Loan Officers Salary in Miami, FL
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a moderate occupation in Miami, FL, with a median annual salary of $71,980. Loan Officerss in Miami, FL earn $2,200 less (3%) than the national median of $74,180. There is significant earning potential — top earners make 5.
Loan Officerss in Miami, FL earn $2,200 less (3%) than the national median of $74,180.
The average salary ($84,110) 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.
About 4,660 Loan Officerss work in Miami, FL, indicating a healthy local job market.
Cost of Living Consideration
When evaluating this salary, factor in Miami, FL'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 | $27,740 | $2,312 |
| 25th Percentile | $47,900 | $3,992 |
| Median | $71,980 | $5,998 |
| 75th Percentile | $101,120 | $8,427 |
| 90th Percentile | $148,250 | $12,354 |
| Mean (Average) | $84,110 | $7,009 |
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 Miami, FL
| Occupation | Median Salary |
|---|---|
| Architectural and Engineering Managers | $168,160 |
| Financial Managers | $154,470 |
| Nurse Practitioners | $135,450 |
| Computer Network Architects | $135,250 |
| Database Administrators | $134,790 |
| Lawyers | $129,920 |
| Software Developers | $129,840 |
| Sales Managers | $128,320 |
| Purchasing Managers | $126,320 |
| Compensation and Benefits Managers | $125,930 |