Loan Officers pay range in Colorado Springs
New workers and the lowest-paid 10% earn about $35,810 a year or less, while the top 10% make $156,920 or more. The middle half of loan officers in Colorado Springs earn between $52,000 and $105,940.
- $36K10th
- $52K25th
- $80KMedian
- $106K75th
- $157K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $85,710 | $7,142 | $41.21 |
| Median | $79,770 | $6,648 | $38.35 |
| Entry level (25th percentile) | $52,000 | $4,333 | $25.00 |
| Experienced (75th percentile) | $105,940 | $8,828 | $50.93 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Colorado Springs vs. Colorado and the U.S.
Loan officers in Colorado Springs earn 12% less than the Colorado average ($97,840) and about the same as the U.S. average ($87,790). At the median the gap is +4% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Colorado Springs | $85,710 | $79,770 | $35,810 | $156,920 | 380 |
| Colorado | $97,840 | $94,520 | $39,430 | $165,370 | 3,230 |
| 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 Colorado Springs
On the average salary of $85,710, a single filer in Colorado Springs takes home about $66,064 a year, or $5,505 a month and $2,541 every two weeks. Taxes take 23% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Colorado's FAMLI premium and the flat monthly occupational privilege taxes of Denver, Aurora and a few other cities are not included.
Is Colorado Springs a good place for loan officers? Pay vs. cost of living
Prices in the Colorado Springs area are in line with the U.S. average (BEA price parity 100.7), so the average $85,710 buys what about $85,108 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Colorado Springs ($52,710). A typical home costs $457,300, or 5.3 years of this average salary before tax.
Loan Officers salary in other Colorado cities
Colorado Springs ranks 5th of 7 Colorado metro areas for this job; Denver pays the most ($103,790).
- Denver$103,790
- Fort Collins$94,400
- Pueblo$88,050
- Greeley$87,840
- Colorado Springs$85,710
- Boulder$85,090
- Grand Junction$83,430
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 Colorado Springs: questions
How much do loan officers make an hour in Colorado Springs?
$41.21 an hour on average, and $38.35 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Colorado Springs?
The lowest-paid 10% earn about $35,810 a year and the 25th percentile is $52,000, a fair guide to starting pay.
What is the loan officers take-home pay in Colorado Springs?
About $66,064 a year ($5,505 a month) for a single filer on the average salary of $85,710. Colorado's FAMLI premium and the flat monthly occupational privilege taxes of Denver, Aurora and a few other cities are not included.
Do loan officers earn more in Colorado Springs than elsewhere?
The average here is about the same as 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 Colorado Springs, CO (17820). Relative standard error of the mean wage: 4.4%.
- 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 (2026 rules). Colorado's FAMLI premium and the flat monthly occupational privilege taxes of Denver, Aurora and a few other cities are not included.
- Job concentration: location quotient 0.68, this job is less common than in the U.S. overall (location quotient 0.68).
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