SOC 13-2072 · Business and Financial Operations Occupations
Loan Officers wages by metro
National median annual wage
$76,690
- 10th percentile
- $39,430
- 25th percentile
- $52,730
- Median
- $76,690
- 75th percentile
- $104,080
- 90th percentile
- $153,180
- Mean
- $87,790
Annual wage from the May 2025 OEWS estimates.
National employment in May 2025: 274,330.
That median is 50.4% higher than the all-occupations national median of $50,980.
The metro and state figures below are the same May 2025 release. A blank wage means BLS did not publish it. See when a wage is not published.
Highest published medians
| Occupation | Employment | 10th | Median | 90th |
|---|---|---|---|---|
| Enid, OK | 40 | $54,990 | $104,990 | $192,970 |
| Bridgeport-Stamford-Danbury, CT | 560 | $60,460 | $103,850 | $187,830 |
| Boston-Cambridge-Newton, MA-NH | 3,420 | $65,120 | $103,400 | $204,820 |
| San Francisco-Oakland-Fremont, CA | 3,330 | $44,440 | $103,000 | $201,080 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 3,910 | $61,360 | $102,200 | $190,790 |
| New York-Newark-Jersey City, NY-NJ | 10,350 | $58,860 | $101,570 | $208,610 |
| Des Moines-West Des Moines, IA | 650 | $55,960 | $101,190 | $163,910 |
| Lawrence, KS | 80 | $58,150 | $100,480 | $181,910 |
| Denver-Aurora-Centennial, CO | 1,970 | $39,430 | $100,130 | $167,560 |
| Wichita, KS | 700 | $49,590 | $99,170 | $156,790 |
| New Haven, CT | 230 | $46,970 | $98,930 | $170,720 |
| Iowa City, IA | 120 | $51,500 | $98,630 | $161,920 |
| Fort Collins-Loveland, CO | 160 | $36,250 | $98,450 | $161,540 |
| Rochester, MN | 170 | $61,040 | $98,110 | $167,470 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 5,000 | $46,790 | $97,800 | $169,540 |
| Lincoln, NE | 420 | $50,120 | $97,770 | $145,990 |
| Corvallis, OR | 70 | $60,480 | $97,340 | $150,930 |
| Lewiston-Auburn, ME | 100 | $57,050 | $96,990 | $144,380 |
| Amherst Town-Northampton, MA | 90 | $61,370 | $96,540 | $205,200 |
| Norwich-New London-Willimantic, CT | 70 | $50,310 | $96,500 | $173,880 |
Where employment is largest
| Occupation | Employment | 10th | Median | 90th |
|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ | 10,350 | $58,860 | $101,570 | $208,610 |
| Los Angeles-Long Beach-Anaheim, CA | 9,690 | $35,930 | $80,360 | $167,860 |
| Dallas-Fort Worth-Arlington, TX | 8,370 | $36,510 | $73,930 | $131,110 |
| Phoenix-Mesa-Chandler, AZ | 8,350 | $35,840 | $61,850 | $133,850 |
| Chicago-Naperville-Elgin, IL-IN | 7,380 | $40,710 | $80,040 | $143,160 |
| Detroit-Warren-Dearborn, MI | 7,200 | $36,520 | $76,260 | $135,700 |
| Atlanta-Sandy Springs-Roswell, GA | 5,550 | $43,520 | $76,340 | $150,850 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 5,000 | $46,790 | $97,800 | $169,540 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 4,660 | $43,540 | $77,590 | $140,860 |
| Miami-Fort Lauderdale-West Palm Beach, FL | 4,190 | $33,140 | $71,510 | $148,600 |
| Charlotte-Concord-Gastonia, NC-SC | 4,080 | $39,350 | $78,200 | $137,900 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 3,910 | $61,360 | $102,200 | $190,790 |
| Tampa-St. Petersburg-Clearwater, FL | 3,850 | $38,850 | $72,220 | $130,850 |
| Boston-Cambridge-Newton, MA-NH | 3,420 | $65,120 | $103,400 | $204,820 |
| Houston-Pasadena-The Woodlands, TX | 3,410 | $26,160 | $67,560 | $172,540 |
| San Francisco-Oakland-Fremont, CA | 3,330 | $44,440 | $103,000 | $201,080 |
| Seattle-Tacoma-Bellevue, WA | 3,110 | $38,040 | $83,720 | $164,570 |
| Portland-Vancouver-Hillsboro, OR-WA | 2,840 | $45,780 | $96,100 | $162,900 |
| St. Louis, MO-IL | 2,690 | $38,370 | $74,510 | $149,000 |
| Columbus, OH | 2,410 | $39,650 | $82,160 | $144,880 |
States and territories
| Occupation | Employment | 10th | Median | 90th |
