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SalaryTruth

Loan Officer Salary in Raleigh, NC

2024 BLS OEWS Data · Finance · COL Index: 99.8

$64,540
Median Salary
$81,770
Mean Salary
$64,669
COL-Adjusted
1,730
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$44,500$44,589
25th Percentile$53,990$54,098
50th Percentile (Median)$64,540$64,669
75th Percentile$96,330$96,523
90th Percentile (Top Earners)$129,890$130,150

What Drives the Range

The $85,390 spread between the 10th and 90th percentiles for Loan Officer positions in Raleigh, 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.

Raleigh, NC's cost-of-living index of 99.8 means that a $64,540 median salary here has the same purchasing power as $64,669 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.