SOC 13-2072 · May 2025 · BLS OEWS
Loan Officers — San Jose
San Jose-Sunnyvale-Santa Clara, CA · 10 metro areas compared
Median pay for this occupation in San Jose, CA comes to $95,090 a year, ahead of the national median of $76,690 by 24.0%.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
Median pay for this occupation in San Jose, CA comes to $95,090 a year, ahead of the national median of $76,690 by 24.0%. The middle half of workers in this occupation earn between $60,100 and $134,630. The lowest tenth earn under $40,570, while the highest tenth earn more than $205,560.
The area has 1,140 jobs in this occupation, giving a location quotient of 0.57 — a measure of how concentrated the occupation is here relative to the country as a whole. San Francisco leads the state's metro areas for this occupation, at $103,000. Set against every other occupation measured in the same area, it ranks 247th of 574 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $40,570 | −47.1% |
| 25th | $60,100 | −21.6% |
| Median (50th) | $95,090 | +24.0% |
| 75th | $134,630 | +75.6% |
| 90th | $205,560 | +168.0% |
| Mean | $110,240 | +43.7% |
Other metro areas in California
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | San Francisco | $103,000 | 3,330 | |
| 2 | Salinas | $95,640 | 140 | |
| 3 | Santa Maria | $86,200 | 180 | |
| 4 | Vallejo | $83,110 | 170 | |
| 5 | San Luis Obispo | $82,470 | 100 | |
| 6 | Modesto | $82,250 | 190 | |
| 7 | San Diego | $81,770 | 2,360 | |
| 8 | Santa Rosa | $80,370 | 290 | |
| 9 | Los Angeles | $80,360 | 9,690 | |
| 10 | Napa | $80,070 | 60 |
What the pay is worth locally
Prices in San Jose run 10.7% above the national average, so the median of $95,090 buys what $85,899 would elsewhere in the country. Measured that way the gap against the national median narrows to 12.0% above the national median in real terms.
Published median
$95,090as reported by BLSLocal price level
110.7US average = 100 · BEA 2024Adjusted for local prices
$85,899US average = 100 · BEA 2024Key takeaways
- Median pay is $95,090 a year, 24.0% above the national median.
- Published pay spans $40,570 to $205,560 between the tenth and ninetieth percentiles.
- The area has 1,140 jobs in this occupation.
- The highest-paying metro area covered is San Francisco, at $103,000.
Frequently asked questions
What is the median wage for Loan Officers in San Jose, CA?
The median annual wage is $95,090, or $45.71 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $76,690, so pay in San Jose, CA is 24.0% higher. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in San Jose, CA earns more than $205,560 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $40,570 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in San Francisco, at $103,000 per year.
How many jobs are there in this occupation here?
The survey estimates 1,140 jobs in this occupation in San Jose, CA. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
Explore related data