13 Series · SOC 13-2072
Loan Officers Salary
National pay, percentile range, growth outlook, and state-by-state detail from the U.S. Bureau of Labor Statistics OEWS survey (May 2025).
- $76,690
- Median / year
- $153,180
- Top 10% earn
- +1.7%
- Growth '23–'33
- 274,330
- US workers
Loan Officers earn a median of $76,690 per year.
According to the U.S. Bureau of Labor Statistics OEWS survey, the median annual wage is $76,690, based on the most recent survey of employers. Reported pay ranges from $39,430 (10th percentile) to $153,180 (90th percentile) nationally, across roughly 274,330 US workers. Massachusetts pays the most ($101,600), since pay varies by state and metro area.
The pay verdict
Loan Officers earn a median of $76,690, putting them above the typical US occupation and higher than 69% of the 825 occupations with a published BLS median. Within Business and Financial Operations, it ranks #23 of 32 by median pay. Employment is projected to grow 1.7% by 2033.
- $76,690
- Median annual wage
- Top 31%
- of 825 US occupations with published wages
- #23 of 32
- in Business and Financial Operations
- 3.9×
- 90th-to-10th pay spread
Highest-paying state: Massachusetts at $101,600. Typical entry-level education: Bachelor's degree.
Loan Officers (SOC 13-2072) pays a national median of $76,690 per year according to the BLS Occupational Employment and Wage Statistics survey released in May 2025. Full-range compensation stretches from $39,430 at the 10th percentile to $153,180 at the 90th, with a mean of $87,790 indicating a right-skew where top earners pull the average above the midpoint. An estimated 274,330 Americans work in this occupation across 54 reporting states and 517 metro areas.
BLS Employment Projections forecast a +1.7% change in employment from 2024 to 2034, which the agency classifies as slower than average relative to the 5% all-occupations baseline. About 20,300 openings are projected per year, combining new positions with replacement needs from retirements and occupation-switchers. Typical entry-level preparation is Bachelor's degree, with less than 5 years of prior experience generally required and moderate-term on-the-job training of on-the-job training. The BLS Census of Fatal Occupational Injuries (CFOI) and Survey of Occupational Injuries and Illnesses (SOII) produce a workplace-safety grade of A for this role, with a fatality rate of 0.3 per 100,000 and injury rate of 0.3 per 100.
Geographic variation matters as much as the headline median. Massachusetts pays the highest state median at $101,600, which is +32% above the national figure. The top metro is Massachusetts nonmetropolitan area at $134,980 - metro premiums typically reflect higher cost of living, industry concentration, or specialized employer demand. When using this page for negotiation or career planning, pair the national median with the state and metro rows below, remember that BLS wages exclude benefits, bonuses, and overtime, and revisit after each May OEWS release since percentiles shift with cost-of-living cycles and industry demand. See our methodology for exactly how these figures are sourced, computed, and verified.
BLS OEWS May 2025 274,330 jobs Median $76,690/yr
Median Salary
$76,690
per year
Median Hourly
$36.87/hr
per hour
Mean Salary
$87,790
average
Employment
274,330
jobs nationwide
How does this pay compare nationally?
Where Loan Officers pay sits nationally
Median annual wage vs. 825 detailed BLS occupations with a published median
$76,690 Top 31% higher than 69% of 825 US occupations
Each bar is a $20K-wide band; taller bars hold more US occupations. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Labor Statistics, OEWS · May 2025
Does this job pay well and grow?
Each dot is a 13-series occupation, placed by projected 2024–2034 growth and median pay. The highlighted dot is Loan Officers; the upper-right quadrant is the sweet spot (high pay + fast growth).
Among 24 13-series occupations with growth data, Loan Officers sits on the slower-growing side at +1.7% growth and $76,690 median pay.
Source: U.S. Bureau of Labor Statistics, OEWS (wages, May 2025) and Employment Projections (2024–2034).
Job Outlook (2024–2034)
Projected Growth
+1.7%
Slower than average
Annual Openings
20,300
per year (projected)
Typical Education
Bachelor's degree
Work Experience
Less than 5 years
On-the-Job Training
Moderate-term on-the-job training
Source: BLS Employment Projections, 2024–2034
Workplace Safety
All safety ratings → A
Very Safe
Safety Grade (BLS 2023)
Fatality Rate
0.3/100K
Injury Rate
0.3/100
Danger Index
1.4/100
Source: BLS Census of Fatal Occupational Injuries (CFOI) & Survey of Occupational Injuries and Illnesses (SOII), 2023
Career Intelligence
Skills, knowledge, and tasks most important for Loan Officers roles, ranked by importance. Source: O*NET.
Top Skills
Active Listening 4.0
Speaking 4.0
Reading Comprehension 3.9
Judgment and Decision Making 3.9
Critical Thinking 3.8
Writing 3.4
Mathematics 3.3
Social Perceptiveness 3.3
Complex Problem Solving 3.3
Active Learning 3.1
Knowledge Areas
Customer and Personal Service 4.7
Economics and Accounting 3.9
English Language 3.8
Mathematics 3.7
Sales and Marketing 3.5
Law and Government 3.3
Administration and Management 3.1
Education and Training 2.9
Administrative 2.8
Computers and Electronics 2.8
Key Tasks
- ▸ Meet with applicants to obtain information for loan applications and to answer questions about the process.
- ▸ Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
- ▸ Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
- ▸ Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
- ▸ Submit applications to credit analysts for verification and recommendation.
- ▸ Review loan agreements to ensure that they are complete and accurate according to policy.
- ▸ Review and update credit and loan files.
- ▸ Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
- ▸ Work with clients to identify their financial goals and to find ways of reaching those goals.
- ▸ Handle customer complaints and take appropriate action to resolve them.
Source: O*NET Online, National Center for O*NET Development. Data represents typical importance ratings for this occupation.
