Loan Officers Salary in Massachusetts (2025)
Official BLS OEWS data · May 2025 · 4,470 employed
Annual Mean
$118,390
$56.92/hr
Annual Median
$101,600
$48.85/hr
Bottom 10%
$64,680
$31.10/hr
Top 10%
$198,220
$95.30/hr
Location vs National Average
Massachusetts
$118,390
Difference
+34.9% vs US avg
US National
$87,790
Salary Percentile Breakdown
| Percentile | Annual |
|---|---|
10th Percentile Bottom 10% | $64,680 |
25th Percentile Lower quarter | $79,760 |
50th PercentileMedian Median | $101,600 |
75th Percentile Upper quarter | $136,940 |
90th Percentile Top 10% | $198,220 |
Salary Distribution
Annual Salary Range
10th
$65K
25th
$80K
Median
$102K
75th
$137K
90th
$198K
Massachusetts has a moderate number of Loan Officers positions (approximately 4,470), reflecting steady demand in this occupation.
In Massachusetts, Loan Officers salaries range from $64,680 at the 10th percentile to $198,220 at the 90th percentile — a spread of $133,540 (131% of the median). This wide range suggests significant variation based on experience and employer in this area.
Top Paying Cities in Massachusetts
Metro areas with highest Loan Officers wages
How Loan Officers Compares in Massachusetts
The average Loan Officers salary of $118,390 in Massachusetts ranks above the national average of $87,790. There are approximately 4,470 Loan Officerss employed in Massachusetts.
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Data: BLS OEWS May 2025 · Public domain · Not affiliated with BLS.