National and state-by-state median wages · BLS OEWS data · Updated September 10, 2026
| # | State | Median Annual Salary | vs. National | Jobs |
|---|---|---|---|---|
| 1 | Massachusetts | $101,600 | ▲ 34% | 4,470 |
| 2 | Connecticut | $95,730 | ▲ 26% | 2,220 |
| 3 | New York | $95,710 | ▲ 26% | 10,840 |
| 4 | Minnesota | $95,170 | ▲ 25% | 6,430 |
| 5 | Colorado | $94,520 | ▲ 25% | 3,230 |
| 6 | Oregon | $94,440 | ▲ 25% | 4,220 |
| 7 | New Jersey | $92,920 | ▲ 22% | 6,200 |
| 8 | District of Columbia | $92,890 | ▲ 22% | 370 |
| 9 | Vermont | $88,710 | ▲ 17% | 350 |
| 10 | Kansas | $86,970 | ▲ 15% | 3,540 |
| 11 | North Dakota | $84,650 | ▲ 12% | 1,370 |
| 12 | Iowa | $83,670 | ▲ 10% | 2,840 |
| 13 | Delaware | $83,130 | ▲ 10% | 1,420 |
| 14 | Maine | $81,900 | ▲ 8% | 1,060 |
| 15 | California | $81,770 | ▲ 8% | 25,790 |
| 16 | New Hampshire | $80,660 | ▲ 6% | 1,120 |
| 17 | Washington | $80,120 | ▲ 6% | 6,040 |
| 18 | South Dakota | $79,920 | ▲ 5% | 1,820 |
| 19 | Nebraska | $79,840 | ▲ 5% | 2,710 |
| 20 | Wyoming | $79,620 | ▲ 5% | 740 |
| 21 | Illinois | $79,150 | ▲ 4% | 10,890 |
| 22 | Virginia | $78,320 | ▲ 3% | 8,790 |
| 23 | Wisconsin | $78,290 | ▲ 3% | 4,940 |
| 24 | Rhode Island | $77,250 | ▲ 2% | 1,290 |
| 25 | Ohio | $76,370 | ▲ 1% | 9,880 |
| 26 | North Carolina | $75,920 | ▲ 0% | 10,700 |
| 27 | Michigan | $74,470 | ▼ 2% | 11,340 |
| 28 | Missouri | $73,660 | ▼ 3% | 7,050 |
| 29 | Maryland | $73,580 | ▼ 3% | 3,850 |
| 30 | Oklahoma | $72,990 | ▼ 4% | 4,100 |
| 31 | Indiana | $72,960 | ▼ 4% | 4,790 |
| 32 | Alaska | $72,800 | ▼ 4% | 490 |
| 33 | Montana | $71,570 | ▼ 6% | 1,180 |
| 34 | Florida | $71,090 | ▼ 6% | 18,830 |
| 35 | Idaho | $71,070 | ▼ 6% | 2,030 |
| 36 | Arkansas | $70,260 | ▼ 7% | 2,610 |
| 37 | Pennsylvania | $69,300 | ▼ 9% | 8,140 |
| 38 | Georgia | $68,490 | ▼ 10% | 9,540 |
| 39 | Alabama | $66,710 | ▼ 12% | 5,050 |
| 40 | Texas | $66,370 | ▼ 13% | 21,200 |
| 41 | Nevada | $64,500 | ▼ 15% | 2,580 |
| 42 | Hawaii | $63,740 | ▼ 16% | 980 |
| 43 | South Carolina | $63,220 | ▼ 17% | 4,140 |
| 44 | Tennessee | $62,800 | ▼ 17% | 6,510 |
| 45 | New Mexico | $62,610 | ▼ 17% | 1,140 |
| 46 | Arizona | $62,160 | ▼ 18% | 10,020 |
| 47 | Kentucky | $62,090 | ▼ 18% | 3,940 |
| 48 | Louisiana | $61,110 | ▼ 19% | 2,810 |
| 49 | Mississippi | $60,260 | ▼ 21% | 3,450 |
| 50 | Utah | $59,440 | ▼ 22% | 3,990 |
| 51 | West Virginia | $57,580 | ▼ 24% | 1,290 |
The national median annual salary for loan officers is $75,854, about $36.47 per hour, according to BLS OEWS data.
Massachusetts tops the list at $101,600 per year.
West Virginia has the lowest median at $57,580.
At the national median, loan officers earn about $36.47 per hour (based on a 2,080-hour work year).
The table above shows total jobs per state; states with the largest numbers of loan officers include California.