Loan Officers Salary in Salem, OR

BLS Occupational Employment & Wage Statistics • May 2025 • Salem, OR

Median annual salary $74,150 +-0% vs national
Median hourly $35.65
10th percentile $43,980
90th percentile $130,610
Employed locally 300
National median $74,180

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Loan Officers
in
Salem, OR
vs

    Salary percentile breakdown

    10th
    $43,980
    25th
    $64,190
    50th (median)
    $74,150
    75th
    $101,620
    90th
    $130,610

    Salem economic context

    Unemployment rate 4.10% 2024 annual avg • BLS LAUS
    Median household income $76,010 2023 • Census ACS
    Loan Officers salary vs area income 98% Median Loan Officers salary is 2% 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
    New York-Newark-Jersey City, NY-NJ $102,540
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Grand Forks, ND-MN $86,510
    Amherst Town-Northampton, MA $84,610
    Northeast Nebraska nonmetropolitan area $84,440

    Related occupations in Salem, OR

    OccupationMedian salary
    Management Analysts$98,110
    Accountants and Auditors$81,140
    Project Management Specialists$97,330
    Compliance Officers$81,140
    Human Resources Specialists$74,750
    Business Operations Specialists, All Other$67,990

    Frequently asked questions

    How much do Loan Officers make per hour in Salem?

    The median hourly wage for Loan Officers in Salem, OR is $35.65, based on BLS OEWS 2025 data. Top earners (90th percentile) make $86.21 or more per hour.

    Is Salem above or below average for Loan Officers salaries?

    The median Loan Officers salary in Salem, OR is 0% 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 Salem?

    Entry-level Loan Officers (10th percentile) earn around $43,980 per year in Salem, OR. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $64,190.