Loan Officers Salary — US State Breakdown (2025)
✓ Sourced directly from BLS OES · Checked for accuracy at every rebuild · Last updated: 2026-09-02
BLS OES May 2025 · SOC 13-2072As an Amazon Associate we earn from qualifying purchases. Links below are affiliate links.
US Salary Overview
The national median wage for loan officers in the United States is $76,690 per year (gross, before tax), based on BLS Occupational Employment and Wage Statistics (May 2025). Around 274,000 people are employed in this occupation nationally. UK data is not available for this occupation — the UK's SOC 2020 classification has no direct equivalent. Signing an offer? Employment contract templates at LawDepot cover offer letters, NDAs and employment agreements.
US Salary Percentiles
| Percentile | Annual (gross) | Notes |
|---|---|---|
| 10th | $39,430 | Entry level / lowest decile |
| 25th | $52,730 | Early career |
| 50th (median) | $76,690 | Typical pay |
| 75th | $104,080 | Experienced |
| 90th | $153,180 | Senior / highest decile |
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| State | Median salary | Mean salary | Employment |
|---|---|---|---|
| Massachusetts | $101,600 | $118,390 | 4,000 |
| Connecticut | $95,730 | $101,710 | 2,000 |
| New York | $95,710 | $114,670 | 11,000 |
| Minnesota | $95,170 | $104,700 | 6,000 |
| Colorado | $94,520 | $97,840 | 3,000 |
| Oregon | $94,440 | $101,000 | 4,000 |
| New Jersey | $92,920 | $102,890 | 6,000 |
| District of Columbia | $92,890 | $100,150 | 370 |
| Vermont | $88,710 | $101,600 | 350 |
| Kansas | $86,970 | $98,160 | 4,000 |
| North Dakota | $84,650 | $91,760 | 1,000 |
| Iowa | $83,670 | $93,090 | 3,000 |
| Delaware | $83,130 | $92,000 | 1,000 |
| Maine | $81,900 | $88,830 | 1,000 |
| California | $81,770 | $97,120 | 26,000 |
| New Hampshire | $80,660 | $97,080 | 1,000 |
| Washington | $80,120 | $94,320 | 6,000 |
| South Dakota | $79,920 | $85,970 | 2,000 |
| Nebraska | $79,840 | $89,530 | 3,000 |
| Wyoming | $79,620 | $87,930 | 740 |
| Illinois | $79,150 | $89,350 | 11,000 |
| Virginia | $78,320 | $90,090 | 9,000 |
| Wisconsin | $78,290 | $89,090 | 5,000 |
| Rhode Island | $77,250 | $82,690 | 1,000 |
| Ohio | $76,370 | $83,960 | 10,000 |
| North Carolina | $75,920 | $84,160 | 11,000 |
| Michigan | $74,470 | $83,990 | 11,000 |
| Missouri | $73,660 | $82,180 | 7,000 |
| Maryland | $73,580 | $84,190 | 4,000 |
| Oklahoma | $72,990 | $86,020 | 4,000 |
| Indiana | $72,960 | $78,980 | 5,000 |
| Alaska | $72,800 | $73,300 | 490 |
| Montana | $71,570 | $77,390 | 1,000 |
| Florida | $71,090 | $81,320 | 19,000 |
| Idaho | $71,070 | $90,160 | 2,000 |
| Arkansas | $70,260 | $85,120 | 3,000 |
| Pennsylvania | $69,300 | $80,450 | 8,000 |
| Georgia | $68,490 | $84,980 | 10,000 |
| Alabama | $66,710 | $83,410 | 5,000 |
| Texas | $66,370 | $79,410 | 21,000 |
| Nevada | $64,500 | $87,850 | 3,000 |
| Hawaii | $63,740 | $81,330 | 980 |
| South Carolina | $63,220 | $77,890 | 4,000 |
| Tennessee | $62,800 | $71,590 | 7,000 |
| New Mexico | $62,610 | $75,410 | 1,000 |
| Arizona | $62,160 | $77,060 | 10,000 |
| Kentucky | $62,090 | $74,870 | 4,000 |
| Louisiana | $61,110 | $73,240 | 3,000 |
| Mississippi | $60,260 | $73,480 | 3,000 |
| Utah | $59,440 | $73,370 | 4,000 |
| West Virginia | $57,580 | $66,780 | 1,000 |
| Guam | $45,180 | $52,800 | 60 |
| Virgin Islands | $44,780 | $54,550 | 50 |
| Puerto Rico | $35,730 | $41,490 | 2,000 |
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Frequently Asked Questions
What is the average salary for a loan officers in the US?
The US national median wage for loan officers is $76,690 per year (gross, before tax), based on BLS Occupational Employment and Wage Statistics (May 2025).
What is the pay range for loan officers in the US?
Pay ranges from $39,430 at the 10th percentile to $153,180 at the 90th percentile. This difference typically reflects experience level, employer size, and location.
Which US states pay loan officers the most?
The highest-paying states for loan officers include Massachusetts ($101,600), Connecticut ($95,730), New York ($95,710). Pay varies by state due to cost of living, local demand and industry concentration.
How much does loan officers salary vary by state?
The gap between the highest- and lowest-paying states is significant — Massachusetts ($101,600) pays roughly 184% more than Puerto Rico ($35,730). Check the state breakdown above for the exact figure in your location.
Data: BLS OES, May 2025 · Page built 2026-09-02