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Loan Officer Salary in Marietta, GA

How much does a loan officer make in Marietta? Explore median, entry-level, and senior salaries adjusted for Marietta's cost of living.

Median Salary
$78,220
per year in Marietta
Entry Level
$46,012
Starting salary
Senior Level
$110,428
Experienced professionals
Cost of Living
108
8% above national avg

Salary Breakdown by Experience Level

See how loan officer salaries break down across different pay periods in Marietta.

PeriodEntry LevelMedianSenior
Annual$46,012$78,220$110,428
Monthly$3,834$6,518$9,202
Biweekly$1,770$3,008$4,247
Weekly$885$1,504$2,124
Hourly$22$38$53

Marietta vs National Average

How Marietta's loan officer salaries compare to national figures.

Marietta Salary
$78,220
COL Index: 108
National Average
$77,370
COL Index: 100
Difference
+$850
Higher in Marietta

Cost of Living in Marietta

1-Bedroom Rent
$1,350
per month
Median Income
$62,340
per year
Population
60,972
residents
Rent % of Income
26.0%
median household
Cost of Living Index: 108 — A score of 100 represents the U.S. average. Salaries in Marietta have been adjusted to account for local cost differences.

About Loan Officer

Overview

Evaluate loan applications and manage lending relationships with clients.

Education

Bachelor's degree in Finance or related field

Key Skills

Loan AnalysisRisk AssessmentCustomer ServiceDocumentation

Growth Rate

Expected job growth: +16% over the next decade

Compare Cities: Loan Officer Salary

See Loan Officer salaries in other top cities.

New York, NY
$102,540
+31%
Los Angeles, CA
$80,340
+3%
Chicago, IL
$77,270
-1%
Houston, TX
$69,010
-12%
Phoenix, AZ
$53,700
-31%

Financial Tools to Explore

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Loan Officer Salary in Marietta, GA — Complete Guide

Median Salary Overview

The median salary for a loan officer in Marietta, GA is $78,220 per year, adjusted for the local cost of living index of 108. This figure reflects typical earnings for experienced professionals in this role, considering Marietta's unique economic conditions.

Salary Range and Experience Levels

Entry-level loan officer professionals in Marietta can expect to earn around $46,012 annually. As professionals gain experience, salaries typically increase, with senior-level loan officers earning approximately $110,428 per year. This represents a 140% increase from entry to senior level.

Cost of Living Adjustment

Marietta's cost of living index of 108 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Marietta are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $77,370, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a loan officer's salary in Marietta typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 20.7% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Loan Officers are in growing demand across the United States, with an expected job growth of 16% over the next decade. In Marietta, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.