Loan Officers Salary in Boston, MA (2024)
Source: BLS OEWS May 2024 · Boston-Cambridge-Newton, MA-NH · 3,320 employed
The average Loan Officers salary in Boston, MA is $110,820 per year. The middle 50% of Loan Officerss earn between $76,630 and $134,440. Top earners in the 90th percentile make $180,680 or more. Entry-level positions typically start around $60,750. The median of $94,850 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Boston, MA
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $60,750 |
| 25th Percentile | $76,630 |
| Median (50th Percentile) | $94,850 |
| Mean (Average) | $110,820 |
| 75th Percentile | $134,440 |
| 90th Percentile (Top earners) | $180,680 |
Related Jobs in Boston, MA
| Occupation | Mean Annual |
|---|---|
| Management Analysts | $149,850 |
| Personal Financial Advisors | $145,990 |
| Financial and Investment Analysts | $133,690 |
| Financial Risk Specialists | $125,350 |
| Project Management Specialists | $120,130 |
| Cost Estimators | $111,250 |
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 |
| San Francisco, CA | $109,880 |
| Barnstable Town, MA | $108,680 |
Frequently Asked Questions
What is the average Loan Officers salary in Boston, MA?
The average Loan Officers salary in Boston, MA is $110,820 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Boston, MA?
The median Loan Officers salary in Boston, MA is $94,850 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Boston, MA?
Entry-level Loan Officerss in Boston, MA typically earn around $60,750 per year (10th percentile). Workers in the 25th percentile earn about $76,630.
What do the highest-paid Loan Officerss earn in Boston, MA?
The highest-paid Loan Officerss in Boston, MA earn $180,680 or more per year (90th percentile). The 75th percentile wage is $134,440.
How many Loan Officerss work in Boston, MA?
There are approximately 3,320 Loan Officerss employed in the Boston-Cambridge-Newton, MA-NH area, per BLS OEWS May 2024.