Loan Officers Salary in Los Angeles, CA
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a above-average occupation in Los Angeles, CA, with a median annual salary of $80,340. Loan Officerss in Los Angeles, CA earn $6,160 more (8%) than the national median of $74,180. There is significant earning potential — top earners make 4.
Loan Officerss in Los Angeles, CA earn $6,160 more (8%) than the national median of $74,180.
The average salary ($93,970) is notably higher than the median — this means top earners pull the average up. A small number of highly paid Loan Officerss skew the data.
With 11,110 Loan Officerss employed in Los Angeles, CA, there is a strong job market and likely good career opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Los Angeles, CA's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
Salary Distribution
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $36,850 | $3,071 |
| 25th Percentile | $54,600 | $4,550 |
| Median | $80,340 | $6,695 |
| 75th Percentile | $118,250 | $9,854 |
| 90th Percentile | $152,840 | $12,737 |
| Mean (Average) | $93,970 | $7,831 |
Loan Officers Salary in Other Cities
| Metro Area | Median Salary |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $102,540 |
| Boston-Cambridge-Nashua, MA-NH | $94,850 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $94,840 |
| San Francisco-Oakland-Berkeley, CA | $94,110 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $91,900 |
| San Jose-Sunnyvale-Santa Clara, CA | $81,990 |
| Denver-Aurora-Lakewood, CO | $81,200 |
| Charlotte-Concord-Gastonia, NC-SC | $81,160 |
| Los Angeles-Long Beach-Anaheim, CA | $80,340 |
| Kansas City, MO-KS | $79,690 |
Highest Paying Jobs in Los Angeles, CA
| Occupation | Median Salary |
|---|---|
| Lawyers | $205,900 |
| Architectural and Engineering Managers | $181,400 |
| Family Medicine Physicians | $179,990 |
| Financial Managers | $171,920 |
| Natural Sciences Managers | $171,620 |
| Managers, All Other | $165,340 |
| Nurse Practitioners | $164,510 |
| Marketing Managers | $163,100 |
| Human Resources Managers | $161,970 |
| Software Developers | $155,330 |
Related Data Insights
The cost of living in Los Angeles, CA is 13.6% above the national average (index: 113.6). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Los Angeles, CA salaries is equivalent to $84,507 in an average-cost US city.