Loan officer earnings by seniority
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $88,768 |
| Illinois | $81,620 |
| New York | $78,520 |
| District of Columbia | $74,840 |
| Massachusetts | $70,090 |
| Kansas | $75,462 |
| New Hampshire | $76,430 |
| New Jersey | $73,180 |
| Maryland | $68,060 |
| Texas | $68,710 |
| Hawaii | $66,666 |
| Nebraska | $75,800 |
| Virginia | $63,860 |
| Nevada | $60,630 |
| Minnesota | $72,030 |
| Kentucky | $67,450 |
| Florida | $67,760 |
| Pennsylvania | $66,807 |
| Oregon | $64,610 |
| Missouri | $68,010 |
| Maine | $64,110 |
| Georgia | $54,690 |
| Washington | $60,540 |
| California | $60,420 |
| North Dakota | $67,610 |
| Wisconsin | $62,850 |
| North Carolina | $62,360 |
| Ohio | $64,770 |
| Colorado | $61,010 |
| Delaware | $60,140 |
| Idaho | $59,677 |
| Wyoming | $61,860 |
| Rhode Island | $60,460 |
| South Carolina | $60,250 |
| Iowa | $61,518 |
| Oklahoma | $61,230 |
| Indiana | $57,023 |
| Alaska | $56,980 |
| Vermont | $58,650 |
| Arizona | $52,696 |
| Mississippi | $57,500 |
| Montana | $57,840 |
| Tennessee | $54,490 |
| New Mexico | $51,460 |
| Arkansas | $55,514 |
| South Dakota | $59,520 |
| Alabama | $53,488 |
| Utah | $45,470 |
| Louisiana | $48,230 |
| West Virginia | $48,820 |
| Guam | $45,840 |
| Puerto Rico | $29,150 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in West Virginia. On average, they make less than auditors but more than bookkeepers.
| Career | Median Salary |
|---|---|
| Auditor salary | $63K |
| Budget analyst salary | $64K |
| Cost estimator salary | $60K |
| Credit analyst salary | $59K |
| Operations research analyst salary | $52K |
| Loan officer salary | $49K |
| Social fundraiser salary | $51K |
| Revenue agent salary | $41K |
| Credit counselor salary | $37K |
| Bookkeeper salary | $33K |
Source: CareerExplorer (Aggregated)