Loan Officers Salary in Springfield, MA-CT
SOC 13-2072 · Metropolitan Area · 2023 BLS OEWS
The median salary for a Loan Officers in Springfield, MA-CT is $80,430 per year as of 2023. That works out to roughly $38.67 per hour. This is 15% above the national median of $69,990. 380 people work as Loan Officers in Springfield, MA-CT. Wages have grown 13% since 2014, when the median was $71,000.
Median Annual Salary
$80,430
Mean Annual
$96,560
Median Hourly
$38.67
Total Employed
380
Location Quotient
0.56
Less common here
Salary Distribution
How This Compares
Springfield, MA-CT
$80,430
this metro
Massachusetts
$96,940
you earn -17% vs state
United States
$69,990
you earn +15% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2023 | $80,430 |
| 2022 | $75,140 |
| 2021 | $77,360 |
| 2020 | $78,840 |
| 2019 | $67,680 |
| 2018 | $56,370 |
| 2017 | $54,380 |
| 2016 | $50,390 |
| 2015 | $65,370 |
| 2014 | $71,000 |
Related Business and Financial Operations Occupations Jobs in Springfield, MA-CT
Other occupations in the same group, sorted by salary.
| Financial Risk Specialists | $115,440 |
| Management Analysts | $108,580 |
| Financial and Investment Analysts | $93,630 |
| Project Management Specialists | $93,560 |
| Personal Financial Advisors | $88,040 |
| Cost Estimators | $84,980 |