Loan Officer Salary in Ohio
Median annual pay in Ohio
$76,370
$36.71/hour
BLS OEWS, May 2025
Adjusted for cost of living in Ohio
$82,318
Regional Price Parity: 92.774 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): −$320 (−0.4%)
Ohio ranks 25th of 51 states by median pay, and 20th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $38,200 | $18.36 |
| 25th percentile | $50,550 | $24.31 |
| Median | $76,370 | $36.71 |
| 75th percentile | $103,260 | $49.64 |
| 90th percentile | $131,980 | $63.45 |
Employment
- Employment in Ohio
- 9,880
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Comparison
Compared with the U.S.
- Median annual pay in Ohio
- $76,370
- Median annual pay in the U.S.
- $76,690
- Difference
- −$320 (−0.4%)
Cost of living
$76,370 ÷ 92.774 × 100 = $82,318
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Wisconsin | ||
| 23rd | $78,290 | $83,203 18th |
| Rhode Island | ||
| 24th | $77,250 | $75,528 30th |
| Ohio This page | ||
| 25th | $76,370 | $82,318 20th |
| North Carolina | ||
| 26th | $75,920 | $80,487 23rd |
| Michigan | ||
| 27th | $74,470 | $77,398 28th |
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 Indiana
$72,960/year Indiana
- Loan Officer salary in Kentucky
$62,090/year Kentucky
- Loan Officer salary in Michigan
$74,470/year Michigan
- Loan Officer salary in Pennsylvania
$69,300/year Pennsylvania
- 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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