Loan Officers Salary in Springfield, OH

BLS Occupational Employment & Wage Statistics • May 2025 • Springfield, OH

Median annual salary $72,800 -1.9% vs national
Median hourly $35.00
10th percentile $36,690
90th percentile $137,930
Employed locally 40
National median $74,180

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Loan Officers
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Springfield, OH
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    Salary percentile breakdown

    10th
    $36,690
    25th
    $43,620
    50th (median)
    $72,800
    75th
    $116,730
    90th
    $137,930

    Springfield economic context

    Unemployment rate 4.70% 2024 annual avg • BLS LAUS
    Median household income $60,846 2023 • Census ACS
    Loan Officers salary vs area income 120% Median Loan Officers salary is 20% above 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
    Columbus, OH $78,350
    Cleveland, OH $76,740
    West Northwestern Ohio nonmetropolitan area $76,630
    Ohio $69,220
    Johnson City, TN $68,510
    North Northeastern Ohio nonmetropolitan area (noncontiguous) $68,210

    Related occupations in Springfield, OH

    OccupationMedian salary
    Human Resources Specialists $58,600
    Accountants and Auditors $69,050
    Business Operations Specialists, All Other $61,550
    Buyers and Purchasing Agents $70,430
    Compliance Officers $54,050
    Project Management Specialists $87,790

    Frequently asked questions

    How much do Loan Officers make per hour in Springfield?

    The median hourly wage for Loan Officers in Springfield, OH is $35.00, based on BLS OEWS 2025 data. Top earners (90th percentile) make $61.06 or more per hour.

    Is Springfield above or below average for Loan Officers salaries?

    The median Loan Officers salary in Springfield, OH is 1.9% 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 Springfield?

    Entry-level Loan Officers (10th percentile) earn around $36,690 per year in Springfield, OH. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $43,620.