Based on the latest Bureau of Labor Statistics OEWS data — updated August 12, 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.