Loan Officer salary in Lafayette, LA
Loan Officers in the Lafayette, LA metro area earn a median of $58,960 a year ($28.35 an hour), based on BLS data for 340 workers.
Pay ranges from $37,580 for the lowest-paid 10% to $100,420 for the top 10%. That is 23% lower than the national median of $76,690. Pay here is 4% lower than the Louisiana statewide median of $61,110. There are 1.9 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $70,130, above the median because a few high earners pull it up.
Pay range for loan officers in Lafayette, LA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,580 | $18.07 |
| 25th percentile | $47,480 | $22.83 |
| Median | $58,960 | $28.35 |
| 75th percentile | $77,600 | $37.31 |
| 90th percentile (top earners) | $100,420 | $48.28 |
| Average (mean) | $70,130 | $33.72 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $4,913.33 |
| Semi-monthly (24 a year) | $2,456.67 |
| Biweekly (26 a year) | $2,267.69 |
| Weekly | $1,133.85 |
| Hourly | $28.35 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Slidell-Mandeville-Covington, LA | $73,070 | 150 |
| Houma-Bayou Cane-Thibodaux, LA | $62,530 | 110 |
| New Orleans-Metairie, LA | $62,240 | 470 |
| Hammond, LA | $61,180 | 80 |
| Alexandria, LA | $60,150 | 110 |
| Monroe, LA | $59,150 | 190 |
| Baton Rouge, LA | $59,080 | 570 |
| Lake Charles, LA | $56,550 | 130 |
| Shreveport-Bossier City, LA | $52,730 | 220 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Louisiana statewide figures.
Related jobs in Lafayette, LA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $67,630 | $32.52 |
| Financial Specialists, All Other | $54,340 | $26.13 |
| Personal Financial Advisor | $63,650 | $30.60 |
| Financial and Investment Analysts | $80,540 | $38.72 |
| Insurance Underwriter | $72,980 | $35.09 |
| Financial Risk Specialist | $56,960 | $27.39 |
| Property Appraisers and Assessors | $60,440 | $29.06 |
| Business Operations Specialists, All Other | $61,270 | $29.46 |
| Project Management Specialist | $80,720 | $38.81 |
| Human Resources Specialist | $56,070 | $26.96 |
| Market Research Analysts and Marketing Specialists | $56,660 | $27.24 |
| Buyers and Purchasing Agents | $63,030 | $30.30 |
| Management Analyst | $81,730 | $39.30 |
| Compliance Officer | $68,080 | $32.73 |
More: Business and Financial Operations Occupations · all salaries in Lafayette, LA
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Lafayette, LA?
The median salary for loan officers in the Lafayette, LA metro area is $58,960 a year, or $28.35 an hour. Pay ranges from $37,580 for the lowest-paid 10% to $100,420 for the top 10%.
How much do the highest-paid loan officers make in Lafayette, LA?
The top 10% of loan officers in the Lafayette, LA metro area earn at least $100,420 a year. The top 25% earn $77,600 or more.
What is the starting pay for loan officers in Lafayette, LA?
Entry-level pay (the 10th percentile) is about $37,580 a year, and a quarter of loan officers earn $47,480 or less.
How many loan officers work in Lafayette, LA?
About 340 loan officers are employed in the Lafayette, LA metro area, not counting the self-employed.