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Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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      Wages for Loan Officers in NEW MEXICO

      Location Pay
      Period
      2024
      10% 25% Median 75% 90%
      United States Hourly $18.51 $24.26 $35.66 $49.00 $70.09
      Yearly $38,490 $50,460 $74,180 $101,920 $145,780
      New Mexico Hourly $16.65 $23.93 $34.95 $45.93 $64.06
      Yearly $34,630 $49,780 $72,690 $95,530 $133,250
      Albuquerque, NM Metro Area Hourly $18.63 $23.93 $36.28 $45.93 $63.99
      Yearly $38,750 $49,780 $75,470 $95,530 $133,090
      Farmington, NM Metro Area Hourly $18.20 $22.72 $35.07 $48.53 $75.83
      Yearly $37,850 $47,260 $72,950 $100,950 $157,720
      Santa Fe, NM Metro Area Hourly $16.57 $20.48 $33.69 $42.99 $65.35
      Yearly $34,470 $42,600 $70,070 $89,420 $135,930
      Las Cruces, NM Metro Area Hourly $15.10 $21.86 $33.63 $44.53 $57.46
      Yearly $31,410 $45,470 $69,950 $92,630 $119,510
      Eastern New Mexico Balance of State Hourly $16.15 $25.59 $31.44 $53.19 $69.97
      Yearly $33,590 $53,220 $65,400 $110,640 $145,530
      Northern New Mexico Balance of State Hourly $16.04 $25.72 $31.11 $47.10 $63.99
      Yearly $33,370 $53,490 $64,700 $97,970 $133,110