Loan Officers pay range in Provo
New workers and the lowest-paid 10% earn about $36,170 a year or less, while the top 10% make $127,780 or more. The middle half of loan officers in Provo earn between $43,410 and $83,030.
- $36K10th
- $43K25th
- $57KMedian
- $83K75th
- $128K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $69,390 | $5,782 | $33.36 |
| Median | $56,570 | $4,714 | $27.20 |
| Entry level (25th percentile) | $43,410 | $3,618 | $20.87 |
| Experienced (75th percentile) | $83,030 | $6,919 | $39.92 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Provo vs. Utah and the U.S.
Loan officers in Provo earn 5% less than the Utah average ($73,370) and 21% less than the U.S. average ($87,790). At the median the gap is -26% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Provo | $69,390 | $56,570 | $36,170 | $127,780 | 700 |
| Utah | $73,370 | $59,440 | $37,790 | $128,200 | 3,990 |
| 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 Provo
On the average salary of $69,390, a single filer in Provo takes home about $54,558 a year, or $4,546 a month and $2,098 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). Utah's taxpayer credit is estimated with the Tax Commission's withholding formula.
Is Provo a good place for loan officers? Pay vs. cost of living
Prices in the Provo area are 2% below the U.S. average (BEA price parity 98.2), so the average $69,390 buys what about $70,639 would buy in a typical U.S. metro. This job pays 1.2 times the median wage of all jobs in Provo ($48,010). A typical home costs $546,641, or 7.9 years of this average salary before tax.
Loan Officers salary in other Utah cities
Provo ranks 3rd of 5 Utah metro areas for this job; Salt Lake City pays the most ($75,960).
- Salt Lake City$75,960
- Logan$74,960
- Provo$69,390
- St. George$69,180
- Ogden$67,180
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 Provo: questions
How much do loan officers make an hour in Provo?
$33.36 an hour on average, and $27.20 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Provo?
The lowest-paid 10% earn about $36,170 a year and the 25th percentile is $43,410, a fair guide to starting pay.
What is the loan officers take-home pay in Provo?
About $54,558 a year ($4,546 a month) for a single filer on the average salary of $69,390. Utah's taxpayer credit is estimated with the Tax Commission's withholding formula.
Do loan officers earn more in Provo 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 Provo-Orem-Lehi, UT (39340). Relative standard error of the mean wage: 6.7%.
- 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). Utah's taxpayer credit is estimated with the Tax Commission's withholding formula.
- Job concentration: location quotient 1.30, this job is 1.3 times as concentrated as in the U.S. overall.
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