How much does a loan officer make in Massachusetts?
$101,600a year
Median yearly pay for loan officers in Massachusetts. That is $48.85 an hour or $8,467 a month.
- Hourly
- $48.85
- Vs. national median
- +32%
- Rank among states
- 1 of 51
- Jobs in the state
- 4,470
Pay range
Lowest 10%: $64,680Median: $101,600Highest 10%: $198,200
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $64,680 | $31.10 | |
| 25th | $79,760 | $38.35 | |
| Median | $101,600 | $48.85 | |
| 75th | $136,900 | $65.84 | |
| 90th | $198,200 | $95.30 |
Cities in Massachusetts
Metro areas, median yearly pay.
| Boston, MA | $103,400 |
| Amherst Town, MA | $96,540 |
| Barnstable Town, MA | $96,080 |
| Pittsfield, MA | $94,920 |
| Worcester, MA | $94,220 |
| Springfield, MA | $89,480 |
| Providence, RI | $78,500 |
Nearby in the ranking
States with similar pay for loan officers.
| 1. Massachusetts | $101,600 |
| 2. Connecticut | $95,730 |
| 3. New York | $95,710 |
| 4. Minnesota | $95,170 |
Frequently asked questions
How much does a loan officer make an hour in Massachusetts?
The median hourly pay in Massachusetts is $48.85 ($101,600 a year).
Do loan officers make more in Massachusetts than the national average?
Yes: $101,600 against $76,690 nationally, 32% more.
Where does Massachusetts rank for loan officer pay?
Massachusetts ranks 1 of 51 states.
Which city in Massachusetts pays loan officers the most?
Boston-Cambridge-Newton, MA-NH, with a median of $103,400 a year.
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.