2024 Salary Data

Loan Officers Salary in Massachusetts nonmetropolitan area

Loan Officerss in Massachusetts nonmetropolitan area earn a median salary of $88,110 per year, which is 18.8% higher than the national median.

Median Salary

$88,110

18.8%vs national

Entry Level

$65,610

10th percentile

Experienced

$185,360

90th percentile

Employed

40

in Massachusetts nonmetropolitan area

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in Massachusetts nonmetropolitan area?

According to the Bureau of Labor Statistics, Loan Officerss in the Massachusetts nonmetropolitan area metropolitan area earn a median annual salary of $88,110. The salary range varies significantly based on experience, with entry-level positions starting around $65,610 and experienced professionals earning up to $185,360 or more.

Entry Level

0-2 years experience

$65,610 - $80,030

Mid Career

2-8 years experience

$80,030 - $131,620

Senior Level

8+ years experience

$131,620 - $185,360

Massachusetts nonmetropolitan area vs National Average

Massachusetts nonmetropolitan area$88,110
National Average$74,180

Loan Officerss in Massachusetts nonmetropolitan area earn 18.8% more than the national median of $74,180.

Quick Facts

Occupation
Loan Officers
SOC Code
132072
Location
Massachusetts nonmetropolitan area
Data Year
2024
Total Employed
40

Frequently Asked Questions

What is the average salary for a Loan Officers in Massachusetts nonmetropolitan area?
The median annual salary for Loan Officers in Massachusetts nonmetropolitan area is $88,110, according to Bureau of Labor Statistics data from 2024. This is 18.8% higher than the national median.
What is the starting salary for Loan Officers in Massachusetts nonmetropolitan area?
Entry-level Loan Officers positions in Massachusetts nonmetropolitan area typically start around $65,610 to $80,030 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in Massachusetts nonmetropolitan area?
Experienced Loan Officerss in Massachusetts nonmetropolitan area can earn $131,620 to $185,360 annually (75th to 90th percentile).
How does Loan Officers salary in Massachusetts nonmetropolitan area compare to the national average?
Loan Officerss in Massachusetts nonmetropolitan area earn 18.8% more than the national median of $74,180.

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