Loan Officers Salary in Baltimore, MD (2024)
Source: BLS OEWS May 2024 · Baltimore-Columbia-Towson, MD · 1,840 employed
The average Loan Officers salary in Baltimore, MD is $84,620 per year. The middle 50% of Loan Officerss earn between $50,850 and $94,550. Top earners in the 90th percentile make $142,860 or more. Entry-level positions typically start around $43,990. The median of $73,140 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Baltimore, MD
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $43,990 |
| 25th Percentile | $50,850 |
| Median (50th Percentile) | $73,140 |
| Mean (Average) | $84,620 |
| 75th Percentile | $94,550 |
| 90th Percentile (Top earners) | $142,860 |
Related Jobs in Baltimore, MD
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $168,930 |
| Management Analysts | $121,240 |
| Financial and Investment Analysts | $114,490 |
| Financial Risk Specialists | $112,830 |
| Project Management Specialists | $109,010 |
| Logisticians | $104,280 |
Loan Officers Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Dayton, OH | $135,040 |
| New York, NY | $125,440 |
| Elmira, NY | $123,770 |
| New Haven, CT | $114,840 |
| Washington, DC | $112,140 |
| Lawrence, KS | $111,560 |
| Boston, MA | $110,820 |
| San Francisco, CA | $109,880 |
Frequently Asked Questions
What is the average Loan Officers salary in Baltimore, MD?
The average Loan Officers salary in Baltimore, MD is $84,620 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Baltimore, MD?
The median Loan Officers salary in Baltimore, MD is $73,140 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Baltimore, MD?
Entry-level Loan Officerss in Baltimore, MD typically earn around $43,990 per year (10th percentile). Workers in the 25th percentile earn about $50,850.
What do the highest-paid Loan Officerss earn in Baltimore, MD?
The highest-paid Loan Officerss in Baltimore, MD earn $142,860 or more per year (90th percentile). The 75th percentile wage is $94,550.
How many Loan Officerss work in Baltimore, MD?
There are approximately 1,840 Loan Officerss employed in the Baltimore-Columbia-Towson, MD area, per BLS OEWS May 2024.