Rhode Island ranks 19th of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $24,740 — a 32% gap.
The 10th-to-90th percentile range runs from $47,680 to $118,470 — a $70,790 spread, 34% tighter than the national $107,290 range.
Loan Officers are more concentrated in Rhode Island than the U.S. average — a location quotient of 1.67 means the occupation's share of local jobs is 1.67× the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $47,680 | $22.93 |
| 25th percentile | $58,980 | $28.36 |
| 50th percentile (median) | $77,460 | $37.24 |
| 75th percentile | $97,690 | $46.97 |
| 90th percentile (top earners) | $118,470 | $56.96 |
| Mean (average) | $80,110 | $38.52 |
How Rhode Island Compares
| State | Median Annual | vs. Rhode Island |
|---|---|---|
| Rhode Island (current) | $77,460 | n/a |
| District of Columbia | $102,200 | +32% |
| New York | $98,940 | +28% |
| New Jersey | $95,090 | +23% |
| Massachusetts | $93,430 | +21% |
| Vermont | $86,490 | +12% |
| Minnesota | $84,480 | +9% |
| North Dakota | $82,990 | +7% |
| Kansas | $82,540 | +7% |
Showing top-paying states with available data. View all states →
Related Occupations in Rhode Island
| Occupation | Median Annual | Employment |
|---|---|---|
| Market Research Analysts and Marketing Specialists | $77,630 | 3,540 |
| Police and Sheriff's Patrol Officers | $77,280 | 1,780 |
| Logisticians | $77,830 | 550 |
| Special Education Teachers, Kindergarten and Elementary School | $77,930 | 1,210 |
| Licensed Practical and Licensed Vocational Nurses | $77,940 | 1,080 |
| Buyers and Purchasing Agents | $78,110 | 1,350 |
Frequently Asked Questions
What is the average Loan Officers salary in Rhode Island?
The mean loan officers salary in Rhode Island is $80,110 per year. The median (middle) salary is $77,460 per year.
What is the starting salary for a Loan Officers in Rhode Island?
Entry-level loan officerss (10th percentile) in Rhode Island typically earn around $47,680 per year. Workers at the 25th percentile earn approximately $58,980 per year.
What is the highest Loan Officers salary in Rhode Island?
Top earners (90th percentile) in this occupation in Rhode Island make approximately $118,470 per year. Those in the 75th percentile earn around $97,690 per year.
How does the Rhode Island Loan Officers salary compare to the national average?
The median loan officers salary in Rhode Island is $77,460, which is +4% above national average of $74,180.