Average Loan Officers Salary in Houma-Bayou Cane-Thibodaux, LA
The average salary for Loan Officerss in Houma-Bayou Cane-Thibodaux, LA is $73,460. While this is lower than the national average, the cost of living in Houma-Bayou Cane-Thibodaux, LA may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $73,460 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,490.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Houma-Bayou Cane-Thibodaux, LA economy.
Salary Overview
The average Loan Officers in Houma-Bayou Cane-Thibodaux, LA earns-14.8%below the national average.
$35.3
$1,413
$6,122
Loan Officers Salary Trends (2020-2024)
Historical trend data for Loan Officers in Houma-Bayou Cane-Thibodaux, LA is limited, but current market signals indicate a stable demand environment.
Loan Officers Salary Distribution in Houma-Bayou Cane-Thibodaux, LA
The earning potential for Loan Officerss in Houma-Bayou Cane-Thibodaux, LA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $25,890, while highly experienced professionals can command wages upwards of $137,490.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $25,890 | $12.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,095 | $26.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,620 | $27.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,825 | $44.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,490 | $66.1 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$73,460
Gross Pay
Real Wage (Purchasing Power)
$73,460
Adjusted for COL (100)
In Houma-Bayou Cane-Thibodaux, LA, the Cost of Living Index is 100. This increases your effective purchasing power from $73,460 to $73,460.
Job Market Context
130
Total Jobs
1.52
Per 1K Jobs
0.81
Location Quotient
Houma-Bayou Cane-Thibodaux, LA has 0.81x 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.
130 people work as Loan Officers in Houma-Bayou Cane-Thibodaux, LA.
1.52 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. |
|---|---|---|
| New Orleans-Metairie, LA Loan Officers Salary | $71,150↓ 3% | 58 mi |
| Baton Rouge, LA Loan Officers Salary | $72,340↓ 2% | 65 mi |
| Hammond, LA Loan Officers Salary | $63,180↓ 14% | 66 mi |
| Slidell-Mandeville-Covington, LA Loan Officers Salary | $75,250↑ 2% | 74 mi |
| Lafayette, LA Loan Officers Salary | $69,310↓ 6% | 91 mi |
Comparing salaries near Houma-Bayou Cane-Thibodaux, LA
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Houma-Bayou Cane-Thibodaux, LA?
The median annual salary for a Loan Officers in Houma-Bayou Cane-Thibodaux, LA is $73,460. This typically ranges from $25,890 for entry-level positions to $137,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Houma-Bayou Cane-Thibodaux, LA is 14.8% lower than the national median of $86,220.
Is Houma-Bayou Cane-Thibodaux, LA a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Houma-Bayou Cane-Thibodaux, LA is $73,460 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Houma-Bayou Cane-Thibodaux, LA. See distinct detailed breakdown below.
Is Houma-Bayou Cane-Thibodaux, LA a good place to live for Loan Officers?
The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Houma-Bayou Cane-Thibodaux, LA?
Some top paying nearby cities include New Orleans-Metairie, LA ($71,150) and Baton Rouge, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Houma-Bayou Cane-Thibodaux, LA area with a job density of 1.52 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 Houma-Bayou Cane-Thibodaux, LA
- All Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Transportation and Material Moving Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Office and Administrative Support Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Sales and Related Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Food Preparation and Serving Related Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Construction and Extraction Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Production Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Healthcare Practitioners and Technical Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Installation, Maintenance, and Repair Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Management Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
- Browse All Jobs in Houma-Bayou Cane-Thibodaux, LA →
Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Houma-Bayou Cane-Thibodaux, LA