Loan Officers pay range in Santa Fe
New workers and the lowest-paid 10% earn about $27,690 a year or less, while the top 10% make $118,300 or more. The middle half of loan officers in Santa Fe earn between $47,720 and $92,040.
- $28K10th
- $48K25th
- $53KMedian
- $92K75th
- $118K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $69,140 | $5,762 | $33.24 |
| Median | $52,960 | $4,413 | $25.46 |
| Entry level (25th percentile) | $47,720 | $3,977 | $22.94 |
| Experienced (75th percentile) | $92,040 | $7,670 | $44.25 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Santa Fe vs. New Mexico and the U.S.
Loan officers in Santa Fe earn 8% less than the New Mexico average ($75,410) and 21% less than the U.S. average ($87,790). At the median the gap is -31% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Santa Fe | $69,140 | $52,960 | $27,690 | $118,300 | 120 |
| 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 Santa Fe
On the average salary of $69,140, a single filer in Santa Fe takes home about $55,386 a year, or $4,616 a month and $2,130 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 Santa Fe a good place for loan officers? Pay vs. cost of living
Prices in the Santa Fe area are in line with the U.S. average (BEA price parity 98.8), so the average $69,140 buys what about $70,003 would buy in a typical U.S. metro. This job pays 1.1 times the median wage of all jobs in Santa Fe ($48,710). A typical home costs $558,896, or 8.1 years of this average salary before tax.
Loan Officers salary in other New Mexico cities
Santa Fe ranks 3rd 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
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Loan Officers salary in Santa Fe: questions
How much do loan officers make an hour in Santa Fe?
$33.24 an hour on average, and $25.46 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Santa Fe?
The lowest-paid 10% earn about $27,690 a year and the 25th percentile is $47,720, a fair guide to starting pay.
What is the loan officers take-home pay in Santa Fe?
About $55,386 a year ($4,616 a month) for a single filer on the average salary of $69,140.
Do loan officers earn more in Santa Fe than elsewhere?
The average here is 21% 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 Santa Fe, NM (42140). Relative standard error of the mean wage: 5.6%.
- 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 1.06, this job is about as common as in the U.S. overall.
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