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Loan Officers Salary in Ohio
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Ohio?
Last updated: 2025 data from the Bureau of Labor Statistics
$76,370
Median Annual Salary
▲
+10.3% vs 2024
$83,960
Mean Salary
$76,370
Median Salary
$36.72
Hourly Rate
9,880 people work as Loan Officers in Ohio
Loan Officers salary by percentile in Ohio
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Ohio earn a median salary of $76,370 per year ($6,364/month).
This is 0.0% equal to the national average of $76,354.
Ohio ranks #25 out of 51 states for Loan Officers pay.
Approximately 9,880 people work in this occupation across Ohio.
Salaries increased by 10.3% 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 Ohio range from $38,200 at the 10th percentile (entry level) to $131,980 at the 90th percentile (experienced). The middle 50% earn between $50,550 and $103,260.
The median annual salary for Loan Officers in Ohio is $76,370 as of 2025. The average (mean) salary is $83,960.
What is the salary range for a Loan Officers in Ohio?
Salaries for Loan Officers in Ohio range from $38,200 at the 10th percentile to $131,980 at the 90th percentile. The middle 50% earn between $50,550 and $103,260.
What is the starting salary for a Loan Officers in Ohio?
Entry-level Loan Officers positions in Ohio typically start around $38,200 (10th percentile). With some experience, salaries rise to $50,550 (25th percentile).
How many people work as Loan Officers in Ohio?
According to 2025 BLS data, approximately 9,880 people are employed as Loan Officers in Ohio.
What is the hourly rate for a Loan Officers in Ohio?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Ohio is approximately $36.72 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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