Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| Tennessee | National | Difference | |
|---|---|---|---|
| Median annual salary | $62,800 | $75,854 | -17% |
| Median hourly wage | $30.19 | $36.47 | -17% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $68,335.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in Tennessee is $62,800, or about $30.19 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. Tennessee is -17% below the national median.
Entry-level loan officers in Tennessee typically earn from varies by experience depending on the city and employer.
With 6,510 loan officer jobs on record and a median salary of $62,800, Tennessee offers competitive pay compared to the rest of the country.
By median annual wage, loan officers rank 268 of the 730 occupations reported in Tennessee — higher than 63% of them.
Among occupations in the same job family, Management Analysts at $99,260, Financial and Investment Analysts at $92,990, Financial Risk Specialists at $90,950 — all figures are median annual wages for Tennessee.
No. Every figure on this page is a gross (pre-tax) wage. Tennessee has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 92.0 (100 = national average).
By median annual wage, loan officers rank 268 of the 730 occupations reported in Tennessee — higher than 63% of them.
| Occupation in the same job family | Median in Tennessee | Jobs |
|---|---|---|
| Management Analysts | $99,260 | $13,700 |
| Financial and Investment Analysts | $92,990 | $4,910 |
| Financial Risk Specialists | $90,950 | $540 |
| Financial Examiners | $87,110 | $500 |
| Budget Analysts | $86,570 | $1,140 |
| Project Management Specialists | $85,890 | $20,780 |
Tennessee has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 92.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 730 occupations in Tennessee.