Loan Officers Salary in Raleigh, NC
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a moderate occupation in Raleigh, NC, with a median annual salary of $64,540. Loan Officerss in Raleigh, NC earn $9,640 less (13%) than the national median of $74,180. Experienced Loan Officerss can expect to roughly double their starting salary over their career.
Loan Officerss in Raleigh, NC earn $9,640 less (13%) than the national median of $74,180.
The average salary ($81,770) 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 1,730 Loan Officerss work in Raleigh, NC, indicating a healthy local job market.
Cost of Living Consideration
When evaluating this salary, factor in Raleigh, NC'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 | $44,500 | $3,708 |
| 25th Percentile | $53,990 | $4,499 |
| Median | $64,540 | $5,378 |
| 75th Percentile | $96,330 | $8,028 |
| 90th Percentile | $129,890 | $10,824 |
| Mean (Average) | $81,770 | $6,814 |
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 Raleigh, NC
| Occupation | Median Salary |
|---|---|
| Natural Sciences Managers | $166,250 |
| Architectural and Engineering Managers | $165,420 |
| Financial Managers | $162,120 |
| Managers, All Other | $132,880 |
| Software Developers | $131,390 |
| Nurse Practitioners | $131,320 |
| Electrical Engineers | $130,900 |
| Computer Hardware Engineers | $129,200 |
| Database Administrators | $129,000 |
| Lawyers | $128,130 |
Related Data Insights
The cost of living in Raleigh, NC is 1.8% below the national average (index: 98.2). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Raleigh, NC salaries is equivalent to $79,670 in an average-cost US city.