Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| Maryland | National | Difference | |
|---|---|---|---|
| Median annual salary | $73,580 | $75,854 | -3% |
| Median hourly wage | $35.38 | $36.47 | -3% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $70,076.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in Maryland is $73,580, or about $35.38 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. Maryland is -3% below the national median.
Entry-level loan officers in Maryland typically earn from varies by experience depending on the city and employer.
With 3,850 loan officer jobs on record and a median salary of $73,580, Maryland offers competitive pay compared to the rest of the country.
By median annual wage, loan officers rank 315 of the 728 occupations reported in Maryland — higher than 57% of them.
Among occupations in the same job family, Management Analysts at $121,680, Financial Risk Specialists at $117,130, Budget Analysts at $106,020 — all figures are median annual wages for Maryland.
No. Every figure on this page is a gross (pre-tax) wage. Maryland levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 116.0 (100 = national average).
By median annual wage, loan officers rank 315 of the 728 occupations reported in Maryland — higher than 57% of them.
| Occupation in the same job family | Median in Maryland | Jobs |
|---|---|---|
| Management Analysts | $121,680 | $19,170 |
| Financial Risk Specialists | $117,130 | $890 |
| Budget Analysts | $106,020 | $2,490 |
| Project Management Specialists | $104,040 | $30,530 |
| Financial Examiners | $102,980 | $350 |
| Logisticians | $102,700 | $6,840 |
Maryland levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 116.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 728 occupations in Maryland.