Loan Officers pay range in New Orleans
New workers and the lowest-paid 10% earn about $46,180 a year or less, while the top 10% make $132,860 or more. The middle half of loan officers in New Orleans earn between $51,630 and $81,850.
- $46K10th
- $52K25th
- $62KMedian
- $82K75th
- $133K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $77,830 | $6,486 | $37.42 |
| Median | $62,240 | $5,187 | $29.92 |
| Entry level (25th percentile) | $51,630 | $4,302 | $24.82 |
| Experienced (75th percentile) | $81,850 | $6,821 | $39.35 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in New Orleans vs. Louisiana and the U.S.
Loan officers in New Orleans earn 6% more than the Louisiana average ($73,240) and 11% less than the U.S. average ($87,790). At the median the gap is -19% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| New Orleans | $77,830 | $62,240 | $46,180 | $132,860 | 470 |
| 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 New Orleans
On the average salary of $77,830, a single filer in New Orleans takes home about $61,635 a year, or $5,136 a month and $2,371 every two weeks. Taxes take 21% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is New Orleans a good place for loan officers? Pay vs. cost of living
Prices in the New Orleans area are 7% below the U.S. average (BEA price parity 92.6), so the average $77,830 buys what about $84,052 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in New Orleans ($47,290). A typical home costs $261,414, or 3.4 years of this average salary before tax.
Loan Officers salary in other Louisiana cities
New Orleans ranks 3rd 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 New Orleans: questions
How much do loan officers make an hour in New Orleans?
$37.42 an hour on average, and $29.92 at the median (BLS, May 2025).
What is the entry-level loan officers salary in New Orleans?
The lowest-paid 10% earn about $46,180 a year and the 25th percentile is $51,630, a fair guide to starting pay.
What is the loan officers take-home pay in New Orleans?
About $61,635 a year ($5,136 a month) for a single filer on the average salary of $77,830.
Do loan officers earn more in New Orleans than elsewhere?
The average here is 11% 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 New Orleans-Metairie, LA (35380). Relative standard error of the mean wage: 6.0%.
- 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 0.60, this job is less common than in the U.S. overall (location quotient 0.60).
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