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How much does a loan officer make in Salem?

$93,410a year

Median yearly pay for loan officers in the Salem, OR metro area. That is $44.91 an hour or $7,784 a month.

Hourly
$44.91
Vs. national median
+22%
Rank among cities
34 of 383
Jobs in the area
320
Pay range
Lowest 10%: $54,670Median: $93,410Highest 10%: $179,300
PercentileYearlyHourly
10th$54,670$26.28
25th$66,620$32.03
Median$93,410$44.91
75th$117,900$56.69
90th$179,300$86.21

Other cities in Oregon

Median yearly pay for loan officers.

Corvallis, OR$97,340
Portland, OR$96,100
Grants Pass, OR$94,220
Medford, OR$90,850
Albany, OR$90,030
Bend, OR$81,720
Eugene, OR$80,720
Loan Officer salary in Oregon Loan Officer salary in all states

Related jobs in Salem

Same field, median yearly pay.

Financial and Investment Analyst$110,500
Personal Financial Advisor$104,000
Project Management Specialist$102,700
Financial Specialist$100,400
Management Analyst$99,090
Budget Analyst$98,110
Financial Examiner$93,560
Claims Adjuster$90,270
Compensation$88,110
Accountant and Auditor$87,480
Salaries for every job in Salem, OR

Frequently asked questions

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

The median hourly pay in the Salem, OR metro area is $44.91 ($93,410 a year).

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

Yes: $93,410 against $76,690 nationally, 22% more.

How does Salem compare with the rest of Oregon?

The median in Oregon is $94,440, so Salem pays 1% less.

Where does Salem rank for loan officer pay?

34 of 383 metro areas with data.

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

The lowest-paid 10% make $54,670 or less a year; the top 10% make $179,300 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.