Loan Officers Salary in Altoona, PA

BLS Occupational Employment & Wage Statistics • May 2025 • Altoona, PA

Median annual salary $51,700 -30.3% vs national
Median hourly $24.85
10th percentile $39,130
90th percentile $119,510
Employed locally 80
National median $74,180

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Loan Officers
in
Altoona, PA
vs

    Salary percentile breakdown

    10th
    $39,130
    25th
    $44,940
    50th (median)
    $51,700
    75th
    $72,230
    90th
    $119,510

    Altoona economic context

    Unemployment rate 3.50% 2024 annual avg • BLS LAUS
    Median household income $60,594 2023 • Census ACS
    Loan Officers salary vs area income 85% Median Loan Officers salary is 15% 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
    Minneapolis-St. Paul-Bloomington, MN-WI $91,900
    State College, PA $83,220
    Napa, CA $77,000
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $76,910
    Champaign-Urbana, IL $75,370
    Grants Pass, OR $74,520

    Related occupations in Altoona, PA

    OccupationMedian salary
    Accountants and Auditors $63,240
    Human Resources Specialists $62,020
    Project Management Specialists $83,810
    Business Operations Specialists, All Other $72,320
    Market Research Analysts and Marketing Specialists $58,350
    Buyers and Purchasing Agents $61,520

    Frequently asked questions

    How much do Loan Officers make per hour in Altoona?

    The median hourly wage for Loan Officers in Altoona, PA is $24.85, based on BLS OEWS 2025 data. Top earners (90th percentile) make $57.17 or more per hour.

    Is Altoona above or below average for Loan Officers salaries?

    The median Loan Officers salary in Altoona, PA is 30.3% 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 Altoona?

    Entry-level Loan Officers (10th percentile) earn around $39,130 per year in Altoona, PA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $44,940.