Loan Officer Salary in Arizona

Loan Officers in Arizona earn an average of $64,319 per year across 2 metro areas. This is +8.1% lower than the national average.

Average Salary

$64,319

per year

Hourly Rate

$30.92

per hour

vs National

-8.1%

$69,990 national

Salary Range

$41,073

to $93,538

Cost of Living Adjusted Salary

Nominal Salary

$64,319

Cost of Living Index

102

100 = national average

Adjusted Salary

$63,058

purchasing power equivalent

After adjusting for Arizona's cost of living (above average), a Loan Officer's salary of $64,319 has the purchasing power of $63,058 in an average-cost area.

Loan Officer Salary by City in Arizona

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Phoenix, AZ$67,483$32.44/hr$43,584$98,435311
Tucson, AZ$61,155$29.40/hr$38,562$88,641279

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

Arizona vs National Average

Loan Officer Salary Comparison

Arizona Average$64,319
National Average$69,990
Difference-$5,671 (-8.1%)

Employment in Arizona

There are approximately 590 Loan Officers employed across 2 metro areas in Arizona.

Key Industries: Technology, Aerospace, Healthcare

State Income Tax: 2.5% flat rate

Loan Officer Salary Range in Arizona

Entry Level (10th Percentile)

$41,073

Starting salary for new Loan Officers

Median (50th Percentile)

$64,319

Mid-career Loan Officer salary

Senior (90th Percentile)

$93,538

Top earners in the field

Loan Officer Salary in Neighboring States

Compare Loan Officer salaries in Arizona with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Loan Officer salary in Arizona?

The average Loan Officer salary in Arizona is $64,319 per year ($30.92/hour) based on 2026 data across 2 metro areas. This is 8.1% below the national average of $69,990.

What is the highest paying city for Loan Officers in Arizona?

Phoenix, AZ is the highest paying city for Loan Officers in Arizona, with a median salary of $67,483 per year. The lowest paying metro area is Tucson, AZ at $61,155.

What is the salary range for Loan Officers in Arizona?

Loan Officer salaries in Arizona range from $41,073 (entry-level, 10th percentile) to $93,538 (experienced, 90th percentile). The median salary is $64,319 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Arizona. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.