WageDepth

Loan Officers Salary in Cleveland, TN

SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS

The median salary for a Loan Officers in Cleveland, TN is $58,590 per year as of 2024. That works out to roughly $28.17 per hour. This is 21% below the national median of $74,180. 90 people work as Loan Officers in Cleveland, TN. Wages have grown 46% since 2014, when the median was $40,030.

Median Annual Salary

$58,590

Mean Annual

$62,800

Median Hourly

$28.17

Total Employed

90

Location Quotient

1.12

Average concentration

Salary Distribution

$35k
10th
$39k
25th
$59k
Median
$75k
75th
$112k
90th

How This Compares

Cleveland, TN

$58,590

this metro

Tennessee

$63,160

you earn -7% vs state

United States

$74,180

you earn -21% vs US

Salary Trend

View data table
Year Median Annual
2024 $58,590
2023 $55,710
2022 $61,050
2021 $60,040
2020 $55,710
2019 $40,530
2018 $38,730
2017 $38,480
2015 $44,100
2014 $40,030

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