Loan Officers Salary in Canton, OH

BLS Occupational Employment & Wage Statistics • May 2025 • Canton-Massillon, OH

Median annual salary $58,840 -20.7% vs national
Median hourly $28.29
10th percentile $37,320
90th percentile $118,410
Employed locally 250
National median $74,180

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Loan Officers
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Canton, OH
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    Salary percentile breakdown

    10th
    $37,320
    25th
    $46,780
    50th (median)
    $58,840
    75th
    $75,770
    90th
    $118,410

    Canton economic context

    Unemployment rate 4.50% 2024 annual avg • BLS LAUS
    Median household income $65,666 2023 • Census ACS
    Loan Officers salary vs area income 90% Median Loan Officers salary is 10% 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 Canton, OH

    OccupationMedian salary
    Accountants and Auditors $66,960
    Human Resources Specialists $59,830
    Project Management Specialists $80,270
    Market Research Analysts and Marketing Specialists $59,480
    Buyers and Purchasing Agents $63,040
    Business Operations Specialists, All Other $63,360

    Frequently asked questions

    How much do Loan Officers make per hour in Canton?

    The median hourly wage for Loan Officers in Canton, OH is $28.29, based on BLS OEWS 2025 data. Top earners (90th percentile) make $48.81 or more per hour.

    Is Canton above or below average for Loan Officers salaries?

    The median Loan Officers salary in Canton, OH is 20.7% 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 Canton?

    Entry-level Loan Officers (10th percentile) earn around $37,320 per year in Canton, OH. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $46,780.