Loan Officer Salary in Utah
Median annual pay in Utah
$59,440
$28.58/hour
BLS OEWS, May 2025
Adjusted for cost of living in Utah
$60,123
Regional Price Parity: 98.864 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): −$17,250 (−22.5%)
Utah ranks 50th of 51 states by median pay, and 50th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $37,790 | $18.17 |
| 25th percentile | $46,240 | $22.23 |
| Median | $59,440 | $28.58 |
| 75th percentile | $87,320 | $41.98 |
| 90th percentile | $128,200 | $61.64 |
Employment
- Employment in Utah
- 3,990
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Comparison
Compared with the U.S.
- Median annual pay in Utah
- $59,440
- Median annual pay in the U.S.
- $76,690
- Difference
- −$17,250 (−22.5%)
Cost of living
$59,440 ÷ 98.864 × 100 = $60,123
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Louisiana | ||
| 48th | $61,110 | $69,280 40th |
| Mississippi | ||
| 49th | $60,260 | $69,302 39th |
| Utah This page | ||
| 50th | $59,440 | $60,123 50th |
| West Virginia | ||
| 51st | $57,580 | $64,337 48th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Credit Counselor salary in the U.S.
$52,230/year U.S.
- Credit Analyst salary in the U.S.
$83,510/year U.S.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Financial Manager salary in the U.S.
$166,570/year U.S.
- Brokerage Clerk salary in the U.S.
$65,750/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Loan Officer salary in nearby places
- Loan Officer salary in Arizona
$62,160/year Arizona
- Loan Officer salary in Colorado
$94,520/year Colorado
- Loan Officer salary in Idaho
$71,070/year Idaho
- Loan Officer salary in Nevada
$64,500/year Nevada
- Loan Officer salary in New Mexico
$62,610/year New Mexico
- Loan Officer salary in Wyoming
$79,620/year Wyoming
- Loan Officer salary in the U.S.
$76,690/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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