Loan Officers Salary in Palm Bay, FL

BLS Occupational Employment & Wage Statistics • May 2025 • Palm Bay-Melbourne-Titusville, FL

Median annual salary $67,540 -9% vs national
Median hourly $32.47
10th percentile $35,470
90th percentile $166,100
Employed locally 190
National median $74,180

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Loan Officers
in
Palm Bay, FL
vs

    Salary percentile breakdown

    10th
    $35,470
    25th
    $46,240
    50th (median)
    $67,540
    75th
    $96,060
    90th
    $166,100

    Palm Bay economic context

    Unemployment rate 3.50% 2024 annual avg • BLS LAUS
    Median household income $75,817 2023 • Census ACS
    Loan Officers salary vs area income 89% Median Loan Officers salary is 11% 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
    Lakeland-Winter Haven, FL $78,970
    Deltona-Daytona Beach-Ormond Beach, FL $77,560
    Port St. Lucie, FL $77,280
    Gainesville, FL $74,730
    Jacksonville, FL $72,030
    Miami-Fort Lauderdale-West Palm Beach, FL $71,980

    Related occupations in Palm Bay, FL

    OccupationMedian salary
    Business Operations Specialists, All Other $90,230
    Project Management Specialists $103,320
    Accountants and Auditors $77,750
    Management Analysts $97,760
    Buyers and Purchasing Agents $82,750
    Human Resources Specialists $67,900

    Frequently asked questions

    How much do Loan Officers make per hour in Palm Bay?

    The median hourly wage for Loan Officers in Palm Bay, FL is $32.47, based on BLS OEWS 2025 data. Top earners (90th percentile) make $60.68 or more per hour.

    Is Palm Bay above or below average for Loan Officers salaries?

    The median Loan Officers salary in Palm Bay, FL is 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 Palm Bay?

    Entry-level Loan Officers (10th percentile) earn around $35,470 per year in Palm Bay, FL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $46,240.