114,800 | 1,290 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Loan Officers salary after taxes in Morgantown
On the average salary of $75,670, a single filer in Morgantown takes home about $59,487 a year, or $4,957 a month and $2,288 every two weeks. Taxes take 21% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Morgantown a good place for loan officers? Pay vs. cost of living
Prices in the Morgantown area are 7% below the U.S. average (BEA price parity 93.3), so the average $75,670 buys what about $81,084 would buy in a typical U.S. metro. This job pays 1.4 times the median wage of all jobs in Morgantown ($47,350). A typical home costs $226,953, or 3.0 years of this average salary before tax.
Loan Officers salary in other West Virginia cities
Morgantown ranks 1st of 7 West Virginia metro areas for this job, the best-paid in the state.
- Morgantown$75,670
- Huntington$71,550
- Wheeling$66,920
- Charleston$65,500
- Beckley$65,210
- Parkersburg$63,520
- Weirton$61,780
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Morgantown: questions
How much do loan officers make an hour in Morgantown?
$36.38 an hour on average, and $32.43 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Morgantown?
The lowest-paid 10% earn about $37,110 a year and the 25th percentile is $49,880, a fair guide to starting pay.
What is the loan officers take-home pay in Morgantown?
About $59,487 a year ($4,957 a month) for a single filer on the average salary of $75,670.
Do loan officers earn more in Morgantown than elsewhere?
The average here is 14% less than the U.S. average for this job ($87,790).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Morgantown, WV (34060). Relative standard error of the mean wage: 4.1%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
- Job concentration: location quotient 0.77, this job is less common than in the U.S. overall (location quotient 0.77).
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