Salary Range
Annual Salary Distribution
Hourly Rate Distribution
10th Percentile
$39,430
25th Percentile
$52,730
Median
$76,690
75th Percentile
$104,080
90th Percentile
$153,180
Salary by State
Highest Paying States
View all 54 states →
| # | State | Median Salary | vs National |
|---|---|---|---|
| 1 | Massachusetts | $101,600 | +32% above national |
| 2 | Connecticut | $95,730 | +25% above national |
| 3 | New York | $95,710 | +25% above national |
| 4 | Minnesota | $95,170 | +24% above national |
| 5 | Colorado | $94,520 | +23% above national |
| 6 | Oregon | $94,440 | +23% above national |
| 7 | New Jersey | $92,920 | +21% above national |
| 8 | District of Columbia | $92,890 | +21% above national |
| 9 | Vermont | $88,710 | +16% above national |
| 10 | Kansas | $86,970 | +13% above national |
| 11 | North Dakota | $84,650 | +10% above national |
| 12 | Iowa | $83,670 | +9% above national |
| 13 | Delaware | $83,130 | +8% above national |
| 14 | Maine | $81,900 | +7% above national |
| 15 | California | $81,770 | +7% above national |
| 16 | New Hampshire | $80,660 | +5% above national |
| 17 | Washington | $80,120 | +4% above national |
| 18 | South Dakota | $79,920 | +4% above national |
| 19 | Nebraska | $79,840 | +4% above national |
| 20 | Wyoming | $79,620 | +4% above national |
| 21 | Illinois | $79,150 | +3% above national |
| 22 | Virginia | $78,320 | +2% above national |
| 23 | Wisconsin | $78,290 | +2% above national |
| 24 | Rhode Island | $77,250 | +1% above national |
| 25 | Ohio | $76,370 | same as national |
| 26 | North Carolina | $75,920 | 1% below national |
| 27 | Michigan | $74,470 | 3% below national |
| 28 | Missouri | $73,660 | 4% below national |
| 29 | Maryland | $73,580 | 4% below national |
| 30 | Oklahoma | $72,990 | 5% below national |
| 31 | Indiana | $72,960 | 5% below national |
| 32 | Alaska | $72,800 | 5% below national |
| 33 | Montana | $71,570 | 7% below national |
| 34 | Florida | $71,090 | 7% below national |
| 35 | Idaho | $71,070 | 7% below national |
| 36 | Arkansas | $70,260 | 8% below national |
| 37 | Pennsylvania | $69,300 | 10% below national |
| 38 | Georgia | $68,490 | 11% below national |
| 39 | Alabama | $66,710 | 13% below national |
| 40 | Texas | $66,370 | 13% below national |
| 41 | Nevada | $64,500 | 16% below national |
| 42 | Hawaii | $63,740 | 17% below national |
| 43 | South Carolina | $63,220 | 18% below national |
| 44 | Tennessee | $62,800 | 18% below national |
| 45 | New Mexico | $62,610 | 18% below national |
| 46 | Arizona | $62,160 | 19% below national |
| 47 | Kentucky | $62,090 | 19% below national |
| 48 | Louisiana | $61,110 | 20% below national |
| 49 | Mississippi | $60,260 | 21% below national |
| 50 | Utah | $59,440 | 22% below national |
| 51 | West Virginia | $57,580 | 25% below national |
| 52 | Guam | $45,180 | 41% below national |
| 53 | Virgin Islands | $44,780 | 42% below national |
| 54 | Puerto Rico | $35,730 | 53% below national |
Salary by Metro Area
Highest Paying Metros
View all 517 metro areas →
| # | Metro Area | Median Salary | vs National |
|---|---|---|---|
| 1 | Massachusetts nonmetropolitan area | $134,980 | +76% above national |
| 2 | Enid, OK | $104,990 | +37% above national |
| 3 | Bridgeport-Stamford-Danbury, CT | $103,850 | +35% above national |
| 4 | Boston-Cambridge-Newton, MA-NH | $103,400 | +35% above national |
| 5 | San Francisco-Oakland-Fremont, CA | $103,000 | +34% above national |
| 6 | Minneapolis-St. Paul-Bloomington, MN-WI | $102,200 | +33% above national |
| 7 | New York-Newark-Jersey City, NY-NJ | $101,570 | +32% above national |
| 8 | Des Moines-West Des Moines, IA | $101,190 | +32% above national |
| 9 | Lawrence, KS | $100,480 | +31% above national |
| 10 | Denver-Aurora-Centennial, CO | $100,130 | +31% above national |
| 11 | Wichita, KS | $99,170 | +29% above national |
| 12 | New Haven, CT | $98,930 | +29% above national |
| 13 | Iowa City, IA | $98,630 | +29% above national |
| 14 | Fort Collins-Loveland, CO | $98,450 | +28% above national |
| 15 | Rochester, MN | $98,110 | +28% above national |
| 16 | Washington-Arlington-Alexandria, DC-VA-MD-WV | $97,800 | +28% above national |
| 17 | Lincoln, NE | $97,770 | +27% above national |
| 18 | Corvallis, OR | $97,340 | +27% above national |
| 19 | Lewiston-Auburn, ME | $96,990 | +26% above national |
| 20 | Southeast Iowa nonmetropolitan area | $96,870 | +26% above national |
| 21 | Amherst Town-Northampton, MA | $96,540 | +26% above national |
| 22 | Norwich-New London-Willimantic, CT | $96,500 | +26% above national |
| 23 | Northern Vermont nonmetropolitan area | $96,450 | +26% above national |
| 24 | Portland-Vancouver-Hillsboro, OR-WA | $96,100 | +25% above national |
| 25 | Barnstable Town, MA | $96,080 | +25% above national |
| 26 | Salinas, CA | $95,640 | +25% above national |
| 27 | Waterbury-Shelton, CT | $95,530 | +25% above national |
| 28 | Topeka, KS | $95,330 | +24% above national |
| 29 | San Jose-Sunnyvale-Santa Clara, CA | $95,090 | +24% above national |
| 30 | Elmira, NY | $95,050 | +24% above national |
| 31 | Jonesboro, AR | $94,960 | +24% above national |
| 32 | Pittsfield, MA | $94,920 | +24% above national |
| 33 | Mankato, MN | $94,850 | +24% above national |
| 34 | Eastern Oregon nonmetropolitan area | $94,830 | +24% above national |
| 35 | Grants Pass, OR | $94,220 | +23% above national |
| 36 | Worcester, MA | $94,220 | +23% above national |
| 37 | Fargo, ND-MN | $93,640 | +22% above national |
| 38 | Salem, OR | $93,410 | +22% above national |
| 39 | Grand Forks, ND-MN | $92,820 | +21% above national |
| 40 | St. Cloud, MN | $92,570 | +21% above national |
| 41 | Southwest Iowa nonmetropolitan area | $92,160 | +20% above national |
