Loan Officers Salary in Toledo, OH

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

Median annual salary $60,990 -17.8% vs national
Median hourly $29.32
10th percentile $33,590
90th percentile $121,140
Employed locally 350
National median $74,180

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Loan Officers
in
Toledo, OH
vs

    Salary percentile breakdown

    10th
    $33,590
    25th
    $38,020
    50th (median)
    $60,990
    75th
    $91,490
    90th
    $121,140

    Toledo economic context

    Unemployment rate 5.50% 2024 annual avg • BLS LAUS
    Median household income $63,749 2023 • Census ACS
    Loan Officers salary vs area income 96% Median Loan Officers salary is 4% 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
    Columbus, OH $78,350
    Cleveland, OH $76,740
    West Northwestern Ohio nonmetropolitan area $76,630
    Springfield, OH $72,800
    Ohio $69,220
    Johnson City, TN $68,510

    Related occupations in Toledo, OH

    OccupationMedian salary
    Accountants and Auditors $75,940
    Human Resources Specialists $63,830
    Project Management Specialists $81,690
    Market Research Analysts and Marketing Specialists $62,500
    Business Operations Specialists, All Other $65,960
    Buyers and Purchasing Agents $66,220

    Frequently asked questions

    How much do Loan Officers make per hour in Toledo?

    The median hourly wage for Loan Officers in Toledo, OH is $29.32, based on BLS OEWS 2025 data. Top earners (90th percentile) make $51.36 or more per hour.

    Is Toledo above or below average for Loan Officers salaries?

    The median Loan Officers salary in Toledo, OH is 17.8% 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 Toledo?

    Entry-level Loan Officers (10th percentile) earn around $33,590 per year in Toledo, OH. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $38,020.