Loan Officers pay range in Reno
New workers and the lowest-paid 10% earn about $24,960 a year or less, while the top 10% make $153,560 or more. The middle half of loan officers in Reno earn between $43,670 and $104,610.
- $25K10th
- $44K25th
- $62KMedian
- $105K75th
- $154K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $79,990 | $6,666 | $38.46 |
| Median | $62,180 | $5,182 | $29.89 |
| Entry level (25th percentile) | $43,670 | $3,639 | $21.00 |
| Experienced (75th percentile) | $104,610 | $8,718 | $50.29 |
*Hourly figures assume 2,080 paid hours a year.
Loan Officers salary after taxes in Reno
On the average salary of $79,990, a single filer in Reno takes home about $65,103 a year, or $5,425 a month and $2,504 every two weeks. Taxes take 19% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Reno a good place for loan officers? Pay vs. cost of living
Prices in the Reno area are in line with the U.S. average (BEA price parity 101.0), so the average $79,990 buys what about $79,187 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Reno ($49,660). A typical home costs $570,546, or 7.1 years of this average salary before tax.
Loan Officers salary in other Nevada cities
Reno ranks 2nd of 3 Nevada metro areas for this job; Las Vegas pays the most ($91,110).
- Las Vegas$91,110
- Reno$79,990
- Carson City$67,200
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 Reno: questions
How much do loan officers make an hour in Reno?
$38.46 an hour on average, and $29.90 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Reno?
The lowest-paid 10% earn about $24,960 a year and the 25th percentile is $43,670, a fair guide to starting pay.
What is the loan officers take-home pay in Reno?
About $65,103 a year ($5,425 a month) for a single filer on the average salary of $79,990. Nevada has no state income tax.
Do loan officers earn more in Reno than elsewhere?
The average here is 10% less than the U.S. metro average for this job ($88,726).
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 Reno, NV (39900). Relative standard error of the mean wage: 6.9%.
- 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 no state income tax.
- Job concentration: location quotient 0.77, this job is less common than in the U.S. overall (location quotient 0.77).
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