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Loan Officer Salary in Phoenix, AZ

Updated

The median loan officer in the Phoenix area earns $61,850 a year ($29.74 an hour), 19% below the U.S. median ($76,690) and about the same as the Arizona median ($62,160). Half of the 8,350 loan officers there earn between $47,900 and $100,880.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Loan Officers, May 2025 (latest official data). Metro area: Phoenix-Mesa-Chandler, AZ.
Annual payPhoenix areaArizonaU.S.
10th percentile$35,840$35,960$39,430
25th percentile$47,900$48,290$52,730
Median$61,850$62,160$76,690
75th percentile$100,880$101,250$104,080
90th percentile$133,850$133,890$153,180
Average$76,460$77,060$87,790
Jobs8,35010,020274,330

Phoenix, AZ ranks 48th of the 50 largest U.S. metro areas for loan officer pay. Highest: Boston, MA ($103,400).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.