Loan Officers Salary by City

Top 15 cities for loan officers by average salary

Elmira, NY	$129,370
New York, NY	$121,180
Boston, MA	$120,300
San Francisco, CA	$116,480
Norwich, CT	$116,460
Bridgeport, CT	$115,770
Lawrence, KS	$114,920
Amherst, MA	$114,280
Santa Maria, CA	$112,610
Pittsfield, MA	$112,060
Rochester, NY	$111,610
Minneapolis, MN	$110,870
Barnstable, MA	$110,380
San Jose, CA	$110,240
Enid, OK	$110,150

Average annual wage, BLS OEWS May 2025.

Map: Loan Officers salary by metro area

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Map data © OpenStreetMap contributors.

Loan Officers salary by state

Massachusetts pays loan officers the most statewide, $118,390 a year on average. Statewide columns cover every employer in the state; city columns cover the metro areas we publish.

State	Statewide average	Statewide median	Jobs	Metros	Highest city average	Lowest city average
Massachusetts	$118,390	$101,600	4,470	6	$120,300	$104,070
New York	$114,670	$95,710	10,840	13	$129,370	$80,160
Minnesota	$104,700	$95,170	6,430	5	$110,870	$83,980
New Jersey	$102,890	$92,920	6,200	3	$100,880	$91,160
Connecticut	$101,710	$95,730	2,220	5	$116,460	$92,350
Vermont	$101,600	$88,710	350	1	$101,690	$101,690
Oregon	$101,000	$94,440	4,220	8	$104,370	$93,400
Washington, D.C.	$100,150	$92,890	370	1	$105,520	$105,520
Kansas	$98,160	$86,970	3,540	4	$114,920	$98,310
Colorado	$97,840	$94,520	3,230	7	$103,790	$83,430
California	$97,120	$81,770	25,790	24	$116,480	$76,040
New Hampshire	$97,080	$80,660	1,120	1	$100,880	$100,880
Washington	$94,320	$80,120	6,040	11	$99,260	$85,090
Iowa	$93,090	$83,670	2,840	8	$101,800	$78,240
Delaware	$92,000	$83,130	1,420	1	$72,200	$72,200
North Dakota	$91,760	$84,650	1,370	4	$96,200	$88,950
Idaho	$90,160	$71,070	2,030	6	$102,400	$78,190
Virginia	$90,090	$78,320	8,790	9	$84,360	$65,710
Nebraska	$89,530	$79,840	2,710	3	$96,470	$77,100
Illinois	$89,350	$79,150	10,890	8	$91,650	$76,310
Wisconsin	$89,090	$78,290	4,940	13	$97,710	$78,990
Maine	$88,830	$81,900	1,060	3	$95,560	$81,640
Wyoming	$87,930	$79,620	740	2	$85,300	$77,260
Nevada	$87,850	$64,500	2,580	3	$91,110	$67,200
Oklahoma	$86,020	$72,990	4,100	4	$110,150	$71,810
South Dakota	$85,970	$79,920	1,820	2	$90,800	$82,890
Arkansas	$85,120	$70,260	2,610	5	$105,820	$78,960
Georgia	$84,980	$68,490	9,540	13	$94,940	$66,220
Maryland	$84,190	$73,580	3,850	4	$84,780	$73,730
North Carolina	$84,160	$75,920	10,700	15	$103,370	$55,280
Michigan	$83,990	$74,470	11,340	14	$89,060	$62,190
Ohio	$83,960	$76,370	9,880	12	$97,570	$65,770
Alabama	$83,410	$66,710	5,050	12	$88,910	$68,480
Rhode Island	$82,690	$77,250	1,290	1	$86,280	$86,280
Missouri	$82,180	$73,660	7,050	8	$92,870	$72,170
Hawaii	$81,330	$63,740	980	2	$84,270	$72,120
Florida	$81,320	$71,090	18,830	21	$100,650	$65,410
Pennsylvania	$80,450	$69,300	8,140	15	$86,920	$68,180
Texas	$79,410	$66,370	21,200	24	$92,270	$64,070
Indiana	$78,980	$72,960	4,790	12	$86,640	$68,920
South Carolina	$77,890	$63,220	4,140	7	$86,880	$71,390
Montana	$77,390	$71,570	1,180	5	$87,490	$69,430
Arizona	$77,060	$62,160	10,020	6	$86,690	$66,160
New Mexico	$75,410	$62,610	1,140	4	$73,830	$65,530
Kentucky	$74,870	$62,090	3,940	6	$81,070	$65,470
Mississippi	$73,480	$60,260	3,450	3	$74,670	$67,660
Utah	$73,370	$59,440	3,990	5	$75,960	$67,180
Alaska	$73,300	$72,800	490	2	$72,500	$66,700
Louisiana	$73,240	$61,110	2,810	10	$84,560	$64,870
Tennessee	$71,590	$62,800	6,510	10	$75,860	$55,740
West Virginia	$66,780	$57,580	1,290	7	$75,670	$61,780
Puerto Rico	$41,490	$35,730	2,360	5	$42,220	$36,050

