Loan Officers Salary in Worcester, MA (2024)
Source: BLS OEWS May 2024 · Worcester, MA · 320 employed
The average Loan Officers salary in Worcester, MA is $101,650 per year. The middle 50% of Loan Officerss earn between $66,250 and $127,090. Top earners in the 90th percentile make $172,620 or more. Entry-level positions typically start around $60,080. The median of $82,210 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Worcester, MA
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $60,080 |
| 25th Percentile | $66,250 |
| Median (50th Percentile) | $82,210 |
| Mean (Average) | $101,650 |
| 75th Percentile | $127,090 |
| 90th Percentile (Top earners) | $172,620 |
Related Jobs in Worcester, MA
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $152,160 |
| Management Analysts | $120,220 |
| Labor Relations Specialists | $113,520 |
| Project Management Specialists | $104,930 |
| Financial Risk Specialists | $103,990 |
| Financial and Investment Analysts | $103,760 |
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 Worcester, MA?
The average Loan Officers salary in Worcester, MA is $101,650 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Worcester, MA?
The median Loan Officers salary in Worcester, MA is $82,210 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Worcester, MA?
Entry-level Loan Officerss in Worcester, MA typically earn around $60,080 per year (10th percentile). Workers in the 25th percentile earn about $66,250.
What do the highest-paid Loan Officerss earn in Worcester, MA?
The highest-paid Loan Officerss in Worcester, MA earn $172,620 or more per year (90th percentile). The 75th percentile wage is $127,090.
How many Loan Officerss work in Worcester, MA?
There are approximately 320 Loan Officerss employed in the Worcester, MA area, per BLS OEWS May 2024.