Loan Officers Salary in Morristown, TN

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

Median annual salary $58,830 -20.7% vs national
Median hourly $28.28
10th percentile $35,530
90th percentile $101,590
Employed locally 70
National median $74,180

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Loan Officers
in
Morristown, TN
vs

    Salary percentile breakdown

    10th
    $35,530
    25th
    $37,970
    50th (median)
    $58,830
    75th
    $65,030
    90th
    $101,590

    Morristown economic context

    Unemployment rate 3.50% 2024 annual avg • BLS LAUS
    Median household income $58,130 2023 • Census ACS
    Loan Officers salary vs area income 101% Median Loan Officers salary is 1% above 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
    Knoxville, TN $63,870
    Memphis, TN-MS-AR $62,870

    Related occupations in Morristown, TN

    OccupationMedian salary
    Accountants and Auditors $65,200
    Human Resources Specialists $57,060
    Training and Development Specialists $46,890
    Buyers and Purchasing Agents $58,670
    Project Management Specialists $76,610
    Business Operations Specialists, All Other $48,530

    Frequently asked questions

    How much do Loan Officers make per hour in Morristown?

    The median hourly wage for Loan Officers in Morristown, TN is $28.28, based on BLS OEWS 2025 data. Top earners (90th percentile) make $36.98 or more per hour.

    Is Morristown above or below average for Loan Officers salaries?

    The median Loan Officers salary in Morristown, TN 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 Morristown?

    Entry-level Loan Officers (10th percentile) earn around $35,530 per year in Morristown, TN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $37,970.