Loan Officers Salary in New Orleans, LA
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a moderate occupation in New Orleans, LA, with a median annual salary of $58,690. Loan Officerss in New Orleans, LA earn $15,490 less (21%) than the national median of $74,180. There is significant earning potential — top earners make 3.
Loan Officerss in New Orleans, LA earn $15,490 less (21%) than the national median of $74,180.
The average salary ($71,150) 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.
Only 560 Loan Officerss work in New Orleans, LA. Consider nearby metro areas for more opportunities.
Cost of Living Consideration
Although New Orleans, LA pays below the national average, the cost of living may also be lower. Your purchasing power could be comparable to higher-salary cities. Check local housing costs before deciding.
Salary Distribution
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $35,450 | $2,954 |
| 25th Percentile | $47,680 | $3,973 |
| Median | $58,690 | $4,891 |
| 75th Percentile | $93,810 | $7,818 |
| 90th Percentile | $130,140 | $10,845 |
| Mean (Average) | $71,150 | $5,929 |
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 New Orleans, LA
| Occupation | Median Salary |
|---|---|
| Natural Sciences Managers | $163,880 |
| Architectural and Engineering Managers | $163,280 |
| Computer Hardware Engineers | $142,890 |
| Industrial Engineers | $139,130 |
| Lawyers | $131,220 |
| Financial Managers | $127,860 |
| Nurse Practitioners | $127,670 |
| Mechanical Engineers | $119,690 |
| Software Developers | $112,450 |
| Engineers, All Other | $112,450 |
Related Data Insights
The cost of living in New Orleans, LA is 7.4% below the national average (index: 92.6). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of New Orleans, LA salaries is equivalent to $78,694 in an average-cost US city.