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Average Loan Officers Salary in Yuma, AZ

The average salary for Loan Officerss in Yuma, AZ is $73,700. While this is lower than the national average, the cost of living in Yuma, AZ may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $73,700 per year.
  • Growth Trend: Salaries have shifted 15.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $117,970.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Yuma, AZ economy.
2024 Market Data

Salary Overview

$73,700

The average Loan Officers in Yuma, AZ earns-14.5%below the national average.

BreakdownBased on 40h/week
Hourly

$35.4

Weekly

$1,417

Monthly

$6,142

Loan Officers Salary Distribution in Yuma, AZ

The earning potential for Loan Officerss in Yuma, AZ varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $34,150, while highly experienced professionals can command wages upwards of $117,970.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,150$16.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,275$26.6
ManagerOversees team, compliance, and project delivery.50% (Median)$60,220$29
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,125$44.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$117,970$56.7

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$73,700

Gross Pay

Real Wage (Purchasing Power)

$73,700

Adjusted for COL (100)

In Yuma, AZ, the Cost of Living Index is 100. This increases your effective purchasing power from $73,700 to $73,700.

Job Market Context

80

Total Jobs

1.104

Per 1K Jobs

0.59

Location Quotient

Below Average

Yuma, AZ has 0.59x 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.

80 people work as Loan Officers in Yuma, AZ.

1.104 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Loan Officers

CitySalaryDist.
El Centro, CA Loan Officers Salary$93,290↑ 27%60 mi

Comparing salaries near Yuma, AZ

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Yuma, AZ?

The median annual salary for a Loan Officers in Yuma, AZ is $73,700. This typically ranges from $34,150 for entry-level positions to $117,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Yuma, AZ is 14.5% lower than the national median of $86,220.

Is Yuma, AZ a good place for Loan Officerss?

It depends on your priorities. While the average Loan Officers salary in Yuma, AZ is $73,700 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Yuma, AZ. See distinct detailed breakdown below.

Is Yuma, AZ a good place to live for Loan Officers?

The Cost of Living Index in Yuma, AZ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Yuma, AZ?

Some top paying nearby cities include El Centro, CA ($93,290) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Yuma, AZ area with a job density of 1.104 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Yuma, AZ