Loan Officer Salary in Louisiana
The median loan officer salary in Louisiana is $59,823 per year, which is 9% below the national median of $65,740.
Loan Officer Salary in Louisiana by Experience
In Louisiana, an entry-level loan officer earns around $34,580, while experienced professionals earn up to $118,300 per year. The cost of living index in Louisiana is 91% of the national average.
Salary Percentiles in Louisiana
| Percentile | LA Salary |
|---|---|
| 10th Percentile | $32,032 |
| 25th Percentile | $41,314 |
| Median (50th) | $59,823 |
| 75th Percentile | $91,000 |
| 90th Percentile | $139,958 |
Major Cities for Loan Officers in Louisiana
The largest employment areas for loan officers in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Louisiana
Education
Most loan officer positions require a bachelor's degree. Louisiana has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Louisiana
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Louisiana's demand may vary based on local industry trends.