Loan Officers Salary in West Tennessee

BLS Occupational Employment & Wage Statistics • May 2025 • West Tennessee nonmetropolitan area

Median annual salary $58,530 -21.1% vs national
Median hourly $28.14
10th percentile $44,660
90th percentile $118,660
Employed locally 330
National median $74,180

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Loan Officers
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West Tennessee
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    Salary percentile breakdown

    10th
    $44,660
    25th
    $49,990
    50th (median)
    $58,530
    75th
    $78,840
    90th
    $118,660

    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

    Related occupations in West Tennessee

    OccupationMedian salary
    Accountants and Auditors $68,060
    Project Management Specialists $78,450
    Human Resources Specialists $61,200
    Buyers and Purchasing Agents $62,220
    Training and Development Specialists $47,190
    Market Research Analysts and Marketing Specialists $62,230

    Frequently asked questions

    How much do Loan Officers make per hour in West Tennessee?

    The median hourly wage for Loan Officers in West Tennessee is $28.14, based on BLS OEWS 2025 data. Top earners (90th percentile) make $62.01 or more per hour.

    Is West Tennessee above or below average for Loan Officers salaries?

    The median Loan Officers salary in West Tennessee is 21.1% 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 West Tennessee?

    Entry-level Loan Officers (10th percentile) earn around $44,660 per year in West Tennessee. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $49,990.