Average Loan Officers Salary in Alexandria, LA
The average salary for Loan Officerss in Alexandria, LA is $59,330. While this is lower than the national average, the cost of living in Alexandria, LA may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $59,330 per year.
- Growth Trend: Salaries have shifted 3.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,330.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Alexandria, LA economy.
Salary Overview
The average Loan Officers in Alexandria, LA earns-31.2%below the national average.
$28.5
$1,141
$4,944
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Alexandria, LA have seen a slight adjustment of -3.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Alexandria, LA
The earning potential for Loan Officerss in Alexandria, LA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $27,070, while highly experienced professionals can command wages upwards of $104,330.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,070 | $13 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,498 | $21.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,470 | $23.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $74,163 | $35.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,330 | $50.2 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$59,330
Gross Pay
Real Wage (Purchasing Power)
$59,330
Adjusted for COL (100)
In Alexandria, LA, the Cost of Living Index is 100. This increases your effective purchasing power from $59,330 to $59,330.
Job Market Context
120
Total Jobs
2.013
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Alexandria, LA has a slightly higher-than-average concentration of Loan Officers roles compared to the national norm.
120 people work as Loan Officers in Alexandria, LA.
Moderate density — roughly 2.013 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Southwest Louisiana nonmetropolitan area Loan Officers Salary | $61,970↑ 4% | 37 mi |
| Central Louisiana nonmetropolitan area Loan Officers Salary | $65,300↑ 10% | 37 mi |
| Northeast Louisiana nonmetropolitan area Loan Officers Salary | $65,670↑ 11% | 37 mi |
| Lafayette, LA Loan Officers Salary | $69,310↑ 17% | 79 mi |
| Lake Charles, LA Loan Officers Salary | $66,930↑ 13% | 87 mi |
Comparing salaries near Alexandria, LA
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Alexandria, LA?
The median annual salary for a Loan Officers in Alexandria, LA is $59,330. This typically ranges from $27,070 for entry-level positions to $104,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alexandria, LA is 31.2% lower than the national median of $86,220.
Is Alexandria, LA a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Alexandria, LA is $59,330 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Alexandria, LA. See distinct detailed breakdown below.
Is Alexandria, LA a good place to live for Loan Officers?
The Cost of Living Index in Alexandria, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Alexandria, LA?
Some top paying nearby cities include Southwest Louisiana nonmetropolitan area ($61,970) and Central Louisiana nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Alexandria, LA area with a job density of 2.013 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Loan Officers Salaries by State
Top Jobs in Alexandria, LA
- All Occupations Salary in Alexandria, LA
- Office and Administrative Support Occupations Salary in Alexandria, LA
- Healthcare Practitioners and Technical Occupations Salary in Alexandria, LA
- Sales and Related Occupations Salary in Alexandria, LA
- Food Preparation and Serving Related Occupations Salary in Alexandria, LA
- Healthcare Support Occupations Salary in Alexandria, LA
- Transportation and Material Moving Occupations Salary in Alexandria, LA
- Educational Instruction and Library Occupations Salary in Alexandria, LA
- Construction and Extraction Occupations Salary in Alexandria, LA
- Management Occupations Salary in Alexandria, LA
- Browse All Jobs in Alexandria, LA →
Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Alexandria, LA