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Loan Officers Salary in Kentucky
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Kentucky?
Last updated: 2025 data from the Bureau of Labor Statistics
$62,090
Median Annual Salary
▼
-9.5% vs 2024
$74,870
Mean Salary
$62,090
Median Salary
$29.85
Hourly Rate
3,940 people work as Loan Officers in Kentucky
Loan Officers salary by percentile in Kentucky
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Kentucky earn a median salary of $62,090 per year ($5,174/month).
This is 18.7% below the national average of $76,354.
Kentucky ranks #47 out of 51 states for Loan Officers pay.
Approximately 3,940 people work in this occupation across Kentucky.
Salaries decreased by 9.5% compared to 2024.
About This Job: Loan Officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
Top Skills
Active Listening
4.0
Speaking
4.0
Reading Comprehension
3.88
Judgment and Decision Making
3.88
Critical Thinking
3.75
Key Knowledge Areas
Customer and Personal Service
4.7
Economics and Accounting
3.86
English Language
3.77
Mathematics
3.69
Sales and Marketing
3.47
Typical Education: Bachelor's Degree
(68.7% of workers)
Salaries for Loan Officers in Kentucky range from $41,620 at the 10th percentile (entry level) to $124,520 at the 90th percentile (experienced). The middle 50% earn between $47,860 and $92,990.
Median $62,090
P10: $41,620P25: $47,860P75: $92,990P90: $124,520
10th
$41,620
25th
$47,860
Median
$62,090
75th
$92,990
90th
$124,520
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$41,620
$20.01
$3,468
25th Percentile
$47,860
$23.01
$3,988
Median (50th)
$62,090
$29.85
$5,174
75th Percentile
$92,990
$44.71
$7,749
90th Percentile (Experienced)
$124,520
$59.87
$10,376
Note: The mean (average) salary of $74,870 differs from the median because salary distributions are typically skewed by high earners.
The median annual salary for Loan Officers in Kentucky is $62,090 as of 2025. The average (mean) salary is $74,870.
What is the salary range for a Loan Officers in Kentucky?
Salaries for Loan Officers in Kentucky range from $41,620 at the 10th percentile to $124,520 at the 90th percentile. The middle 50% earn between $47,860 and $92,990.
What is the starting salary for a Loan Officers in Kentucky?
Entry-level Loan Officers positions in Kentucky typically start around $41,620 (10th percentile). With some experience, salaries rise to $47,860 (25th percentile).
How many people work as Loan Officers in Kentucky?
According to 2025 BLS data, approximately 3,940 people are employed as Loan Officers in Kentucky.
What is the hourly rate for a Loan Officers in Kentucky?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Kentucky is approximately $29.85 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
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