Loan Officer salary in Prescott Valley-Prescott, AZ
Loan Officers in the Prescott Valley-Prescott, AZ metro area earn a median of $59,860 a year ($28.78 an hour), based on BLS data for 70 workers.
Pay ranges from $37,270 for the lowest-paid 10% to $149,330 for the top 10%. That is 22% lower than the national median of $76,690. Pay here is 4% lower than the Arizona statewide median of $62,160. There are 0.98 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.55). The average (mean) salary is $77,240, above the median because a few high earners pull it up.
Pay range for loan officers in Prescott Valley-Prescott, AZ
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,270 | $17.92 |
| 25th percentile | $47,990 | $23.07 |
| Median | $59,860 | $28.78 |
| 75th percentile | $97,690 | $46.97 |
| 90th percentile (top earners) | $149,330 | $71.80 |
| Average (mean) | $77,240 | $37.13 |
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 | $4,988.33 |
| Semi-monthly (24 a year) | $2,494.17 |
| Biweekly (26 a year) | $2,302.31 |
| Weekly | $1,151.15 |
| Hourly | $28.78 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $59,860 salary, see how much house you can afford in Arizona 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 |
|---|---|---|
| Flagstaff, AZ | $78,810 | 60 |
| Phoenix-Mesa-Chandler, AZ | $61,850 | 8,350 |
| Yuma, AZ | $61,110 | 80 |
| Tucson, AZ | $58,440 | 500 |
| Lake Havasu City-Kingman, AZ | $55,180 | 90 |
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 Arizona statewide figures.
Related jobs in Prescott Valley-Prescott, AZ
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,770 | $37.39 |
| Personal Financial Advisor | $55,920 | $26.88 |
| Property Appraisers and Assessors | $63,710 | $30.63 |
| Financial and Investment Analysts | $135,680 | $65.23 |
| Tax Preparer | $44,250 | $21.28 |
| Human Resources Specialist | $62,490 | $30.05 |
| Market Research Analysts and Marketing Specialists | $61,010 | $29.33 |
| Project Management Specialist | $88,370 | $42.49 |
| Management Analyst | $80,640 | $38.77 |
| Business Operations Specialists, All Other | $78,850 | $37.91 |
| Cost Estimator | $67,720 | $32.56 |
| Training and Development Specialists | $68,700 | $33.03 |
| Compliance Officer | $61,510 | $29.57 |
| Buyers and Purchasing Agents | $63,970 | $30.76 |
More: Business and Financial Operations Occupations · all salaries in Prescott Valley-Prescott, AZ
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 Prescott Valley-Prescott, AZ?
The median salary for loan officers in the Prescott Valley-Prescott, AZ metro area is $59,860 a year, or $28.78 an hour. Pay ranges from $37,270 for the lowest-paid 10% to $149,330 for the top 10%.
How much do the highest-paid loan officers make in Prescott Valley-Prescott, AZ?
The top 10% of loan officers in the Prescott Valley-Prescott, AZ metro area earn at least $149,330 a year. The top 25% earn $97,690 or more.
What is the starting pay for loan officers in Prescott Valley-Prescott, AZ?
Entry-level pay (the 10th percentile) is about $37,270 a year, and a quarter of loan officers earn $47,990 or less.
How many loan officers work in Prescott Valley-Prescott, AZ?
About 70 loan officers are employed in the Prescott Valley-Prescott, AZ metro area, not counting the self-employed.