Loan Officer Salary in the U.S.
Median annual pay in the U.S.
$76,690
$36.87/hour
BLS OEWS, May 2025
Wages: BLS OEWS, May 2025.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $39,430 | $18.96 |
| 25th percentile | $52,730 | $25.35 |
| Median | $76,690 | $36.87 |
| 75th percentile | $104,080 | $50.04 |
| 90th percentile | $153,180 | $73.65 |
Employment
- Employment in the U.S.
- 274,330
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Comparison
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Massachusetts | ||
| 1st | $101,600 | $96,069 3rd |
| Connecticut | ||
| 2nd | $95,730 | $92,395 6th |
| New York | ||
| 3rd | $95,710 | $88,685 11th |
| Minnesota | ||
| 4th | $95,170 | $96,501 2nd |
| Colorado | ||
| 5th | $94,520 | $91,721 7th |
| Oregon | ||
| 6th | $94,440 | $91,369 8th |
| New Jersey | ||
| 7th | $92,920 | $85,400 14th |
| District of Columbia | ||
| 8th | $92,890 | $84,522 15th |
| Vermont | ||
| 9th | $88,710 | $90,559 9th |
| Kansas | ||
| 10th | $86,970 | $96,560 1st |
| North Dakota | ||
| 11th | $84,650 | $95,156 5th |
| Iowa | ||
| 12th | $83,670 | $95,337 4th |
| Delaware | ||
| 13th | $83,130 | $83,290 17th |
| Maine | ||
| 14th | $81,900 | $84,389 16th |
| California | ||
| 15th | $81,770 | $73,853 34th |
| New Hampshire | ||
| 16th | $80,660 | $77,435 27th |
| Washington | ||
| 17th | $80,120 | $74,869 32nd |
| South Dakota | ||
| 18th | $79,920 | $90,217 10th |
| Nebraska | ||
| 19th | $79,840 | $88,610 12th |
| Wyoming | ||
| 20th | $79,620 | $85,898 13th |
| Illinois | ||
| 21st | $79,150 | $79,183 24th |
| Virginia | ||
| 22nd | $78,320 | $77,465 26th |
| Wisconsin | ||
| 23rd | $78,290 | $83,203 18th |
| Rhode Island | ||
| 24th | $77,250 | $75,528 30th |
| Ohio | ||
| 25th | $76,370 | $82,318 20th |
| North Carolina | ||
| 26th | $75,920 | $80,487 23rd |
| Michigan | ||
| 27th | $74,470 | $77,398 28th |
| Missouri | ||
| 28th | $73,660 | $81,108 21st |
| Maryland | ||
| 29th | $73,580 | $70,104 38th |
| Oklahoma | ||
| 30th | $72,990 | $83,091 19th |
| Indiana | ||
| 31st | $72,960 | $78,175 25th |
| Alaska | ||
| 32nd | $72,800 | $71,122 36th |
| Montana | ||
| 33rd | $71,570 | $75,619 29th |
| Florida | ||
| 34th | $71,090 | $68,743 42nd |
| Idaho | ||
| 35th | $71,070 | $74,424 33rd |
| Arkansas | ||
| 36th | $70,260 | $80,817 22nd |
| Pennsylvania | ||
| 37th | $69,300 | $71,024 37th |
| Georgia | ||
| 38th | $68,490 | $71,127 35th |
| Alabama | ||
| 39th | $66,710 | $75,104 31st |
| Texas | ||
| 40th | $66,370 | $68,382 43rd |
| Nevada | ||
| 41st | $64,500 | $64,514 47th |
| Hawaii | ||
| 42nd | $63,740 | $57,971 51st |
| South Carolina | ||
| 43rd | $63,220 | $67,435 46th |
| Tennessee | ||
| 44th | $62,800 | $68,357 44th |
| New Mexico | ||
| 45th | $62,610 | $67,898 45th |
| Arizona | ||
| 46th | $62,160 | $61,742 49th |
| Kentucky | ||
| 47th | $62,090 | $68,867 41st |
| Louisiana | ||
| 48th | $61,110 | $69,280 40th |
| Mississippi | ||
| 49th | $60,260 | $69,302 39th |
| Utah | ||
| 50th | $59,440 | $60,123 50th |
| West Virginia | ||
| 51st | $57,580 | $64,337 48th |
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Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS Employment Projections, 2025–35
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
Last updated