Loan Officers salary in every city we cover

Sort by any column. Each city links to its pay range, take-home pay and cost of living.

Metro area	Average	Median	Hourly	Jobs
Elmira, NY	$129,370	$95,050	$62.20	40
New York, NY	$121,180	$101,570	$58.26	10,350
Boston, MA	$120,300	$103,400	$57.84	3,420
San Francisco, CA	$116,480	$103,000	$56.00	3,330
Norwich, CT	$116,460	$96,500	$55.99	70
Bridgeport, CT	$115,770	$103,850	$55.66	560
Lawrence, KS	$114,920	$100,480	$55.25	80
Amherst, MA	$114,280	$96,540	$54.94	90
Santa Maria, CA	$112,610	$86,200	$54.14	180
Pittsfield, MA	$112,060	$94,920	$53.88	80
Rochester, NY	$111,610	$82,280	$53.66	470
Minneapolis, MN	$110,870	$102,200	$53.30	3,910
Barnstable, MA	$110,380	$96,080	$53.07	110
San Jose, CA	$110,240	$95,090	$53.00	1,140
Enid, OK	$110,150	$104,990	$52.96	40
Napa, CA	$108,320	$80,070	$52.08	60
Worcester, MA	$108,220	$94,220	$52.03	320
New Haven, CT	$107,780	$98,930	$51.82	230
Modesto, CA	$106,380	$82,250	$51.14	190
Topeka, KS	$106,150	$95,330	$51.03	200
Jonesboro, AR	$105,820	$94,960	$50.88	80
Glens Falls, NY	$105,660	$83,810	$50.80	40
Washington, DC	$105,520	$97,800	$50.73	5,000
Rochester, MN	$104,910	$98,110	$50.44	170
Kiryas Joel, NY	$104,720	$79,670	$50.35	260
Grants Pass, OR	$104,370	$94,220	$50.18	50
Springfield, MA	$104,070	$89,480	$50.03	150
Salinas, CA	$103,980	$95,640	$49.99	140
Wichita, KS	$103,920	$99,170	$49.96	700
Denver, CO	$103,790	$100,130	$49.90	1,970
Vallejo, CA	$103,580	$83,110	$49.80	170
Stockton, CA	$103,440	$79,810	$49.73	210
Wilmington, NC	$103,370	$82,340	$49.70	520
Pocatello, ID	$102,400	$80,210	$49.23	250
Salem, OR	$102,260	$93,410	$49.16	320
San Luis Obispo, CA	$101,810	$82,470	$48.95	100
Des Moines, IA	$101,800	$101,190	$48.94	650
Burlington, VT	$101,690	$80,770	$48.89	160
Mankato, MN	$101,670	$94,850	$48.88	130
Medford, OR	$101,590	$90,850	$48.84	130
Waterbury, CT	$101,320	$95,530	$48.71	130
Trenton, NJ	$100,880	$90,430	$48.50	330
Manchester, NH	$100,880	$80,260	$48.50	250
Corvallis, OR	$100,700	$97,340	$48.42	70
Homosassa Springs, FL	$100,650	$78,410	$48.39	30
Portland, OR	$100,600	$96,100	$48.37	2,840
Fayetteville, AR	$100,490	$84,200	$48.31	500
Seattle, WA	$99,260	$83,720	$47.72	3,110
St. Cloud, MN	$98,860	$92,570	$47.53	300
Iowa City, IA	$98,600	$98,630	$47.41	120
Albany, OR	$98,480	$90,030	$47.35	60
Manhattan, KS	$98,310	$87,730	$47.27	130
Watertown, NY	$98,240	$81,850	$47.23	60
Redding, CA	$97,870	$76,790	$47.05	80
