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.

Find Loan Officer Jobs in Baton Rouge

Browse open loan officer positions in Baton Rouge, LA:

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Frequently Asked Questions: Loan Officer Salary in Baton Rouge

How much does a Loan Officer make in Baton Rouge, LA? ▼
The median loan officer salary in Baton Rouge, Louisiana is $60,481 per year, which is 8% below the national median of $65,740. Salaries range from $32,384 (10th percentile) to $141,496 (90th percentile).
How much does a Loan Officer make per hour in Baton Rouge? ▼
Based on the median annual salary of $60,481, a loan officer in Baton Rouge earns approximately $29 per hour assuming a standard 2,080-hour work year.
How does Baton Rouge compare to the Louisiana state average for loan officer pay? ▼
Baton Rouge's median loan officer salary of $60,481 is 1.1% above the Louisiana state average of $59,823. The local cost of living index is 92% of the national average.
What is the cost of living in Baton Rouge, LA? ▼
Baton Rouge has a cost of living index of 92% compared to the national average. This means a loan officer salary of $60,481 in Baton Rouge has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Baton Rouge? ▼
Most loan officer positions in Baton Rouge require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.