Loan Officers in the Chattanooga Metro

BLS metro-level wage data places Loan Officers pay in Chattanooga, TN-GA at a median of $62,460 per year ($30.03/hr), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared with the national median of $76,690, the metro estimate is 19% below. OEWS reports the difference but does not identify its cause. Approximately 480 loan officers are employed across the Chattanooga MSA in SOC 13-2072.

The Chattanooga pay distribution spans from $37,580 at the 10th percentile to $113,290 at the 90th, a 3.0× observed spread. Differences in specialization, employer, sector, location, credentials, schedule, and experience may all contribute, but OEWS does not isolate their effects. The 25th percentile sits at $47,000 and the 75th at $81,750, so half of Chattanooga-based loan officers earn within that middle band.

Metro figures use establishment work location, not worker residence. BLS draws metro boundaries from the OMB MSA definitions, so Chattanooga, TN-GA covers the central city plus outlying counties tied to the metro economically. OEWS includes straight-time pay, tips, commissions, incentive pay, and production bonuses. It excludes employer health and retirement benefits, overtime premiums, stock compensation, signing bonuses, and other nonproduction bonuses. The same occupation's national profile, statewide TN estimate, and peer-metro rows provide distinct geographic comparisons. A published median is a benchmark, not a prediction or ceiling for one worker.