Loan Officers Salary in Springfield, MA (2025)
Official BLS OEWS data · May 2025 · 150 employed
Annual Mean
$104,070
$50.03/hr
Annual Median
$89,480
$43.02/hr
Bottom 10%
$58,670
$28.21/hr
Top 10%
$168,650
$81.08/hr
Location vs National Average
Springfield, MA
$104,070
Difference
+18.5% vs US avg
US National
$87,790
Salary Percentile Breakdown
| Percentile | Annual |
|---|---|
10th Percentile Bottom 10% | $58,670 |
25th Percentile Lower quarter | $73,040 |
50th PercentileMedian Median | $89,480 |
75th Percentile Upper quarter | $125,530 |
90th Percentile Top 10% | $168,650 |
Salary Distribution
Annual Salary Range
10th
$59K
25th
$73K
Median
$89K
75th
$126K
90th
$169K
Springfield, MA has a relatively small Loan Officers workforce (approximately 150 positions). Job opportunities may be more competitive.
In Springfield, MA, Loan Officers salaries range from $58,670 at the 10th percentile to $168,650 at the 90th percentile — a spread of $109,980 (123% of the median). This wide range suggests significant variation based on experience and employer in this area.
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Data: BLS OEWS May 2025 · Public domain · Not affiliated with BLS.