Loan Officers Pay Range in Missouri
Pay distribution across experience levels
- 10th Percentile — Entry Level$38,910
- 25th Percentile — Junior$51,300
- 50th Percentile — Median$73,660
- 75th Percentile — Senior$98,270
- 90th Percentile — Top Earners$136,130
Half of Loan Officers in Missouri earn more than $73,660. The top 10% make $136,130 or more, while entry-level workers start around $38,910.
Loan Officers in Missouri: Key Facts
Source: BLS OEWS May 2025
- Missouri ranks 35th of 51 states for Loan Officers pay, at $82,180 per year (6.4% below the U.S. average of $87,790).
- 7,050 people work as Loan Officers in Missouri — 2.6% of all U.S. Loan Officers jobs.
- Location quotient 1.36: Loan Officers jobs are more concentrated in Missouri than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $38,910; the top 10% earn over $136,130.
- Hourly equivalent: $39.51 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in Missouri, Personal Financial Advisors pays the most ($136,640).
Loan Officers Job Market in Missouri
Key factors affecting compensation
Missouri's key industries are Healthcare, Finance, Agriculture, and its job market is rated moderate. Loan Officers here earn $82,180 on average, placing the state 35th nationally.
With a cost-of-living index of 0.87 (U.S. = 1.00), a Missouri salary of $82,180 is roughly equivalent to $94,460 at the national average cost of living.
Compared with nearby states in the pay ranking, Michigan ($83,990), Ohio ($83,960), Alabama ($83,410) 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 Missouri
Related career salary benchmarks
- Personal Financial Advisors $136,640/yr Missouri +66.3% vs this role
- Management Analysts $103,390/yr Missouri +25.8% vs this role
- Financial and Investment Analysts $103,130/yr Missouri +25.5% vs this role
- Project Management Specialists $99,600/yr Missouri +21.2% vs this role
- Financial Examiners $90,270/yr Missouri +9.8% vs this role
- Business Operations Specialists All Other $89,780/yr Missouri +9.2% vs this role
- Budget Analysts $89,000/yr Missouri +8.3% vs this role
- Accountants and Auditors $83,180/yr Missouri +1.2% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in Missouri?
The average Loan Officers salary in Missouri is $82,180 per year (median $73,660), which is 6.4% below the national average of $87,790.
How does Missouri rank for Loan Officers pay?
Missouri ranks 35th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in Missouri?
The lowest-paid 10% of Loan Officers in Missouri earn about $38,910 per year and the 25th percentile is $51,300.
How much do Loan Officers make per hour in Missouri?
About $39.51 per hour, based on the $82,180 annual average and 2,080 working hours per year.
How many Loan Officers work in Missouri?
BLS counts 7,050 Loan Officers jobs in Missouri (OEWS May 2025).
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