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Loan Officer Salary in Salt Lake City, UT

Updated

The median loan officer in the Salt Lake City area earns $61,150 a year ($29.40 an hour), 20% below the U.S. median ($76,690) and 3% above the Utah median ($59,440). Half of loan officers there earn between $48,270 and $95,550.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Loan Officers, May 2025 (latest official data). Metro area: Salt Lake City-Murray, UT.
Annual paySalt Lake City areaUtahU.S.
10th percentile$39,910$37,790$39,430
25th percentile$48,270$46,240$52,730
Median$61,150$59,440$76,690
75th percentile$95,550$87,320$104,080
90th percentile$128,750$128,200$153,180
Average$75,960$73,370$87,790
Jobsn/a3,990274,330

Salt Lake City, UT ranks 49th 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.