Loan Officers Salary in Akron, OH

BLS Occupational Employment & Wage Statistics • May 2025 • Akron, OH

Median annual salary $61,730 -16.8% vs national
Median hourly $29.68
10th percentile $32,210
90th percentile $125,520
Employed locally 380
National median $74,180

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Loan Officers
in
Akron, OH
vs

    Salary percentile breakdown

    10th
    $32,210
    25th
    $45,930
    50th (median)
    $61,730
    75th
    $94,350
    90th
    $125,520

    Akron economic context

    Unemployment rate 4.40% 2024 annual avg • BLS LAUS
    Median household income $71,312 2023 • Census ACS
    Loan Officers salary vs area income 87% Median Loan Officers salary is 13% below the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Columbus, OH $78,350
    Cleveland, OH $76,740
    West Northwestern Ohio nonmetropolitan area $76,630
    Springfield, OH $72,800
    Ohio $69,220
    Johnson City, TN $68,510

    Related occupations in Akron, OH

    OccupationMedian salary
    Accountants and Auditors $75,980
    Human Resources Specialists $65,590
    Project Management Specialists $98,380
    Business Operations Specialists, All Other $61,840
    Market Research Analysts and Marketing Specialists $65,840
    Claims Adjusters, Examiners, and Investigators $60,280

    Frequently asked questions

    How much do Loan Officers make per hour in Akron?

    The median hourly wage for Loan Officers in Akron, OH is $29.68, based on BLS OEWS 2025 data. Top earners (90th percentile) make $57.15 or more per hour.

    Is Akron above or below average for Loan Officers salaries?

    The median Loan Officers salary in Akron, OH is 16.8% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Akron?

    Entry-level Loan Officers (10th percentile) earn around $32,210 per year in Akron, OH. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $45,930.