Business & Finance Louisiana (LA) Rank #34 of 50

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.

Median Salary
$59,823
vs National
$-5,917
State Rank
#34 of 50
Cost of Living
91%

Loan Officer Salary Overview in Louisiana (2026)

Louisiana ranks #34 out of 50 states for loan officer compensation. Loan Officer salaries in Louisiana are below the national median, though the lower cost of living can offset the difference. At $59,823 per year, loan officers in Louisiana earn $5,917 less than the national median of $65,740.

A key advantage of working in Louisiana is its below-average cost of living (91% of the national index). This means the $59,823 salary has the purchasing power of roughly $65,740 in an average-cost area.

The salary spread in Louisiana is significant: loan officers at the 10th percentile earn $32,032, while those at the 90th percentile bring home $139,958 — a $107,926 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Louisiana for this role is New Orleans, where the median reaches $64,425.

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.

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.

Entry Level (0-2 yrs)
$34,580
$-3,420 vs national
Mid Level (3-7 yrs)
$60,060
$-5,940 vs national
Senior Level (8+ yrs)
$118,300
$-11,700 vs national

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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

Loan Officer Salary by City in Louisiana

The largest employment areas for loan officers in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries vary by city based on local cost of living and demand.

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

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

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.

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Frequently Asked Questions: Loan Officer Salary in Louisiana

How much does a Loan Officer make in Louisiana? ▼
The median loan officer salary in Louisiana is $59,823 per year, which is 9% below the national median of $65,740. Salaries range from $32,032 (10th percentile) to $139,958 (90th percentile).
How much does a Loan Officer make per hour in Louisiana? ▼
Based on the median annual salary of $59,823, a loan officer in Louisiana earns approximately $29 per hour assuming a standard 2,080-hour work year.
Is Louisiana a good state for loan officers? ▼
Louisiana ranks #34 out of 50 states for loan officer pay. The cost of living index is 91% of the national average. Entry-level loan officers earn $34,580, while senior professionals earn $118,300.
How does Louisiana compare to other states for loan officer salary? ▼
The highest paying state for loan officers is Hawaii at $111,758. Louisiana's median of $59,823 ranks #34 nationally. Nearby-ranked states include Wisconsin ($60,481) and Wyoming ($60,481).
What is the entry-level loan officer salary in Louisiana? ▼
An entry-level loan officer in Louisiana earns approximately $34,580 per year. With 3-7 years of experience, pay increases to around $60,060. Senior-level professionals with 8+ years earn up to $118,300.
What city in Louisiana pays loan officers the most? ▼
New Orleans is the highest paying city in Louisiana for loan officers, with a median salary of $64,425. Other cities include Baton Rouge and Shreveport.