Loan Officers
SOC code 13-2072 · Business and Financial Operations Occupations
Wage percentiles
| Percentile | Annual wage | Hourly wage |
|---|---|---|
| 10th percentile | $39,430 | $18.96 |
| 25th percentile | $52,730 | $25.35 |
| 50th percentile (median) | $76,690 | $36.87 |
| 75th percentile | $104,080 | $50.04 |
| 90th percentile | $153,180 | $73.65 |
See where a wage ranks
Estimate only, based on linear interpolation between this occupation's BLS OEWS reported percentiles above.
Wages by state (May 2024)
State-level employment and wage estimates for Loan Officers (SOC 13-2072), from the U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) State estimates, May 2024. Data available for 51 of 51 states/DC for this occupation.
| State | Employment | Mean annual | Median annual | 10th pctl annual | 25th pctl annual | 75th pctl annual | 90th pctl annual |
|---|---|---|---|---|---|---|---|
| Alabama | 5,680 | $78,300 | $60,750 | $39,990 | $47,200 | $93,990 | $147,110 |
| Alaska | 510 | $80,200 | $65,160 | $24,400 | $46,350 | $92,620 | $163,450 |
| Arizona | 11,420 | $65,640 | $53,760 | $29,910 | $45,470 | $79,620 | $108,630 |
| Arkansas | 2,810 | $83,550 | $70,050 | $38,290 | $49,600 | $105,140 | $132,760 |
| California | 27,420 | $94,870 | $79,580 | $36,880 | $54,000 | $118,250 | $163,580 |
| Colorado | 3,700 | $91,240 | $79,800 | $41,680 | $60,710 | $116,040 | $157,130 |
| Connecticut | 2,680 | $96,460 | $77,580 | $47,860 | $62,000 | $104,840 | $172,980 |
| Delaware | 1,480 | $90,620 | $80,760 | $44,510 | $68,770 | $103,220 | $132,000 |
| District of Columbia | 420 | $155,220 | $102,200 | $55,910 | $78,590 | $139,390 | $218,960 |
| Florida | 19,750 | $82,250 | $71,340 | $33,900 | $49,630 | $99,730 | $135,450 |
| Georgia | 9,480 | $87,150 | $72,250 | $42,150 | $51,320 | $102,150 | $133,980 |
| Hawaii | 960 | $82,030 | $70,280 | $29,120 | $49,250 | $97,430 | $133,080 |
| Idaho | 2,290 | $89,820 | $64,380 | $39,350 | $48,080 | $99,580 | $137,520 |
| Illinois | 10,330 | $88,570 | $75,960 | $47,170 | $56,180 | $102,480 | $137,160 |
| Indiana | 4,740 | $79,640 | $71,400 | $44,580 | $51,260 | $98,320 | $128,560 |
| Iowa | 3,350 | $91,590 | $80,070 | $49,000 | $62,330 | $109,980 | $135,890 |
| Kansas | 3,950 | $94,250 | $82,540 | $46,220 | $61,470 | $118,360 | $162,960 |
| Kentucky | 3,990 | $76,190 | $68,600 | $37,610 | $47,730 | $94,310 | $129,990 |
| Louisiana | 3,010 | $68,580 | $57,320 | $29,000 | $44,880 | $89,590 | $127,780 |
| Maine | 1,170 | $84,090 | $78,040 | $46,560 | $59,160 | $101,710 | $124,430 |
| Maryland | 3,990 | $88,000 | $73,340 | $43,540 | $52,120 | $96,770 | $158,270 |
| Massachusetts | 4,310 | $109,310 | $93,430 | $61,280 | $76,530 | $133,110 | $174,990 |
| Michigan | 10,910 | $82,830 | $72,680 | $34,690 | $49,540 | $103,180 | $136,390 |
| Minnesota | 6,950 | $96,180 | $84,480 | $51,520 | $65,230 | $109,870 | $152,630 |
| Mississippi | 2,770 | $72,540 | $59,950 | $35,290 | $43,160 | $81,940 | $130,220 |
| Missouri | 7,000 | $79,000 | $72,730 | $36,520 | $49,260 | $96,780 | $127,750 |
| Montana | 1,390 | $77,480 | $65,960 | $42,110 | $51,860 | $96,600 | $124,540 |
