Loan Officers in Maine
May 2025 wages · tax year 2026
You keep
$62,233
after federal, FICA and Maine tax
Tax takes
$19,667
24.0% of the whole
Worth, in national money
$64,094
Maine costs less than average
On that salary you would be around the 25th percentile for this work in Maine — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$81,900
Kept after tax
$62,233
Worth in national money
$64,094
State rank
14
of 51 states
What this pays, and what it is worth
- This is a good state for the work. Maine pays loan officers a middle wage of $81,900, ranking 14 of 51 states and sitting about 6.79% above the national middle.
- This is one of the better-paid jobs in Maine. It ranks 110 out of 484 occupations the state publishes figures for, which puts it in the top quarter locally.
- No great distortion either way. Maine costs about what the country costs, so from $81,900, take-home of $62,233 is worth roughly $64,094 in national money. The average comes to $88,830, above the middle, thanks to the top of the range.
- Maine's median for loan officers is $81,900, about 6.79% above the national figure and 14 of 51 states reporting. Whether that premium reaches the worker depends on the two adjustments below, which is the part a wage table cannot tell you.
- Within Maine, loan officers ranks 110 of 484 occupations by median pay, placing it in the top quartile of the local distribution. This is the comparison a resident actually makes — against neighbors rather than against the same job elsewhere.
- Price parity in Maine is near the national base, so for loan officers, whose median is $81,900, the adjusted figure of $64,094 differs little from $62,233 retained after tax. The state's position for this occupation is therefore set by wage and tax rather than by living costs. At $88,830 the mean overshoots the median — the usual right-skewed shape.
Compare this career across states
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Pay band: Loan Officers
The state median for this job
| Lowest tenth earn under | $46,710 |
|---|---|
| Half earn under | $81,900 |
| Top tenth earn over | $140,680 |
| This salary | $81,900 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Maine | $62,233 |
|---|---|
| Take-home in Texas | $66,447 |
| Once local prices are leveledBEA price parity | +$4,285 |
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $75,911 |
|---|---|
| You could take a cut of | −$5,918 |
| Prices in Texas | 97 vs 97 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Half the people doing this work in Maine earn less than $81,900. The published range is $46,710 up to $140,680, so an individual figure can sit a long way from the middle in either direction.
- In Maine the take-home figure of $62,233, from $81,900, assumes one filer, no dependants, and nothing paid into a pension before tax. Each of those lowers the bill, so treat it as the plain case. City and school-district income taxes are not included either, and in a few states those are real money. It ranks 110 of 484 occupations here.
- The wage data and the price data come from different years. That is how each is published. The price adjustment behind $64,094 uses one figure for the whole of Maine. A city and a rural county there can differ by more than two states do. Out of 484 occupations the state publishes, this one sits at 110.
- Reported values are medians; for loan officers in Maine the tenth-to-ninetieth percentile band is $46,710 to $140,680. Neither the median nor the band is an offer rate, and neither accounts for hours, shift differentials or overtime.
- Take-home for Maine is computed for a single filer taking the standard deduction with no dependants and no pre-tax contributions, giving $62,233 from $81,900. Each omitted item reduces taxable income, so the figure is a lower bound on retained pay for this household shape. Municipal and school-district income taxes are excluded, which understates the burden materially in Ohio, Pennsylvania and Maryland. The occupation ranks 110 of 484 locally.
- Wage and price series carry different reference periods, each published on its own schedule. The real-terms figure of $64,094, worked from $81,900, deflates by a statewide parity that conceals substantial intra-state variation, concentrated in housing — so it supports comparison between states rather than the pricing of a move to a particular Maine address, on work sitting at 110 of 484 locally.
Questions people ask
Is this the average pay for the job?
Half earn more than this and half earn less. The average sits at $88,830 because a long tail of high pay lifts it, so the two answer different questions.
Why is the pay range for this job so wide?
One title, many jobs. The lowest tenth take $46,710, the highest tenth $140,680, and what separates them is experience, employer and what exactly the role does.
What does this pay actually buy where I live?
More than the figure suggests. Prices in Maine sit below the national level, so take-home here stretches like $64,094 would elsewhere. The wage is the same; the ground it covers is larger.
Where does the difference between the wage and my paycheck go?
Three of them are federal and one is not. After income tax, Social Security, Medicare and Maine's own levy, $62,233 remains.
Can I compare this job across every state?
Yes for this one. Pay is published in all 51 jurisdictions, so a state-to-state comparison here rests on the same survey everywhere rather than on a patchwork.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in Maine is $88,830. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($46,710) and the ninetieth ($140,680) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
Maine's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $64,094 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
What accounts for the gap between gross wage and take-home here?
Take-home of $62,233 reflects federal income tax, OASDI, Medicare and Maine income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Is this occupation's state coverage complete?
State-level estimates are published for all 51 jurisdictions for this occupation, so cross-state comparison is not confounded by suppression. ⚠️ Estimates remain survey-based and carry sampling error; small differences between adjacent states should not be over-read.