Loan Officers pay range in Albuquerque
New workers and the lowest-paid 10% earn about $26,240 a year or less, while the top 10% make $104,500 or more. The middle half of loan officers in Albuquerque earn between $47,160 and $83,880.
- $26K10th
- $47K25th
- $62KMedian
- $84K75th
- $104K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $73,830 | $6,152 | $35.50 |
| Median | $62,250 | $5,188 | $29.93 |
| Entry level (25th percentile) | $47,160 | $3,930 | $22.67 |
| Experienced (75th percentile) | $83,880 | $6,990 | $40.33 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Albuquerque vs. New Mexico and the U.S.
Loan officers in Albuquerque earn about the same as the New Mexico average ($75,410) and 16% 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 |
|---|---|---|---|---|---|
| Albuquerque | $73,830 | $62,250 | $26,240 | $104,500 | 630 |
| New Mexico | $75,410 | $62,610 | $27,700 | $122,960 | 1,140 |
| 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 Albuquerque
On the average salary of $73,830, a single filer in Albuquerque takes home about $58,465 a year, or $4,872 a month and $2,249 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 Albuquerque a good place for loan officers? Pay vs. cost of living
Prices in the Albuquerque area are 4% below the U.S. average (BEA price parity 95.5), so the average $73,830 buys what about $77,272 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Albuquerque ($48,060). A typical home costs $352,894, or 4.8 years of this average salary before tax.
Loan Officers salary in other New Mexico cities
Albuquerque ranks 1st of 4 New Mexico metro areas for this job, the best-paid in the state.
- Albuquerque$73,830
- Las Cruces$70,500
- Santa Fe$69,140
- Farmington$65,530
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 Albuquerque: questions
How much do loan officers make an hour in Albuquerque?
$35.50 an hour on average, and $29.93 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Albuquerque?
The lowest-paid 10% earn about $26,240 a year and the 25th percentile is $47,160, a fair guide to starting pay.
What is the loan officers take-home pay in Albuquerque?
About $58,465 a year ($4,872 a month) for a single filer on the average salary of $73,830.
Do loan officers earn more in Albuquerque than elsewhere?
The average here is 16% 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 Albuquerque, NM (10740). Relative standard error of the mean wage: 7.2%.
- 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 0.88, this job is about as common as in the U.S. overall.
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