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SalaryTruth

Loan Officer Salary in Denver, CO

2024 BLS OEWS Data · Finance · COL Index: 112.8

$81,200
Median Salary
$93,430
Mean Salary
$71,986
COL-Adjusted
2,270
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$35,310$31,303
25th Percentile$61,420$54,450
50th Percentile (Median)$81,200$71,986
75th Percentile$121,930$108,094
90th Percentile (Top Earners)$159,310$141,232

What Drives the Range

The $124,000 spread between the 10th and 90th percentiles for Loan Officer positions in Denver, CO 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.

Denver, CO's cost-of-living index of 112.8 means that a $81,200 median salary here has the same purchasing power as $71,986 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.