Loan Officers Salary in Phoenix, AZ
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a moderate occupation in Phoenix, AZ, with a median annual salary of $53,700. Loan Officerss in Phoenix, AZ earn $20,480 less (28%) than the national median of $74,180. There is significant earning potential — top earners make 3.
Loan Officerss in Phoenix, AZ earn $20,480 less (28%) than the national median of $74,180.
The average salary ($65,830) 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 9,840 Loan Officerss employed in Phoenix, AZ, there is a strong job market and likely good career opportunities.
Cost of Living Consideration
Although Phoenix, AZ 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 | $29,990 | $2,499 |
| 25th Percentile | $46,450 | $3,871 |
| Median | $53,700 | $4,475 |
| 75th Percentile | $79,620 | $6,635 |
| 90th Percentile | $108,630 | $9,053 |
| Mean (Average) | $65,830 | $5,486 |
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 Phoenix, AZ
| Occupation | Median Salary |
|---|---|
| Computer Hardware Engineers | $163,220 |
| Purchasing Managers | $138,270 |
| Lawyers | $135,600 |
| Financial Managers | $135,360 |
| Nurse Practitioners | $134,630 |
| Managers, All Other | $134,000 |
| Database Administrators | $132,410 |
| Sales Managers | $131,410 |
| Software Developers | $129,600 |
| Natural Sciences Managers | $129,270 |
Related Data Insights
The cost of living in Phoenix, AZ is 3.3% above the national average (index: 103.3). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Phoenix, AZ salaries is equivalent to $77,414 in an average-cost US city.