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Loan Officer Salary Information in Louisiana

The average annual and hourly salaries for loan officers in the state of Louisiana are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Louisiana areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Loan Officers in Louisiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$28,270
25th Percentile Wage
$34,990
50th Percentile Wage
$46,720
75th Percentile Wage
$68,010
90th Percentile Wage
$91,230

Table 1 shows the average annual salary for loan officers in Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $91,230. The median (50th percentile) annual salary is $46,720. The average annual salary for the bottom 10 percent is $28,270.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$13.59
25th Percentile Wage
$16.82
50th Percentile Wage
$22.46
75th Percentile Wage
$32.70
90th Percentile Wage
$43.86

Table 2 shows the average hourly salary for loan officers in Louisiana in 5 percentile scales. The average hourly salary for the 90th percentile is $43.86. The median hourly salary is $22.46. The average hourly salary for the bottom 10 percent is $13.59.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of loan officers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201646,720-1.18%5.61%
201547,2703.87%-
201445,440-1.10%-
201345,9404.01%-
201244,100--

Table 3. Median Annual Salary of Loan Officers in Louisiana Cities

Table 3 shows the median annual salary of loan officers in some Louisiana cities and metropolitan areas. We note that the median annual salary of loan officers in state of Louisiana ranges from $37,740 to $55,540. The highest paying area for loan officers in Louisiana is Winnsboro nonmetropolitan area with a median annual salary of $55,540. The second highest paying city/area in Louisiana State is Baton Rouge (mean annual salary $54,510). The lowest paying area is Hammond nonmetropolitan area with a median annual salary of $37,740.

Cities/Areas Median Annual Salary
Winnsboro nonmetropolitan area
$55,540
Baton Rouge
$54,510
Houma-Bayou Cane-Thibodaux
$48,740
New Iberia nonmetropolitan area
$47,230
New Orleans-Metairie-Kenner
$46,530
Natchitoches nonmetropolitan area
$45,230
Lafayette
$44,580
Lake Charles
$43,420
Alexandria
$42,730
Monroe
$39,030
Shreveport-Bossier City
$38,630
Hammond nonmetropolitan area
$37,740


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