Finance · 70 Cities Ranked

Highest Paying Cities for Loan Officer (2025)

The median Loan Officer salary is $103,850 in Bridgeport, CT, the highest-paying city for this role. After adjusting for cost of living, Wichita, KS offers the best purchasing power at $118,060 adjusted.

The 70 cities below are ranked by median wage for Loan Officer, drawn from BLS OEWS. Top-of-list cities typically combine high local labor demand with above-baseline cost-of-living, so the gross-wage ranking partly reflects COL adjustment. Reading the ranking carefully: gross median wage is the headline number, but the cost-adjusted figure (which divides by the city's cost-of-living index) tells a different story for high-COL cities. The ranking sorts on gross wage; the per-city pages surface the adjusted figure.

For workers evaluating Loan Officer relocation, the top of the ranking is the obvious starting point — but the bottom of the list (low gross wage, low COL) is often where cost-adjusted real income is highest. The role-specific pages link to per-city detail.

$76,540

National Median

$103,850

Highest City

$58,400

Lowest City

Cities Ranked

Ranked by Median Salary

Rank	City	Median	Range (10th-90th)	COL Index	COL-Adjusted	Jobs
1	Bridgeport, CT	$103,850	$60,460, $187,830	137.5	$75,527	560
2	Boston, MA	$103,400	$65,120, $204,820	152.1	$67,982	3,420
3	San Francisco, CA	$103,000	$44,440, $201,080	179.6	$57,350	3,330
4	Minneapolis, MN	$102,200	$61,360, $190,790	106.2	$96,234	3,910
5	New York, NY	$101,570	$58,860, $208,610	187.2	$54,257	10,350
6	Des Moines, IA	$101,190	$55,960, $163,910	93.3	$108,457	650
7	Denver, CO	$100,130	$39,430, $167,560	112.8	$88,768	1,970
8	Wichita, KS	$99,170	$49,590, $156,790	84	$118,060	700
9	Washington, DC	$97,800	$46,790, $169,540	152.8	$64,005	5,000
10	Portland, OR	$96,100	$45,780, $162,900	130.1	$73,866	2,840
11	San Jose, CA	$95,090	$40,570, $205,560	195.8	$48,565	1,140
12	Seattle, WA	$83,720	$38,040, $164,570	149.4	$56,037	3,110
13	Milwaukee, WI	$83,660	$49,400, $156,890	97.4	$85,893	1,180
14	Hartford, CT	$83,160	$52,570, $144,420	112.6	$73,854	920
15	Kansas City, MO	$82,330	$46,350, $150,700	95.4	$86,300	2,180
16	Rochester, NY	$82,280	$52,180, $215,160	92.9	$88,568	470
17	Columbus, OH	$82,160	$39,650, $144,880	93.1	$88,249	2,410
18	San Diego, CA	$81,770	$39,640, $168,140	160.2	$51,042	2,360
19	Los Angeles, CA	$80,360	$35,930, $167,860	166	$48,410	9,690
20	Omaha, NE	$80,300	$50,550, $158,640	91.8	$87,473	910
21	Chicago, IL	$80,040	$40,710, $143,160	107.3	$74,595	7,380
22	Colorado Springs, CO	$79,770	$35,810, $156,920	104.5	$76,335	380
23	Albany, NY	$79,710	$47,860, $167,120	100.7	$79,156	560
24	Sacramento, CA	$79,190	$39,800, $161,480	124.7	$63,504	1,580
25	Tulsa, OK	$79,080	$38,440, $164,820	86.8	$91,106	960
26	Madison, WI	$78,840	$51,290, $155,840	103.8	$75,954	650
