Loan Officers Salary in Massachusetts

BLS Occupational Employment & Wage Statistics • May 2025 • Massachusetts nonmetropolitan area

Median annual salary $88,110 +18.8% vs national
Median hourly $42.36
10th percentile $65,610
90th percentile $185,360
Employed locally 40
National median $74,180

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Loan Officers
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Massachusetts
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    Salary percentile breakdown

    10th
    $65,610
    25th
    $80,030
    50th (median)
    $88,110
    75th
    $131,620
    90th
    $185,360

    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

    Related occupations in Massachusetts

    OccupationMedian salary
    Accountants and Auditors $86,490
    Market Research Analysts and Marketing Specialists $82,000
    Human Resources Specialists $77,140
    Business Operations Specialists, All Other $78,170
    Fundraisers $66,690
    Buyers and Purchasing Agents $76,790

    Frequently asked questions

    How much do Loan Officers make per hour in Massachusetts?

    The median hourly wage for Loan Officers in Massachusetts is $42.36, based on BLS OEWS 2025 data. Top earners (90th percentile) make $97.69 or more per hour.

    Is Massachusetts above or below average for Loan Officers salaries?

    The median Loan Officers salary in Massachusetts is 18.8% above 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 Massachusetts?

    Entry-level Loan Officers (10th percentile) earn around $65,610 per year in Massachusetts. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $80,030.