Loan Officer salary in Hammond, LA
Loan Officers in the Hammond, LA metro area earn a median of $61,180 a year ($29.41 an hour), based on BLS data for 80 workers.
Pay ranges from $32,990 for the lowest-paid 10% to $106,190 for the top 10%. That is 20% lower than the national median of $76,690. Pay here is about the same as the Louisiana statewide median of $61,110. There are 1.7 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $68,830, above the median because a few high earners pull it up.
Pay range for loan officers in Hammond, LA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $32,990 | $15.86 |
| 25th percentile | $46,960 | $22.58 |
| Median | $61,180 | $29.41 |
| 75th percentile | $93,760 | $45.08 |
| 90th percentile (top earners) | $106,190 | $51.05 |
| Average (mean) | $68,830 | $33.09 |
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 | $5,098.33 |
| Semi-monthly (24 a year) | $2,549.17 |
| Biweekly (26 a year) | $2,353.08 |
| Weekly | $1,176.54 |
| Hourly | $29.41 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $61,180 salary, see how much house you can afford in Louisiana at today's mortgage rates, or work out a payment with the mortgage calculator.
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 |
| Alexandria, LA | $60,150 | 110 |
| Monroe, LA | $59,150 | 190 |
| Baton Rouge, LA | $59,080 | 570 |
| Lafayette, LA | $58,960 | 340 |
| 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 Hammond, LA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $66,090 | $31.77 |
| Financial Specialists, All Other | $54,530 | $26.21 |
| Business Operations Specialists, All Other | $59,070 | $28.40 |
| Human Resources Specialist | $58,280 | $28.02 |
| Market Research Analysts and Marketing Specialists | $51,620 | $24.82 |
| Project Management Specialist | $76,260 | $36.66 |
| Compliance Officer | $69,240 | $33.29 |
| Buyers and Purchasing Agents | $59,420 | $28.57 |
| Training and Development Specialists | $60,420 | $29.05 |
| Claims Adjusters, Examiners, and Investigators | $59,300 | $28.51 |
| Management Analyst | $91,280 | $43.89 |
| Cost Estimator | $59,760 | $28.73 |
More: Business and Financial Operations Occupations · all salaries in Hammond, 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 Hammond, LA?
The median salary for loan officers in the Hammond, LA metro area is $61,180 a year, or $29.41 an hour. Pay ranges from $32,990 for the lowest-paid 10% to $106,190 for the top 10%.
How much do the highest-paid loan officers make in Hammond, LA?
The top 10% of loan officers in the Hammond, LA metro area earn at least $106,190 a year. The top 25% earn $93,760 or more.
What is the starting pay for loan officers in Hammond, LA?
Entry-level pay (the 10th percentile) is about $32,990 a year, and a quarter of loan officers earn $46,960 or less.
How many loan officers work in Hammond, LA?
About 80 loan officers are employed in the Hammond, LA metro area, not counting the self-employed.