Loan Officers
What the pay figures show
- Two answers for loan officers. Best paid: Massachusetts, at $101,600. Tax does not change that. Best off: North Dakota, at $76,762 once local prices count. Tax was not what separated them. Rent was.
- Massachusetts's $101,600 median for loan officers survives the tax adjustment intact, so state income tax is not a differentiator in this occupation's geography. It does not survive price deflation: North Dakota takes the top position at $76,762. Housing is where regional price variation concentrates, which is why the reordering appears at this step and not the previous one.
Compare this career across states
Choose your filing status and local taxes, compare pay, and keep a shortlist.Compare wage and personal-pay outcomes by state, with selected resident local taxes and saved career choices.
Pay by state · May 2025 wages · tax year 2026
National median
$76,690
People doing it
274,330
Highest paid
$101,600
MA
Best off, really
$76,762
ND, after tax and prices
Lowest tenth
$39,430
Highest tenth
$153,180
Lowest, really
$46,031
HI
States with data
51
National average
$87,790
mean, not median
Prices where it goes furthest
88.57%
ND, against a national 100
Where this job actually pays best
- Pay for this job is fairly steady around the country. Count tax and local prices and the states bunch closer still, from $46,031 to $76,762. For work like this, where you live changes your life more than it changes your pay.
- About 274,330 Americans work in this job, on a middle wage of $76,690. Big enough that where you live changes the arithmetic.
- Coverage is complete — all 51 jurisdictions publish this, on a middle wage of $76,690. Nothing is missing.
- Geographic dispersion in loan officers is moderate by national standards. Tax and price adjustment compress the distribution further, to a real range of $46,031 through $76,762. Where nominal spread is this contained, relocation decisions in the occupation turn on non-wage factors, because the wage differential does not survive the adjustments in a form large enough to drive them.
- With 274,330 workers, loan officers sits in the middle of the BLS headcount distribution. The state-level spread described above therefore applies to a meaningful population rather than a niche one.
- Coverage for loan officers is complete at 51 jurisdictions. No suppression applies, so the highest and lowest figures above are genuinely the national extremes.
Pay band: Loan Officers
The national median for this job
50thpercentile, roughly
| Lowest tenth earn under | $39,430 |
|---|---|
| Half earn under | $76,690 |
| Top tenth earn over | $153,180 |
| This salary | $76,690 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
Where these numbers come from
| BLS Occupational Employment and Wage Statistics (OEWS), May 2025 estimates, time-series bulk download (oe.data.0.Current) | as of 2025-05-01 |
|---|
Steps in Loan Officers
The national median for this job
$76,690around the 50th percentile
| Lowest tenth | $39,430 |
|---|---|
| Middle | $76,690 |
| Top tenth | $153,180 |
The five points BLS publishes. Nothing between them is invented.
Loan Officers, state by state
The national median for this job
51states publish pay for this job
| Lowest | West Virginia · $57,580 |
|---|---|
| Highest | Massachusetts · $101,600 |
| Spread | $44,020 |
One dot per state that publishes this job. A missing state means suppressed data, not zero pay.
Best paid, and best off
The national median for this job
| Texas pays | $66,370 |
|---|---|
| Worth, after local prices | $68,299 |
Median pay against the same pay once BEA price parities are applied.
Every state, three ways
Sorted by what the money is actually worth. "Kept" is take-home for a single filer after federal, FICA and state income tax. "Really worth" divides that by the state's own price level, so a dollar in each row buys the same thing. Tap a state to put your own salary into it. States BLS does not publish for this job are absent — that means no published figure, not no work.
