Loan Officers Salary in Arizona
SOC 13-2072 · Arizona · BLS OEWS May 2024
The median salary for Loan Officers in Arizona is $53,768 per year ($25.85/hr). This is 27.5% lower than the national median of $74,173. The middle 50% earn between $45,469 and $79,622 annually. Top earners at the 90th percentile reach $108,638.
Wage Percentiles: Arizona
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $14.38 | $29,910 | -22.3% |
| P25 | $21.86 | $45,469 | -9.9% |
| P50MEDIAN | $25.85 | $53,768 | -27.5% |
| P75 | $38.28 | $79,622 | -21.9% |
| P90 | $52.23 | $108,638 | -25.5% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median loan officers salary in Arizona?
The median (P50) annual salary for Loan Officers in Arizona is approximately $53,768, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 27.5% lower than the national median of $74,173.
What is the salary range for entry-level loan officers in Arizona?
Entry-level Loan Officers (10th percentile) in Arizona earn approximately $29,910 per year. The 25th percentile is $45,469. Top earners (90th percentile) reach $108,638.
How does Arizona compare to the national average for loan officers?
Arizona pays 27.5% lower than the national average. The national P50 is $74,173 vs $53,768 in Arizona. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
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