Loan Officers Salary in Hagerstown, MD-WV

BLS Occupational Employment & Wage Statistics • May 2025 • Hagerstown-Martinsburg, MD-WV

Median annual salary $58,350 -21.3% vs national
Median hourly $28.05
10th percentile $40,150
90th percentile $127,440
Employed locally 110
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Hagerstown, MD-WV stacks up on salary and cost of living.

Full tool →
Loan Officers
in
Hagerstown, MD-WV
vs

    Salary percentile breakdown

    10th
    $40,150
    25th
    $45,540
    50th (median)
    $58,350
    75th
    $77,500
    90th
    $127,440

    Hagerstown economic context

    Unemployment rate 3.30% 2024 annual avg • BLS LAUS
    Median household income $75,473 2023 • Census ACS
    Loan Officers salary vs area income 77% Median Loan Officers salary is 23% 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
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $76,910
    Baltimore-Columbia-Towson, MD $73,140
    Lexington Park, MD $66,370
    Salisbury, MD $59,990

    Related occupations in Hagerstown, MD-WV

    OccupationMedian salary
    Business Operations Specialists, All Other $88,920
    Accountants and Auditors $75,950
    Project Management Specialists $84,760
    Human Resources Specialists $74,590
    Management Analysts $109,120
    Compliance Officers $88,280

    Frequently asked questions

    How much do Loan Officers make per hour in Hagerstown?

    The median hourly wage for Loan Officers in Hagerstown, MD-WV is $28.05, based on BLS OEWS 2025 data. Top earners (90th percentile) make $60.87 or more per hour.

    Is Hagerstown above or below average for Loan Officers salaries?

    The median Loan Officers salary in Hagerstown, MD-WV is 21.3% 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 Hagerstown?

    Entry-level Loan Officers (10th percentile) earn around $40,150 per year in Hagerstown, MD-WV. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $45,540.