Loan Officers Salary in Philadelphia, PA-NJ-DE-MD

BLS Occupational Employment & Wage Statistics • May 2025 • Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Median annual salary $76,910 +3.7% vs national
Median hourly $36.97
10th percentile $39,250
90th percentile $133,570
Employed locally 4,830
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Philadelphia, PA-NJ-DE-MD stacks up on salary and cost of living.

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Loan Officers
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Philadelphia, PA-NJ-DE-MD
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    Salary percentile breakdown

    10th
    $39,250
    25th
    $52,690
    50th (median)
    $76,910
    75th
    $102,520
    90th
    $133,570

    Philadelphia economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $89,273 2023 • Census ACS
    Loan Officers salary vs area income 86% Median Loan Officers salary is 14% 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
    Minneapolis-St. Paul-Bloomington, MN-WI $91,900
    State College, PA $83,220
    Napa, CA $77,000
    Champaign-Urbana, IL $75,370
    Grants Pass, OR $74,520
    San Luis Obispo-Paso Robles, CA $74,180

    Related occupations in Philadelphia, PA-NJ-DE-MD

    OccupationMedian salary
    Accountants and Auditors $84,080
    Human Resources Specialists $72,670
    Market Research Analysts and Marketing Specialists $76,950
    Business Operations Specialists, All Other $87,140
    Project Management Specialists $102,050
    Management Analysts $101,150

    Frequently asked questions

    How much do Loan Officers make per hour in Philadelphia?

    The median hourly wage for Loan Officers in Philadelphia, PA-NJ-DE-MD is $36.97, based on BLS OEWS 2025 data. Top earners (90th percentile) make $67.72 or more per hour.

    Is Philadelphia above or below average for Loan Officers salaries?

    The median Loan Officers salary in Philadelphia, PA-NJ-DE-MD is 3.7% 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 Philadelphia?

    Entry-level Loan Officers (10th percentile) earn around $39,250 per year in Philadelphia, PA-NJ-DE-MD. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $52,690.