| Nebraska | 2,730 | $87,780 | $75,730 | $47,090 | $55,230 | $103,090 | $154,940 |
| Nevada | 2,960 | $80,660 | $58,400 | $25,890 | $38,720 | $93,300 | $174,790 |
| New Hampshire | 1,190 | $97,290 | $78,670 | $43,410 | $56,870 | $115,280 | $171,340 |
| New Jersey | 5,690 | $100,160 | $95,090 | $38,880 | $63,070 | $127,610 | $164,030 |
| New Mexico | 970 | $80,640 | $72,690 | $34,630 | $49,780 | $95,530 | $133,250 |
| New York | 11,850 | $122,170 | $98,940 | $49,240 | $64,990 | $161,920 | $217,490 |
| North Carolina | 11,890 | $88,100 | $75,820 | $38,820 | $53,000 | $102,180 | $142,950 |
| North Dakota | 1,370 | $92,790 | $82,990 | $54,910 | $61,690 | $108,570 | $142,450 |
| Ohio | 10,340 | $83,610 | $69,220 | $37,830 | $49,210 | $99,330 | $133,260 |
| Oklahoma | 4,530 | $80,490 | $65,720 | $35,850 | $47,050 | $94,220 | $147,170 |
| Oregon | 3,810 | $93,460 | $74,720 | $44,920 | $60,470 | $106,590 | $158,350 |
| Pennsylvania | 8,820 | $72,020 | $61,470 | $37,720 | $47,120 | $82,820 | $124,070 |
| Rhode Island | 1,560 | $80,110 | $77,460 | $47,680 | $58,980 | $97,690 | $118,470 |
| South Carolina | 4,280 | $72,060 | $61,690 | $35,900 | $45,580 | $81,450 | $125,860 |
| South Dakota | 1,930 | $83,250 | $78,590 | $59,820 | $64,570 | $96,420 | $114,610 |
| Tennessee | 7,610 | $73,980 | $63,160 | $38,330 | $48,470 | $87,110 | $117,820 |
| Texas | 24,070 | $76,010 | $63,770 | $35,810 | $47,630 | $92,490 | $130,910 |
| Utah | 5,590 | $77,600 | $60,870 | $38,540 | $45,700 | $82,340 | $126,630 |
| Vermont | 440 | $100,750 | $86,490 | $50,930 | $62,690 | $127,190 | $164,790 |
| Virginia | 9,170 | $95,510 | $79,600 | $42,210 | $57,200 | $122,460 | $166,530 |
| Washington | 6,480 | $86,430 | $77,040 | $36,940 | $52,980 | $103,740 | $150,940 |
| West Virginia | 1,300 | $61,800 | $49,550 | $36,740 | $42,580 | $68,390 | $105,120 |
| Wisconsin | 5,020 | $88,800 | $79,230 | $50,130 | $61,850 | $104,180 | $137,750 |
| Wyoming | 750 | $90,140 | $76,460 | $46,330 | $57,770 | $106,310 | $142,950 |
Hourly by-state wages are in the source dataset but not rendered here (annual only, to keep this table a manageable width); see the source link below for the full file. BLS suppresses some state-level figures for reliability: an em dash (—) means BLS did not publish that figure for this state and occupation. Per BLS’s own field definitions: "*" = a wage estimate is not available; "**" = an employment estimate is not available; "#" = a wage equal to or greater than $115.00 per hour or $239,200 per year (all three are shown here as —, not guessed). Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), State occupational employment and wage estimates, May 2024.
Similar-paying occupations in Business and Financial Operations Occupations
- Human Resources Specialists 13-1071$75,940/yr
- Claims Adjusters, Examiners, and Investigators 13-1031$78,000/yr
- Compensation, Benefits, and Job Analysis Specialists 13-1141$78,210/yr
- Insurance Appraisers, Auto Damage 13-1032$78,240/yr
- Cost Estimators 13-1051$78,740/yr
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024 estimates. Wage figures are BLS OEWS estimates and may not reflect current pay.