Milwaukee, WI	$97,710	$83,660	$46.98	1,180
Dayton, OH	$97,570	$66,070	$46.91	440
Tulsa, OK	$97,390	$79,080	$46.82	960
Albany, NY	$97,270	$79,710	$46.77	560
San Diego, CA	$96,890	$81,770	$46.58	2,360
Lincoln, NE	$96,470	$97,770	$46.38	420
El Centro, CA	$96,300	$78,350	$46.30	60
Fargo, ND	$96,200	$93,640	$46.25	390
Syracuse, NY	$96,130	$78,580	$46.21	300
Ames, IA	$96,090	$84,470	$46.20	70
Riverside, CA	$95,700	$78,710	$46.01	1,500
Lewiston, ME	$95,560	$96,990	$45.94	100
Mount Vernon, WA	$95,220	$84,060	$45.78	80
Grand Forks, ND	$95,050	$92,820	$45.70	100
Brunswick, GA	$94,940	$76,460	$45.64	80
Omaha, NE	$94,810	$80,300	$45.58	910
Eugene, OR	$94,690	$80,720	$45.53	360
Los Angeles, CA	$94,540	$80,360	$45.45	9,690
Fort Collins, CO	$94,400	$98,450	$45.39	160
Santa Rosa, CA	$93,840	$80,370	$45.11	290
Bend, OR	$93,400	$81,720	$44.91	220
Yakima, WA	$93,310	$78,850	$44.86	100
Sacramento, CA	$93,070	$79,190	$44.75	1,580
Boise, ID	$93,070	$66,450	$44.74	810
Deltona, FL	$93,000	$76,400	$44.71	280
Racine, WI	$92,970	$82,400	$44.70	130
Kansas City, MO	$92,870	$82,330	$44.65	2,180
Coeur d'Alene, ID	$92,840	$79,260	$44.64	190
Atlantic City, NJ	$92,600	$84,260	$44.52	90
Wenatchee, WA	$92,360	$82,170	$44.40	90
Buffalo, NY	$92,350	$76,170	$44.40	900
Hartford, CT	$92,350	$83,160	$44.40	920
Victoria, TX	$92,270	$70,790	$44.36	60
College Station, TX	$92,150	$67,060	$44.30	120
Chicago, IL	$91,650	$80,040	$44.06	7,380
Fresno, CA	$91,550	$78,060	$44.02	470
Sioux City, IA	$91,340	$81,780	$43.92	140
Portland, ME	$91,310	$84,620	$43.90	430
Binghamton, NY	$91,200	$68,680	$43.85	80
Appleton, WI	$91,170	$79,650	$43.83	180
Vineland, NJ	$91,160	$78,540	$43.83	50
Las Vegas, NV	$91,110	$65,550	$43.80	1,920
Yuba City, CA	$91,030	$77,770	$43.77	80
Atlanta, GA	$90,990	$76,340	$43.74	5,550
Madison, WI	$90,840	$78,840	$43.67	650
Ithaca, NY	$90,820	$75,060	$43.66	60
Naples, FL	$90,810	$76,300	$43.66	210
Sioux Falls, SD	$90,800	$81,380	$43.66	690
Cedar Rapids, IA	$90,770	$85,990	$43.64	190
Springfield, IL	$90,720	$78,600	$43.61	190
Fond du Lac, WI	$90,590	$79,180	$43.55	90
Bremerton, WA	$90,570	$75,010	$43.54	140
Green Bay, WI	$90,540	$78,920	$43.53	240
Bismarck, ND	$90,020	$83,380	$43.28	220
Charlotte, NC	$89,980	$78,200	$43.26	4,080
Bakersfield, CA	$89,890	$76,500	$43.22	290
Sherman, TX	$89,410	$69,900	$42.98	50
Wausau, WI	$89,350	$80,080	$42.96	130
Champaign, IL	$89,240	$78,950	$42.91	210
Columbus, OH	$89,080	$82,160	$42.83	2,410
Kalamazoo, MI	$89,060	$72,330	$42.82	140
