Loan Officer Salary in Phoenix, AZ
Loan Officers in the Phoenix-Mesa-Chandler, AZ metro area earn a median $61,850 a year — 19% less than the national median. After 2026 taxes, that is $50,539 take-home, or $4,212 a month.
Take-home pay calculator
Pre-filled with the median loan officer salary in Phoenix, AZ. Enter your own offer to see your paycheck.
- Federal income tax$5,242
- Social Security (6.2%)$3,835
- Medicare (1.45%)$897
- Arizona income tax$1,338
- Take-home pay$50,539
Marginal rate: 12% federal + 2.50% state
Got an offer somewhere else? Compare it with this one after taxes and rent →
Loan Officer pay by experience in Phoenix, AZ
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $35,840 | $17.23 | $30,290 | $2,524 |
| 25th percentile | $47,900 | $23.03 | $39,679 | $3,307 |
| Median (50th) | $61,850 | $29.74 | $50,539 | $4,212 |
| 75th percentile | $100,880 | $48.50 | $77,486 | $6,457 |
| 90th percentile (top earners) | $133,850 | $64.35 | $99,615 | $8,301 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Arizona resident, 2026 tax rules.
What $61,850 buys in Phoenix, AZ
Prices in Phoenix, AZ are 3.3% higher than the U.S. average (housing costs are 1.21× the national average). Adjusted for local prices, a median loan officer's $50,539 take-home pay has the buying power of $48,917 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Phoenix, AZ has 2.0× the national concentration of loan officer jobs — a strong local market for this occupation.
Best-paying cities for loan officers, adjusted for cost of living
Phoenix, AZ ranks #21 of 21 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Minneapolis, MN | $102,200 | $75,301 | $71,837 |
| 2 | Boston, MA | $103,400 | $76,622 | $70,772 |
| 3 | Columbus, OH | $82,160 | $65,153 | $68,245 |
| 4 | New York, NY | $101,570 | $75,332 | $66,924 |
| 5 | Washington, DC | $97,800 | $72,288 | $66,390 |
| 6 | Portland, OR | $96,100 | $68,857 | $65,316 |
| 7 | San Francisco, CA | $103,000 | $74,602 | $64,527 |
| 8 | Charlotte, NC | $78,200 | $61,232 | $62,900 |
| 21 | Phoenix, AZ | $61,850 | $50,539 | $48,917 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 21 metros →
About the job: loan officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods.
- Typical education
- Bachelor's degree
- Work experience
- Less than 5 years
- On-the-job training
- Moderate-term on-the-job training
- Job outlook, 2025–35
- +1.1% (slower than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a loan officer make in Phoenix, AZ?
The median loan officer salary in the Phoenix-Mesa-Chandler, AZ metro area is $61,850 a year, or about $29.74 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $47,900 and $100,880.
What is a loan officer’s take-home pay in Phoenix, AZ?
On the median $61,850 salary, a single filer living in Arizona takes home about $50,539 a year ($4,212 a month) after federal tax, Social Security, Medicare and $1,338 in Arizona taxes in 2026.
Is Phoenix, AZ a good place to work as a loan officer?
Pay here is 19% below the national median of $76,690. Local prices are 3.3% above the U.S. average, so the take-home pay buys what $48,917 would in a typical U.S. city. Phoenix, AZ ranks #21 of 21 metro areas for cost-of-living-adjusted pay in this job.
Can a loan officer afford rent in Phoenix, AZ?
HUD’s fair market rent for a one-bedroom in Phoenix, AZ is $1,583 a month ($1,839 for two bedrooms) — 38% of a median loan officer’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Phoenix, AZ
- Personal Financial Advisor — $103,680
- Project Management Specialist — $100,780
- Management Analyst — $94,900
- Financial and Investment Analyst — $94,700
- Business Operations Specialists, All Other — $84,190
- Accountant and Auditor — $80,820
- Logistician — $79,370
- Insurance Underwriter — $77,740
- Cost Estimator — $77,590
- Buyer and Purchasing Agent — $76,820
- Human Resources Specialist — $74,640
- Market Research Analyst and Marketing Specialist — $74,590