| 42 | Medford, OR | $90,850 | +18% above national |
| 43 | Northeast Nebraska nonmetropolitan area | $90,570 | +18% above national |
| 44 | Trenton-Princeton, NJ | $90,430 | +18% above national |
| 45 | Albany, OR | $90,030 | +17% above national |
| 46 | Springfield, MA | $89,480 | +17% above national |
| 47 | Central Oregon nonmetropolitan area | $88,560 | +15% above national |
| 48 | Manhattan, KS | $87,730 | +14% above national |
| 49 | Pueblo, CO | $87,110 | +14% above national |
| 50 | Santa Maria-Santa Barbara, CA | $86,200 | +12% above national |
| 51 | Cedar Rapids, IA | $85,990 | +12% above national |
| 52 | Blacksburg-Christiansburg-Radford, VA | $85,610 | +12% above national |
| 53 | Connecticut nonmetropolitan area | $84,990 | +11% above national |
| 54 | Portland-South Portland, ME | $84,620 | +10% above national |
| 55 | Ames, IA | $84,470 | +10% above national |
| 56 | Eastern and Southern Colorado nonmetropolitan area | $84,380 | +10% above national |
| 57 | Atlantic City-Hammonton, NJ | $84,260 | +10% above national |
| 58 | Fayetteville-Springdale-Rogers, AR | $84,200 | +10% above national |
| 59 | Northwest Minnesota nonmetropolitan area | $84,070 | +10% above national |
| 60 | Mount Vernon-Anacortes, WA | $84,060 | +10% above national |
| 61 | West North Dakota nonmetropolitan area | $84,030 | +10% above national |
| 62 | Hot Springs, AR | $83,990 | +10% above national |
| 63 | Glens Falls, NY | $83,810 | +9% above national |
| 64 | Seattle-Tacoma-Bellevue, WA | $83,720 | +9% above national |
| 65 | Milwaukee-Waukesha, WI | $83,660 | +9% above national |
| 66 | Coast Oregon nonmetropolitan area | $83,430 | +9% above national |
| 67 | Bismarck, ND | $83,380 | +9% above national |
| 68 | Hartford-West Hartford-East Hartford, CT | $83,160 | +8% above national |
| 69 | Vallejo, CA | $83,110 | +8% above national |
| 70 | Alaska nonmetropolitan area | $82,890 | +8% above national |
| 71 | Walla Walla, WA | $82,730 | +8% above national |
| 72 | San Luis Obispo-Paso Robles, CA | $82,470 | +8% above national |
| 73 | Racine-Mount Pleasant, WI | $82,400 | +7% above national |
| 74 | Wilmington, NC | $82,340 | +7% above national |
| 75 | Kansas City, MO-KS | $82,330 | +7% above national |
| 76 | Rochester, NY | $82,280 | +7% above national |
| 77 | Modesto, CA | $82,250 | +7% above national |
| 78 | Wenatchee-East Wenatchee, WA | $82,170 | +7% above national |
| 79 | Columbus, OH | $82,160 | +7% above national |
| 80 | East North Dakota nonmetropolitan area | $81,920 | +7% above national |
| 81 | Columbia, MO | $81,850 | +7% above national |
| 82 | Watertown-Fort Drum, NY | $81,850 | +7% above national |
| 83 | Sioux City, IA-NE-SD | $81,780 | +7% above national |
| 84 | San Diego-Chula Vista-Carlsbad, CA | $81,770 | +7% above national |
| 85 | Northeast Maine nonmetropolitan area | $81,740 | +7% above national |
| 86 | Western Wyoming nonmetropolitan area | $81,740 | +7% above national |
| 87 | Bend, OR | $81,720 | +7% above national |
| 88 | Southwest Colorado nonmetropolitan area | $81,680 | +7% above national |
| 89 | Southern Vermont nonmetropolitan area | $81,640 | +6% above national |
| 90 | Sioux Falls, SD-MN | $81,380 | +6% above national |
| 91 | Northeast Iowa nonmetropolitan area | $81,040 | +6% above national |
| 92 | Eastern Wyoming nonmetropolitan area | $80,980 | +6% above national |
| 93 | Sussex Delaware nonmetropolitan area | $80,960 | +6% above national |
| 94 | Burlington-South Burlington, VT | $80,770 | +5% above national |
| 95 | Eugene-Springfield, OR | $80,720 | +5% above national |
| 96 | Kansas nonmetropolitan area | $80,650 | +5% above national |
| 97 | South Arkansas nonmetropolitan area | $80,610 | +5% above national |
| 98 | Southwest Maine nonmetropolitan area | $80,410 | +5% above national |
| 99 | Santa Rosa-Petaluma, CA | $80,370 | +5% above national |
| 100 | Los Angeles-Long Beach-Anaheim, CA | $80,360 | +5% above national |
| 101 | Omaha, NE-IA | $80,300 | +5% above national |
| 102 | Manchester-Nashua, NH | $80,260 | +5% above national |
| 103 | Pocatello, ID | $80,210 | +5% above national |
| 104 | West South Dakota nonmetropolitan area | $80,100 | +4% above national |
| 105 | Wausau, WI | $80,080 | +4% above national |
| 106 | Napa, CA | $80,070 | +4% above national |
| 107 | Chicago-Naperville-Elgin, IL-IN | $80,040 | +4% above national |
| 108 | West Central Illinois nonmetropolitan area | $79,820 | +4% above national |
| 109 | Western Washington nonmetropolitan area | $79,820 | +4% above national |
| 110 | Stockton-Lodi, CA | $79,810 | +4% above national |
| 111 | Northwest Colorado nonmetropolitan area | $79,780 | +4% above national |
| 112 | Colorado Springs, CO | $79,770 | +4% above national |
| 113 | Minot, ND | $79,720 | +4% above national |
| 114 | Albany-Schenectady-Troy, NY | $79,710 | +4% above national |
| 115 | Kiryas Joel-Poughkeepsie-Newburgh, NY | $79,670 | +4% above national |
| 116 | Greeley, CO | $79,660 | +4% above national |
| 117 | Appleton, WI | $79,650 | +4% above national |
| 118 | South Illinois nonmetropolitan area | $79,620 | +4% above national |
| 119 | Central New Hampshire nonmetropolitan area | $79,540 | +4% above national |
| 120 | East Central Illinois nonmetropolitan area | $79,430 | +4% above national |
| 121 | Coeur d'Alene, ID | $79,260 | +3% above national |
| 122 | Sacramento-Roseville-Folsom, CA | $79,190 | +3% above national |
| 123 | Fond du Lac, WI | $79,180 | +3% above national |
| 124 | Southeast Minnesota nonmetropolitan area | $79,140 | +3% above national |
| 125 | Tulsa, OK | $79,080 | +3% above national |
| 126 | South Nebraska nonmetropolitan area | $79,060 | +3% above national |
| 127 | Champaign-Urbana, IL | $78,950 | +3% above national |