| State | Median pay | Kept after tax | Really worth |
|---|---|---|---|
| ND | $84,650 | $67,990 | $76,762 |
| SD | $79,920 | $65,054 | $73,845 |
| IA | $83,670 | $65,124 | $73,365 |
| KS | $86,970 | $65,449 | $72,749 |
| MN | $95,170 | $70,834 | $71,973 |
| WY | $79,620 | $64,843 | $71,375 |
| CO | $94,520 | $71,874 | $70,895 |
| VT | $88,710 | $67,493 | $69,843 |
| MA | $101,600 | $75,546 | $69,796 |
| CT | $95,730 | $71,661 | $69,111 |
| NE | $79,840 | $62,068 | $68,678 |
| OH | $76,370 | $61,172 | $66,628 |
| NY | $95,710 | $71,555 | $66,485 |
| WI | $78,290 | $60,714 | $65,216 |
| OK | $72,990 | $57,394 | $65,010 |
| AR | $70,260 | $56,117 | $64,869 |
| NJ | $92,920 | $70,470 | $64,721 |
| OR | $94,440 | $67,555 | $64,510 |
| ME | $81,900 | $62,233 | $64,094 |
| DE | $83,130 | $63,056 | $63,531 |
| NC | $75,920 | $59,719 | $63,437 |
| MO | $73,660 | $58,125 | $63,343 |
| IN | $72,960 | $58,035 | $62,955 |
| MT | $71,570 | $56,497 | $62,604 |
| DC | $92,890 | $69,251 | $62,499 |
| NH | $80,660 | $65,574 | $62,247 |
| MI | $74,470 | $58,305 | $61,906 |
| IL | $79,150 | $60,739 | $61,442 |
| ID | $71,070 | $55,914 | $61,159 |
| WA | $80,120 | $65,194 | $60,053 |
| RI | $77,250 | $60,698 | $59,853 |
| VA | $78,320 | $60,185 | $59,738 |
| AK | $72,800 | $60,045 | $59,032 |
| AL | $66,710 | $52,882 | $58,778 |
| TX | $66,370 | $55,508 | $57,122 |
| TN | $62,800 | $52,640 | $56,899 |
| FL | $71,090 | $58,842 | $56,878 |
| PA | $69,300 | $55,455 | $56,877 |
| LA | $61,110 | $49,835 | $56,409 |
| NM | $62,610 | $50,710 | $56,104 |
| GA | $68,490 | $54,194 | $56,044 |
| CA | $81,770 | $62,843 | $55,820 |
| NV | $64,500 | $54,006 | $55,688 |
| MS | $60,260 | $48,281 | $55,309 |
| KY | $62,090 | $50,014 | $55,283 |
| MD | $73,580 | $57,462 | $55,271 |
| SC | $63,220 | $51,101 | $54,843 |
| WV | $57,580 | $46,682 | $52,000 |
| AZ | $62,160 | $50,974 | $50,417 |
| UT | $59,440 | $47,295 | $49,783 |
| HI | $63,740 | $49,994 | $46,031 |
Sources and assumptions
- These are middle-of-the-range figures for loan officers, not what a new starter is offered. Half the people doing this job earn under $76,690 nationally, half over. Your own experience and employer will move you well away from that midpoint in either direction.
- One filer, no dependants, nothing paid into a pension before tax — that is the household behind every take-home figure for loan officers. It is the simplest case on purpose, so the states can be compared against each other rather than against each other's family circumstances. City income taxes are not counted. On that household, Massachusetts keeps the most at $75,546.
- Levelling out prices for loan officers is done with one number per state, which is a simplification. Living costs inside a state vary a lot between its cities and its countryside. The comparison shows which way the ranking moves, not an exact figure for any address — Hawaii sits at the bottom on $46,031.
- All wage figures for loan officers are medians rather than entry or offer rates; the national median is $76,690. Within-state dispersion typically exceeds between-state dispersion in this data, so an individual's expected wage is determined more by experience, sector and employer than by the state comparisons presented here.
- The household modeled for loan officers is a single filer, standard deduction, no dependants, no pre-tax contributions. Holding the household constant is what makes the interstate comparison meaningful; it also means the absolute figures overstate liability for most real filers. On that basis Massachusetts retains the most, $75,546. Municipal and school-district income taxes are not included in any state.
- The price deflation applied to loan officers uses state-level parities. Within-state dispersion in price level, concentrated in housing, is large enough that a state figure describes no particular locality well; the bottom of this occupation's real range is Hawaii at $46,031. The comparison establishes the direction and rough magnitude of the reordering rather than an address-level result — Hawaii anchors the bottom at $46,031 — and the two source series are dated independently.