Loan Officers Salary in Portland, ME

BLS Occupational Employment & Wage Statistics • May 2025 • Portland-South Portland, ME

Median annual salary $79,580 +7.3% vs national
Median hourly $38.26
10th percentile $48,170
90th percentile $124,600
Employed locally 480
National median $74,180

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Loan Officers
in
Portland, ME
vs

    Salary percentile breakdown

    10th
    $48,170
    25th
    $60,380
    50th (median)
    $79,580
    75th
    $105,190
    90th
    $124,600

    Portland economic context

    Unemployment rate 2.70% 2024 annual avg • BLS LAUS
    Median household income $88,602 2023 • Census ACS
    Loan Officers salary vs area income 90% Median Loan Officers salary is 10% 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
    Northern Vermont nonmetropolitan area $97,410
    Southwest Iowa nonmetropolitan area $92,560
    Massachusetts nonmetropolitan area $88,110
    Southern Vermont nonmetropolitan area $86,490
    Northeast Nebraska nonmetropolitan area $84,440
    West North Dakota nonmetropolitan area $82,990

    Related occupations in Portland, ME

    OccupationMedian salary
    Business Operations Specialists, All Other $82,600
    Accountants and Auditors $82,580
    Human Resources Specialists $69,620
    Project Management Specialists $87,430
    Market Research Analysts and Marketing Specialists $74,300
    Management Analysts $84,680

    Frequently asked questions

    How much do Loan Officers make per hour in Portland?

    The median hourly wage for Loan Officers in Portland, ME is $38.26, based on BLS OEWS 2025 data. Top earners (90th percentile) make $69.76 or more per hour.

    Is Portland above or below average for Loan Officers salaries?

    The median Loan Officers salary in Portland, ME is 7.3% 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 Portland?

    Entry-level Loan Officers (10th percentile) earn around $48,170 per year in Portland, ME. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $60,380.