Business & Finance Tucson, AZ
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Loan Officer Salary in Tucson, Arizona
The median loan officer salary in Tucson, AZ is $61,138 per year, which is 7% below the national median and 4.1% below the Arizona state average.
City Median
$61,138
vs State Avg
$-2,630
vs National
$-4,602
Cost of Living
93%
Loan Officer Salary in Tucson by Experience
In Tucson, an entry-level loan officer earns around $35,340, while experienced professionals earn up to $120,900 per year. The local cost of living index is 93% of the national average.
Entry Level (0-2 yrs)
$35,340
$-2,660 vs national
Mid Level (3-7 yrs)
$61,380
$-4,620 vs national
Senior Level (8+ yrs)
$120,900
$-9,100 vs national
Salary Percentiles in Tucson, AZ
| Percentile | Tucson |
|---|---|
| 10th Percentile | $32,736 |
| 25th Percentile | $42,222 |
| Median (50th) | $61,138 |
| 75th Percentile | $93,000 |
| 90th Percentile | $143,034 |
Loan Officer Salary in Other Arizona Cities
How to Become a Loan Officer in Tucson
Education
Most loan officer positions require a bachelor's degree. Tucson and the surrounding Arizona area have institutions offering relevant programs.
Key Skills
Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Tucson may vary based on local industry and population growth.