Average Loan Officers Salary in Chico, CA
The average salary for a Loan Officers in Chico, CA is $84,370. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $84,370 per year.
- Growth Trend: Salaries have shifted 4.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,720.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Chico, CA economy.
Salary Overview
The average Loan Officers in Chico, CA earns-2.1%below the national average.
$40.6
$1,623
$7,031
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Chico, CA have remained stable with a modest increase of 4.8%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Chico, CA
The earning potential for Loan Officerss in Chico, CA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,660, while highly experienced professionals can command wages upwards of $165,720.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,660 | $17.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,278 | $30.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,340 | $34.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,463 | $50.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $165,720 | $79.7 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$84,370
Gross Pay
Real Wage (Purchasing Power)
$84,370
Adjusted for COL (100)
In Chico, CA, the Cost of Living Index is 100. This increases your effective purchasing power from $84,370 to $84,370.
Job Market Context
90
Total Jobs
1.159
Per 1K Jobs
0.62
Location Quotient
Chico, CA has 0.62x the national average concentration of Loan Officers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
90 people work as Loan Officers in Chico, CA.
1.159 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Yuba City, CA Loan Officers Salary | $84,660↑ 0% | 44 mi |
| Redding, CA Loan Officers Salary | $88,510↑ 5% | 63 mi |
| Sacramento-Roseville-Folsom, CA Loan Officers Salary | $89,280↑ 6% | 84 mi |
Comparing salaries near Chico, CA
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Chico, CA?
The median annual salary for a Loan Officers in Chico, CA is $84,370. This typically ranges from $36,660 for entry-level positions to $165,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chico, CA is 2.1% lower than the national median of $86,220.
Is Chico, CA a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Chico, CA is $84,370 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Chico, CA. See distinct detailed breakdown below.
Is Chico, CA a good place to live for Loan Officers?
The Cost of Living Index in Chico, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chico, CA?
Some top paying nearby cities include Yuba City, CA ($84,660) and Redding, CA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Chico, CA area with a job density of 1.159 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 Chico, CA
- All Occupations Salary in Chico, CA
- Office and Administrative Support Occupations Salary in Chico, CA
- Healthcare Support Occupations Salary in Chico, CA
- Food Preparation and Serving Related Occupations Salary in Chico, CA
- Sales and Related Occupations Salary in Chico, CA
- Educational Instruction and Library Occupations Salary in Chico, CA
- Healthcare Practitioners and Technical Occupations Salary in Chico, CA
- Home Health and Personal Care Aides Salary in Chico, CA
- Transportation and Material Moving Occupations Salary in Chico, CA
- Management Occupations Salary in Chico, CA
- Browse All Jobs in Chico, CA →
Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Chico, CA