Based on the latest Bureau of Labor Statistics OEWS data — updated August 12, 2026.
| Rhode Island | National | Difference | |
|---|---|---|---|
| Median annual salary | $77,250 | $75,854 | +2% |
| Median hourly wage | $37.14 | $36.47 | +2% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $75,513.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in Rhode Island is $77,250, or about $37.14 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. Rhode Island is +2% above the national median.
Entry-level loan officers in Rhode Island typically earn from varies by experience depending on the city and employer.
With 1,290 loan officer jobs on record and a median salary of $77,250, Rhode Island offers above-average pay compared to the rest of the country.