Loan Officer Salary in Utah
Loan Officers in Utah earn an average of $68,695 per year across 1 metro area. This is +1.9% lower than the national average.
Average Salary
$68,695
per year
Hourly Rate
$33.03
per hour
vs National
-1.9%
$69,990 national
Salary Range
$45,829
to $102,233
Cost of Living Adjusted Salary
Nominal Salary
$68,695
Cost of Living Index
101
100 = national average
Adjusted Salary
$68,015
purchasing power equivalent
After adjusting for Utah's cost of living (above average), a Loan Officer's salary of $68,695 has the purchasing power of $68,015 in an average-cost area.
Loan Officer Salary by City in Utah
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Salt Lake City, UT | $68,695 | $33.03/hr | $45,829 | $102,233 | 299 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Utah vs National Average
Loan Officer Salary Comparison
Employment in Utah
There are approximately 299 Loan Officers employed across 1 metro area in Utah.
Key Industries: Technology, Healthcare, Tourism
State Income Tax: 4.65% flat rate
Loan Officer Salary Range in Utah
Entry Level (10th Percentile)
$45,829
Starting salary for new Loan Officers
Median (50th Percentile)
$68,695
Mid-career Loan Officer salary
Senior (90th Percentile)
$102,233
Top earners in the field
Related Occupations in Utah
Loan Officer Salary in Neighboring States
Compare Loan Officer salaries in Utah with nearby states to find the best opportunities.
More Utah Data
Frequently Asked Questions
What is the average Loan Officer salary in Utah?
The average Loan Officer salary in Utah is $68,695 per year ($33.03/hour) based on 2026 data across 1 metro areas. This is 1.9% below the national average of $69,990.
What is the highest paying city for Loan Officers in Utah?
Salt Lake City, UT is the highest paying city for Loan Officers in Utah, with a median salary of $68,695 per year.
What is the salary range for Loan Officers in Utah?
Loan Officer salaries in Utah range from $45,829 (entry-level, 10th percentile) to $102,233 (experienced, 90th percentile). The median salary is $68,695 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 Utah. 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.