Business & Finance Baton Rouge, LA Pop. 227,470

Loan Officer Salary in Baton Rouge, Louisiana

The median loan officer salary in Baton Rouge, LA is $60,481 per year, which is 8% below the national median and 1.1% above the Louisiana state average.

City Median
$60,481
vs State Avg
+$658
vs National
$-5,259
Cost of Living
92%

Loan Officer Salary in Baton Rouge by Experience

In Baton Rouge, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$34,960
$-3,040 vs national
Mid Level (3-7 yrs)
$60,720
$-5,280 vs national
Senior Level (8+ yrs)
$119,600
$-10,400 vs national

Salary Percentiles in Baton Rouge, LA

Percentile Baton Rouge
10th Percentile $32,384
25th Percentile $41,768
Median (50th) $60,481
75th Percentile $92,000
90th Percentile $141,496

Loan Officer Salary in Other Louisiana Cities

New Orleans, LA
$64,425
Pop. 383,997
Lafayette, LA
$57,851
Pop. 121,374
Lake Charles, LA
$56,536
Pop. 80,000
Shreveport, LA
$55,879
Pop. 187,593

How to Become a Loan Officer in Baton Rouge

Education

Most loan officer positions require a bachelor's degree. Baton Rouge and the surrounding Louisiana 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 Baton Rouge may vary based on local industry and population growth.