Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| New Mexico | National | Difference | |
|---|---|---|---|
| Median annual salary | $62,610 | $75,854 | -17% |
| Median hourly wage | $30.10 | $36.47 | -17% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $67,907.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in New Mexico is $62,610, or about $30.10 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. New Mexico is -17% below the national median.
Entry-level loan officers in New Mexico typically earn from varies by experience depending on the city and employer.
With 1,140 loan officer jobs on record and a median salary of $62,610, New Mexico offers competitive pay compared to the rest of the country.
By median annual wage, loan officers rank 274 of the 634 occupations reported in New Mexico — higher than 57% of them.
Among occupations in the same job family, Project Management Specialists at $106,970, Logisticians at $98,430, Personal Financial Advisors at $94,270 — all figures are median annual wages for New Mexico.
No. Every figure on this page is a gross (pre-tax) wage. New Mexico levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 94.0 (100 = national average).
By median annual wage, loan officers rank 274 of the 634 occupations reported in New Mexico — higher than 57% of them.
| Occupation in the same job family | Median in New Mexico | Jobs |
|---|---|---|
| Project Management Specialists | $106,970 | $4,330 |
| Logisticians | $98,430 | $850 |
| Personal Financial Advisors | $94,270 | $610 |
| Management Analysts | $93,180 | $3,910 |
| Financial and Investment Analysts | $87,630 | $930 |
| Budget Analysts | $87,360 | $740 |
New Mexico levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 94.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 634 occupations in New Mexico.