Loan Officers Salary in Provo, UT

BLS Occupational Employment & Wage Statistics • May 2025 • Provo-Orem-Lehi, UT

Median annual salary $50,490 -31.9% vs national
Median hourly $24.27
10th percentile $35,930
90th percentile $122,420
Employed locally 800
National median $74,180

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Loan Officers
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Provo, UT
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    Salary percentile breakdown

    10th
    $35,930
    25th
    $40,210
    50th (median)
    $50,490
    75th
    $81,020
    90th
    $122,420

    Provo economic context

    Unemployment rate 3.30% 2024 annual avg • BLS LAUS
    Median household income $96,745 2023 • Census ACS
    Loan Officers salary vs area income 52% Median Loan Officers salary is 48% below 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
    Southwest Iowa nonmetropolitan area $92,560
    Southern Vermont nonmetropolitan area $86,490
    Southeast Minnesota nonmetropolitan area $81,840
    Southwestern New Hampshire nonmetropolitan area $80,050
    Portland-South Portland, ME $79,580
    Burlington-South Burlington, VT $79,120

    Related occupations in Provo, UT

    OccupationMedian salary
    Accountants and Auditors$72,520
    Market Research Analysts and Marketing Specialists$64,690
    Project Management Specialists$83,620
    Human Resources Specialists$69,990
    Training and Development Specialists$61,740
    Management Analysts$60,470

    Frequently asked questions

    How much do Loan Officers make per hour in Provo?

    The median hourly wage for Loan Officers in Provo, UT is $24.27, based on BLS OEWS 2025 data. Top earners (90th percentile) make $61.43 or more per hour.

    Is Provo above or below average for Loan Officers salaries?

    The median Loan Officers salary in Provo, UT is 31.9% 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 Provo?

    Entry-level Loan Officers (10th percentile) earn around $35,930 per year in Provo, UT. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $40,210.