Average Loan Officers Salary in Prescott Valley-Prescott, AZ
The average salary for Loan Officerss in Prescott Valley-Prescott, AZ is $64,500. While this is lower than the national average, the cost of living in Prescott Valley-Prescott, AZ may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $64,500 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,430.
- 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 Prescott Valley-Prescott, AZ economy.
Salary Overview
The average Loan Officers in Prescott Valley-Prescott, AZ earns-25.2%below the national average.
$31
$1,240
$5,375
Loan Officers Salary Trends (2020-2024)
Historical trend data for Loan Officers in Prescott Valley-Prescott, AZ is limited, but current market signals indicate a stable demand environment.
Loan Officers Salary Distribution in Prescott Valley-Prescott, AZ
The earning potential for Loan Officerss in Prescott Valley-Prescott, AZ varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $30,310, while highly experienced professionals can command wages upwards of $130,430.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,310 | $14.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $48,375 | $23.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,780 | $23.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $80,625 | $38.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,430 | $62.7 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$64,500
Gross Pay
Real Wage (Purchasing Power)
$64,500
Adjusted for COL (100)
In Prescott Valley-Prescott, AZ, the Cost of Living Index is 100. This increases your effective purchasing power from $64,500 to $64,500.
Job Market Context
40
Total Jobs
0.527
Per 1K Jobs
0.28
Location Quotient
At 0.28x, Prescott Valley-Prescott, AZ 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 Prescott Valley-Prescott, AZ.
Only 0.527 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. |
|---|---|---|
| Flagstaff, AZ Loan Officers Salary | $78,740↑ 22% | 57 mi |
| Phoenix-Mesa-Chandler, AZ Loan Officers Salary | $65,830↑ 2% | 72 mi |
| Arizona nonmetropolitan area Loan Officers Salary | $58,790↓ 9% | 79 mi |
Comparing salaries near Prescott Valley-Prescott, AZ
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Prescott Valley-Prescott, AZ?
The median annual salary for a Loan Officers in Prescott Valley-Prescott, AZ is $64,500. This typically ranges from $30,310 for entry-level positions to $130,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Prescott Valley-Prescott, AZ is 25.2% lower than the national median of $86,220.
Is Prescott Valley-Prescott, AZ a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Prescott Valley-Prescott, AZ is $64,500 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Prescott Valley-Prescott, AZ. See distinct detailed breakdown below.
Is Prescott Valley-Prescott, AZ a good place to live for Loan Officers?
The Cost of Living Index in Prescott Valley-Prescott, AZ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Prescott Valley-Prescott, AZ?
Some top paying nearby cities include Flagstaff, AZ ($78,740) and Phoenix-Mesa-Chandler, 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 Prescott Valley-Prescott, AZ area with a job density of 0.527 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Prescott Valley-Prescott, AZ