Loan Officer Salary in Arizona
Based on 10K+ workers in Arizona
Median Annual Salary (AZ)
$62,160
$29.885/hr
vs National Average
$76,354
-18.6% vs national median
Salary Range (10th–90th)
$36K – $134K
10K employed in Arizona
Loan Officer salary in Arizona averages $62,160 per year, according to current employment data. Arizona is home to approximately 10,020 loan officers across the state. However, this median falls about 19% below the national average, reflecting regional economic differences and cost-of-living variations compared to other states.
Several factors influence loan officer compensation in Arizona, including experience level, employer size, and specialization within the lending industry. Salaries in the state range from $35,960 to $133,890 annually, demonstrating significant variation based on individual qualifications and career progression. Geographic location within Arizona, local market conditions, and the specific type of lending institution also play important roles in determining earning potential.
Salary Distribution — Loan Officer in Arizona
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $35,960 |
| 25th percentile | $48,290 |
| Median (50th percentile) | $62,160 |
| 75th percentile | $101,250 |
| 90th percentile | $133,890 |
Historical Salary Trend — Loan Officer in Arizona vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $60,190 |
| 2023 | $51,970 |
| 2024 | $53,760 |
| 2025 | $62,160 |
| Year | Arizona Median | National Median |
|---|---|---|
| 2022 | $60,190 | $68,453 |
| 2023 | $51,970 | $70,692 |
| 2024 | $53,760 | $73,485 |
| 2025 | $62,160 | $76,354 |
Loan Officer Salary by Experience Level in Arizona
Loan Officer Salary in Other States
Frequently Asked Questions
How much do loan officers make in Arizona?
- Loan officers in Arizona earn a median salary of $62,160 per year, or $30 per hour. This is approximately 18.6% below the national average for this position.
What is the salary range for loan officers in Arizona?
- Loan officer salaries in Arizona range from $35,960 at the lower end to $133,890 at the higher end, depending on experience, employer, and performance.
How many loan officers work in Arizona?
- There are approximately 10,020 loan officers employed in Arizona, making it a reasonably sized sector within the state's financial services industry.
Is the loan officer salary in Arizona below the national average?
- Yes, Arizona's median loan officer salary of $62,160 per year is 18.6% lower than the national average for the same position, so job seekers in this state should expect to earn less than their counterparts in other states.