| 128 | Longview-Kelso, WA | $78,940 | +3% above national |
| 129 | Merced, CA | $78,940 | +3% above national |
| 130 | Santa Cruz-Watsonville, CA | $78,940 | +3% above national |
| 131 | Green Bay, WI | $78,920 | +3% above national |
| 132 | Yakima, WA | $78,850 | +3% above national |
| 133 | Madison, WI | $78,840 | +3% above national |
| 134 | Sheboygan, WI | $78,820 | +3% above national |
| 135 | Flagstaff, AZ | $78,810 | +3% above national |
| 136 | Northwest Illinois nonmetropolitan area | $78,760 | +3% above national |
| 137 | Southeast Alabama nonmetropolitan area | $78,750 | +3% above national |
| 138 | Northwest Oklahoma nonmetropolitan area | $78,740 | +3% above national |
| 139 | Riverside-San Bernardino-Ontario, CA | $78,710 | +3% above national |
| 140 | East South Dakota nonmetropolitan area | $78,680 | +3% above national |
| 141 | Springfield, IL | $78,600 | +2% above national |
| 142 | Syracuse, NY | $78,580 | +2% above national |
| 143 | Vineland, NJ | $78,540 | +2% above national |
| 144 | Providence-Warwick, RI-MA | $78,500 | +2% above national |
| 145 | Rapid City, SD | $78,470 | +2% above national |
| 146 | Homosassa Springs, FL | $78,410 | +2% above national |
| 147 | El Centro, CA | $78,350 | +2% above national |
| 148 | Bozeman, MT | $78,270 | +2% above national |
| 149 | Boulder, CO | $78,250 | +2% above national |
| 150 | Charlotte-Concord-Gastonia, NC-SC | $78,200 | +2% above national |
| 151 | South Central Wisconsin nonmetropolitan area | $78,170 | +2% above national |
| 152 | Southwest Minnesota nonmetropolitan area | $78,090 | +2% above national |
| 153 | Fresno, CA | $78,060 | +2% above national |
| 154 | East Arkansas nonmetropolitan area | $77,970 | +2% above national |
| 155 | Kenosha, WI | $77,860 | +2% above national |
| 156 | Ann Arbor, MI | $77,820 | +1% above national |
| 157 | Yuba City, CA | $77,770 | +1% above national |
| 158 | Cleveland, OH | $77,730 | +1% above national |
| 159 | Bellingham, WA | $77,670 | +1% above national |
| 160 | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $77,590 | +1% above national |
| 161 | Raleigh-Cary, NC | $77,330 | +1% above national |
| 162 | Northwest Iowa nonmetropolitan area | $77,230 | +1% above national |
| 163 | Spokane-Spokane Valley, WA | $77,220 | +1% above national |
| 164 | North Missouri nonmetropolitan area | $76,980 | same as national |
| 165 | Huntsville, AL | $76,970 | same as national |
| 166 | Janesville-Beloit, WI | $76,910 | same as national |
| 167 | Central Indiana nonmetropolitan area | $76,860 | same as national |
| 168 | Redding, CA | $76,790 | same as national |
| 169 | Eastern Ohio nonmetropolitan area | $76,790 | same as national |
| 170 | North Coast Region of California nonmetropolitan area | $76,590 | same as national |
| 171 | Bakersfield-Delano, CA | $76,500 | same as national |
| 172 | Brunswick-St. Simons, GA | $76,460 | same as national |
| 173 | Cape Girardeau, MO-IL | $76,400 | same as national |
| 174 | Casper, WY | $76,400 | same as national |
| 175 | Deltona-Daytona Beach-Ormond Beach, FL | $76,400 | same as national |
| 176 | La Crosse-Onalaska, WI-MN | $76,370 | same as national |
| 177 | Atlanta-Sandy Springs-Roswell, GA | $76,340 | same as national |
| 178 | Northeast Minnesota nonmetropolitan area | $76,330 | same as national |
| 179 | Naples-Marco Island, FL | $76,300 | 1% below national |
| 180 | Detroit-Warren-Dearborn, MI | $76,260 | 1% below national |
| 181 | Buffalo-Cheektowaga, NY | $76,170 | 1% below national |
| 182 | Dubuque, IA | $76,170 | 1% below national |
| 183 | Asheville, NC | $76,070 | 1% below national |
| 184 | Springfield, MO | $76,040 | 1% below national |
| 185 | Southeast-Central Idaho nonmetropolitan area | $76,000 | 1% below national |
| 186 | Lafayette-West Lafayette, IN | $75,980 | 1% below national |
| 187 | Rockford, IL | $75,880 | 1% below national |
| 188 | Bangor, ME | $75,860 | 1% below national |
| 189 | Visalia, CA | $75,770 | 1% below national |
| 190 | Western Wisconsin nonmetropolitan area | $75,700 | 1% below national |
| 191 | Northwestern Wisconsin nonmetropolitan area | $75,570 | 1% below national |
| 192 | Southwestern New Hampshire nonmetropolitan area | $75,490 | 2% below national |
| 193 | Northeast Oklahoma nonmetropolitan area | $75,470 | 2% below national |
| 194 | Lakeland-Winter Haven, FL | $75,400 | 2% below national |
| 195 | Davenport-Moline-Rock Island, IA-IL | $75,380 | 2% below national |
| 196 | Cincinnati, OH-KY-IN | $75,300 | 2% below national |
| 197 | Decatur, IL | $75,190 | 2% below national |
| 198 | Eastern New Mexico nonmetropolitan area | $75,150 | 2% below national |
| 199 | Ithaca, NY | $75,060 | 2% below national |
| 200 | Bremerton-Silverdale-Port Orchard, WA | $75,010 | 2% below national |
| 201 | Sandusky, OH | $74,960 | 2% below national |
| 202 | Terre Haute, IN | $74,890 | 2% below national |
| 203 | Northeastern Wisconsin nonmetropolitan area | $74,880 | 2% below national |
| 204 | Indianapolis-Carmel-Greenwood, IN | $74,790 | 2% below national |
| 205 | Eau Claire, WI | $74,670 | 3% below national |
| 206 | Northwest Alabama nonmetropolitan area | $74,670 | 3% below national |
| 207 | Eastern Washington nonmetropolitan area | $74,670 | 3% below national |
| 208 | Peoria, IL | $74,530 | 3% below national |
| 209 | St. Louis, MO-IL | $74,510 | 3% below national |
| 210 | Lancaster, PA | $74,450 | 3% below national |
| 211 | Scranton--Wilkes-Barre, PA | $74,430 | 3% below national |
| 212 | Toledo, OH | $74,400 | 3% below national |
| 213 | Lebanon, PA | $74,380 | 3% below national |
| 214 | Panama City-Panama City Beach, FL | $74,220 | 3% below national |
| 215 | Lewiston, ID-WA | $74,190 | 3% below national |
| 216 | Olympia-Lacey-Tumwater, WA | $74,130 | 3% below national |
