Based on the latest Bureau of Labor Statistics OEWS data — updated August 12, 2026.
| Massachusetts | National | Difference | |
|---|---|---|---|
| Median annual salary | $101,600 | $75,854 | +34% |
| Median hourly wage | $48.85 | $36.47 | +34% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $96,030.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in Massachusetts is $101,600, or about $48.85 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. Massachusetts is +34% above the national median.
Entry-level loan officers in Massachusetts typically earn from varies by experience depending on the city and employer.
With 4,470 loan officer jobs on record and a median salary of $101,600, Massachusetts offers above-average pay compared to the rest of the country.