Loan Officers Salary in Providence, RI-MA

BLS Occupational Employment & Wage Statistics • May 2025 • Providence-Warwick, RI-MA

Median annual salary $77,930 +5.1% vs national
Median hourly $37.47
10th percentile $48,650
90th percentile $133,130
Employed locally 1,690
National median $74,180

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Loan Officers
in
Providence, RI-MA
vs

    Salary percentile breakdown

    10th
    $48,650
    25th
    $59,610
    50th (median)
    $77,930
    75th
    $99,480
    90th
    $133,130

    Providence economic context

    Unemployment rate 4.50% 2024 annual avg • BLS LAUS
    Median household income $85,646 2023 • Census ACS
    Loan Officers salary vs area income 91% Median Loan Officers salary is 9% 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
    District of Columbia $102,200
    Boston-Cambridge-Newton, MA-NH $94,850
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Trenton-Princeton, NJ $83,730
    Springfield, MA $83,030
    Colorado Springs, CO $79,800

    Related occupations in Providence, RI-MA

    OccupationMedian salary
    Accountants and Auditors $88,650
    Market Research Analysts and Marketing Specialists $77,630
    Human Resources Specialists $71,110
    Project Management Specialists $102,370
    Management Analysts $93,320
    Business Operations Specialists, All Other $83,490

    Frequently asked questions

    How much do Loan Officers make per hour in Providence?

    The median hourly wage for Loan Officers in Providence, RI-MA is $37.47, based on BLS OEWS 2025 data. Top earners (90th percentile) make $65.98 or more per hour.

    Is Providence above or below average for Loan Officers salaries?

    The median Loan Officers salary in Providence, RI-MA is 5.1% 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 Providence?

    Entry-level Loan Officers (10th percentile) earn around $48,650 per year in Providence, RI-MA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $59,610.