Loan Officers Salary — US State Breakdown (2025)

BLS OES May 2025 · SOC 13-2072
$76,690
US median (annual)
$87,790
US mean (annual)
$39,430
10th percentile
$153,180
90th percentile

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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. Before interviews, many candidates work through interview preparation guides for this kind of role.

US Salary Percentiles

PercentileAnnual (gross)Notes
10th$39,430Entry level / lowest decile
25th$52,730Early career
50th (median)$76,690Typical pay
75th$104,080Experienced
90th$153,180Senior / highest decile

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Median Salary by State

StateMedian salaryMean salaryEmployment
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
Salary data is sourced from BLS OES May 2025. Figures represent gross pay before tax. This page is for reference only.

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Negotiating the offer? A salary negotiation guide helps you anchor to the percentiles above.

Data: BLS OES, May 2025 · Page built 2026-07-18