Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 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.
By median annual wage, loan officers rank 215 of the 545 occupations reported in Rhode Island — higher than 61% of them.
Among occupations in the same job family, Project Management Specialists at $104,680, Financial Risk Specialists at $104,470, Financial and Investment Analysts at $100,550 — all figures are median annual wages for Rhode Island.
No. Every figure on this page is a gross (pre-tax) wage. Rhode Island 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 110.0 (100 = national average).
By median annual wage, loan officers rank 215 of the 545 occupations reported in Rhode Island — higher than 61% of them.
| Occupation in the same job family | Median in Rhode Island | Jobs |
|---|---|---|
| Project Management Specialists | $104,680 | $3,880 |
| Financial Risk Specialists | $104,470 | $450 |
| Financial and Investment Analysts | $100,550 | $1,790 |
| Management Analysts | $99,640 | $4,100 |
| Accountants and Auditors | $95,820 | $6,570 |
| Financial Examiners | $94,130 | $320 |
Rhode Island 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 110.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 545 occupations in Rhode Island.