SOC 13-2072 · California · BLS OEWS May 2024
The median salary for Loan Officers in California is $87,524 per year ($42.08/hr). This is 18% higher than the national median of $74,173. The middle 50% earn between $59,544 and $120,266 annually. Top earners at the 90th percentile reach $172,029.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $21.84 | $45,431 | +18.0% |
| P25 | $28.63 | $59,544 | +18.0% |
| P50MEDIAN | $42.08 | $87,524 | +18.0% |
| P75 | $57.82 | $120,266 | +18.0% |
| P90 | $82.71 | $172,029 | +18.0% |
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.
The median (P50) annual salary for Loan Officers in California is approximately $87,524, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 18% higher than the national median of $74,173.
Entry-level Loan Officers (10th percentile) in California earn approximately $45,431 per year. The 25th percentile is $59,544. Top earners (90th percentile) reach $172,029.
California pays 18% higher than the national average. The national P50 is $74,173 vs $87,524 in California. Based on BLS national data adjusted for regional cost factors.
Free BLS wage benchmarks, JOLTS talent signals, and AI analyst briefs