Colorado ranks 11th of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $22,400 — a 28% gap.
Loan Officers are less concentrated in Colorado than the U.S. average — a location quotient of 0.68 means the occupation's share of local jobs is 1.47× below the national share.
Colorado employs roughly 1.3% of all loan officers in the country (3,700 workers).
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $41,680 | $20.04 |
| 25th percentile | $60,710 | $29.19 |
| 50th percentile (median) | $79,800 | $38.37 |
| 75th percentile | $116,040 | $55.79 |
| 90th percentile (top earners) | $157,130 | $75.54 |
| Mean (average) | $91,240 | $43.86 |
How Colorado Compares
| State | Median Annual | vs. Colorado |
|---|---|---|
| Colorado (current) | $79,800 | n/a |
| District of Columbia | $102,200 | +28% |
| New York | $98,940 | +24% |
| New Jersey | $95,090 | +19% |
| Massachusetts | $93,430 | +17% |
| Vermont | $86,490 | +8% |
| Minnesota | $84,480 | +6% |
| North Dakota | $82,990 | +4% |
| Kansas | $82,540 | +3% |
Showing top-paying states with available data. View all states →
Related Occupations in Colorado
| Occupation | Median Annual | Employment |
|---|---|---|
| Biological Science Teachers, Postsecondary | $79,760 | 840 |
| Postsecondary Teachers, All Other | $79,640 | 440 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $79,990 | 39,100 |
| Buyers and Purchasing Agents | $80,180 | 11,030 |
| First-Line Supervisors of Construction Trades and Extraction Workers | $79,160 | 21,090 |
| Nursing Instructors and Teachers, Postsecondary | $80,440 | 1,160 |
Frequently Asked Questions
What is the average Loan Officers salary in Colorado?
The mean loan officers salary in Colorado is $91,240 per year. The median (middle) salary is $79,800 per year.
What is the starting salary for a Loan Officers in Colorado?
Entry-level loan officerss (10th percentile) in Colorado typically earn around $41,680 per year. Workers at the 25th percentile earn approximately $60,710 per year.
What is the highest Loan Officers salary in Colorado?
Top earners (90th percentile) in this occupation in Colorado make approximately $157,130 per year. Those in the 75th percentile earn around $116,040 per year.
How does the Colorado Loan Officers salary compare to the national average?
The median loan officers salary in Colorado is $79,800, which is +8% above national average of $74,180.