Loan Officers pay range in Las Cruces
New workers and the lowest-paid 10% earn about $35,880 a year or less, while the top 10% make $95,090 or more. The middle half of loan officers in Las Cruces earn between $45,390 and $84,890.
- $36K10th
- $45K25th
- $61KMedian
- $85K75th
- $95K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $70,500 | $5,875 | $33.89 |
| Median | $61,110 | $5,092 | $29.38 |
| Entry level (25th percentile) | $45,390 | $3,782 | $21.82 |
| Experienced (75th percentile) | $84,890 | $7,074 | $40.81 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Las Cruces vs. New Mexico and the U.S.
Loan officers in Las Cruces earn 7% less than the New Mexico average ($75,410) and 20% 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 |
|---|---|---|---|---|---|
| Las Cruces | $70,500 | $61,110 | $35,880 | $95,090 | 80 |
| 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 Las Cruces
On the average salary of $70,500, a single filer in Las Cruces takes home about $56,279 a year, or $4,690 a month and $2,165 every two weeks. Taxes take 20% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Las Cruces a good place for loan officers? Pay vs. cost of living
Prices in the Las Cruces area are 10% below the U.S. average (BEA price parity 90.2), so the average $70,500 buys what about $78,149 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Las Cruces ($42,070). A typical home costs $288,339, or 4.1 years of this average salary before tax.
Loan Officers salary in other New Mexico cities
Las Cruces ranks 2nd of 4 New Mexico metro areas for this job; Albuquerque pays the most ($73,830).
- 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
Does this match what you are paid?
Anonymous, no account. Results update as visitors answer.
Share your pay anonymously
Loan Officers salary in Las Cruces: questions
How much do loan officers make an hour in Las Cruces?
$33.90 an hour on average, and $29.38 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Las Cruces?
The lowest-paid 10% earn about $35,880 a year and the 25th percentile is $45,390, a fair guide to starting pay.
What is the loan officers take-home pay in Las Cruces?
About $56,279 a year ($4,690 a month) for a single filer on the average salary of $70,500.
Do loan officers earn more in Las Cruces than elsewhere?
The average here is 20% 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 Las Cruces, NM (29740). Relative standard error of the mean wage: 8.4%.
- 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 0.57, this job is less common than in the U.S. overall (location quotient 0.57).
Read the full methodology. Spotted an error? Tell us.