Salaries › Loan Officer › New Mexico
Loan Officer Salary in New Mexico (2026)
$30.10 per hour · take-home ≈ $50,710/year ($4,226/month) for a single filer
New Mexico ranks 45th of 51 states for Loan Officer pay, with a median about 17% below the national average. Of the 1,140 Loan Officer jobs BLS counts in New Mexico, the typical worker earns $62,610 a year — though pay ranges from $27,700 for newcomers to $122,960 at the top.
Loan Officer pay range in New Mexico
| Percentile | Annual wage | Meaning |
| 10th percentile (entry) | $27,700 | Lowest-paid 10% earn less than this |
| 25th percentile | $48,040 | A quarter earn less |
| Median (50th) | $62,610 | Half earn more, half earn less |
| 75th percentile | $90,040 | Top quarter starts here |
| 90th percentile (top) | $122,960 | Highest-paid 10% earn more than this |
BLS reports 1,140 Loan Officer jobs in New Mexico (occupation code 13-2072, “Loan Officers”).
Gross vs. take-home in New Mexico
A median Loan Officer salary of $62,610 doesn’t all reach your bank account. After federal income tax, Social Security, and Medicare, plus New Mexico state income tax, a single filer keeps about $50,710 — an effective tax rate of 19.0%.
| Gross (median) | $62,610 |
| Federal income tax | −$5,333 |
| Social Security + Medicare | −$4,790 |
| New Mexico state income tax | −$1,777 |
| Take-home (annual) | $50,710 |
| Take-home (monthly) | $4,226 |
Want your exact numbers — married, 401(k), different salary? Use the free New Mexico paycheck calculator on PaycheckTally.
Frequently asked questions
- How much does a Loan Officer make in New Mexico?
- The median Loan Officer salary in New Mexico is $62,610 per year ($30.10 per hour) according to the latest BLS data. The middle 50% earn between $48,040 and $90,040.
- What is the take-home pay for a Loan Officer in New Mexico?
- On the median salary of $62,610, a single filer in New Mexico takes home about $50,710 per year ($4,226 per month) after federal tax, FICA, and state income tax — an effective tax rate of 19.0%.
- How many Loan Officer jobs are there in New Mexico?
- BLS counts 1,140 Loan Officer jobs in New Mexico in the latest survey (May 2025).
Top-paying states for Loan Officers
Other salaries in New Mexico
Sources and methodology
Wage and employment figures: BLS OEWS May 2025 (state file, released April 2026) — the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey, the most authoritative public salary dataset. Take-home estimate: 2026 federal brackets, FICA, and verified New Mexico state tax rules (single filer, standard deduction, no credits or local taxes). Estimates only — not financial advice.
- BLS OEWS — official occupational wage data.
- PaycheckTally — interactive 2026 take-home calculator for New Mexico.