SOC 13-2072 · May 2025 · BLS OEWS
Loan Officers — Kentucky
Kentucky · 6 metro areas compared
The median wage for Loan Officers in Kentucky is $62,090 per year, 19.0% below the national median of $76,690.
Wage distribution · annual
Shaded band holds the middle 50% of earners
How pay has moved
The next ten years
Projected to grow more slowly than average
- Change in jobs, 2024 to 2034
- +1.7%
- Openings per year
- 20,300
- Typical entry-level education
- Bachelor's degree
- Related work experience
- Less than 5 years
- On-the-job training
- Moderate-term on-the-job training
Includes jobs opened by workers leaving the occupation, not only new positions.
Projections are published nationally only. This is the outlook for the occupation across the United States, not a measurement for Kentucky.
Projections are based on 2024 employment and run to 2034. The wages above are from the May 2025 survey, a separate BLS programme on a different release cycle, so the two are not two views of one dataset.
Salary overview
The median wage for Loan Officers in Kentucky is $62,090 per year, 19.0% below the national median of $76,690. Half of workers earn between $47,860 and $92,990. Beyond that band, the tenth percentile sits at $41,620 and the ninetieth at $124,520.
The area has 3,940 jobs in this occupation, which works out to 2.0 of every thousand jobs. Kentucky ranks number 47th out of 51 states by median pay for this occupation. Within the state, Bowling Green records the highest median at $71,020. Of the 699 occupations with published wages in this area, it sits 268th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $41,620 | −45.7% |
| 25th | $47,860 | −37.6% |
| Median (50th) | $62,090 | −19.0% |
| 75th | $92,990 | +21.3% |
| 90th | $124,520 | +62.4% |
| Mean | $74,870 | −2.4% |
Highest-paying metro areas in Kentucky
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Bowling Green | $71,020 | 170 | |
| 2 | Louisville/Jefferson County | $64,460 | 1,120 | |
| 3 | Elizabethtown | $64,090 | 130 | |
| 4 | Lexington | $63,760 | 420 | |
| 5 | Paducah | $60,080 | 90 | |
| 6 | Owensboro | $58,730 | 200 |
What the pay is worth locally
Prices in Kentucky run 9.8% below the national average, so the median of $62,090 goes as far as $68,836 would elsewhere in the country. Measured that way it compares to the national median at 10.2% below the national median in real terms.
Published median
$62,090as reported by BLSLocal price level
90.2US average = 100 · BEA 2024Adjusted for local prices
$68,836US average = 100 · BEA 2024Why the state that pays most is usually not where pay goes furthest
Key takeaways
- Median pay is $62,090 a year, 19.0% below the national median.
- Published pay spans $41,620 to $124,520 between the tenth and ninetieth percentiles.
- The area has 3,940 jobs in this occupation.
- It ranks 47th of 51 states for this occupation.
- The highest-paying metro area covered is Bowling Green, at $71,020.
Frequently asked questions
What is the median wage for Loan Officers in Kentucky?
The median annual wage is $62,090, or $29.85 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $76,690, so pay in Kentucky is 19.0% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Kentucky earns more than $124,520 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $41,620 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Bowling Green, at $71,020 per year.
How many jobs are there in this occupation here?
The survey estimates 3,940 jobs in this occupation in Kentucky. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. 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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