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Loan Officers Salary in Mississippi
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Mississippi?
Last updated: 2025 data from the Bureau of Labor Statistics
$60,260
Median Annual Salary
▲
+0.5% vs 2024
$73,480
Mean Salary
$60,260
Median Salary
$28.97
Hourly Rate
3,450 people work as Loan Officers in Mississippi
Loan Officers salary by percentile in Mississippi
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Mississippi earn a median salary of $60,260 per year ($5,021/month).
This is 21.1% below the national average of $76,354.
Mississippi ranks #49 out of 51 states for Loan Officers pay.
Approximately 3,450 people work in this occupation across Mississippi.
Salaries increased by 0.5% 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 Mississippi range from $37,030 at the 10th percentile (entry level) to $131,510 at the 90th percentile (experienced). The middle 50% earn between $44,930 and $83,330.
Median $60,260
P10: $37,030P25: $44,930P75: $83,330P90: $131,510
10th
$37,030
25th
$44,930
Median
$60,260
75th
$83,330
90th
$131,510
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$37,030
$17.80
$3,085
25th Percentile
$44,930
$21.60
$3,744
Median (50th)
$60,260
$28.97
$5,021
75th Percentile
$83,330
$40.06
$6,944
90th Percentile (Experienced)
$131,510
$63.23
$10,959
Note: The mean (average) salary of $73,480 differs from the median because salary distributions are typically skewed by high earners.
The median annual salary for Loan Officers in Mississippi is $60,260 as of 2025. The average (mean) salary is $73,480.
What is the salary range for a Loan Officers in Mississippi?
Salaries for Loan Officers in Mississippi range from $37,030 at the 10th percentile to $131,510 at the 90th percentile. The middle 50% earn between $44,930 and $83,330.
What is the starting salary for a Loan Officers in Mississippi?
Entry-level Loan Officers positions in Mississippi typically start around $37,030 (10th percentile). With some experience, salaries rise to $44,930 (25th percentile).
How many people work as Loan Officers in Mississippi?
According to 2025 BLS data, approximately 3,450 people are employed as Loan Officers in Mississippi.
What is the hourly rate for a Loan Officers in Mississippi?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Mississippi is approximately $28.97 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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