How much does a loan officer make in Worcester?
$94,220a year
Median yearly pay for loan officers in the Worcester, MA metro area. That is $45.30 an hour or $7,852 a month.
- Hourly
- $45.30
- Vs. national median
- +23%
- Rank among cities
- 32 of 383
- Jobs in the area
- 320
Pay range
Lowest 10%: $58,890Median: $94,220Highest 10%: $168,600
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $58,890 | $28.31 | |
| 25th | $76,290 | $36.68 | |
| Median | $94,220 | $45.30 | |
| 75th | $127,800 | $61.44 | |
| 90th | $168,600 | $81.07 |
Other cities in Massachusetts
Median yearly pay for loan officers.
| Boston, MA | $103,400 |
| Amherst Town, MA | $96,540 |
| Barnstable Town, MA | $96,080 |
| Pittsfield, MA | $94,920 |
| Springfield, MA | $89,480 |
| Providence, RI | $78,500 |
Related jobs in Worcester
Same field, median yearly pay.
| Management Analyst | $122,200 |
| Personal Financial Advisor | $120,400 |
| Labor Relations Specialist | $112,200 |
| Tax Examiner and Collector | $109,400 |
| Project Management Specialist | $100,300 |
| Financial and Investment Analyst | $98,960 |
| Logistician | $98,390 |
| Insurance Underwriter | $98,000 |
| Accountant and Auditor | $94,070 |
| Financial Risk Specialist | $92,670 |
Frequently asked questions
How much does a loan officer make an hour in Worcester?
The median hourly pay in the Worcester, MA metro area is $45.30 ($94,220 a year).
Do loan officers make more in Worcester than the national average?
Yes: $94,220 against $76,690 nationally, 23% more.
How does Worcester compare with the rest of Massachusetts?
The median in Massachusetts is $101,600, so Worcester pays 7% less.
Where does Worcester rank for loan officer pay?
32 of 383 metro areas with data.
How much does a loan officer make starting out in Worcester?
The lowest-paid 10% make $58,890 or less a year; the top 10% make $168,600 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.