Minot, ND	$88,950	$79,720	$42.77	100
Auburn, AL	$88,910	$71,860	$42.74	130
Decatur, AL	$88,700	$69,800	$42.64	120
Spokane, WA	$88,620	$77,220	$42.61	680
Punta Gorda, FL	$88,320	$71,920	$42.46	60
Fort Myers, FL	$88,290	$72,770	$42.45	400
Peoria, IL	$88,140	$74,530	$42.38	270
Lansing, MI	$88,080	$72,890	$42.35	420
Pueblo, CO	$88,050	$87,110	$42.33	40
Greeley, CO	$87,840	$79,660	$42.23	80
Janesville, WI	$87,750	$76,910	$42.19	100
Sheboygan, WI	$87,680	$78,820	$42.15	50
Huntsville, AL	$87,610	$76,970	$42.12	320
Walla Walla, WA	$87,530	$82,730	$42.08	60
Bozeman, MT	$87,490	$78,270	$42.06	110
Hot Springs, AR	$87,370	$83,990	$42.01	70
Midland, TX	$87,100	$72,030	$41.88	80
Chico, CA	$87,030	$68,170	$41.84	80
St. Louis, MO	$86,970	$74,510	$41.81	2,690
Bellingham, WA	$86,930	$77,670	$41.79	210
Philadelphia, PA	$86,920	$77,590	$41.79	4,660
Tuscaloosa, AL	$86,920	$64,080	$41.79	250
Charleston, SC	$86,880	$65,580	$41.77	700
Kenosha, WI	$86,880	$77,860	$41.77	60
Kennewick, WA	$86,690	$72,690	$41.68	230
Flagstaff, AZ	$86,690	$78,810	$41.68	60
Lafayette, IN	$86,640	$75,980	$41.65	110
Springfield, MO	$86,580	$76,040	$41.62	480
Santa Cruz, CA	$86,360	$78,940	$41.52	70
Providence, RI	$86,280	$78,500	$41.48	1,460
Detroit, MI	$85,940	$76,260	$41.32	7,200
Raleigh, NC	$85,830	$77,330	$41.27	1,560
Colorado Springs, CO	$85,710	$79,770	$41.21	380
Eau Claire, WI	$85,670	$74,670	$41.19	130
Birmingham, AL	$85,420	$66,740	$41.07	1,730
Lewiston, ID	$85,330	$74,190	$41.03	60
Longview, WA	$85,320	$78,940	$41.02	90
Casper, WY	$85,300	$76,400	$41.01	100
Olympia, WA	$85,090	$74,130	$40.91	200
Boulder, CO	$85,090	$78,250	$40.91	90
Ocala, FL	$84,930	$66,310	$40.83	120
Houston, TX	$84,830	$67,560	$40.78	3,410
Lexington Park, MD	$84,780	$64,390	$40.76	70
Montgomery, AL	$84,760	$63,510	$40.75	380
Lancaster, PA	$84,620	$74,450	$40.68	280
Cleveland, OH	$84,600	$77,730	$40.67	1,920
Slidell, LA	$84,560	$73,070	$40.66	150
Merced, CA	$84,490	$78,940	$40.62	90
Blacksburg, VA	$84,360	$85,610	$40.56	90
Houma, LA	$84,360	$62,530	$40.56	110
Honolulu, HI	$84,270	$69,150	$40.51	740
Cincinnati, OH	$84,260	$75,300	$40.51	2,060
Lakeland, FL	$84,180	$75,400	$40.47	490
Port St. Lucie, FL	$84,040	$73,920	$40.40	180
Duluth, MN	$83,980	$73,240	$40.37	200
Pinehurst, NC	$83,820	$66,060	$40.30	50
Dubuque, IA	$83,810	$76,170	$40.29	110
Warner Robins, GA	$83,760	$63,270	$40.27	130
Waco, TX	$83,600	$68,210	$40.19	120
Oklahoma City, OK	$83,570	$66,480	$40.18	1,460
