Loan Officers Salary (2025)
Based on 274,330 employed workers · BLS OEWS May 2025
Salary Percentile Breakdown
| Percentile | Annual |
|---|---|
10th Percentile Bottom 10% | $39,430 |
25th Percentile Lower quarter | $52,730 |
50th PercentileMedian Median | $76,690 |
75th Percentile Upper quarter | $104,080 |
90th Percentile Top 10% | $153,180 |
Salary Distribution
Annual Salary Range
10th
$39K
25th
$53K
Median
$77K
75th
$104K
90th
$153K
Highest Paying States for Loan Officers
States with highest average wages · BLS May 2025
| State | Annual Mean |
|---|---|
| Massachusetts | $118,390 |
| New York | $114,670 |
| Minnesota | $104,700 |
| New Jersey | $102,890 |
| Connecticut | $101,710 |
| Vermont | $101,600 |
| Oregon | $101,000 |
| District of Columbia | $100,150 |
| Kansas | $98,160 |
| Colorado | $97,840 |
Geographic Salary Variation
Loan Officers salaries vary significantly across the United States. The highest paying state is Massachusetts at an average of $118,390 per year, while Colorado has an average of $97,840 — a difference of $20,550. These geographic differences reflect variations in cost of living, demand, and local labor market conditions.
Highest Paying Metro Areas
Top cities by average annual wage
About Loan Officers
According to the Bureau of Labor Statistics, 274,330 workers were employed as Loan Officerss in the United States as of May 2025. This occupation is classified under Business and Financial Operations Occupations. The annual mean wage of $87,790 reflects data from employer surveys conducted by BLS.
Source: BLS OEWS May 2025 · SOC Code: 13-2072