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Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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      Wages for Loan Officers in MASSACHUSETTS

      Location Pay
      Period
      2024
      10% 25% Median 75% 90%
      United States Hourly $18.51 $24.26 $35.66 $49.00 $70.09
      Yearly $38,490 $50,460 $74,180 $101,920 $145,780
      Massachusetts Hourly $29.46 $36.79 $44.92 $63.99 $84.13
      Yearly $61,280 $76,530 $93,430 $133,110 $174,990
      Barnstable Town, MA Metro Area Hourly $26.30 $34.89 $45.60 $68.93 $82.16
      Yearly $54,700 $72,580 $94,850 $143,380 $170,890
      Boston-Cambridge-Newton, MA-NH Metro Area Hourly $29.21 $36.84 $45.60 $64.63 $86.87
      Yearly $60,750 $76,630 $94,850 $134,440 $180,680
      Massachusetts Balance of State Hourly $31.54 $38.48 $42.36 $63.28 $89.12
      Yearly $65,610 $80,030 $88,110 $131,620 $185,360
      Amherst Town-Northampton, MA Metro Area Hourly $26.87 $32.48 $40.68 $61.65 $81.29
      Yearly $55,890 $67,560 $84,610 $128,230 $169,090
      Pittsfield, MA Metro Area Hourly $26.92 $31.62 $40.09 $59.83 $76.57
      Yearly $55,980 $65,760 $83,390 $124,450 $159,270
      Springfield, MA Metro Area Hourly $24.43 $32.07 $39.92 $60.70 $82.62
      Yearly $50,820 $66,710 $83,030 $126,250 $171,840
      Worcester, MA Metro Area Hourly $28.89 $31.85 $39.52 $61.10 $82.99
      Yearly $60,080 $66,250 $82,210 $127,090 $172,620
      Providence-Warwick, RI-MA Metro Area Hourly $23.39 $28.66 $37.47 $47.83 $64.01
      Yearly $48,650 $59,610 $77,930 $99,480 $133,130