SOC 13-2072 · May 2025 · BLS OEWS
Loan Officers — Toledo
Toledo, OH · 10 metro areas compared
The median wage for Loan Officers in Toledo, OH is $74,400 per year, close to the national median of $76,690 for the same occupation.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Loan Officers in Toledo, OH is $74,400 per year, close to the national median of $76,690 for the same occupation. Pay ranges from under $32,680 at the tenth percentile to more than $106,820 at the ninetieth, with the interquartile range running from $43,810 to $96,680.
The area has 320 jobs in this occupation, which works out to 1.1 of every thousand jobs. Columbus leads the state's metro areas for this occupation, at $82,160. Set against every other occupation measured in the same area, it ranks 143rd of 472 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $32,680 | −57.4% |
| 25th | $43,810 | −42.9% |
| Median (50th) | $74,400 | −3.0% |
| 75th | $96,680 | +26.1% |
| 90th | $106,820 | +39.3% |
| Mean | $74,080 | −3.4% |
Other metro areas in Ohio
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Columbus | $82,160 | 2,410 | |
| 2 | Cleveland | $77,730 | 1,920 | |
| 3 | Cincinnati | $75,300 | 2,060 | |
| 4 | Sandusky | $74,960 | 60 | |
| 5 | Akron | $72,080 | 270 | |
| 6 | Dayton | $66,070 | 440 | |
| 7 | Springfield | $62,860 | 30 | |
| 8 | Lima | $62,430 | 70 | |
| 9 | Mansfield | $60,750 | 50 | |
| 10 | Youngstown | $60,530 | 100 |
What the pay is worth locally
Prices in Toledo run 7.2% below the national average, so the median of $74,400 goes as far as $80,172 would elsewhere in the country. Measured that way it compares to the national median at 4.5% above the national median in real terms.
Published median
$74,400as reported by BLSLocal price level
92.8US average = 100 · BEA 2024Adjusted for local prices
$80,172US average = 100 · BEA 2024Key takeaways
- Median pay is $74,400 a year, 3.0% below the national median.
- Published pay spans $32,680 to $106,820 between the tenth and ninetieth percentiles.
- The area has 320 jobs in this occupation.
- The highest-paying metro area covered is Columbus, at $82,160.
Frequently asked questions
What is the median wage for Loan Officers in Toledo, OH?
The median annual wage is $74,400, or $35.77 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 Toledo, OH is 3.0% 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 Toledo, OH earns more than $106,820 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $32,680 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 Columbus, at $82,160 per year.
How many jobs are there in this occupation here?
The survey estimates 320 jobs in this occupation in Toledo, OH. 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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