Loan Officers Pay Range in Colorado
Pay distribution across experience levels
- 10th Percentile — Entry Level$39,430
- 25th Percentile — Junior$60,730
- 50th Percentile — Median$94,520
- 75th Percentile — Senior$125,430
- 90th Percentile — Top Earners$165,370
Half of Loan Officers in Colorado earn more than $94,520. The top 10% make $165,370 or more, while entry-level workers start around $39,430.
Loan Officers in Colorado: Key Facts
Source: BLS OEWS May 2025
- Colorado ranks 10th of 51 states for Loan Officers pay, at $97,840 per year (11.4% above the U.S. average of $87,790).
- 3,230 people work as Loan Officers in Colorado — 1.2% of all U.S. Loan Officers jobs.
- Location quotient 0.64: Loan Officers jobs are less concentrated in Colorado than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $39,430; the top 10% earn over $165,370.
- Hourly equivalent: $47.04 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in Colorado, Personal Financial Advisors pays the most ($123,110).
Loan Officers Job Market in Colorado
Key factors affecting compensation
Colorado's key industries are Technology, Aerospace, Tourism, and its job market is rated very strong. Loan Officers here earn $97,840 on average, placing the state 10th nationally.
With a cost-of-living index of 1.1 (U.S. = 1.00), a Colorado salary of $97,840 is roughly equivalent to $88,945 at the national average cost of living.
Compared with nearby states in the pay ranking, Vermont ($101,600), Oregon ($101,000), District of Columbia ($100,150) 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 Colorado
Related career salary benchmarks
- Personal Financial Advisors $123,110/yr Colorado +25.8% vs this role
- Project Management Specialists $118,680/yr Colorado +21.3% vs this role
- Management Analysts $118,010/yr Colorado +20.6% vs this role
- Financial and Investment Analysts $116,590/yr Colorado +19.2% vs this role
- Financial Examiners $105,650/yr Colorado +8.0% vs this role
- Accountants and Auditors $103,150/yr Colorado +5.4% vs this role
- Logisticians $100,330/yr Colorado +2.5% vs this role
- Budget Analysts $99,890/yr Colorado +2.1% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in Colorado?
The average Loan Officers salary in Colorado is $97,840 per year (median $94,520), which is 11.4% above the national average of $87,790.
How does Colorado rank for Loan Officers pay?
Colorado ranks 10th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in Colorado?
The lowest-paid 10% of Loan Officers in Colorado earn about $39,430 per year and the 25th percentile is $60,730.
How much do Loan Officers make per hour in Colorado?
About $47.04 per hour, based on the $97,840 annual average and 2,080 working hours per year.
How many Loan Officers work in Colorado?
BLS counts 3,230 Loan Officers jobs in Colorado (OEWS May 2025).
Related Salary Pages
Explore more salary data