Miami, FL	$83,450	$71,510	$40.12	4,190
Grand Junction, CO	$83,430	$74,080	$40.11	60
La Crosse, WI	$83,240	$76,370	$40.02	170
Visalia, CA	$83,160	$75,770	$39.98	140
Rockford, IL	$83,070	$75,880	$39.94	90
Dothan, AL	$83,070	$66,230	$39.94	150
Rapid City, SD	$82,890	$78,470	$39.85	220
Allentown, PA	$82,690	$66,480	$39.76	290
Kingston, NY	$82,640	$65,870	$39.73	80
Grand Rapids, MI	$82,320	$71,760	$39.58	790
Goldsboro, NC	$82,180	$67,370	$39.51	60
Davenport, IA	$82,160	$75,380	$39.50	350
Brownsville, TX	$82,070	$64,000	$39.46	100
Mobile, AL	$82,050	$72,860	$39.45	260
Ann Arbor, MI	$81,990	$77,820	$39.42	320
Lubbock, TX	$81,930	$63,520	$39.39	280
Columbia, MO	$81,810	$81,850	$39.33	450
Scranton, PA	$81,740	$74,430	$39.30	300
Panama City, FL	$81,700	$74,220	$39.28	130
Bangor, ME	$81,640	$75,860	$39.25	120
Florence, AL	$81,550	$63,870	$39.21	150
Cape Girardeau, MO	$81,280	$76,400	$39.08	70
Asheville, NC	$81,260	$76,070	$39.07	190
Elkhart, IN	$81,210	$74,060	$39.04	110
Lexington, KY	$81,070	$63,760	$38.98	420
Sarasota, FL	$80,950	$62,210	$38.92	430
Pittsburgh, PA	$80,930	$73,360	$38.91	1,440
Jacksonville, FL	$80,850	$64,960	$38.87	2,140
Columbia, SC	$80,850	$64,660	$38.87	570
Hickory, NC	$80,750	$63,420	$38.82	130
Gainesville, FL	$80,640	$68,810	$38.77	140
Tampa, FL	$80,390	$72,220	$38.65	3,850
Daphne, AL	$80,320	$66,250	$38.61	180
Missoula, MT	$80,220	$72,550	$38.57	190
Utica, NY	$80,160	$61,910	$38.54	170
Dallas, TX	$80,100	$73,930	$38.51	8,370
Winston-Salem, NC	$80,040	$73,070	$38.48	300
Indianapolis, IN	$80,020	$74,790	$38.47	1,690
Reno, NV	$79,990	$62,180	$38.46	380
Reading, PA	$79,820	$62,630	$38.38	180
Idaho Falls, ID	$79,730	$59,040	$38.33	180
York, PA	$79,720	$62,030	$38.33	130
Baltimore, MD	$79,620	$68,470	$38.28	1,810
Orlando, FL	$79,580	$67,460	$38.26	2,260
Tyler, TX	$79,560	$51,870	$38.25	130
Rome, GA	$79,490	$62,660	$38.22	80
Dalton, GA	$79,320	$61,310	$38.13	50
Bowling Green, KY	$79,080	$71,020	$38.02	170
Fort Smith, AR	$79,050	$61,050	$38.00	180
Oshkosh, WI	$78,990	$63,600	$37.98	280
Little Rock, AR	$78,960	$62,720	$37.96	660
Richmond, VA	$78,940	$69,610	$37.95	1,480
Myrtle Beach, SC	$78,920	$65,170	$37.94	240
Kankakee, IL	$78,760	$62,570	$37.87	80
Longview, TX	$78,620	$66,620	$37.80	180
Joplin, MO	$78,600	$70,170	$37.79	140
San Antonio, TX	$78,390	$66,810	$37.69	1,510
Waterloo, IA	$78,240	$72,990	$37.62	190
Winchester, VA	$78,220	$63,320	$37.61	280
Twin Falls, ID	$78,190	$60,640	$37.59	120
