Loan Officers Salary
Loan Officers in Greensboro-High Point, NC make a median of $58,400 a year, or about $28.08 an hour. The range runs from $49K at the entry level to $106K for experienced workers. Cost of living is below average (RPP 92.86), which stretches that salary to about $62,890 in buying power. A 2-bedroom apartment runs $1,330/month, about 34% of take-home, which is tight.
Where the paycheck goes
What $58K actually covers in Greensboro-High Point, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Greensboro-High Point’s Regional Price Parity (92.86). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About loan officers
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What this looks like in Greensboro-High Point
Pay for loan officers in Greensboro-High Point runs about 24% below the U.S. median of $77K. Rent runs $1,330/month for a 2-bedroom (HUD FMR), taking 34.4% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 92.86 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for loan officers in metros near Greensboro-High Point, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Charlotte-Concord-Gastonia | $78K | $80K |
| Raleigh-Cary | $77K | $79K |
| Wilmington | $82K | $85K |
| Durham-Chapel Hill | $64K | $66K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Greensboro-High Point, NC
Entry-level loan officers (10th percentile) start around $49K. Mid-career wages sit at $58K. Top earners bring in $106K or more, a $57K spread from bottom to top.
Loan Officers pay across states
Median income ranked highest to lowest, compared to the national figure
View Loan Officers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Massachusetts | $102K | +32% | 4,470 |
| Connecticut | $96K | +25% | 2,220 |
| New York | $96K | +25% | 10,840 |
| Minnesota | $95K | +24% | 6,430 |
| Colorado | $95K | +23% | 3,230 |
| Oregon | $94K | +23% | 4,220 |
| New Jersey | $93K | +21% | 6,200 |
| District of Columbia | $93K | +21% | 370 |
| Vermont | $89K | +16% | 350 |
| Kansas | $87K | +13% | 3,540 |
| North Dakota | $85K | +10% | 1,370 |
| Iowa | $84K | +9% | 2,840 |
| Delaware | $83K | +8% | 1,420 |
| Maine | $82K | +7% | 1,060 |
| California | $82K | +7% | 25,790 |
| New Hampshire | $81K | +5% | 1,120 |
| Washington | $80K | +4% | 6,040 |
| South Dakota | $80K | +4% | 1,820 |
| Nebraska | $80K | +4% | 2,710 |
| Wyoming | $80K | +4% | 740 |
| Illinois | $79K | +3% | 10,890 |
| Virginia | $78K | +2% | 8,790 |
| Wisconsin | $78K | +2% | 4,940 |
| Rhode Island | $77K | +1% | 1,290 |
| Ohio | $76K | -0% | 9,880 |
| North Carolina | $76K | -1% | 10,700 |
| Michigan | $74K | -3% | 11,340 |
| Missouri | $74K | -4% | 7,050 |
| Maryland | $74K | -4% | 3,850 |
| Oklahoma | $73K | -5% | 4,100 |
| Indiana | $73K | -5% | 4,790 |
| Alaska | $73K | -5% | 490 |
| Montana | $72K | -7% | 1,180 |
| Florida | $71K | -7% | 18,830 |
| Idaho | $71K | -7% | 2,030 |
| Arkansas | $70K | -8% | 2,610 |
| Pennsylvania | $69K | -10% | 8,140 |
| Georgia | $68K | -11% | 9,540 |
| Alabama | $67K | -13% | 5,050 |
| Texas | $66K | -13% | 21,200 |
| Nevada | $65K | -16% | 2,580 |
| Hawaii | $64K | -17% | 980 |
| South Carolina | $63K | -18% | 4,140 |
| Tennessee | $63K | -18% | 6,510 |
| New Mexico | $63K | -18% | 1,140 |
| Arizona | $62K | -19% | 10,020 |
| Kentucky | $62K | -19% | 3,940 |
| Louisiana | $61K | -20% | 2,810 |
| Mississippi | $60K | -21% | 3,450 |
| Utah | $59K | -22% | 3,990 |
| West Virginia | $58K | -25% | 1,290 |
Showing 1–10 of 51 (all 50 states + DC)
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Quick answers
The stuff people actually ask about this job
Can a loan officer afford a 2BR apartment alone in Greensboro-High Point?
It’s a stretch — at the median salary of $58K, rent takes 34.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,330/month. The 30% guideline puts the comfortable ceiling at roughly $1,200/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for loan officers in Greensboro-High Point?
The 10th-percentile wage — what new loan officers typically earn — is $49K/year. Take-home on that works out to about $3,260/month. At HUD’s $1,330/month FMR, rent would take 41% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan officer a high-paying job in Greensboro-High Point?
Local pay runs 24% below the national median — $58K here vs. $77K nationally. Cost of living is 7% below the national average, which narrows that gap in real purchasing power.
How does Greensboro-High Point compare to the national average for loan officers?
Greensboro-High Point pays $58K median vs. the U.S. average of $77K — that’s -24%. After adjusting for local cost of living (RPP 92.86), the purchasing-power equivalent is $63K — below the national median.
How much do loan officers make in Greensboro-High Point, NC?
The median is $58,400 a year, that works out to about $28 an hour. But the range is wide: entry-level workers start around $48,890, and experienced loan officers can clear $105,920. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $58K enough to live in Greensboro-High Point?
On that salary, you'd take home roughly $3,861/month after taxes. A 2-bedroom here rents for about $1,330/month, which eats 34.4% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a loan officers salary go in Greensboro-High Point?
Greensboro-High Point has a Regional Price Parity of 92.86 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan officers salary is worth about $62,890 in national-average purchasing power.
Where do loan officers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.