WageDepth

Loan Officers Salary in Farmington, NM

SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS

The median salary for a Loan Officers in Farmington, NM is $72,950 per year as of 2024. That works out to roughly $35.07 per hour. This is 2% below the national median of $74,180. 40 people work as Loan Officers in Farmington, NM. Wages have grown 120% since 2014, when the median was $33,230.

Median Annual Salary

$72,950

Mean Annual

$89,200

Median Hourly

$35.07

Total Employed

40

Location Quotient

0.40

Less common here

Salary Distribution

$38k
10th
$47k
25th
$73k
Median
$101k
75th
$158k
90th

How This Compares

Farmington, NM

$72,950

this metro

New Mexico

$72,690

you earn +0% vs state

United States

$74,180

you earn -2% vs US

Salary Trend

View data table
Year Median Annual
2024 $72,950
2023 $65,670
2022 $63,930
2021 $61,070
2020 $57,380
2019 $55,120
2016 $31,430
2015 $39,790
2014 $33,230

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