📊 BLS Official Data · May 2025 Release

Mortgage Loan Officer Salary in Rhode Island (2026)

Rhode Island · 15.0% above national average · Medium Demand

Average
$95,162
per year
Median
$76,015
per year
Hourly
$45.75
per hour
🏛️ Source: U.S. Bureau of Labor Statistics
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$50,534
25th Percentile — Junior$74,652
50th Percentile — Median$76,015
75th Percentile — Senior$128,917
90th Percentile — Top Earners$151,886
💡 Top-earning Mortgage Loan Officers in Rhode Island make up to $151,886 per year. The job market in Rhode Island is rated moderate, with key industries including Healthcare, Education, Manufacturing.
📈
Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$86.2k
2021
$87.9k
2022
$89.7k
2023
$91.5k
2024
$93.3k
2025
$95.2k
2026
📈 Mortgage Loan Officer salaries in Rhode Island have followed the national trend with 2.0% annual growth. The strong presence in Rhode Island's job market supports continued salary increases.
🗺️
Mortgage Loan Officer Salary by City in Rhode Island
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Statewide Average $95,162 +0% Medium
🔍
Mortgage Loan Officer Job Market in Rhode Island
Key factors affecting compensation

Rhode Island is home to a moderate job market for Mortgage Loan Officers. The state's key industries — Healthcare, Education, Manufacturing — generate significant demand for skilled professionals. At $95,162 per year, Rhode Island's Mortgage 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 $50,534–$74,652, while experienced Mortgage Loan Officers can command $128,917–$151,886.

Looking ahead, the Mortgage Loan Officer profession in Rhode Island is projected to grow at 2.0% 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
⚖️
Compare with Similar Jobs
Related career salary benchmarks
Frequently Asked Questions
Common questions about this salary
  • The average Mortgage Loan Officer salary in Rhode Island is $95,162 per year in 2026, which is 15.0% above the national average of $82,750.
  • Major metro areas typically pay Mortgage 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 Mortgage Loan Officer employment.
  • At $95,162/year, Rhode Island Mortgage Loan Officer salaries are 15.0% higher than the national average of $82,750/year.