Last updated: 2025 BLS data · Page refreshed:
Rhode Island employs 1,290 Loan Officers professionals, below the national average concentration.
Data: BLS OEWS 2025 • Rhode Island employment outlook • Updated 2026-05-19
The location quotient (LQ) of 0.24 indicates that Rhode Island has a below-average concentration of Loan Officers professionals. This may suggest fewer local opportunities compared to other states, though national trends should also be considered.
Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.
The average annual salary for a Loan Officers in Rhode Island is $82,690. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.
Rhode Island employs approximately 1,290 Loan Officers professionals (2025 BLS data). This ranks Rhode Island for this occupation nationwide.
Rhode Island has average or below-average concentration of Loan Officers jobs (LQ: 0.24). A Location Quotient above 1.0 indicates higher-than-average demand.
The average (mean) salary for Loan Officers in Rhode Island is $82690/year. See our detailed salary page for percentile breakdowns.
Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.
The top state for Loan Officers employment is California with 25,790 jobs.
Explore cost of living, median household income, and demographics for Rhode Island's largest cities.
Compare tuition, admissions, and graduate outcomes at Rhode Island's leading institutions.
Compare Loan Officers labor-market data (jobs, location quotient, salary) across the top-employing states.
Drill deeper into Loan Officers pay, hiring, and education data for Rhode Island.
Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2025. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Loan Officers (SOC 132072) in Rhode Island.