Loan Officers Pay Range in Kentucky
Pay distribution across experience levels
- 10th Percentile — Entry Level$41,620
- 25th Percentile — Junior$47,860
- 50th Percentile — Median$62,090
- 75th Percentile — Senior$92,990
- 90th Percentile — Top Earners$124,520
Half of Loan Officers in Kentucky earn more than $62,090. The top 10% make $124,520 or more, while entry-level workers start around $41,620.
Loan Officers in Kentucky: Key Facts
Source: BLS OEWS May 2025
- Kentucky ranks 45th of 51 states for Loan Officers pay, at $74,870 per year (14.7% below the U.S. average of $87,790).
- 3,940 people work as Loan Officers in Kentucky — 1.4% of all U.S. Loan Officers jobs.
- Location quotient 1.12: Loan Officers jobs are more concentrated in Kentucky than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $41,620; the top 10% earn over $124,520.
- Hourly equivalent: $36.0 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in Kentucky, Personal Financial Advisors pays the most ($124,320).
Loan Officers Job Market in Kentucky
Key factors affecting compensation
Kentucky's key industries are Manufacturing, Healthcare, Agriculture, and its job market is rated moderate. Loan Officers here earn $74,870 on average, placing the state 45th nationally.
With a cost-of-living index of 0.83 (U.S. = 1.00), a Kentucky salary of $74,870 is roughly equivalent to $90,205 at the national average cost of living.
Compared with nearby states in the pay ranking, South Carolina ($77,890), Montana ($77,390), Arizona ($77,060) are the closest alternatives for Loan Officers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in Kentucky
Related career salary benchmarks
- Personal Financial Advisors $124,320/yr Kentucky +66.0% vs this role
- Management Analysts $97,790/yr Kentucky +30.6% vs this role
- Financial and Investment Analysts $90,010/yr Kentucky +20.2% vs this role
- Project Management Specialists $89,470/yr Kentucky +19.5% vs this role
- Financial Examiners $87,750/yr Kentucky +17.2% vs this role
- Credit Analysts $87,210/yr Kentucky +16.5% vs this role
- Budget Analysts $81,510/yr Kentucky +8.9% vs this role
- Accountants and Auditors $80,790/yr Kentucky +7.9% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in Kentucky?
The average Loan Officers salary in Kentucky is $74,870 per year (median $62,090), which is 14.7% below the national average of $87,790.
How does Kentucky rank for Loan Officers pay?
Kentucky ranks 45th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in Kentucky?
The lowest-paid 10% of Loan Officers in Kentucky earn about $41,620 per year and the 25th percentile is $47,860.
How much do Loan Officers make per hour in Kentucky?
About $36.0 per hour, based on the $74,870 annual average and 2,080 working hours per year.
How many Loan Officers work in Kentucky?
BLS counts 3,940 Loan Officers jobs in Kentucky (OEWS May 2025).
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