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Loan Officers Salary in Pennsylvania
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Pennsylvania?
Last updated: 2025 data from the Bureau of Labor Statistics
$69,300
Median Annual Salary
▲
+12.7% vs 2024
$80,450
Mean Salary
$69,300
Median Salary
$33.32
Hourly Rate
8,140 people work as Loan Officers in Pennsylvania
Loan Officers salary by percentile in Pennsylvania
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Pennsylvania earn a median salary of $69,300 per year ($5,775/month).
This is 9.2% below the national average of $76,354.
Pennsylvania ranks #37 out of 51 states for Loan Officers pay.
Approximately 8,140 people work in this occupation across Pennsylvania.
Salaries increased by 12.7% 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 Pennsylvania range from $39,990 at the 10th percentile (entry level) to $132,900 at the 90th percentile (experienced). The middle 50% earn between $49,150 and $99,750.
Median $69,300
P10: $39,990P25: $49,150P75: $99,750P90: $132,900
10th
$39,990
25th
$49,150
Median
$69,300
75th
$99,750
90th
$132,900
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$39,990
$19.23
$3,332
25th Percentile
$49,150
$23.63
$4,095
Median (50th)
$69,300
$33.32
$5,775
75th Percentile
$99,750
$47.96
$8,312
90th Percentile (Experienced)
$132,900
$63.89
$11,075
Note: The mean (average) salary of $80,450 differs from the median because salary distributions are typically skewed by high earners.
The median annual salary for Loan Officers in Pennsylvania is $69,300 as of 2025. The average (mean) salary is $80,450.
What is the salary range for a Loan Officers in Pennsylvania?
Salaries for Loan Officers in Pennsylvania range from $39,990 at the 10th percentile to $132,900 at the 90th percentile. The middle 50% earn between $49,150 and $99,750.
What is the starting salary for a Loan Officers in Pennsylvania?
Entry-level Loan Officers positions in Pennsylvania typically start around $39,990 (10th percentile). With some experience, salaries rise to $49,150 (25th percentile).
How many people work as Loan Officers in Pennsylvania?
According to 2025 BLS data, approximately 8,140 people are employed as Loan Officers in Pennsylvania.
What is the hourly rate for a Loan Officers in Pennsylvania?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Pennsylvania is approximately $33.32 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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