Loan Officer Salary in Maryland
Median annual pay in Maryland
$73,580
$35.37/hour
BLS OEWS, May 2025
Adjusted for cost of living in Maryland
$70,104
Regional Price Parity: 104.959 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): −$3,110 (−4.1%)
Maryland ranks 29th of 51 states by median pay, and 38th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $37,470 | $18.02 |
| 25th percentile | $49,990 | $24.03 |
| Median | $73,580 | $35.37 |
| 75th percentile | $99,220 | $47.70 |
| 90th percentile | $159,860 | $76.86 |
Employment
- Employment in Maryland
- 3,850
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Comparison
Compared with the U.S.
- Median annual pay in Maryland
- $73,580
- Median annual pay in the U.S.
- $76,690
- Difference
- −$3,110 (−4.1%)
Cost of living
$73,580 ÷ 104.959 × 100 = $70,104
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Michigan | ||
| 27th | $74,470 | $77,398 28th |
| Missouri | ||
| 28th | $73,660 | $81,108 21st |
| Maryland This page | ||
| 29th | $73,580 | $70,104 38th |
| Oklahoma | ||
| 30th | $72,990 | $83,091 19th |
| Indiana | ||
| 31st | $72,960 | $78,175 25th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Credit Counselor salary in the U.S.
$52,230/year U.S.
- Credit Analyst salary in the U.S.
$83,510/year U.S.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Financial Manager salary in the U.S.
$166,570/year U.S.
- Brokerage Clerk salary in the U.S.
$65,750/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Loan Officer salary in nearby places
- Loan Officer salary in Delaware
$83,130/year Delaware
- Loan Officer salary in the District of Columbia
$92,890/year District of Columbia
- Loan Officer salary in Pennsylvania
$69,300/year Pennsylvania
- Loan Officer salary in Virginia
$78,320/year Virginia
- Loan Officer salary in West Virginia
$57,580/year West Virginia
- Loan Officer salary in the U.S.
$76,690/year U.S.
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.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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