Loan Officers Salary
Loan Officers in San Juan-Bayamon-Caguas, PR make a median of $35,850 a year, or about $17.23 an hour. The range runs from $28K at the entry level to $65K for experienced workers. Adjusted for local prices (RPP 100), that's roughly $35,850 in purchasing power. Rent on a 2-bedroom averages $663/month, or 26.9% of estimated take-home pay.
So what does $36K get you in San Juan-Bayamon-Caguas?
Groceries, utilities, transportation, and healthcare scaled from national averages by San Juan-Bayamon-Caguas’s Regional Price Parity (100). 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 San Juan-Bayamon-Caguas
Pay for loan officers in San Juan-Bayamon-Caguas runs about 53% below the U.S. median of $77K. Rent runs $663/month for a 2-bedroom (HUD FMR), taking 25.8% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 100) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for loan officers in metros near San Juan-Bayamon-Caguas, adjusted for local cost of living.
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, San Juan-Bayamon-Caguas, PR
Entry-level loan officers (10th percentile) start around $28K. Mid-career wages sit at $36K. Top earners bring in $65K or more, a $37K 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)
Track loan officers salary changes
BLS updates this data quarterly. We'll email you when San Juan-Bayamon-Caguas numbers change.
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in San Juan-Bayamon-Caguas?
Yes — at the median salary of $36K, rent takes 25.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $663/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for loan officers in San Juan-Bayamon-Caguas?
The 10th-percentile wage — what new loan officers typically earn — is $28K/year. Take-home on that works out to about $1,675/month. At HUD’s $663/month FMR, rent would take 40% 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 San Juan-Bayamon-Caguas?
Local pay runs 53% below the national median — $36K here vs. $77K nationally.
How does San Juan-Bayamon-Caguas compare to the national average for loan officers?
San Juan-Bayamon-Caguas pays $36K median vs. the U.S. average of $77K — that’s -53%. After adjusting for local cost of living (RPP 100), the purchasing-power equivalent is $36K — below the national median.
How much do loan officers make in San Juan-Bayamon-Caguas, PR?
The median is $35,850 a year, that works out to about $17 an hour. But the range is wide: entry-level workers start around $27,910, and experienced loan officers can clear $65,190. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $36K enough to live in San Juan-Bayamon-Caguas?
On that salary, you'd take home roughly $2,570/month after taxes. A 2-bedroom here rents for about $663/month, which eats 25.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a loan officers salary go in San Juan-Bayamon-Caguas?
San Juan-Bayamon-Caguas has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median loan officers salary is worth about $35,850 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.