| 217 | Mid Michigan nonmetropolitan area | $74,130 | 3% below national |
| 218 | Grand Junction, CO | $74,080 | 3% below national |
| 219 | Elkhart-Goshen, IN | $74,060 | 3% below national |
| 220 | Dallas-Fort Worth-Arlington, TX | $73,930 | 4% below national |
| 221 | Port St. Lucie, FL | $73,920 | 4% below national |
| 222 | Southern South Carolina nonmetropolitan area | $73,920 | 4% below national |
| 223 | West Montana nonmetropolitan area | $73,820 | 4% below national |
| 224 | Northwest Nebraska nonmetropolitan area | $73,820 | 4% below national |
| 225 | Pittsburgh, PA | $73,360 | 4% below national |
| 226 | West Northwestern Ohio nonmetropolitan area | $73,320 | 4% below national |
| 227 | Duluth, MN-WI | $73,240 | 4% below national |
| 228 | Slidell-Mandeville-Covington, LA | $73,070 | 5% below national |
| 229 | Winston-Salem, NC | $73,070 | 5% below national |
| 230 | Waterloo-Cedar Falls, IA | $72,990 | 5% below national |
| 231 | Lansing-East Lansing, MI | $72,890 | 5% below national |
| 232 | Mobile, AL | $72,860 | 5% below national |
| 233 | Southern Michigan nonmetropolitan area | $72,850 | 5% below national |
| 234 | Anchorage, AK | $72,800 | 5% below national |
| 235 | Cape Coral-Fort Myers, FL | $72,770 | 5% below national |
| 236 | Kennewick-Richland, WA | $72,690 | 5% below national |
| 237 | Missoula, MT | $72,550 | 5% below national |
| 238 | Kalamazoo-Portage, MI | $72,330 | 6% below national |
| 239 | Grand Island, NE | $72,310 | 6% below national |
| 240 | Tampa-St. Petersburg-Clearwater, FL | $72,220 | 6% below national |
| 241 | Southwest Louisiana nonmetropolitan area | $72,090 | 6% below national |
| 242 | Akron, OH | $72,080 | 6% below national |
| 243 | Midland, TX | $72,030 | 6% below national |
| 244 | Northeastern Pennsylvania nonmetropolitan area | $72,010 | 6% below national |
| 245 | Punta Gorda, FL | $71,920 | 6% below national |
| 246 | Auburn-Opelika, AL | $71,860 | 6% below national |
| 247 | Southwest Oklahoma nonmetropolitan area | $71,850 | 6% below national |
| 248 | Southwest Virginia nonmetropolitan area | $71,850 | 6% below national |
| 249 | Grand Rapids-Wyoming-Kentwood, MI | $71,760 | 6% below national |
| 250 | Southern Indiana nonmetropolitan area | $71,570 | 7% below national |
| 251 | Miami-Fort Lauderdale-West Palm Beach, FL | $71,510 | 7% below national |
| 252 | Palm Bay-Melbourne-Titusville, FL | $71,450 | 7% below national |
| 253 | Bowling Green, KY | $71,020 | 7% below national |
| 254 | Eastern Region of Texas nonmetropolitan area | $70,980 | 7% below national |
| 255 | Victoria, TX | $70,790 | 8% below national |
| 256 | Joplin, MO-KS | $70,170 | 9% below national |
| 257 | Southwest New York nonmetropolitan area | $69,910 | 9% below national |
| 258 | Sherman-Denison, TX | $69,900 | 9% below national |
| 259 | Decatur, AL | $69,800 | 9% below national |
| 260 | Coastal Plains Region of Texas nonmetropolitan area | $69,790 | 9% below national |
| 261 | Richmond, VA | $69,610 | 9% below national |
| 262 | Fayetteville, NC | $69,410 | 9% below national |
| 263 | Northern New Hampshire nonmetropolitan area | $69,250 | 10% below national |
| 264 | Southeast Missouri nonmetropolitan area | $69,240 | 10% below national |
| 265 | North Central Tennessee nonmetropolitan area | $69,240 | 10% below national |
| 266 | Northern Indiana nonmetropolitan area | $69,220 | 10% below national |
| 267 | Northern Michigan nonmetropolitan area | $69,180 | 10% below national |
| 268 | Urban Honolulu, HI | $69,150 | 10% below national |
| 269 | Central Pennsylvania nonmetropolitan area | $69,140 | 10% below national |
| 270 | Johnstown, PA | $68,820 | 10% below national |
| 271 | Gainesville, FL | $68,810 | 10% below national |
| 272 | Binghamton, NY | $68,680 | 10% below national |
| 273 | Capital/Northern New York nonmetropolitan area | $68,600 | 11% below national |
| 274 | North Region of Texas nonmetropolitan area | $68,550 | 11% below national |
| 275 | Baltimore-Columbia-Towson, MD | $68,470 | 11% below national |
| 276 | Hill Country Region of Texas nonmetropolitan area | $68,400 | 11% below national |
| 277 | Southwest Montana nonmetropolitan area | $68,250 | 11% below national |
| 278 | East-Central Montana nonmetropolitan area | $68,250 | 11% below national |
| 279 | Waco, TX | $68,210 | 11% below national |
| 280 | Chico, CA | $68,170 | 11% below national |
| 281 | Central East New York nonmetropolitan area | $68,000 | 11% below national |
| 282 | Houston-Pasadena-The Woodlands, TX | $67,560 | 12% below national |
| 283 | Orlando-Kissimmee-Sanford, FL | $67,460 | 12% below national |
| 284 | Morgantown, WV | $67,440 | 12% below national |
| 285 | Goldsboro, NC | $67,370 | 12% below national |
| 286 | West Kentucky nonmetropolitan area | $67,200 | 12% below national |
| 287 | Bloomington, IL | $67,140 | 12% below national |
| 288 | College Station-Bryan, TX | $67,060 | 13% below national |
| 289 | Midland, MI | $66,880 | 13% below national |
| 290 | San Antonio-New Braunfels, TX | $66,810 | 13% below national |
| 291 | North Georgia nonmetropolitan area | $66,770 | 13% below national |
| 292 | Birmingham, AL | $66,740 | 13% below national |
| 293 | North Arkansas nonmetropolitan area | $66,670 | 13% below national |
| 294 | Longview, TX | $66,620 | 13% below national |
| 295 | Harrisburg-Carlisle, PA | $66,500 | 13% below national |
| 296 | Allentown-Bethlehem-Easton, PA-NJ | $66,480 | 13% below national |
| 297 | Oklahoma City, OK | $66,480 | 13% below national |
| 298 | Boise City, ID | $66,450 | 13% below national |
| 299 | Ocala, FL | $66,310 | 14% below national |
| 300 | Sebastian-Vero Beach-West Vero Corridor, FL | $66,300 | 14% below national |
