Loan Officers Salary in Pennsylvania
SOC 13-2072 · Pennsylvania · BLS OEWS May 2024
The median salary for Loan Officers in Pennsylvania is $61,464 per year ($29.55/hr). This is 17.1% lower than the national median of $74,173. The middle 50% earn between $47,112 and $82,826 annually. Top earners at the 90th percentile reach $124,072.
Wage Percentiles: Pennsylvania
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $18.14 | $37,731 | -2.0% |
| P25 | $22.65 | $47,112 | -6.6% |
| P50MEDIAN | $29.55 | $61,464 | -17.1% |
| P75 | $39.82 | $82,826 | -18.7% |
| P90 | $59.65 | $124,072 | -14.9% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median loan officers salary in Pennsylvania?
The median (P50) annual salary for Loan Officers in Pennsylvania is approximately $61,464, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 17.1% lower than the national median of $74,173.
What is the salary range for entry-level loan officers in Pennsylvania?
Entry-level Loan Officers (10th percentile) in Pennsylvania earn approximately $37,731 per year. The 25th percentile is $47,112. Top earners (90th percentile) reach $124,072.
How does Pennsylvania compare to the national average for loan officers?
Pennsylvania pays 17.1% lower than the national average. The national P50 is $74,173 vs $61,464 in Pennsylvania. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
Other Roles in Pennsylvania
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