Business & Finance Lake Charles, LA Pop. 80,000

Loan Officer Salary in Lake Charles, Louisiana

The median loan officer salary in Lake Charles, LA is $56,536 per year, which is 14% below the national median and 5.5% below the Louisiana state average.

City Median
$56,536
vs State Avg
$-3,287
vs National
$-9,204
Cost of Living
86%

Loan Officer Salary in Lake Charles by Experience

In Lake Charles, an entry-level loan officer earns around $32,680, while experienced professionals earn up to $111,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$32,680
$-5,320 vs national
Mid Level (3-7 yrs)
$56,760
$-9,240 vs national
Senior Level (8+ yrs)
$111,800
$-18,200 vs national

Salary Percentiles in Lake Charles, LA

Percentile Lake Charles
10th Percentile $30,272
25th Percentile $39,044
Median (50th) $56,536
75th Percentile $86,000
90th Percentile $132,268

Loan Officer Salary in Other Louisiana Cities

New Orleans, LA
$64,425
Pop. 383,997
Baton Rouge, LA
$60,481
Pop. 227,470
Lafayette, LA
$57,851
Pop. 121,374
Shreveport, LA
$55,879
Pop. 187,593

How to Become a Loan Officer in Lake Charles

Education

Most loan officer positions require a bachelor's degree. Lake Charles 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 Lake Charles may vary based on local industry and population growth.