| 301 | Daphne-Fairhope-Foley, AL | $66,250 | 14% below national |
| 302 | Dothan, AL | $66,230 | 14% below national |
| 303 | North Valley-Northern Mountains Region of California nonmetropolitan area | $66,150 | 14% below national |
| 304 | Dayton-Kettering-Beavercreek, OH | $66,070 | 14% below national |
| 305 | Pinehurst-Southern Pines, NC | $66,060 | 14% below national |
| 306 | Northwestern Region of Texas nonmetropolitan area | $66,030 | 14% below national |
| 307 | Kingston, NY | $65,870 | 14% below national |
| 308 | Northern New Mexico nonmetropolitan area | $65,870 | 14% below national |
| 309 | Charleston-North Charleston, SC | $65,580 | 14% below national |
| 310 | Las Vegas-Henderson-North Las Vegas, NV | $65,550 | 15% below national |
| 311 | North Florida nonmetropolitan area | $65,490 | 15% below national |
| 312 | East Kentucky nonmetropolitan area | $65,480 | 15% below national |
| 313 | Upper Peninsula of Michigan nonmetropolitan area | $65,360 | 15% below national |
| 314 | Central Louisiana nonmetropolitan area | $65,240 | 15% below national |
| 315 | Myrtle Beach-Conway-North Myrtle Beach, SC | $65,170 | 15% below national |
| 316 | Flint, MI | $65,050 | 15% below national |
| 317 | Pensacola-Ferry Pass-Brent, FL | $65,030 | 15% below national |
| 318 | Harrisonburg, VA | $65,010 | 15% below national |
| 319 | Fairbanks-College, AK | $64,990 | 15% below national |
| 320 | Jacksonville, FL | $64,960 | 15% below national |
| 321 | Northeast Louisiana nonmetropolitan area | $64,940 | 15% below national |
| 322 | Athens-Clarke County, GA | $64,780 | 16% below national |
| 323 | Helena, MT | $64,740 | 16% below national |
| 324 | Roanoke, VA | $64,720 | 16% below national |
| 325 | South Georgia nonmetropolitan area | $64,670 | 16% below national |
| 326 | Columbia, SC | $64,660 | 16% below national |
| 327 | East Georgia nonmetropolitan area | $64,650 | 16% below national |
| 328 | Northwest Virginia nonmetropolitan area | $64,570 | 16% below national |
| 329 | North Northeastern Ohio nonmetropolitan area (noncontiguous) | $64,490 | 16% below national |
| 330 | Oxnard-Thousand Oaks-Ventura, CA | $64,470 | 16% below national |
| 331 | Louisville/Jefferson County, KY-IN | $64,460 | 16% below national |
| 332 | Jefferson City, MO | $64,430 | 16% below national |
| 333 | Lexington Park, MD | $64,390 | 16% below national |
| 334 | Niles, MI | $64,250 | 16% below national |
| 335 | Laredo, TX | $64,170 | 16% below national |
| 336 | Durham-Chapel Hill, NC | $64,130 | 16% below national |
| 337 | Elizabethtown, KY | $64,090 | 16% below national |
| 338 | Tuscaloosa, AL | $64,080 | 16% below national |
| 339 | Virginia Beach-Chesapeake-Norfolk, VA-NC | $64,080 | 16% below national |
| 340 | Border Region of Texas nonmetropolitan area | $64,080 | 16% below national |
| 341 | Wasatch Front Fringe Utah nonmetropolitan area | $64,080 | 16% below national |
| 342 | Cheyenne, WY | $64,050 | 16% below national |
| 343 | Rocky Mount, NC | $64,040 | 16% below national |
| 344 | Brownsville-Harlingen, TX | $64,000 | 17% below national |
| 345 | Florence-Muscle Shoals, AL | $63,870 | 17% below national |
| 346 | Knoxville, TN | $63,830 | 17% below national |
| 347 | Traverse City, MI | $63,820 | 17% below national |
| 348 | Southern Ohio nonmetropolitan area | $63,810 | 17% below national |
| 349 | Lexington-Fayette, KY | $63,760 | 17% below national |
| 350 | South Central Tennessee nonmetropolitan area | $63,730 | 17% below national |
| 351 | Southeast Oklahoma nonmetropolitan area | $63,690 | 17% below national |
| 352 | South Central Kentucky nonmetropolitan area | $63,610 | 17% below national |
| 353 | Oshkosh-Neenah, WI | $63,600 | 17% below national |
| 354 | Johnson City, TN | $63,590 | 17% below national |
| 355 | Evansville, IN | $63,560 | 17% below national |
| 356 | Lubbock, TX | $63,520 | 17% below national |
| 357 | Montgomery, AL | $63,510 | 17% below national |
| 358 | Great Falls, MT | $63,460 | 17% below national |
| 359 | Muncie, IN | $63,460 | 17% below national |
| 360 | Southwest Missouri nonmetropolitan area | $63,440 | 17% below national |
| 361 | Hickory-Lenoir-Morganton, NC | $63,420 | 17% below national |
| 362 | Northwestern South Carolina nonmetropolitan area | $63,420 | 17% below national |
| 363 | Staunton-Stuarts Draft, VA | $63,390 | 17% below national |
| 364 | Greenville, NC | $63,340 | 17% below national |
| 365 | Fort Wayne, IN | $63,320 | 17% below national |
| 366 | Winchester, VA-WV | $63,320 | 17% below national |
| 367 | Warner Robins, GA | $63,270 | 17% below national |
| 368 | Memphis, TN-MS-AR | $63,250 | 18% below national |
| 369 | South Bend-Mishawaka, IN-MI | $63,130 | 18% below national |
| 370 | Balance of Nevada nonmetropolitan area | $63,130 | 18% below national |
| 371 | St. Joseph, MO-KS | $63,080 | 18% below national |
| 372 | Eastern North Carolina nonmetropolitan area | $63,020 | 18% below national |
| 373 | Crestview-Fort Walton Beach-Destin, FL | $62,890 | 18% below national |
| 374 | Springfield, OH | $62,860 | 18% below national |
| 375 | Valdosta, GA | $62,850 | 18% below national |
| 376 | Nashville-Davidson--Murfreesboro--Franklin, TN | $62,800 | 18% below national |
| 377 | Chambersburg, PA | $62,770 | 18% below national |
| 378 | Saginaw, MI | $62,740 | 18% below national |
| 379 | Bloomington, IN | $62,720 | 18% below national |
| 380 | Little Rock-North Little Rock-Conway, AR | $62,720 | 18% below national |
| 381 | Rome, GA | $62,660 | 18% below national |
| 382 | Northeast Alabama nonmetropolitan area | $62,650 | 18% below national |
| 383 | Reading, PA | $62,630 | 18% below national |
| 384 | Kankakee, IL | $62,570 | 18% below national |
| 385 | Houma-Bayou Cane-Thibodaux, LA | $62,530 | 18% below national |
