Maryland ranks 26th of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $28,860 — a 39% gap.
Loan Officers are less concentrated in Maryland than the U.S. average — a location quotient of 0.77 means the occupation's share of local jobs is 1.30× below the national share.
Maryland employs roughly 1.4% of all loan officers in the country (3,990 workers).
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 | n/a |
| 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.
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.