|---|---|---|---|---|
| Massachusetts | 4,470 | $64,680 | $101,600 | $198,220 |
| Connecticut | 2,220 | $50,300 | $95,730 | $171,280 |
| New York | 10,840 | $49,410 | $95,710 | $211,350 |
| Minnesota | 6,430 | $57,670 | $95,170 | $163,350 |
| Colorado | 3,230 | $39,430 | $94,520 | $165,370 |
| Oregon | 4,220 | $48,240 | $94,440 | $161,250 |
| New Jersey | 6,200 | $50,490 | $92,920 | $169,280 |
| District of Columbia | 370 | $45,860 | $92,890 | $157,630 |
| Vermont | 350 | $56,820 | $88,710 | $168,070 |
| Kansas | 3,540 | $48,560 | $86,970 | $160,560 |
| North Dakota | 1,370 | $58,010 | $84,650 | $146,640 |
| Iowa | 2,840 | $51,690 | $83,670 | $138,150 |
| Delaware | 1,420 | $45,670 | $83,130 | $148,210 |
| Maine | 1,060 | $46,710 | $81,900 | $140,680 |
| California | 25,790 | $37,460 | $81,770 | $169,040 |
| New Hampshire | 1,120 | $47,970 | $80,660 | $160,580 |
| Washington | 6,040 | $39,000 | $80,120 | $162,240 |
| South Dakota | 1,820 | $58,480 | $79,920 | $125,080 |
| Nebraska | 2,710 | $49,360 | $79,840 | $136,640 |
| Wyoming | 740 | $47,410 | $79,620 | $132,810 |
| Illinois | 10,890 | $43,020 | $79,150 | $137,080 |
| Virginia | 8,790 | $40,190 | $78,320 | $157,070 |
| Wisconsin | 4,940 | $50,010 | $78,290 | $140,140 |
| Rhode Island | 1,290 | $50,420 | $77,250 | $134,950 |
| Ohio | 9,880 | $38,200 | $76,370 | $131,980 |
| North Carolina | 10,700 | $43,270 | $75,920 | $130,480 |
| Michigan | 11,340 | $36,830 | $74,470 | $135,700 |
| Missouri | 7,050 | $38,910 | $73,660 | $136,130 |
| Maryland | 3,850 | $37,470 | $73,580 | $159,860 |
| Oklahoma | 4,100 | $36,510 | $72,990 | $158,710 |
| Indiana | 4,790 | $43,870 | $72,960 | $129,740 |
| Alaska | 490 | $26,730 | $72,800 | $123,570 |
| Montana | 1,180 | $48,130 | $71,570 | $123,130 |
| Florida | 18,830 | $33,180 | $71,090 | $133,070 |
| Idaho | 2,030 | $43,160 | $71,070 | $156,410 |
| Arkansas | 2,610 | $39,210 | $70,260 | $136,500 |
| Pennsylvania | 8,140 | $39,990 | $69,300 | $132,900 |
| Georgia | 9,540 | $39,490 | $68,490 | $138,800 |
| Alabama | 5,050 | $42,090 | $66,710 | $155,660 |
| Texas | 21,200 | $34,150 | $66,370 | $135,280 |
| Nevada | 2,580 | $29,640 | $64,500 | $163,930 |
| Hawaii | 980 | $34,150 | $63,740 | $131,020 |
| South Carolina | 4,140 | $37,080 | $63,220 | $142,260 |
| Tennessee | 6,510 | $38,240 | $62,800 | $113,290 |
| New Mexico | 1,140 | $27,700 | $62,610 | $122,960 |
| Arizona | 10,020 | $35,960 | $62,160 | $133,890 |
| Kentucky | 3,940 | $41,620 | $62,090 | $124,520 |
| Louisiana | 2,810 | $38,100 | $61,110 | $124,420 |
| Mississippi | 3,450 | $37,030 | $60,260 | $131,510 |
| Utah | 3,990 | $37,790 | $59,440 | $128,200 |
| West Virginia | 1,290 | $37,830 | $57,580 | $114,800 |
| Guam | 60 | $34,460 | $45,180 | $83,660 |
| Virgin Islands | 50 | $39,960 | $44,780 | $77,400 |
| Puerto Rico | 2,360 | $27,110 | $35,730 | $64,740 |
Other business and financial operations occupations
- Accountants and Auditors
- Business Operations Specialists, All Other
- Project Management Specialists
- Human Resources Specialists
- Market Research Analysts and Marketing Specialists
- Management Analysts
- Buyers and Purchasing Agents
- Training and Development Specialists
Questions this page answers
What is the national median wage for Loan Officers?
In the May 2025 OEWS estimates, the national median annual wage for Loan Officers is $76,690. Employment is 274,330.
How does Loan Officers pay compare with all occupations?
The national median for Loan Officers is 50.4% higher than the all-occupations median of $50,980.
Which metro has the highest published median for Loan Officers?
Among metros with a published annual median in the May 2025 tables, Enid, OK is highest on this page's list at $104,990.