Loan Officers Salary in Knoxville, TN

BLS Occupational Employment & Wage Statistics • May 2025 • Knoxville, TN

Median annual salary $63,870 -13.9% vs national
Median hourly $30.71
10th percentile $37,730
90th percentile $108,490
Employed locally 990
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Knoxville, TN stacks up on salary and cost of living.

Full tool →
Loan Officers
in
Knoxville, TN
vs

    Salary percentile breakdown

    10th
    $37,730
    25th
    $48,240
    50th (median)
    $63,870
    75th
    $82,020
    90th
    $108,490

    Knoxville economic context

    Unemployment rate 3.20% 2024 annual avg • BLS LAUS
    Median household income $69,734 2023 • Census ACS
    Loan Officers salary vs area income 92% Median Loan Officers salary is 8% 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
    Johnson City, TN $68,510
    Nashville-Davidson--Murfreesboro--Franklin, TN $66,130
    Clarksville, TN-KY $64,750
    Jackson, TN $64,020
    Memphis, TN-MS-AR $62,870
    Kingsport-Bristol, TN-VA $62,590

    Related occupations in Knoxville, TN

    OccupationMedian salary
    Accountants and Auditors $74,320
    Project Management Specialists $83,690
    Human Resources Specialists $65,550
    Buyers and Purchasing Agents $65,120
    Market Research Analysts and Marketing Specialists $61,830
    Management Analysts $88,510

    Frequently asked questions

    How much do Loan Officers make per hour in Knoxville?

    The median hourly wage for Loan Officers in Knoxville, TN is $30.71, based on BLS OEWS 2025 data. Top earners (90th percentile) make $56.14 or more per hour.

    Is Knoxville above or below average for Loan Officers salaries?

    The median Loan Officers salary in Knoxville, TN is 13.9% 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 Knoxville?

    Entry-level Loan Officers (10th percentile) earn around $37,730 per year in Knoxville, TN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $48,240.