2024 Salary Data
Loan Officers Salary in Worcester, MA
Loan Officerss in Worcester, MA earn a median salary of $82,210 per year, which is 10.8% higher than the national median.
Median Salary
$82,210
Entry Level
$60,080
10th percentile
Experienced
$172,620
90th percentile
Employed
320
in Worcester, MA
Salary Distribution
Shows salary range from entry-level (10th percentile) to top earners (90th percentile)
How Much Do Loan Officerss Make in Worcester, MA?
According to the Bureau of Labor Statistics, Loan Officerss in the Worcester, MA metropolitan area earn a median annual salary of $82,210. The salary range varies significantly based on experience, with entry-level positions starting around $60,080 and experienced professionals earning up to $172,620 or more.
Entry Level
0-2 years experience
$60,080 - $66,250
Mid Career
2-8 years experience
$66,250 - $127,090
Senior Level
8+ years experience
$127,090 - $172,620
Worcester, MA vs National Average
Loan Officerss in Worcester, MA earn 10.8% more than the national median of $74,180.
Quick Facts
- Occupation
- Loan Officers
- SOC Code
- 132072
- Location
- Worcester, MA
- Data Year
- 2024
- Total Employed
- 320