27	Riverside-San Bernardino, CA	$78,710	$34,490, $181,860	122.4	$64,306	1,500
28	Providence, RI	$78,500	$50,420, $137,250	119.4	$65,745	1,460
29	Charlotte, NC	$78,200	$39,350, $137,900	96.7	$80,869	4,080
30	Fresno, CA	$78,060	$35,680, $170,090	105.5	$73,991	470
31	Philadelphia, PA	$77,590	$43,540, $140,860	118.4	$65,532	4,660
32	Raleigh, NC	$77,330	$48,320, $127,300	99.8	$77,485	1,560
33	Spokane, WA	$77,220	$42,000, $149,760	97.4	$79,281	680
34	Bakersfield, CA	$76,500	$38,630, $158,870	100.6	$76,044	290
35	Atlanta, GA	$76,340	$43,520, $150,850	99.2	$76,956	5,550
36	Detroit, MI	$76,260	$36,520, $135,700	95.1	$80,189	7,200
37	Buffalo, NY	$76,170	$45,540, $173,730	92.5	$82,346	900
38	Cincinnati, OH	$75,300	$42,290, $130,670	91.2	$82,566	2,060
39	Indianapolis, IN	$74,790	$42,640, $130,140	90.1	$83,008	1,690
40	St. Louis, MO	$74,510	$38,370, $149,000	90	$82,789	2,690
41	Dallas, TX	$73,930	$36,510, $131,110	104.1	$71,018	8,370
42	Pittsburgh, PA	$73,360	$39,990, $129,190	92.3	$79,480	1,440
43	Anchorage, AK	$72,800	$26,720, $124,810	127	$57,323	370
44	Tampa, FL	$72,220	$38,850, $130,850	99.6	$72,510	3,850
45	Miami, FL	$71,510	$33,140, $148,600	123.1	$58,091	4,190
46	Richmond, VA	$69,610	$40,190, $129,060	102.1	$68,178	1,480
47	Baltimore, MD	$68,470	$33,610, $139,700	114.2	$59,956	1,810
48	Houston, TX	$67,560	$26,160, $172,540	96.5	$70,010	3,410
49	Orlando, FL	$67,460	$29,630, $130,350	103.1	$65,432	2,260
50	San Antonio, TX	$66,810	$34,380, $124,040	91.5	$73,016	1,510
51	Birmingham, AL	$66,740	$44,930, $158,790	90.4	$73,827	1,730
52	Oklahoma City, OK	$66,480	$35,780, $157,630	86.5	$76,855	1,460
53	Boise, ID	$66,450	$45,230, $161,620	102.1	$65,083	810
54	Las Vegas, NV	$65,550	$35,370, $166,290	109	$60,138	1,920
55	Jacksonville, FL	$64,960	$37,690, $132,560	95.1	$68,307	2,140
56	Louisville, KY	$64,460	$42,700, $125,760	90.2	$71,463	1,120
57	Knoxville, TN	$63,830	$39,650, $116,770	90.3	$70,687	930
58	Lexington, KY	$63,760	$43,570, $134,220	91.3	$69,836	420
59	Memphis, TN	$63,250	$38,210, $131,380	84	$75,298	930
60	Nashville, TN	$62,800	$39,350, $115,210	100.3	$62,612	1,770
61	Little Rock, AR	$62,720	$37,190, $130,300	88.2	$71,111	660
62	Albuquerque, NM	$62,250	$26,240, $104,500	94	$66,223	630
63	New Orleans, LA	$62,240	$46,180, $132,860	95.9	$64,901	470
64	Reno, NV	$62,180	$24,960, $153,560	106.5	$58,385	380
65	Greenville, SC	$61,990	$37,590, $135,010	90.1	$68,801	790
66	Phoenix, AZ	$61,850	$35,840, $133,850	100.7	$61,420	8,350
67	Salt Lake City, UT	$61,150	$39,910, $128,750	101.4	$60,306	0
68	Austin, TX	$59,210	$22,330, $140,600	103	$57,485	1,890
69	Tucson, AZ	$58,440	$31,660, $145,450	95.4	$61,258	500
70	Greensboro, NC	$58,400	$48,890, $105,920	91.3	$63,965	970

Ranked by Purchasing Power (COL-Adjusted)

Cost-of-living adjusted salaries show where your Loan Officer paycheck goes furthest. A lower COL index means your dollars stretch further.

