SALARY · LOAN OFFICERS · MASSACHUSETTS
Loan Officers salary in Massachusetts
Before you accept an offer, it helps to know what typical pay looks like where the job actually sits. For loan officers in Massachusetts, BLS put the median at $101,600 a year. The percentiles below show what the lower and upper parts of the field looked like.
MEDIAN ANNUAL SALARY
$49 per hour at the median · That is $24,910 (32.5 percent) above the national median of $76,690 for this occupation.
Salary range
| Measure | Annual |
|---|---|
| 25th percentile | $79,760 |
| Median (50th percentile) | $101,600 |
| 75th percentile | $136,940 |
| Mean | $118,390 |
The middle half of workers earned from $79,760 to $136,940 a year. The gap between the mean and the median tells its own story. When the mean sits above the median, a smaller group at the top is pulling the average up. When the two are close, pay is more even across the field.
What stays in your pocket on the median salary
ESTIMATED TAKE-HOME PAY
Caveat: the Massachusetts figure excludes the optional Social Security and Medicare deduction, worth up to $100 of tax.
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