Evansville, IN	$78,110	$63,560	$37.55	240
Harrisburg, PA	$78,090	$66,500	$37.54	450
Hagerstown, MD	$78,000	$62,060	$37.50	120
New Orleans, LA	$77,830	$62,240	$37.42	470
Savannah, GA	$77,830	$59,980	$37.42	230
Laredo, TX	$77,750	$64,170	$37.38	50
Sandusky, OH	$77,720	$74,960	$37.37	60
Decatur, IL	$77,650	$75,190	$37.33	90
Louisville, KY	$77,620	$64,460	$37.32	1,120
Palm Bay, FL	$77,520	$71,450	$37.27	220
Virginia Beach, VA	$77,520	$64,080	$37.27	1,260
Harrisonburg, VA	$77,500	$65,010	$37.26	100
Lebanon, PA	$77,460	$74,380	$37.24	50
Cheyenne, WY	$77,260	$64,050	$37.15	170
Prescott Valley, AZ	$77,240	$59,860	$37.13	70
Grand Island, NE	$77,100	$72,310	$37.07	130
McAllen, TX	$76,900	$61,500	$36.97	250
Fayetteville, NC	$76,640	$69,410	$36.85	150
Springfield, OH	$76,600	$62,860	$36.83	30
St. Joseph, MO	$76,560	$63,080	$36.81	80
Phoenix, AZ	$76,460	$61,850	$36.76	8,350
Bloomington, IN	$76,420	$62,720	$36.74	90
Great Falls, MT	$76,420	$63,460	$36.74	70
Macon, GA	$76,420	$59,940	$36.74	130
Lima, OH	$76,400	$62,430	$36.73	70
Bloomington, IL	$76,310	$67,140	$36.69	160
Sebastian, FL	$76,060	$66,300	$36.57	110
Florence, SC	$76,060	$60,670	$36.57	130
Oxnard, CA	$76,040	$64,470	$36.56	1,010
Muskegon, MI	$75,980	$62,190	$36.53	60
Salt Lake City, UT	$75,960	$61,150	$36.52	n/a
Wildwood, FL	$75,920	$59,050	$36.50	50
Anniston, AL	$75,880	$61,740	$36.48	100
Memphis, TN	$75,860	$63,250	$36.47	930
Greenville, SC	$75,690	$61,990	$36.39	790
Morgantown, WV	$75,670	$67,440	$36.38	90
Helena, MT	$75,520	$64,740	$36.31	140
Paducah, KY	$75,490	$60,080	$36.29	90
Tucson, AZ	$75,490	$58,440	$36.29	500
Niles, MI	$75,470	$64,250	$36.29	130
Akron, OH	$75,340	$72,080	$36.22	270
Durham, NC	$75,160	$64,130	$36.14	360
Austin, TX	$75,140	$59,210	$36.13	1,890
Yuma, AZ	$75,000	$61,110	$36.06	80
Traverse City, MI	$74,970	$63,820	$36.04	130
Logan, UT	$74,960	$59,490	$36.04	90
Muncie, IN	$74,930	$63,460	$36.02	150
Crestview, FL	$74,840	$62,890	$35.98	270
Johnstown, PA	$74,840	$68,820	$35.98	70
Jackson, MI	$74,700	$60,540	$35.91	110
Jackson, MS	$74,670	$61,110	$35.90	810
Valdosta, GA	$74,590	$62,850	$35.86	110
Elizabethtown, KY	$74,370	$64,090	$35.75	130
Roanoke, VA	$74,350	$64,720	$35.75	320
Terre Haute, IN	$74,350	$74,890	$35.75	70
Chambersburg, PA	$74,230	$62,770	$35.69	80
Johnson City, TN	$74,210	$63,590	$35.68	190
Toledo, OH	$74,080	$74,400	$35.62	320
Greenville, NC	$73,960	$63,340	$35.56	80
Albuquerque, NM	$73,830	$62,250	$35.50	630
