Loan Officers Salary in the United States
The median annual wage for loan officers in the U.S. is $76,690 ($36.87 per hour), according to the BLS Occupational Employment and Wage Statistics program, May 2025 estimates.
- Median annual wage
- $76,690
- Mean annual wage
- $87,790
- Median hourly wage
- $36.87
- Employment
- 274,330
274,330 employed
Wage percentiles
| Percentile | Annual wage | Hourly wage |
|---|---|---|
| 10th percentile | $39,430 | $18.96 |
| 25th percentile | $52,730 | $25.35 |
| Median (50th) | $76,690 | $36.87 |
| 75th percentile | $104,080 | $50.04 |
| 90th percentile | $153,180 | $73.65 |
Highest-paying states for loan officers
| State | Median annual wage | Employment |
|---|---|---|
| Massachusetts | $101,600 | 4,470 |
| Connecticut | $95,730 | 2,220 |
| New York | $95,710 | 10,840 |
| Minnesota | $95,170 | 6,430 |
| Colorado | $94,520 | 3,230 |
| Oregon | $94,440 | 4,220 |
| New Jersey | $92,920 | 6,200 |
| District of Columbia | $92,890 | 370 |
| Vermont | $88,710 | 350 |
| Kansas | $86,970 | 3,540 |
Lowest-paying states
- West Virginia: $57,580 median annual wage
- Utah: $59,440 median annual wage
- Mississippi: $60,260 median annual wage
- Louisiana: $61,110 median annual wage
- Kentucky: $62,090 median annual wage
Related occupations
- Accountants and Auditors$83,680
- Business Operations Specialists, All Other$83,050
- Project Management Specialists$102,320
- Human Resources Specialists$75,940
- Market Research Analysts and Marketing Specialists$78,760
- Management Analysts$101,860
- Buyers and Purchasing Agents$77,710
- Training and Development Specialists$69,280
About this data
- Occupational Employment and Wage Statistics — data period May 2025, retrieved August 13, 2026.
- Occupational Employment and Wage Statistics — data period May 2025, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.