| 386 | Chattanooga, TN-GA | $62,460 | 19% below national |
| 387 | Lima, OH | $62,430 | 19% below national |
| 388 | Albuquerque, NM | $62,250 | 19% below national |
| 389 | New Orleans-Metairie, LA | $62,240 | 19% below national |
| 390 | North Port-Bradenton-Sarasota, FL | $62,210 | 19% below national |
| 391 | Muskegon-Norton Shores, MI | $62,190 | 19% below national |
| 392 | Reno, NV | $62,180 | 19% below national |
| 393 | Northwestern Idaho nonmetropolitan area | $62,180 | 19% below national |
| 394 | Central Kentucky nonmetropolitan area | $62,180 | 19% below national |
| 395 | Altoona, PA | $62,150 | 19% below national |
| 396 | Hagerstown-Martinsburg, MD-WV | $62,060 | 19% below national |
| 397 | York-Hanover, PA | $62,030 | 19% below national |
| 398 | Greenville-Anderson-Greer, SC | $61,990 | 19% below national |
| 399 | Hilton Head Island-Bluffton-Port Royal, SC | $61,920 | 19% below national |
| 400 | Utica-Rome, NY | $61,910 | 19% below national |
| 401 | Phoenix-Mesa-Chandler, AZ | $61,850 | 19% below national |
| 402 | Anniston-Oxford, AL | $61,740 | 19% below national |
| 403 | Central Missouri nonmetropolitan area | $61,690 | 20% below national |
| 404 | South Florida nonmetropolitan area | $61,640 | 20% below national |
| 405 | Jackson, TN | $61,500 | 20% below national |
| 406 | McAllen-Edinburg-Mission, TX | $61,500 | 20% below national |
| 407 | Southwest Alabama nonmetropolitan area | $61,490 | 20% below national |
| 408 | Spartanburg, SC | $61,430 | 20% below national |
| 409 | Hawaii / Kauai nonmetropolitan area | $61,380 | 20% below national |
| 410 | Central North Carolina nonmetropolitan area | $61,360 | 20% below national |
| 411 | Billings, MT | $61,350 | 20% below national |
| 412 | Dalton, GA | $61,310 | 20% below national |
| 413 | Tallahassee, FL | $61,270 | 20% below national |
| 414 | East Tennessee nonmetropolitan area | $61,260 | 20% below national |
| 415 | Northeast Virginia nonmetropolitan area | $61,200 | 20% below national |
| 416 | Hammond, LA | $61,180 | 20% below national |
| 417 | Amarillo, TX | $61,160 | 20% below national |
| 418 | Salt Lake City-Murray, UT | $61,150 | 20% below national |
| 419 | Jackson, MS | $61,110 | 20% below national |
| 420 | Las Cruces, NM | $61,110 | 20% below national |
| 421 | Yuma, AZ | $61,110 | 20% below national |
| 422 | West Delta Mississippi nonmetropolitan area | $61,110 | 20% below national |
| 423 | Fort Smith, AR-OK | $61,050 | 20% below national |
| 424 | Lower East Mississippi nonmetropolitan area | $60,900 | 21% below national |
| 425 | San Angelo, TX | $60,860 | 21% below national |
| 426 | West Tennessee nonmetropolitan area | $60,820 | 21% below national |
| 427 | Kokomo, IN | $60,780 | 21% below national |
| 428 | Killeen-Temple, TX | $60,750 | 21% below national |
| 429 | Mansfield, OH | $60,750 | 21% below national |
| 430 | Salisbury, MD | $60,700 | 21% below national |
| 431 | Florence, SC | $60,670 | 21% below national |
| 432 | Southwestern Pennsylvania nonmetropolitan area | $60,670 | 21% below national |
| 433 | Twin Falls, ID | $60,640 | 21% below national |
| 434 | Charlottesville, VA | $60,610 | 21% below national |
| 435 | Williamsport, PA | $60,600 | 21% below national |
| 436 | Jackson, MI | $60,540 | 21% below national |
| 437 | Youngstown-Warren, OH | $60,530 | 21% below national |
| 438 | Beaumont-Port Arthur, TX | $60,440 | 21% below national |
| 439 | Middle Georgia nonmetropolitan area | $60,350 | 21% below national |
| 440 | Clarksville, TN-KY | $60,270 | 21% below national |
| 441 | Kingsport-Bristol, TN-VA | $60,250 | 21% below national |
| 442 | West Arkansas nonmetropolitan area | $60,180 | 22% below national |
| 443 | Alexandria, LA | $60,150 | 22% below national |
| 444 | Western North Carolina nonmetropolitan area | $60,150 | 22% below national |
| 445 | Paducah, KY-IL | $60,080 | 22% below national |
| 446 | Savannah, GA | $59,980 | 22% below national |
| 447 | Macon-Bibb County, GA | $59,940 | 22% below national |
| 448 | Prescott Valley-Prescott, AZ | $59,860 | 22% below national |
| 449 | Michigan City-La Porte, IN | $59,700 | 22% below national |
| 450 | Augusta-Richmond County, GA-SC | $59,660 | 22% below national |
| 451 | Battle Creek, MI | $59,640 | 22% below national |
| 452 | Lawton, OK | $59,640 | 22% below national |
| 453 | Upper East Mississippi nonmetropolitan area | $59,620 | 22% below national |
| 454 | High Desert Utah nonmetropolitan area | $59,550 | 22% below national |
| 455 | State College, PA | $59,540 | 22% below national |
| 456 | Logan, UT-ID | $59,490 | 22% below national |
| 457 | Austin-Round Rock-San Marcos, TX | $59,210 | 23% below national |
| 458 | Parkersburg-Vienna, WV | $59,180 | 23% below national |
| 459 | Monroe, LA | $59,150 | 23% below national |
| 460 | Baton Rouge, LA | $59,080 | 23% below national |
| 461 | Wheeling, WV-OH | $59,060 | 23% below national |
| 462 | Wildwood-The Villages, FL | $59,050 | 23% below national |
| 463 | Columbus, IN | $59,040 | 23% below national |
| 464 | Idaho Falls, ID | $59,040 | 23% below national |
| 465 | Lafayette, LA | $58,960 | 23% below national |
| 466 | El Paso, TX | $58,910 | 23% below national |
| 467 | Northeastern South Carolina nonmetropolitan area | $58,900 | 23% below national |
| 468 | Maryland nonmetropolitan area | $58,810 | 23% below national |
| 469 | Farmington, NM | $58,740 | 23% below national |
| 470 | Owensboro, KY | $58,730 | 23% below national |
| 471 | Lower West Mississippi nonmetropolitan area | $58,700 | 23% below national |
| 472 | Hattiesburg, MS | $58,560 | 24% below national |
| 473 | Lynchburg, VA | $58,550 | 24% below national |
| 474 | Dover, DE | $58,540 | 24% below national |
