Loan Officers Salary in Salt Lake City, UT
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a moderate occupation in Salt Lake City, UT, with a median annual salary of $61,760. Loan Officerss in Salt Lake City, UT earn $12,420 less (17%) than the national median of $74,180. There is significant earning potential — top earners make 3.
Loan Officerss in Salt Lake City, UT earn $12,420 less (17%) than the national median of $74,180.
The average salary ($82,920) 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 3,490 Loan Officerss work in Salt Lake City, UT, indicating a healthy local job market.
Cost of Living Consideration
Although Salt Lake City, UT 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 | $39,610 | $3,301 |
| 25th Percentile | $47,030 | $3,919 |
| Median | $61,760 | $5,147 |
| 75th Percentile | $94,270 | $7,856 |
| 90th Percentile | $128,370 | $10,698 |
| Mean (Average) | $82,920 | $6,910 |
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 Salt Lake City, UT
| Occupation | Median Salary |
|---|---|
| Architectural and Engineering Managers | $148,160 |
| Financial Managers | $140,270 |
| Computer Network Architects | $134,040 |
| Database Administrators | $131,550 |
| Lawyers | $129,550 |
| Software Developers | $128,350 |
| Computer Hardware Engineers | $127,700 |
| Education Administrators, Kindergarten through Secondary | $127,410 |
| Nurse Practitioners | $127,030 |
| Medical and Health Services Managers | $126,610 |