📊 BLS Official Data · May 2025 Release

Loan Officer Salary in Rhode Island (2026)

Rhode Island · 15.0% above national average · Medium Demand

Average
$91,632
per year
Median
$75,474
per year
Hourly
$44.05
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$48,226
25th Percentile — Junior$71,436
50th Percentile — Median$75,474
75th Percentile — Senior$123,656
90th Percentile — Top Earners$145,792
💡 Top-earning Loan Officers in Rhode Island make up to $145,792 per year. The job market in Rhode Island is rated moderate, with key industries including Healthcare, Education, Manufacturing.
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Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$82.2k
2021
$84.0k
2022
$85.8k
2023
$87.7k
2024
$89.7k
2025
$91.6k
2026
📈 Loan Officer salaries in Rhode Island have followed the national trend with 2.2% annual growth. The strong presence in Rhode Island's job market supports continued salary increases.
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Loan Officer Salary by City in Rhode Island
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Statewide Average $91,632 +0% Medium
🔍
Loan Officer Job Market in Rhode Island
Key factors affecting compensation

Rhode Island is home to a moderate job market for Loan Officers. The state's key industries — Healthcare, Education, Manufacturing — generate significant demand for skilled professionals. At $91,632 per year, Rhode Island's Loan Officer salaries are 15.0% higher than the national average.

The cost of living in Rhode Island (index: 1.15) justifies the higher pay scale. Entry-level professionals in Rhode Island can expect to earn $48,226–$71,436, while experienced Loan Officers can command $123,656–$145,792.

Looking ahead, the Loan Officer profession in Rhode Island is projected to grow at 2.2% annually. Major employers are actively hiring, and the state's investment in Healthcare continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
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Compare with Similar Jobs
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Frequently Asked Questions
Common questions about this salary
  • The average Loan Officer salary in Rhode Island is $91,632 per year in 2026, which is 15.0% above the national average of $79,680.
  • Major metro areas typically pay Loan Officers the highest wages in Rhode Island due to higher costs of living and competitive job markets.
  • Rhode Island has a moderate job market with major industries in Healthcare, Education, Manufacturing. Opportunities exist in for Loan Officer employment.
  • At $91,632/year, Rhode Island Loan Officer salaries are 15.0% higher than the national average of $79,680/year.