Loan Officers Salary in New Bedford, MA
SOC 13-2072 · Metropolitan Area · 2023 BLS OEWS
The median salary for a Loan Officers in New Bedford, MA is $78,920 per year as of 2023. That works out to roughly $37.94 per hour. This is 13% above the national median of $69,990. 70 people work as Loan Officers in New Bedford, MA. Wages have grown 24% since 2014, when the median was $63,780.
Median Annual Salary
$78,920
Mean Annual
$86,230
Median Hourly
$37.94
Total Employed
70
Location Quotient
0.52
Less common here
Salary Distribution
How This Compares
New Bedford, MA
$78,920
this metro
Massachusetts
$96,940
you earn -19% vs state
United States
$69,990
you earn +13% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2023 | $78,920 |
| 2022 | $77,770 |
| 2021 | $76,840 |
| 2020 | $93,750 |
| 2019 | $71,810 |
| 2018 | $66,250 |
| 2017 | $68,970 |
| 2016 | $63,830 |
| 2015 | $74,520 |
| 2014 | $63,780 |
Related Business and Financial Operations Occupations Jobs in New Bedford, MA
Other occupations in the same group, sorted by salary.
| Management Analysts | $99,190 |
| Claims Adjusters, Examiners, and Investigators | $98,450 |
| Financial and Investment Analysts | $94,380 |
| Accountants and Auditors | $82,700 |
| Project Management Specialists | $80,610 |
| Cost Estimators | $78,720 |