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Loan Officer Salary in Los Angeles, CA

2024 BLS OEWS Data · Finance · COL Index: 166

$80,340
Median Salary
$93,970
Mean Salary
$48,398
COL-Adjusted
11,110
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$36,850$22,199
25th Percentile$54,600$32,892
50th Percentile (Median)$80,340$48,398
75th Percentile$118,250$71,235
90th Percentile (Top Earners)$152,840$92,072

What Drives the Range

The $115,990 spread between the 10th and 90th percentiles for Loan Officer positions in Los Angeles, CA 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.

Los Angeles, CA's cost-of-living index of 166 means that a $80,340 median salary here has the same purchasing power as $48,398 in an average-cost U.S. city. Despite the higher cost of living, this metro area offers a deep talent pool and typically higher total compensation when including equity and bonuses.