Salary Range — 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $43,540 | $20.94 |
| 25th percentile | $52,120 | $25.06 |
| 50th percentile (median) | $73,340 | $35.26 |
| 75th percentile | $96,770 | $46.52 |
| 90th percentile (top earners) | $158,270 | $76.09 |
| Mean (average) | $88,000 | $42.31 |
How Maryland Compares
| State | Median Annual | vs. Maryland |
|---|---|---|
| Maryland (current) | $73,340 | — |
| District of Columbia | $102,200 | +39% |
| New York | $98,940 | +35% |
| New Jersey | $95,090 | +30% |
| Massachusetts | $93,430 | +27% |
| Vermont | $86,490 | +18% |
| Minnesota | $84,480 | +15% |
| North Dakota | $82,990 | +13% |
| Kansas | $82,540 | +13% |
Showing top-paying states with available data. View all states →
Related Occupations in Maryland
| Occupation | Median Annual | Employment |
|---|---|---|
| Training and Development Specialists | $73,220 | 8,680 |
| Market Research Analysts and Marketing Specialists | $73,560 | 12,080 |
| First-Line Supervisors of Production and Operating Workers | $73,830 | 6,440 |
| Teachers and Instructors, All Other | $72,820 | 3,440 |
| Probation Officers and Correctional Treatment Specialists | $72,770 | 1,680 |
| Fundraisers | $72,740 | 2,270 |
Frequently Asked Questions
What is the average Loan Officers salary in Maryland?
The mean loan officers salary in Maryland is $88,000 per year. The median (middle) salary is $73,340 per year. Source: BLS OEWS 2024.
What is the starting salary for a Loan Officers in Maryland?
Entry-level loan officerss (10th percentile) in Maryland typically earn around $43,540 per year. Workers at the 25th percentile earn approximately $52,120 per year.
What is the highest Loan Officers salary in Maryland?
Top earners (90th percentile) in this occupation in Maryland make approximately $158,270 per year. Those in the 75th percentile earn around $96,770 per year.
How does the Maryland Loan Officers salary compare to the national average?
The median loan officers salary in Maryland is $73,340, which is -1% below national average of $74,180.
Data Source: This data is sourced from the U.S. Bureau of Labor Statistics,
Occupational Employment and Wage Statistics (OEWS) program, May 2024 release.
All wages are estimates. Actual salaries may vary based on experience, education,
employer, and other factors. bls.gov/oes