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Loan Officer Salary in San Jose, CA

2024 BLS OEWS Data · Finance · COL Index: 195.8

$81,990
Median Salary
$103,360
Mean Salary
$41,874
COL-Adjusted
1,480
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$42,180$21,542
25th Percentile$66,180$33,800
50th Percentile (Median)$81,990$41,874
75th Percentile$126,480$64,597
90th Percentile (Top Earners)$164,630$84,081

What Drives the Range

The $122,450 spread between the 10th and 90th percentiles for Loan Officer positions in San Jose, 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.

San Jose, CA's cost-of-living index of 195.8 means that a $81,990 median salary here has the same purchasing power as $41,874 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.