SOC 13-2072 · Cheyenne, WY metro

Loan Officers Salary in Cheyenne, WY

The average salary for loan officers in Cheyenne, Wyoming is $77,260 a year ($37.15 an hour), according to BLS estimates for May 2025. The median is $64,050: half of the 170 people in this job in the Cheyenne, WY metro area earn more than that, half earn less. That average is 13% less than the U.S. metro average for this job ($88,726).

$77,260average per year

$37.15 / hourMedian $64,050Take-home ≈ $63,182

  • $46K10th
  • $57K25th
  • $64KMedian
  • $92K75th
  • $128K90th

median average · bar = middle 50% of workers

170people in this job
-13%vs U.S. metro average
#2 of 2Wyoming metros
96cost of living (U.S. = 100)
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Loan Officers pay range in Cheyenne

New workers and the lowest-paid 10% earn about $46,140 a year or less, while the top 10% make $127,660 or more. The middle half of loan officers in Cheyenne earn between $57,370 and $92,370.

  • $46K10th
  • $57K25th
  • $64KMedian
  • $92K75th
  • $128K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$77,260$6,438$37.14
Median$64,050$5,338$30.79
Entry level (25th percentile)$57,370$4,781$27.58
Experienced (75th percentile)$92,370$7,698$44.41

*Hourly figures assume 2,080 paid hours a year.

Loan Officers salary after taxes in Cheyenne

On the average salary of $77,260, a single filer in Cheyenne takes home about $63,182 a year, or $5,265 a month and $2,430 every two weeks. Taxes take 18% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.

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Is Cheyenne a good place for loan officers? Pay vs. cost of living

Prices in the Cheyenne area are 4% below the U.S. average (BEA price parity 96.5), so the average $77,260 buys what about $80,070 would buy in a typical U.S. metro. This job pays 1.2 times the median wage of all jobs in Cheyenne ($51,540). A typical home costs $390,859, or 5.1 years of this average salary before tax.

See what $77,260 is worth in another city

Loan Officers salary in other Wyoming cities

Cheyenne ranks 2nd of 2 Wyoming metro areas for this job; Casper pays the most ($85,300).

All Loan Officers salaries in Wyoming

Highest-paying cities for loan officers

Elmira, NY pays this job the most of the metro areas we cover ($129,370).

Loan Officers salary by city

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Reviewed before it counts. Loan Officers in Cheyenne, WY.

Loan Officers salary in Cheyenne: questions

How much do loan officers make an hour in Cheyenne?

$37.15 an hour on average, and $30.79 at the median (BLS, May 2025).

What is the entry-level loan officers salary in Cheyenne?

The lowest-paid 10% earn about $46,140 a year and the 25th percentile is $57,370, a fair guide to starting pay.

What is the loan officers take-home pay in Cheyenne?

About $63,182 a year ($5,265 a month) for a single filer on the average salary of $77,260. Wyoming has no state income tax.

Do loan officers earn more in Cheyenne than elsewhere?

The average here is 13% less than the U.S. metro average for this job ($88,726).

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 Cheyenne, WY (16940). Relative standard error of the mean wage: 4.4%.
  • 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 no state income tax.
  • Job concentration: location quotient 1.99, this job is 2.0 times as concentrated as in the U.S. overall.

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