Salisbury, MD	$73,730	$60,700	$35.45	50
Athens, GA	$73,690	$64,780	$35.43	140
Flint, MI	$73,450	$65,050	$35.31	230
San Angelo, TX	$73,270	$60,860	$35.22	50
Nashville, TN	$73,240	$62,800	$35.21	1,770
Hilton Head Island, SC	$73,130	$61,920	$35.16	130
State College, PA	$72,790	$59,540	$35.00	50
Pensacola, FL	$72,770	$65,030	$34.99	790
Fort Wayne, IN	$72,560	$63,320	$34.88	410
Augusta, GA	$72,530	$59,660	$34.87	270
Anchorage, AK	$72,500	$72,800	$34.86	370
Kokomo, IN	$72,490	$60,780	$34.85	60
Gainesville, GA	$72,420	$47,610	$34.82	170
Knoxville, TN	$72,220	$63,830	$34.72	930
Dover, DE	$72,200	$58,540	$34.71	160
Jefferson City, MO	$72,170	$64,430	$34.70	270
Kahului, HI	$72,120	$58,140	$34.67	60
Columbus, GA	$71,880	$50,010	$34.56	170
Lawton, OK	$71,810	$59,640	$34.52	110
Huntington, WV	$71,550	$57,000	$34.40	210
Michigan City, IN	$71,410	$59,700	$34.33	60
Spartanburg, SC	$71,390	$61,430	$34.32	140
Monroe, MI	$71,060	$56,450	$34.16	30
Saginaw, MI	$70,860	$62,740	$34.07	140
Midland, MI	$70,850	$66,880	$34.06	60
Chattanooga, TN	$70,670	$62,460	$33.98	480
Wichita Falls, TX	$70,630	$58,240	$33.96	70
Amarillo, TX	$70,560	$61,160	$33.93	160
Las Cruces, NM	$70,500	$61,110	$33.90	80
Hattiesburg, MS	$70,460	$58,560	$33.87	300
Youngstown, OH	$70,360	$60,530	$33.83	100
Killeen, TX	$70,330	$60,750	$33.81	170
Clarksville, TN	$70,330	$60,270	$33.81	210
South Bend, IN	$70,260	$63,130	$33.78	160
Lafayette, LA	$70,130	$58,960	$33.72	340
Rocky Mount, NC	$69,790	$64,040	$33.55	90
Greensboro, NC	$69,570	$58,400	$33.45	970
Altoona, PA	$69,480	$62,150	$33.40	90
Billings, MT	$69,430	$61,350	$33.38	210
Provo, UT	$69,390	$56,570	$33.36	700
St. George, UT	$69,180	$51,760	$33.26	130
Santa Fe, NM	$69,140	$52,960	$33.24	120
Jacksonville, NC	$69,060	$57,920	$33.20	80
Baton Rouge, LA	$69,040	$59,080	$33.19	570
Columbus, IN	$68,920	$59,040	$33.14	50
Hammond, LA	$68,830	$61,180	$33.09	80
Gadsden, AL	$68,480	$54,360	$32.92	100
Erie, PA	$68,440	$54,530	$32.91	130
Mansfield, OH	$68,400	$60,750	$32.88	50
Shreveport, LA	$68,290	$52,730	$32.83	220
Williamsport, PA	$68,180	$60,600	$32.78	70
Corpus Christi, TX	$68,010	$55,530	$32.70	250
Gulfport, MS	$67,660	$56,640	$32.53	400
Staunton, VA	$67,460	$63,390	$32.43	70
Lynchburg, VA	$67,250	$58,550	$32.33	140
Carson City, NV	$67,200	$50,690	$32.31	60
Ogden, UT	$67,180	$50,410	$32.30	480
Wheeling, WV	$66,920	$59,060	$32.18	110
Abilene, TX	$66,910	$55,230	$32.17	150
Texarkana, TX	$66,740	$58,350	$32.09	90