Rank	City	COL-Adjusted	Raw Median	COL Index
1	Wichita, KS	$118,060	$99,170	84
2	Des Moines, IA	$108,457	$101,190	93.3
3	Minneapolis, MN	$96,234	$102,200	106.2
4	Tulsa, OK	$91,106	$79,080	86.8
5	Denver, CO	$88,768	$100,130	112.8
6	Rochester, NY	$88,568	$82,280	92.9
7	Columbus, OH	$88,249	$82,160	93.1
8	Omaha, NE	$87,473	$80,300	91.8
9	Kansas City, MO	$86,300	$82,330	95.4
10	Milwaukee, WI	$85,893	$83,660	97.4
11	Indianapolis, IN	$83,008	$74,790	90.1
12	St. Louis, MO	$82,789	$74,510	90
13	Cincinnati, OH	$82,566	$75,300	91.2
14	Buffalo, NY	$82,346	$76,170	92.5
15	Charlotte, NC	$80,869	$78,200	96.7
16	Detroit, MI	$80,189	$76,260	95.1
17	Pittsburgh, PA	$79,480	$73,360	92.3
18	Spokane, WA	$79,281	$77,220	97.4
19	Albany, NY	$79,156	$79,710	100.7
20	Raleigh, NC	$77,485	$77,330	99.8
21	Atlanta, GA	$76,956	$76,340	99.2
22	Oklahoma City, OK	$76,855	$66,480	86.5
23	Colorado Springs, CO	$76,335	$79,770	104.5
24	Bakersfield, CA	$76,044	$76,500	100.6
25	Madison, WI	$75,954	$78,840	103.8
26	Bridgeport, CT	$75,527	$103,850	137.5
27	Memphis, TN	$75,298	$63,250	84
28	Chicago, IL	$74,595	$80,040	107.3
29	Fresno, CA	$73,991	$78,060	105.5
30	Portland, OR	$73,866	$96,100	130.1
31	Hartford, CT	$73,854	$83,160	112.6
32	Birmingham, AL	$73,827	$66,740	90.4
33	San Antonio, TX	$73,016	$66,810	91.5
34	Tampa, FL	$72,510	$72,220	99.6
35	Louisville, KY	$71,463	$64,460	90.2
36	Little Rock, AR	$71,111	$62,720	88.2
37	Dallas, TX	$71,018	$73,930	104.1
38	Knoxville, TN	$70,687	$63,830	90.3
39	Houston, TX	$70,010	$67,560	96.5
40	Lexington, KY	$69,836	$63,760	91.3
41	Greenville, SC	$68,801	$61,990	90.1
42	Jacksonville, FL	$68,307	$64,960	95.1
43	Richmond, VA	$68,178	$69,610	102.1
44	Boston, MA	$67,982	$103,400	152.1
45	Albuquerque, NM	$66,223	$62,250	94
46	Providence, RI	$65,745	$78,500	119.4
47	Philadelphia, PA	$65,532	$77,590	118.4
48	Orlando, FL	$65,432	$67,460	103.1
49	Boise, ID	$65,083	$66,450	102.1
50	New Orleans, LA	$64,901	$62,240	95.9
51	Riverside-San Bernardino, CA	$64,306	$78,710	122.4
52	Washington, DC	$64,005	$97,800	152.8
53	Greensboro, NC	$63,965	$58,400	91.3
54	Sacramento, CA	$63,504	$79,190	124.7
55	Nashville, TN	$62,612	$62,800	100.3
56	Phoenix, AZ	$61,420	$61,850	100.7
57	Tucson, AZ	$61,258	$58,440	95.4
58	Salt Lake City, UT	$60,306	$61,150	101.4
59	Las Vegas, NV	$60,138	$65,550	109
60	Baltimore, MD	$59,956	$68,470	114.2
61	Reno, NV	$58,385	$62,180	106.5
62	Miami, FL	$58,091	$71,510	123.1
63	Austin, TX	$57,485	$59,210	103
64	San Francisco, CA	$57,350	$103,000	179.6
65	Anchorage, AK	$57,323	$72,800	127
66	Seattle, WA	$56,037	$83,720	149.4
67	New York, NY	$54,257	$101,570	187.2
68	San Diego, CA	$51,042	$81,770	160.2
69	San Jose, CA	$48,565	$95,090	195.8
70	Los Angeles, CA	$48,410	$80,360	166

Frequently Asked Questions

Bridgeport, CT pays the highest median Loan Officer salary at $103,850. However, after cost-of-living adjustment, Wichita, KS offers the most purchasing power at $118,060 adjusted.

The national median Loan Officer salary is $76,540 based on BLS data. Salaries range from $58,400 to $103,850 depending on city.

Not necessarily. A city with higher nominal pay may have a higher cost of living that offsets the salary difference. Compare the "COL-Adjusted" column in both tables above, cities with lower costs of living often offer better real purchasing power.