SOC 13-2072 · May 2025 · United States
Loan Officers
National figures, with pay broken out by state and metro area
The median wage for Loan Officers across the United States is $76,690 per year, measured over 274,330 jobs. The highest state median is in Massachusetts, at $101,600.
National wage distribution · annual
Shaded band holds the middle 50% of earners
Where the pay is highest for Loan Officers
Pay for this occupation varies by 76.5% between the highest and lowest paying states with published data. Massachusetts pays $101,600 and West Virginia pays $57,580.
| # | State | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Massachusetts | $101,600 | 4,470 | |
| 2 | Connecticut | $95,730 | 2,220 | |
| 3 | New York | $95,710 | 10,840 | |
| 4 | Minnesota | $95,170 | 6,430 | |
| 5 | Colorado | $94,520 | 3,230 | |
| 6 | Oregon | $94,440 | 4,220 | |
| 7 | New Jersey | $92,920 | 6,200 | |
| 8 | District of Columbia | $92,890 | 370 | |
| 9 | Vermont | $88,710 | 350 | |
| 10 | Kansas | $86,970 | 3,540 |
States with the most Loan Officers jobs
| # | State | Jobs | Median | Relative |
|---|---|---|---|---|
| 1 | California | 25,790 | $81,770 | |
| 2 | Texas | 21,200 | $66,370 | |
| 3 | Florida | 18,830 | $71,090 | |
| 4 | Michigan | 11,340 | $74,470 | |
| 5 | Illinois | 10,890 | $79,150 | |
| 6 | New York | 10,840 | $95,710 | |
| 7 | North Carolina | 10,700 | $75,920 | |
| 8 | Arizona | 10,020 | $62,160 | |
| 9 | Ohio | 9,880 | $76,370 | |
| 10 | Georgia | 9,540 | $68,490 |
Top-paying metro areas
| # | Metro area | Median | Jobs |
|---|---|---|---|
| 1 | Enid | $104,990 | 40 |
| 2 | Bridgeport | $103,850 | 560 |
| 3 | Boston | $103,400 | 3,420 |
| 4 | San Francisco | $103,000 | 3,330 |
| 5 | Minneapolis | $102,200 | 3,910 |
| 6 | New York | $101,570 | 10,350 |
| 7 | Des Moines | $101,190 | 650 |
| 8 | Lawrence | $100,480 | 80 |
| 9 | Denver | $100,130 | 1,970 |
| 10 | Wichita | $99,170 | 700 |
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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