Average Loan Officers Salary in Arizona nonmetropolitan area
The average salary for Loan Officerss in Arizona nonmetropolitan area is $58,790. While this is lower than the national average, the cost of living in Arizona nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $58,790 per year.
- Growth Trend: Salaries have shifted 37.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,300.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Arizona nonmetropolitan area economy.
Salary Overview
The average Loan Officers in Arizona nonmetropolitan area earns-31.8%below the national average.
$28.3
$1,131
$4,899
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Arizona nonmetropolitan area have seen a slight adjustment of -37.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Arizona nonmetropolitan area
The earning potential for Loan Officerss in Arizona nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $29,850, while highly experienced professionals can command wages upwards of $106,300.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,850 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,093 | $21.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $52,290 | $25.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,488 | $35.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,300 | $51.1 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$58,790
Gross Pay
Real Wage (Purchasing Power)
$58,790
Adjusted for COL (100)
In Arizona nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $58,790 to $58,790.
Job Market Context
40
Total Jobs
0.445
Per 1K Jobs
0.24
Location Quotient
At 0.24x, Arizona nonmetropolitan area has a notably lower concentration of Loan Officers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
40 people work as Loan Officers in Arizona nonmetropolitan area.
Only 0.445 out of every 1,000 local jobs are Loan Officers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Phoenix-Mesa-Chandler, AZ Loan Officers Salary | $65,830↑ 12% | 39 mi |
| Prescott Valley-Prescott, AZ Loan Officers Salary | $64,500↑ 10% | 79 mi |
Comparing salaries near Arizona nonmetropolitan area
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Arizona nonmetropolitan area?
The median annual salary for a Loan Officers in Arizona nonmetropolitan area is $58,790. This typically ranges from $29,850 for entry-level positions to $106,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arizona nonmetropolitan area is 31.8% lower than the national median of $86,220.
Is Arizona nonmetropolitan area a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Arizona nonmetropolitan area is $58,790 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Arizona nonmetropolitan area. See distinct detailed breakdown below.
Is Arizona nonmetropolitan area a good place to live for Loan Officers?
The Cost of Living Index in Arizona nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Arizona nonmetropolitan area?
Some top paying nearby cities include Phoenix-Mesa-Chandler, AZ ($65,830) and Prescott Valley-Prescott, AZ.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Arizona nonmetropolitan area area with a job density of 0.445 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 Arizona nonmetropolitan area
- All Occupations Salary in Arizona nonmetropolitan area
- Office and Administrative Support Occupations Salary in Arizona nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Arizona nonmetropolitan area
- Sales and Related Occupations Salary in Arizona nonmetropolitan area
- Construction and Extraction Occupations Salary in Arizona nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Arizona nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Arizona nonmetropolitan area
- Management Occupations Salary in Arizona nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Arizona nonmetropolitan area
- Protective Service Occupations Salary in Arizona nonmetropolitan area
- Browse All Jobs in Arizona nonmetropolitan area →
Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Arizona nonmetropolitan area