How Much Do Loan Officers Make?
The median Loan Officer salary is $77,238 per year as of 2024, based on BLS data across 25 metro areas. Salaries range from $53,700 to $102,540 depending on location. The national mean (average) salary is $91,848, with approximately 120,190 people employed in this role across the US.
Key Data
| Metric | Value |
|---|---|
| National Median Salary | $77,238 |
| National Mean Salary | $91,848 |
| Salary Range (by city median) | $53,700 – $102,540 |
| Total Employment | 120,190 |
| Metro Areas Tracked | 25 |
Top-Paying Cities
| City | Median Salary |
|---|---|
| New York, NY | $102,540 |
| Boston, MA | $94,850 |
| Washington, DC | $94,840 |
| San Francisco, CA | $94,110 |
| Minneapolis, MN | $91,900 |