Loan Officers Salary in Massachusetts
SOC 13-2072 · State · 2024 BLS OEWS
The median salary for a Loan Officers in Massachusetts is $93,430 per year as of 2024. That works out to roughly $44.92 per hour. This is 26% above the national median of $74,180. 4,310 people work as Loan Officers in Massachusetts. Wages have grown 24% since 2014, when the median was $75,460.
Median Annual Salary
$93,430
Mean Annual
$109,310
Median Hourly
$44.92
Total Employed
4,310
Location Quotient
0.63
Less common here
Salary Distribution
$61k
10th
$77k
25th
$93k
Median
$133k
75th
$175k
90th
How This Compares
Massachusetts
$93,430
this metro
United States
$74,180
you earn +26% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $93,430 |
| 2023 | $96,940 |
| 2022 | $80,400 |
| 2021 | $79,570 |
| 2020 | $66,060 |
| 2019 | $70,530 |
| 2018 | $70,090 |
| 2017 | $72,420 |
| 2016 | $75,670 |
| 2015 | $76,580 |
| 2014 | $75,460 |
Related Business and Financial Operations Occupations Jobs in Massachusetts
Other occupations in the same group, sorted by salary.
| Management Analysts | $131,840 |
| Financial Risk Specialists | $118,960 |
| Project Management Specialists | $108,630 |
| Financial and Investment Analysts | $107,610 |
| Cost Estimators | $102,680 |
| Personal Financial Advisors | $101,320 |