occupation · 13-2072 · detailed
Loan Officers — wages and employment
Loan Officers earned a median annual wage of $74,180 in the United States in May 2024, with 290,530 people employed, according to the BLS Occupational Employment and Wage Statistics.
What stands out
Loan Officers earned a median annual wage of $74,180 in the United States in May 2024, with 290,530 people employed, according to the BLS Occupational Employment and Wage Statistics. The lowest-paid tenth earned $38,490 or less, the best-paid tenth $145,780 or more. Since May 2023 the median moved from $69,990 to $74,180, +6.0 %. The best-paying state is District of Columbia at $102,200; the lowest Puerto Rico at $35,400. Among metropolitan areas, Elmira, NY pays the highest median, $106,430. Wages are as published by BLS for May of each year; '≥ $239,200' is BLS's top code. Every value links to its fact record.
United States, year by year
Annual wages at the median, mean and four percentiles; employment is the May estimate.
| Reference | Employment | Median | Mean | 10th | 25th | 75th | 90th | Median hourly | Source |
|---|---|---|---|---|---|---|---|---|---|
| May 2024 | 290,530 | $74,180 | $86,020 | $38,490 | $50,460 | $101,920 | $145,780 | $35.66 | evidence → |
| May 2023 | 321,090 | $69,990 | $84,490 | $37,020 | $49,130 | $100,020 | $139,470 | $33.65 | evidence → |
By state
Median annual wage, May 2024, highest first. Each state has its own record with the full series.
| State | Median annual | Employment |
|---|---|---|
| District of Columbia | $102,200 | 420 |
| New York | $98,940 | 11,850 |
| New Jersey | $95,090 | 5,690 |
| Massachusetts | $93,430 | 4,310 |
| Vermont | $86,490 | 440 |
| Minnesota | $84,480 | 6,950 |
| North Dakota | $82,990 | 1,370 |
| Kansas | $82,540 | 3,950 |
| Delaware | $80,760 | 1,480 |
| Iowa | $80,070 | 3,350 |
| Colorado | $79,800 | 3,700 |
| Virginia | $79,600 | 9,170 |
| California | $79,580 | 27,420 |
| Wisconsin | $79,230 | 5,020 |
| New Hampshire | $78,670 | 1,190 |
| South Dakota | $78,590 | 1,930 |
| Maine | $78,040 | 1,170 |
| Connecticut | $77,580 | 2,680 |
| Rhode Island | $77,460 | 1,560 |
| Washington | $77,040 | 6,480 |
| Wyoming | $76,460 | 750 |
| Illinois | $75,960 | 10,330 |
| North Carolina | $75,820 | 11,890 |
| Nebraska | $75,730 | 2,730 |
| Oregon | $74,720 | 3,810 |
| Maryland | $73,340 | 3,990 |
| Missouri | $72,730 | 7,000 |
| New Mexico | $72,690 | 970 |
| Michigan | $72,680 | 10,910 |
| Georgia | $72,250 | 9,480 |
| Indiana | $71,400 | 4,740 |
| Florida | $71,340 | 19,750 |
| Hawaii | $70,280 | 960 |
| Arkansas | $70,050 | 2,810 |
| Ohio | $69,220 | 10,340 |
| Kentucky | $68,600 | 3,990 |
| Montana | $65,960 | 1,390 |
| Oklahoma | $65,720 | 4,530 |
| Alaska | $65,160 | 510 |
| Idaho | $64,380 | 2,290 |
| Texas | $63,770 | 24,070 |
| Tennessee | $63,160 | 7,610 |
| South Carolina | $61,690 | 4,280 |
| Pennsylvania | $61,470 | 8,820 |
| Utah | $60,870 | 5,590 |
| Alabama | $60,750 | 5,680 |
| Mississippi | $59,950 | 2,770 |
| Nevada | $58,400 | 2,960 |
| Louisiana | $57,320 | 3,010 |
| Arizona | $53,760 | 11,420 |
| West Virginia | $49,550 | 1,300 |
| Puerto Rico | $35,400 | 2,550 |
Highest-paying metropolitan areas
Top 20 by median annual wage.
| Metro area | Median annual | Employment |
|---|---|---|
| Elmira, NY | $106,430 | 40 |
| New York-Newark-Jersey City, NY-NJ | $102,540 | 11,250 |
| Des Moines-West Des Moines, IA | $97,000 | 1,050 |
| Salinas, CA | $95,960 | 150 |
| New Haven, CT | $95,910 | 270 |
| Iowa City, IA | $95,180 | 130 |
| Barnstable Town, MA | $94,850 | 90 |
| Boston-Cambridge-Newton, MA-NH | $94,850 | 3,320 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $94,840 | 5,260 |
| San Francisco-Oakland-Fremont, CA | $94,110 | 3,090 |
| Mankato, MN | $93,140 | 150 |
| Lawrence, KS | $93,030 | 90 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $91,900 | 4,360 |
| Fargo, ND-MN | $89,860 | 380 |
| Manhattan, KS | $88,400 | 180 |
| Wichita, KS | $86,940 | 600 |
| Grand Forks, ND-MN | $86,510 | 100 |
| St. Cloud, MN | $85,030 | 280 |
| Amherst Town-Northampton, MA | $84,610 | 90 |
| Corvallis, OR | $84,030 | 80 |
Machine access — free, no API key
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