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SalaryTruth

Loan Officer Salary in Charlotte, NC

2024 BLS OEWS Data · Finance · COL Index: 96.7

$81,160
Median Salary
$97,050
Mean Salary
$83,930
COL-Adjusted
4,550
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$39,410$40,755
25th Percentile$59,790$61,830
50th Percentile (Median)$81,160$83,930
75th Percentile$117,110$121,107
90th Percentile (Top Earners)$158,080$163,475

What Drives the Range

The $118,670 spread between the 10th and 90th percentiles for Loan Officer positions in Charlotte, NC reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.

Charlotte, NC's cost-of-living index of 96.7 means that a $81,160 median salary here has the same purchasing power as $83,930 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.