TN · SOC 13-2072 · Most current data

Loan Officers Salary in Tennessee

Median Annual Salary $63,160 -15% below national average (national: $74,180)
$73,980Mean Annual
$30Median Hourly
7,610Employed in State

Tennessee ranks 42nd of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $39,040 — a 62% gap.

The 10th-to-90th percentile range runs from $38,330 to $117,820 — a $79,490 spread, 26% tighter than the national $107,290 range.

Loan Officers are more concentrated in Tennessee than the U.S. average — a location quotient of 1.23 means the occupation's share of local jobs is 1.23× the national share.

Salary Range: 10th to 90th Percentile

$63,160
$38,330
10th pct.
$117,820
90th pct.

Full Percentile Breakdown

PercentileAnnual WageHourly Wage
10th percentile (entry-level)$38,330$18.43
25th percentile$48,470$23.30
50th percentile (median)$63,160$30.36
75th percentile$87,110$41.88
90th percentile (top earners)$117,820$56.64
Mean (average)$73,980$35.57

How Tennessee Compares

StateMedian Annualvs. Tennessee
Tennessee (current) $63,160 n/a
District of Columbia $102,200 +62%
New York $98,940 +57%
New Jersey $95,090 +51%
Massachusetts $93,430 +48%
Vermont $86,490 +37%
Minnesota $84,480 +34%
North Dakota $82,990 +31%
Kansas $82,540 +31%

Showing top-paying states with available data. View all states →

Related Occupations in Tennessee

OccupationMedian AnnualEmployment
First-Line Supervisors of Production and Operating Workers $63,140 18,810
Postal Service Clerks $63,270 1,340
Physical Therapist Assistants $62,920 3,140
Producers and Directors $63,410 1,850
Brickmasons and Blockmasons $63,440 1,080
Industrial Machinery Mechanics $62,830 10,100

Frequently Asked Questions

What is the average Loan Officers salary in Tennessee?

The mean loan officers salary in Tennessee is $73,980 per year. The median (middle) salary is $63,160 per year.

What is the starting salary for a Loan Officers in Tennessee?

Entry-level loan officerss (10th percentile) in Tennessee typically earn around $38,330 per year. Workers at the 25th percentile earn approximately $48,470 per year.

What is the highest Loan Officers salary in Tennessee?

Top earners (90th percentile) in this occupation in Tennessee make approximately $117,820 per year. Those in the 75th percentile earn around $87,110 per year.

How does the Tennessee Loan Officers salary compare to the national average?

The median loan officers salary in Tennessee is $63,160, which is -15% below national average of $74,180.

Figures use the most current federal occupational wage survey. All wages are estimates; actual pay varies by experience, education, and employer. About the data.