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State comparison · 2025

Loan Officers salary: Massachusetts vs New Mexico

Occupation

Loan Officers in Massachusetts earn a median of $101,600. In New Mexico, $62,610. After cost-of-living, the gap is 41.4% — not 62.3%.

Nominal pay gap
+62.3%
Massachusetts vs New Mexico
COL-adjusted gap
+41.4%
After BEA Regional Price Parities

Massachusetts

Loan Officers

Median
$101,600
p25
$79,760
p75
$136,940
p10
$64,680
p90
$198,220
COL index (BEA RPP)100 = US average
105.8
See full breakdown for Massachusetts

New Mexico

Loan Officers

Median
$62,610
p25
$48,040
p75
$90,040
p10
$27,700
p90
$122,960
COL index (BEA RPP)100 = US average
92.2
See full breakdown for New Mexico

BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.