2024 Salary Data
Loan Officers Salary in Massachusetts
Loan Officerss in Massachusetts earn a median salary of $93,430 per year, which is 26.0% higher than the national median.
Median Salary
$93,430
Entry Level
$61,280
10th percentile
Experienced
$174,990
90th percentile
Employed
4,310
in Massachusetts
Salary Distribution
Shows salary range from entry-level (10th percentile) to top earners (90th percentile)
How Much Do Loan Officerss Make in Massachusetts?
According to the Bureau of Labor Statistics, Loan Officerss in the Massachusetts metropolitan area earn a median annual salary of $93,430. The salary range varies significantly based on experience, with entry-level positions starting around $61,280 and experienced professionals earning up to $174,990 or more.
Entry Level
0-2 years experience
$61,280 - $76,530
Mid Career
2-8 years experience
$76,530 - $133,110
Senior Level
8+ years experience
$133,110 - $174,990
Massachusetts vs National Average
Loan Officerss in Massachusetts earn 26.0% more than the national median of $74,180.
Quick Facts
- Occupation
- Loan Officers
- SOC Code
- 132072
- Location
- Massachusetts
- Data Year
- 2024
- Total Employed
- 4,310