Loan Officers Salary in Memphis, TN-MS-AR
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Memphis, TN-MS-AR is $62,870 per year as of 2024. That works out to roughly $30.23 per hour. This is 15% below the national median of $74,180. 1,020 people work as Loan Officers in Memphis, TN-MS-AR. Wages have grown 8% since 2014, when the median was $58,000.
Median Annual Salary
$62,870
Mean Annual
$76,130
Median Hourly
$30.23
Total Employed
1,020
Location Quotient
0.87
Average concentration
Salary Distribution
How This Compares
Memphis, TN-MS-AR
$62,870
this metro
Tennessee
$63,160
you earn +-0% vs state
United States
$74,180
you earn -15% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $62,870 |
| 2023 | $62,630 |
| 2022 | $62,490 |
| 2021 | $60,740 |
| 2020 | $49,540 |
| 2019 | $50,280 |
| 2018 | $49,250 |
| 2017 | $55,230 |
| 2016 | $53,530 |
| 2015 | $57,260 |
| 2014 | $58,000 |
Related Business and Financial Operations Occupations Jobs in Memphis, TN-MS-AR
Other occupations in the same group, sorted by salary.
| Personal Financial Advisors | $98,260 |
| Financial Examiners | $92,170 |
| Financial and Investment Analysts | $90,920 |
| Budget Analysts | $88,300 |
| Financial Risk Specialists | $87,920 |
| Management Analysts | $86,940 |