Salary Range — 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $61,280 | $29.46 |
| 25th percentile | $76,530 | $36.79 |
| 50th percentile (median) | $93,430 | $44.92 |
| 75th percentile | $133,110 | $63.99 |
| 90th percentile (top earners) | $174,990 | $84.13 |
| Mean (average) | $109,310 | $52.55 |
How Massachusetts Compares
| State | Median Annual | vs. Massachusetts |
|---|---|---|
| Massachusetts (current) | $93,430 | — |
| District of Columbia | $102,200 | +9% |
| New York | $98,940 | +6% |
| New Jersey | $95,090 | +2% |
| Vermont | $86,490 | -7% |
| Minnesota | $84,480 | -10% |
| North Dakota | $82,990 | -11% |
| Kansas | $82,540 | -12% |
| Delaware | $80,760 | -14% |
Showing top-paying states with available data. View all states →
Related Occupations in Massachusetts
| Occupation | Median Annual | Employment |
|---|---|---|
| Market Research Analysts and Marketing Specialists | $93,430 | 37,320 |
| Compensation, Benefits, and Job Analysis Specialists | $93,450 | 3,100 |
| Compliance Officers | $92,890 | 11,460 |
| Social Workers, All Other | $94,000 | 590 |
| Career/Technical Education Teachers, Secondary School | $92,600 | 2,890 |
| Brickmasons and Blockmasons | $94,370 | 1,170 |
Frequently Asked Questions
What is the average Loan Officers salary in Massachusetts?
The mean loan officers salary in Massachusetts is $109,310 per year. The median (middle) salary is $93,430 per year. Source: BLS OEWS 2024.
What is the starting salary for a Loan Officers in Massachusetts?
Entry-level loan officerss (10th percentile) in Massachusetts typically earn around $61,280 per year. Workers at the 25th percentile earn approximately $76,530 per year.
What is the highest Loan Officers salary in Massachusetts?
Top earners (90th percentile) in this occupation in Massachusetts make approximately $174,990 per year. Those in the 75th percentile earn around $133,110 per year.
How does the Massachusetts Loan Officers salary compare to the national average?
The median loan officers salary in Massachusetts is $93,430, which is +26% above 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