Loan Officers Pay Range in Pennsylvania
Pay distribution across experience levels
- 10th Percentile — Entry Level$39,990
- 25th Percentile — Junior$49,150
- 50th Percentile — Median$69,300
- 75th Percentile — Senior$99,750
- 90th Percentile — Top Earners$132,900
Half of Loan Officers in Pennsylvania earn more than $69,300. The top 10% make $132,900 or more, while entry-level workers start around $39,990.
Loan Officers in Pennsylvania: Key Facts
Source: BLS OEWS May 2025
- Pennsylvania ranks 38th of 51 states for Loan Officers pay, at $80,450 per year (8.4% below the U.S. average of $87,790).
- 8,140 people work as Loan Officers in Pennsylvania — 3.0% of all U.S. Loan Officers jobs.
- Location quotient 0.76: Loan Officers jobs are less concentrated in Pennsylvania than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $39,990; the top 10% earn over $132,900.
- Hourly equivalent: $38.68 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in Pennsylvania, Personal Financial Advisors pays the most ($165,100).
Loan Officers Job Market in Pennsylvania
Key factors affecting compensation
Pennsylvania's key industries are Healthcare, Education, Finance, and its job market is rated strong. Loan Officers here earn $80,450 on average, placing the state 38th nationally.
With a cost-of-living index of 0.99 (U.S. = 1.00), a Pennsylvania salary of $80,450 is roughly equivalent to $81,263 at the national average cost of living.
Compared with nearby states in the pay ranking, Rhode Island ($82,690), Missouri ($82,180), Hawaii ($81,330) 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 Pennsylvania
Related career salary benchmarks
- Personal Financial Advisors $165,100/yr Pennsylvania +105.2% vs this role
- Project Management Specialists $106,910/yr Pennsylvania +32.9% vs this role
- Management Analysts $100,450/yr Pennsylvania +24.9% vs this role
- Financial and Investment Analysts $98,530/yr Pennsylvania +22.5% vs this role
- Compliance Officers $93,230/yr Pennsylvania +15.9% vs this role
- Financial Examiners $92,710/yr Pennsylvania +15.2% vs this role
- Credit Analysts $92,440/yr Pennsylvania +14.9% vs this role
- Business Operations Specialists All Other $89,710/yr Pennsylvania +11.5% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in Pennsylvania?
The average Loan Officers salary in Pennsylvania is $80,450 per year (median $69,300), which is 8.4% below the national average of $87,790.
How does Pennsylvania rank for Loan Officers pay?
Pennsylvania ranks 38th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in Pennsylvania?
The lowest-paid 10% of Loan Officers in Pennsylvania earn about $39,990 per year and the 25th percentile is $49,150.
How much do Loan Officers make per hour in Pennsylvania?
About $38.68 per hour, based on the $80,450 annual average and 2,080 working hours per year.
How many Loan Officers work in Pennsylvania?
BLS counts 8,140 Loan Officers jobs in Pennsylvania (OEWS May 2025).
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