Loan Officers Pay Range in California
Pay distribution across experience levels
- 10th Percentile — Entry Level$37,460
- 25th Percentile — Junior$53,670
- 50th Percentile — Median$81,770
- 75th Percentile — Senior$122,960
- 90th Percentile — Top Earners$169,040
Half of Loan Officers in California earn more than $81,770. The top 10% make $169,040 or more, while entry-level workers start around $37,460.
Loan Officers in California: Key Facts
Source: BLS OEWS May 2025
- California ranks 11th of 51 states for Loan Officers pay, at $97,120 per year (10.6% above the U.S. average of $87,790).
- 25,790 people work as Loan Officers in California — 9.4% of all U.S. Loan Officers jobs.
- Location quotient 0.80: Loan Officers jobs are less concentrated in California than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $37,460; the top 10% earn over $169,040.
- Hourly equivalent: $46.69 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in California, Personal Financial Advisors pays the most ($170,070).
Loan Officers Job Market in California
Key factors affecting compensation
California's key industries are Technology, Entertainment, Agriculture, and its job market is rated very strong. Loan Officers here earn $97,120 on average, placing the state 11th nationally.
With a cost-of-living index of 1.42 (U.S. = 1.00), a California salary of $97,120 is roughly equivalent to $68,394 at the national average cost of living.
Compared with nearby states in the pay ranking, Oregon ($101,000), District of Columbia ($100,150), Kansas ($98,160) are the closest alternatives for Loan Officers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in California
Related career salary benchmarks
- Personal Financial Advisors $170,070/yr California +75.1% vs this role
- Financial and Investment Analysts $125,070/yr California +28.8% vs this role
- Project Management Specialists $124,430/yr California +28.1% vs this role
- Financial Examiners $118,710/yr California +22.2% vs this role
- Management Analysts $115,720/yr California +19.2% vs this role
- Credit Analysts $113,670/yr California +17.0% vs this role
- Market Research Analysts $108,120/yr California +11.3% vs this role
- Budget Analysts $105,890/yr California +9.0% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in California?
The average Loan Officers salary in California is $97,120 per year (median $81,770), which is 10.6% above the national average of $87,790.
How does California rank for Loan Officers pay?
California ranks 11th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in California?
The lowest-paid 10% of Loan Officers in California earn about $37,460 per year and the 25th percentile is $53,670.
How much do Loan Officers make per hour in California?
About $46.69 per hour, based on the $97,120 annual average and 2,080 working hours per year.
How many Loan Officers work in California?
BLS counts 25,790 Loan Officers jobs in California (OEWS May 2025).
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