Loan Officers pay range in Hammond
New workers and the lowest-paid 10% earn about $32,990 a year or less, while the top 10% make $106,190 or more. The middle half of loan officers in Hammond earn between $46,960 and $93,760.
- $33K10th
- $47K25th
- $61KMedian
- $94K75th
- $106K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $68,830 | $5,736 | $33.09 |
| Median | $61,180 | $5,098 | $29.41 |
| Entry level (25th percentile) | $46,960 | $3,913 | $22.58 |
| Experienced (75th percentile) | $93,760 | $7,813 | $45.08 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Hammond vs. Louisiana and the U.S.
Loan officers in Hammond earn 6% less than the Louisiana average ($73,240) and 22% less than the U.S. average ($87,790). At the median the gap is -20% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Hammond | $68,830 | $61,180 | $32,990 | $106,190 | 80 |
| Louisiana | $73,240 | $61,110 | $38,100 | $124,420 | 2,810 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Loan Officers salary after taxes in Hammond
On the average salary of $68,830, a single filer in Hammond takes home about $55,573 a year, or $4,631 a month and $2,137 every two weeks. Taxes take 19% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Hammond a good place for loan officers? Pay vs. cost of living
Prices in the Hammond area are 16% below the U.S. average (BEA price parity 84.5), so the average $68,830 buys what about $81,494 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Hammond ($38,480). A typical home costs $225,222, or 3.3 years of this average salary before tax.
Loan Officers salary in other Louisiana cities
Hammond ranks 6th of 10 Louisiana metro areas for this job; Slidell pays the most ($84,560).
- Slidell$84,560
- Houma$84,360
- New Orleans$77,830
- Lafayette$70,130
- Baton Rouge$69,040
- Hammond$68,830
- Shreveport$68,290
- Alexandria$66,260
- Lake Charles$65,660
- Monroe$64,870
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Hammond: questions
How much do loan officers make an hour in Hammond?
$33.09 an hour on average, and $29.41 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Hammond?
The lowest-paid 10% earn about $32,990 a year and the 25th percentile is $46,960, a fair guide to starting pay.
What is the loan officers take-home pay in Hammond?
About $55,573 a year ($4,631 a month) for a single filer on the average salary of $68,830.
Do loan officers earn more in Hammond than elsewhere?
The average here is 22% less than the U.S. average for this job ($87,790).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Hammond, LA (25220). Relative standard error of the mean wage: 6.6%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
- Job concentration: location quotient 0.98, this job is about as common as in the U.S. overall.
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