| 475 | Tucson, AZ | $58,440 | 24% below national |
| 476 | Greensboro-High Point, NC | $58,400 | 24% below national |
| 477 | Charleston, WV | $58,390 | 24% below national |
| 478 | Texarkana, TX-AR | $58,350 | 24% below national |
| 479 | Wichita Falls, TX | $58,240 | 24% below national |
| 480 | Kahului-Wailuku, HI | $58,140 | 24% below national |
| 481 | Arizona nonmetropolitan area | $57,970 | 24% below national |
| 482 | Jacksonville, NC | $57,920 | 24% below national |
| 483 | Canton-Massillon, OH | $57,720 | 25% below national |
| 484 | Cleveland, TN | $57,010 | 26% below national |
| 485 | Huntington-Ashland, WV-KY-OH | $57,000 | 26% below national |
| 486 | Gulfport-Biloxi, MS | $56,640 | 26% below national |
| 487 | Provo-Orem-Lehi, UT | $56,570 | 26% below national |
| 488 | Lake Charles, LA | $56,550 | 26% below national |
| 489 | Monroe, MI | $56,450 | 26% below national |
| 490 | Albany, GA | $55,550 | 28% below national |
| 491 | Corpus Christi, TX | $55,530 | 28% below national |
| 492 | Abilene, TX | $55,230 | 28% below national |
| 493 | Lake Havasu City-Kingman, AZ | $55,180 | 28% below national |
| 494 | Southside Virginia nonmetropolitan area | $54,770 | 29% below national |
| 495 | Erie, PA | $54,530 | 29% below national |
| 496 | Gadsden, AL | $54,360 | 29% below national |
| 497 | Santa Fe, NM | $52,960 | 31% below national |
| 498 | Shreveport-Bossier City, LA | $52,730 | 31% below national |
| 499 | Burlington, NC | $52,590 | 31% below national |
| 500 | Weirton-Steubenville, WV-OH | $52,380 | 32% below national |
| 501 | Northern West Virginia nonmetropolitan area | $52,180 | 32% below national |
| 502 | Tyler, TX | $51,870 | 32% below national |
| 503 | St. George, UT | $51,760 | 33% below national |
| 504 | Northwestern Pennsylvania nonmetropolitan area | $50,860 | 34% below national |
| 505 | Carson City, NV | $50,690 | 34% below national |
| 506 | Ogden, UT | $50,410 | 34% below national |
| 507 | Columbus, GA-AL | $50,010 | 35% below national |
| 508 | Southern West Virginia nonmetropolitan area | $49,830 | 35% below national |
| 509 | Beckley, WV | $49,680 | 35% below national |
| 510 | Gainesville, GA | $47,610 | 38% below national |
| 511 | Morristown, TN | $47,130 | 39% below national |
| 512 | Mayaguez, PR | $35,890 | 53% below national |
| 513 | San Juan-Bayamon-Caguas, PR | $35,850 | 53% below national |
| 514 | Arecibo, PR | $34,900 | 54% below national |
| 515 | Aguadilla, PR | $32,930 | 57% below national |
| 516 | Puerto Rico nonmetropolitan area | $32,640 | 57% below national |
| 517 | Ponce, PR | $32,070 | 58% below national |
Similar Occupations in the Same Category
Other roles in SOC major group 13 (business and financial operations) with comparable pay and career paths.
Frequently Asked Questions
How much does a Loan Officers make? ▼
The median annual salary for Loan Officers is $76,690 ($36.87/hour). The salary range spans from $39,430 at the 10th percentile to $153,180 at the 90th percentile.
What state pays Loan Officers the most? ▼
Massachusetts pays the highest median salary for Loan Officers at $101,600/year, which is +32% above the national median.
What education do you need to become a Loan Officers? ▼
The typical entry-level education for Loan Officers is Bachelor's degree. Less than 5 years of related work experience is also typically required. On-the-job training: Moderate-term on-the-job training.
How dangerous is being a Loan Officers? ▼
Loan Officers has a safety grade of A (Very Safe) based on BLS data. The fatality rate is 0.3 per 100,000 workers and the injury rate is 0.3 per 100 workers.
Is Loan Officers a good career? ▼
Employment for Loan Officers is projected to grow 1.7% from 2024 to 2034, which is slower than average. About 20,300 openings are projected each year.
How does Loan Officers pay vary by state? ▼
Loan Officers salaries vary significantly by state. The highest-paying state is Massachusetts at $101,600/year, while Utah pays the least at $59,440/year. BLS data covers 54 states and territories.
Which metro areas pay the most for Loan Officers? ▼
The highest-paying metro area for Loan Officers is Massachusetts nonmetropolitan area at $134,980/year. BLS reports wage data for 517 metro areas for this occupation, with pay varying based on local demand and cost of living.
What to do with this data
How to use Loan Officers pay figures in a real decision
- For an experienced offer, anchor on the 75th percentile (about $104,080/year), not the median. The median marks the middle worker; the upper quartile is the realistic target with strong experience. Salary calculator
- Location moves pay significantly: Massachusetts leads at $101,600/year for this role. Weigh state pay against local cost of living before relocating or negotiating remote. Pay by state
- Compare this occupation against similar roles before you decide, so you are reading the pay band in context rather than in isolation. Compare jobs
These are BLS survey estimates for the occupation, not a salary offer or a prediction for any individual. Your pay depends on experience, employer, exact role, and location.
Every figure on WageDex is rendered directly from U.S. Bureau of Labor Statistics wage data, no number is typed in by an editor. This occupation's figures are computed directly from the BLS OEWS and Employment Projections datasets, nothing is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of May 2025.
This page is for informational purposes only and does not constitute financial or career advice. Actual pay for a specific role, employer, or offer may differ from these national/state figures, consult a qualified career counselor, recruiter, or financial advisor before making decisions based on this data.