Loan Officers Pay Range in Montana
Pay distribution across experience levels
- 10th Percentile — Entry Level$48,130
- 25th Percentile — Junior$55,830
- 50th Percentile — Median$71,570
- 75th Percentile — Senior$96,100
- 90th Percentile — Top Earners$123,130
Half of Loan Officers in Montana earn more than $71,570. The top 10% make $123,130 or more, while entry-level workers start around $48,130.
Loan Officers in Montana: Key Facts
Source: BLS OEWS May 2025
- Montana ranks 42nd of 51 states for Loan Officers pay, at $77,390 per year (11.8% below the U.S. average of $87,790).
- 1,180 people work as Loan Officers in Montana — 0.4% of all U.S. Loan Officers jobs.
- Location quotient 1.31: Loan Officers jobs are more concentrated in Montana than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $48,130; the top 10% earn over $123,130.
- Hourly equivalent: $37.21 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in Montana, Personal Financial Advisors pays the most ($126,570).
Loan Officers Job Market in Montana
Key factors affecting compensation
Montana's key industries are Agriculture, Tourism, Energy, and its job market is rated moderate. Loan Officers here earn $77,390 on average, placing the state 42nd nationally.
With a cost-of-living index of 0.95 (U.S. = 1.00), a Montana salary of $77,390 is roughly equivalent to $81,463 at the national average cost of living.
Compared with nearby states in the pay ranking, Pennsylvania ($80,450), Texas ($79,410), Indiana ($78,980) 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 Montana
Related career salary benchmarks
- Personal Financial Advisors $126,570/yr Montana +63.5% vs this role
- Financial and Investment Analysts $111,160/yr Montana +43.6% vs this role
- Project Management Specialists $96,530/yr Montana +24.7% vs this role
- Financial Examiners $94,100/yr Montana +21.6% vs this role
- Management Analysts $93,910/yr Montana +21.3% vs this role
- Logisticians $88,140/yr Montana +13.9% vs this role
- Credit Analysts $84,600/yr Montana +9.3% vs this role
- Accountants and Auditors $82,750/yr Montana +6.9% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in Montana?
The average Loan Officers salary in Montana is $77,390 per year (median $71,570), which is 11.8% below the national average of $87,790.
How does Montana rank for Loan Officers pay?
Montana ranks 42nd out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in Montana?
The lowest-paid 10% of Loan Officers in Montana earn about $48,130 per year and the 25th percentile is $55,830.
How much do Loan Officers make per hour in Montana?
About $37.21 per hour, based on the $77,390 annual average and 2,080 working hours per year.
How many Loan Officers work in Montana?
BLS counts 1,180 Loan Officers jobs in Montana (OEWS May 2025).
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