Loan Officers Salary in Merced, CA

BLS Occupational Employment & Wage Statistics • May 2025 • Merced, CA

Median annual salary $66,830 -9.9% vs national
Median hourly $32.13
10th percentile $33,930
90th percentile $102,770
Employed locally 100
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Merced, CA stacks up on salary and cost of living.

Full tool →
Loan Officers
in
Merced, CA
vs

    Salary percentile breakdown

    10th
    $33,930
    25th
    $47,600
    50th (median)
    $66,830
    75th
    $90,650
    90th
    $102,770

    Merced economic context

    Unemployment rate 9.80% 2024 annual avg • BLS LAUS
    Median household income $65,044 2023 • Census ACS
    Loan Officers salary vs area income 103% Median Loan Officers salary is 3% above the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Salinas, CA $95,960
    Boston-Cambridge-Newton, MA-NH $94,850
    San Francisco-Oakland-Fremont, CA $94,110
    San Jose-Sunnyvale-Santa Clara, CA $81,990
    El Centro, CA $80,360
    Los Angeles-Long Beach-Anaheim, CA $80,340

    Related occupations in Merced, CA

    OccupationMedian salary
    Accountants and Auditors $78,670
    Business Operations Specialists, All Other $74,630
    Human Resources Specialists $74,570
    Management Analysts $77,610
    Training and Development Specialists $56,500
    Project Management Specialists $95,490

    Frequently asked questions

    How much do Loan Officers make per hour in Merced?

    The median hourly wage for Loan Officers in Merced, CA is $32.13, based on BLS OEWS 2025 data. Top earners (90th percentile) make $66.76 or more per hour.

    Is Merced above or below average for Loan Officers salaries?

    The median Loan Officers salary in Merced, CA is 9.9% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Merced?

    Entry-level Loan Officers (10th percentile) earn around $33,930 per year in Merced, CA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $47,600.