Utah ranks 45th of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $41,330 — a 68% gap.
The 10th-to-90th percentile range runs from $38,540 to $126,630 — a $88,090 spread, 18% tighter than the national $107,290 range.
Loan Officers are more concentrated in Utah than the U.S. average — a location quotient of 1.74 means the occupation's share of local jobs is 1.74× the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $38,540 | $18.53 |
| 25th percentile | $45,700 | $21.97 |
| 50th percentile (median) | $60,870 | $29.27 |
| 75th percentile | $82,340 | $39.59 |
| 90th percentile (top earners) | $126,630 | $60.88 |
| Mean (average) | $77,600 | $37.31 |
How Utah Compares
| State | Median Annual | vs. Utah |
|---|---|---|
| Utah (current) | $60,870 | n/a |
| District of Columbia | $102,200 | +68% |
| New York | $98,940 | +63% |
| New Jersey | $95,090 | +56% |
| Massachusetts | $93,430 | +53% |
| Vermont | $86,490 | +42% |
| Minnesota | $84,480 | +39% |
| North Dakota | $82,990 | +36% |
| Kansas | $82,540 | +36% |
Showing top-paying states with available data. View all states →
Related Occupations in Utah
| Occupation | Median Annual | Employment |
|---|---|---|
| Massage Therapists | $61,010 | 1,820 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,080 | 13,930 |
| Physical Therapist Assistants | $61,110 | 780 |
| Fundraisers | $60,610 | 660 |
| Dietitians and Nutritionists | $61,170 | 1,090 |
| Training and Development Specialists | $60,510 | 6,800 |
Frequently Asked Questions
What is the average Loan Officers salary in Utah?
The mean loan officers salary in Utah is $77,600 per year. The median (middle) salary is $60,870 per year.
What is the starting salary for a Loan Officers in Utah?
Entry-level loan officerss (10th percentile) in Utah typically earn around $38,540 per year. Workers at the 25th percentile earn approximately $45,700 per year.
What is the highest Loan Officers salary in Utah?
Top earners (90th percentile) in this occupation in Utah make approximately $126,630 per year. Those in the 75th percentile earn around $82,340 per year.
How does the Utah Loan Officers salary compare to the national average?
The median loan officers salary in Utah is $60,870, which is -18% below national average of $74,180.