2024 Salary Data
Loan Officers Salary in Boston-Cambridge-Newton, MA-NH
Loan Officerss in Boston-Cambridge-Newton, MA-NH earn a median salary of $94,850 per year, which is 27.9% higher than the national median.
Median Salary
$94,850
Entry Level
$60,750
10th percentile
Experienced
$180,680
90th percentile
Employed
3,320
in Boston-Cambridge-Newton, MA-NH
Salary Distribution
Shows salary range from entry-level (10th percentile) to top earners (90th percentile)
How Much Do Loan Officerss Make in Boston-Cambridge-Newton, MA-NH?
According to the Bureau of Labor Statistics, Loan Officerss in the Boston-Cambridge-Newton, MA-NH metropolitan area earn a median annual salary of $94,850. The salary range varies significantly based on experience, with entry-level positions starting around $60,750 and experienced professionals earning up to $180,680 or more.
Entry Level
0-2 years experience
$60,750 - $76,630
Mid Career
2-8 years experience
$76,630 - $134,440
Senior Level
8+ years experience
$134,440 - $180,680
Boston-Cambridge-Newton, MA-NH vs National Average
Loan Officerss in Boston-Cambridge-Newton, MA-NH earn 27.9% more than the national median of $74,180.
Quick Facts
- Occupation
- Loan Officers
- SOC Code
- 132072
- Location
- Boston-Cambridge-Newton, MA-NH
- Data Year
- 2024
- Total Employed
- 3,320