Fairbanks, AK	$66,700	$64,990	$32.07	50
Beaumont, TX	$66,270	$60,440	$31.86	200
Alexandria, LA	$66,260	$60,150	$31.86	110
Albany, GA	$66,220	$55,550	$31.84	110
Lake Havasu City, AZ	$66,160	$55,180	$31.81	90
Jackson, TN	$65,980	$61,500	$31.72	150
Canton, OH	$65,770	$57,720	$31.62	240
Charlottesville, VA	$65,710	$60,610	$31.59	480
Lake Charles, LA	$65,660	$56,550	$31.57	130
Farmington, NM	$65,530	$58,740	$31.51	40
Charleston, WV	$65,500	$58,390	$31.49	180
Owensboro, KY	$65,470	$58,730	$31.48	200
Tallahassee, FL	$65,410	$61,270	$31.45	290
Beckley, WV	$65,210	$49,680	$31.35	60
Monroe, LA	$64,870	$59,150	$31.19	190
El Paso, TX	$64,070	$58,910	$30.80	370
Parkersburg, WV	$63,520	$59,180	$30.54	80
Battle Creek, MI	$62,190	$59,640	$29.90	70
Kingsport, TN	$61,810	$60,250	$29.72	260
Weirton, WV	$61,780	$52,380	$29.70	50
Cleveland, TN	$60,100	$57,010	$28.89	90
Morristown, TN	$55,740	$47,130	$26.80	50
Burlington, NC	$55,280	$52,590	$26.58	160
San Juan, PR	$42,220	$35,850	$20.30	1,990
Mayaguez, PR	$40,400	$35,890	$19.42	70
Ponce, PR	$38,020	$32,070	$18.28	90
Arecibo, PR	$37,530	$34,900	$18.05	70
Aguadilla, PR	$36,050	$32,930	$17.33	70

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Loan Officers salary: questions

Where do loan officers make the most money?

In Elmira, NY, with an average of $129,370 a year, among the 383 metro areas we cover.

What is the average loan officers salary in the U.S.?

$87,790 a year nationwide (BLS OEWS national estimates, May 2025); the median is $76,690, so half of loan officers earn more than that and half less.

What salary should loan officers ask for?

Start from the figures for your city: the middle half of loan officers nationwide earn between $52,730 (25th percentile) and $104,080 (75th percentile). Newer workers usually start near the 25th percentile and experienced ones can ask for the 75th; each city page shows the local range. See how to read salary percentiles.

Which state pays loan officers the most?

Massachusetts, with a statewide average of $118,390 a year (BLS state estimates, May 2025).

Where is loan officers pay the lowest?

Aguadilla, PR, at $36,050 a year on average. Lower pay often comes with lower prices: check the cost of living on each city page.

Sources and how to read this page

Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072.
U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.

Read the full methodology. Spotted an error? Tell us.