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How much does a loan officer make in Cleveland?

$77,730a year

Median yearly pay for loan officers in the Cleveland, OH metro area. That is $37.37 an hour or $6,478 a month.

Hourly
$37.37
Vs. national median
+1%
Rank among cities
118 of 383
Jobs in the area
1,920
Pay range
Lowest 10%: $36,130Median: $77,730Highest 10%: $142,000
PercentileYearlyHourly
10th$36,130$17.37
25th$51,980$24.99
Median$77,730$37.37
75th$103,400$49.70
90th$142,000$68.26

Other cities in Ohio

Median yearly pay for loan officers.

Columbus, OH$82,160
Cincinnati, OH$75,300
Sandusky, OH$74,960
Toledo, OH$74,400
Akron, OH$72,080
Dayton, OH$66,070
Lima, OH$62,430
Mansfield, OH$60,750
Youngstown, OH$60,530
Wheeling, WV$59,060
Canton, OH$57,720
Huntington, WV$57,000
Weirton, WV$52,380
Loan Officer salary in Ohio Loan Officer salary in all states

Related jobs in Cleveland

Same field, median yearly pay.

Financial and Investment Analyst$98,320
Project Management Specialist$95,000
Financial Risk Specialist$93,730
Tax Examiner and Collector$92,520
Budget Analyst$90,940
Management Analyst$88,260
Financial Specialist$84,910
Personal Financial Advisor$81,130
Accountant and Auditor$80,000
Credit Analyst$79,720
Salaries for every job in Cleveland, OH

Frequently asked questions

How much does a loan officer make an hour in Cleveland?

The median hourly pay in the Cleveland, OH metro area is $37.37 ($77,730 a year).

Do loan officers make more in Cleveland than the national average?

Yes: $77,730 against $76,690 nationally, 1% more.

How does Cleveland compare with the rest of Ohio?

The median in Ohio is $76,370, so Cleveland pays 2% more.

Where does Cleveland rank for loan officer pay?

118 of 383 metro areas with data.

How much does a loan officer make starting out in Cleveland?

The lowest-paid 10% make $36,130 or less a year; the top 10% make $142,000 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.