Loan Officers Salary in Nashville, TN

BLS Occupational Employment & Wage Statistics • May 2025 • Nashville-Davidson--Murfreesboro--Franklin, TN

Median annual salary $66,130 -10.9% vs national
Median hourly $31.79
10th percentile $39,260
90th percentile $131,010
Employed locally 2,370
National median $74,180

Compare Loan Officers salary & buying power

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

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Loan Officers
in
Nashville, TN
vs

    Salary percentile breakdown

    10th
    $39,260
    25th
    $49,610
    50th (median)
    $66,130
    75th
    $93,660
    90th
    $131,010

    Nashville economic context

    Unemployment rate 2.80% 2024 annual avg • BLS LAUS
    Median household income $82,499 2023 • Census ACS
    Loan Officers salary vs area income 80% Median Loan Officers salary is 20% 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
    Clarksville, TN-KY $64,750
    Jackson, TN $64,020
    Knoxville, TN $63,870
    Memphis, TN-MS-AR $62,870
    Kingsport-Bristol, TN-VA $62,590

    Related occupations in Nashville, TN

    OccupationMedian salary
    Accountants and Auditors $79,310
    Human Resources Specialists $67,290
    Project Management Specialists $86,930
    Management Analysts $102,080
    Market Research Analysts and Marketing Specialists $66,750
    Business Operations Specialists, All Other $75,580

    Frequently asked questions

    How much do Loan Officers make per hour in Nashville?

    The median hourly wage for Loan Officers in Nashville, TN is $31.79, based on BLS OEWS 2025 data. Top earners (90th percentile) make $55.39 or more per hour.

    Is Nashville above or below average for Loan Officers salaries?

    The median Loan Officers salary in Nashville, TN is 10.9% 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 Nashville?

    Entry-level Loan Officers (10th percentile) earn around $39,260 per year in Nashville, TN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $49,610.