LocalSalaryHub Salary Report
Loan Officers in Farmington, NM · Generated June 2, 2026
Loan Officers Salary in Farmington, NM — Take-Home Pay Calculator
$58,740
Mean: $65,530
~$45,817 est. take-home
$28.24
Based on 2,080 hrs/yr
100
100 = national avg
Take-Home Pay Calculator
Estimate your real monthly budget in Farmington, NM
Tax Breakdown
Monthly Take-Home
$4,040
Annual Take-Home
$48,478
Monthly Budget in Farmington
Salary Distribution
Where the median falls between the 25th and 75th percentile.
25th %
$43,540
Median
$58,740
75th %
$77,400
Median is in the 45th percentile of the typical range
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Loan Officers in other NM cities
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About Loan Officers salaries in Farmington, NM
According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Farmington, NM is $58,740. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.
Salaries typically range from $43,540 (25th percentile) to $77,400 (75th percentile), reflecting differences in experience, employer size, and specialization.
The estimated hourly rate is $28.24 per hour, based on a standard 2,080-hour work year.
Frequently Asked Questions
What is the average salary for a loan officers in Farmington?▾
The median salary is $58,740 per year. The mean (average) salary is $65,530.
How much does a loan officers make per hour in Farmington?▾
The estimated hourly rate is $28.24 per hour.
What is the salary range for loan officers in Farmington?▾
Salaries typically range from $43,540 (25th percentile) to $77,400 (75th percentile).