Loan Officers pay range in Monroe
New workers and the lowest-paid 10% earn about $28,280 a year or less, while the top 10% make $96,940 or more. The middle half of loan officers in Monroe earn between $45,810 and $76,080.
- $28K10th
- $46K25th
- $59KMedian
- $76K75th
- $97K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $64,870 | $5,406 | $31.19 |
| Median | $59,150 | $4,929 | $28.44 |
| Entry level (25th percentile) | $45,810 | $3,818 | $22.02 |
| Experienced (75th percentile) | $76,080 | $6,340 | $36.58 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Monroe vs. Louisiana and the U.S.
Loan officers in Monroe earn 11% less than the Louisiana average ($73,240) and 26% less than the U.S. average ($87,790). At the median the gap is -23% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Monroe | $64,870 | $59,150 | $28,280 | $96,940 | 190 |
| Louisiana | $73,240 | $61,110 | $38,100 | $124,420 | 2,810 |
| 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 Monroe
On the average salary of $64,870, a single filer in Monroe takes home about $52,743 a year, or $4,395 a month and $2,029 every two weeks. Taxes take 19% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Monroe a good place for loan officers? Pay vs. cost of living
Prices in the Monroe area are 16% below the U.S. average (BEA price parity 83.6), so the average $64,870 buys what about $77,598 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Monroe ($38,150). A typical home costs $168,606, or 2.6 years of this average salary before tax.
Loan Officers salary in other Louisiana cities
Monroe ranks 10th of 10 Louisiana metro areas for this job; Slidell pays the most ($84,560).
- Slidell$84,560
- Houma$84,360
- New Orleans$77,830
- Lafayette$70,130
- Baton Rouge$69,040
- Hammond$68,830
- Shreveport$68,290
- Alexandria$66,260
- Lake Charles$65,660
- Monroe$64,870
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 Monroe: questions
How much do loan officers make an hour in Monroe?
$31.19 an hour on average, and $28.44 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Monroe?
The lowest-paid 10% earn about $28,280 a year and the 25th percentile is $45,810, a fair guide to starting pay.
What is the loan officers take-home pay in Monroe?
About $52,743 a year ($4,395 a month) for a single filer on the average salary of $64,870.
Do loan officers earn more in Monroe than elsewhere?
The average here is 26% 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 Monroe, LA (33740). Relative standard error of the mean wage: 8.0%.
- 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).
- Job concentration: location quotient 1.26, this job is 1.3 times as concentrated as in the U.S. overall.
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