Loan Officers pay range in Merced
New workers and the lowest-paid 10% earn about $34,580 a year or less, while the top 10% make $138,860 or more. The middle half of loan officers in Merced earn between $54,860 and $100,330.
- $35K10th
- $55K25th
- $79KMedian
- $100K75th
- $139K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $84,490 | $7,041 | $40.62 |
| Median | $78,940 | $6,578 | $37.95 |
| Entry level (25th percentile) | $54,860 | $4,572 | $26.38 |
| Experienced (75th percentile) | $100,330 | $8,361 | $48.24 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Merced vs. California and the U.S.
Loan officers in Merced earn 13% less than the California average ($97,120) and 4% less than the U.S. average ($87,790). At the median the gap is +3% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Merced | $84,490 | $78,940 | $34,580 | $138,860 | 90 |
| California | $97,120 | $81,770 | $37,460 | $169,040 | 25,790 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Loan Officers salary after taxes in Merced
On the average salary of $84,490, a single filer in Merced takes home about $64,503 a year, or $5,375 a month and $2,481 every two weeks. Taxes take 24% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). California State Disability Insurance (1.3% of wages, paid by employees) is not included.
Is Merced a good place for loan officers? Pay vs. cost of living
Prices in the Merced area are 2% below the U.S. average (BEA price parity 98.3), so the average $84,490 buys what about $85,973 would buy in a typical U.S. metro. This job pays 1.7 times the median wage of all jobs in Merced ($47,220). A typical home costs $419,171, or 5.0 years of this average salary before tax.
Loan Officers salary in other California cities
Merced ranks 22nd of 24 California metro areas for this job; San Francisco pays the most ($116,480).
- San Francisco$116,480
- Santa Maria$112,610
- San Jose$110,240
- Napa$108,320
- Modesto$106,380
- Salinas$103,980
- Vallejo$103,580
- Stockton$103,440
- San Luis Obispo$101,810
- Merced$84,490
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Merced: questions
How much do loan officers make an hour in Merced?
$40.62 an hour on average, and $37.95 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Merced?
The lowest-paid 10% earn about $34,580 a year and the 25th percentile is $54,860, a fair guide to starting pay.
What is the loan officers take-home pay in Merced?
About $64,503 a year ($5,375 a month) for a single filer on the average salary of $84,490. California State Disability Insurance (1.3% of wages, paid by employees) is not included.
Do loan officers earn more in Merced than elsewhere?
The average here is 4% less than the U.S. average for this job ($87,790).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Merced, CA (32900). Relative standard error of the mean wage: 3.8%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). California State Disability Insurance (1.3% of wages, paid by employees) is not included.
- Job concentration: location quotient 0.63, this job is less common than in the U.S. overall (location quotient 0.63).
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