2024 Salary Data
Loan Officers Salary in Springfield, MA
Loan Officerss in Springfield, MA earn a median salary of $83,030 per year, which is 11.9% higher than the national median.
Median Salary
$83,030
Entry Level
$50,820
10th percentile
Experienced
$171,840
90th percentile
Employed
150
in Springfield, MA
Salary Distribution
Shows salary range from entry-level (10th percentile) to top earners (90th percentile)
How Much Do Loan Officerss Make in Springfield, MA?
According to the Bureau of Labor Statistics, Loan Officerss in the Springfield, MA metropolitan area earn a median annual salary of $83,030. The salary range varies significantly based on experience, with entry-level positions starting around $50,820 and experienced professionals earning up to $171,840 or more.
Entry Level
0-2 years experience
$50,820 - $66,710
Mid Career
2-8 years experience
$66,710 - $126,250
Senior Level
8+ years experience
$126,250 - $171,840
Springfield, MA vs National Average
Loan Officerss in Springfield, MA earn 11.9% more than the national median of $74,180.
Quick Facts
- Occupation
- Loan Officers
- SOC Code
- 132072
- Location
- Springfield, MA
- Data Year
- 2024
- Total Employed
- 150