Loan Officer Salary in Tennessee
Median annual pay in Tennessee
$62,800
$30.19/hour
BLS OEWS, May 2025
Adjusted for cost of living in Tennessee
$68,357
Regional Price Parity: 91.870 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): −$13,890 (−18.1%)
Tennessee ranks 44th of 51 states by median pay, and 44th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $38,240 | $18.39 |
| 25th percentile | $47,250 | $22.72 |
| Median | $62,800 | $30.19 |
| 75th percentile | $81,600 | $39.23 |
| 90th percentile | $113,290 | $54.47 |
Employment
- Employment in Tennessee
- 6,510
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Comparison
Compared with the U.S.
- Median annual pay in Tennessee
- $62,800
- Median annual pay in the U.S.
- $76,690
- Difference
- −$13,890 (−18.1%)
Cost of living
$62,800 ÷ 91.870 × 100 = $68,357
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Hawaii | ||
| 42nd | $63,740 | $57,971 51st |
| South Carolina | ||
| 43rd | $63,220 | $67,435 46th |
| Tennessee This page | ||
| 44th | $62,800 | $68,357 44th |
| New Mexico | ||
| 45th | $62,610 | $67,898 45th |
| Arizona | ||
| 46th | $62,160 | $61,742 49th |
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 Alabama
$66,710/year Alabama
- Loan Officer salary in Arkansas
$70,260/year Arkansas
- Loan Officer salary in Georgia
$68,490/year Georgia
- Loan Officer salary in Kentucky
$62,090/year Kentucky
- Loan Officer salary in Mississippi
$60,260/year Mississippi
- Loan Officer salary in Missouri
$73,660/year Missouri
- Loan Officer salary in North Carolina
$75,920/year North Carolina
- Loan Officer salary in Virginia
$78,320/year 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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