Kentucky Median
$62,090
per year
Hourly Rate
$29.85
based on 2,080 hrs/yr
vs National
-19% vs US median
US median $76,690
State Rank
#47 of 51
3,940 employed here
How much does a Loan Officer make in Kentucky?
Loan Officers in Kentucky take home a median of $62,090 annually — roughly $29.85 an hour — which runs 19% below the national median of $76,690.
Within Kentucky, entry-level pay starts around $41,620 while the top 10% make $124,520 or more. The middle 50% of earners fall between $47,860 and $92,990 a year.
Loan Officer salary range in Kentucky
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $41,620 | $20.01 |
|
| 25th percentile (early career) | $47,860 | $23.01 |
|
| 50th percentile (median) | $62,090 | $29.85 |
|
| 75th percentile (experienced) | $92,990 | $44.71 |
|
| 90th percentile (top earners) | $124,520 | $59.87 |
|
How Kentucky compares
Kentucky ranks 47th out of 51 states and territories for Loan Officer pay. The top 5 best-paying states:
Loan Officer salary in other states
Massachusetts $101,600Connecticut $95,730New York $95,710Minnesota $95,170Colorado $94,520Oregon $94,440New Jersey $92,920District of Columbia $92,890Vermont $88,710Kansas $86,970North Dakota $84,650Iowa $83,670Delaware $83,130Maine $81,900California $81,770New Hampshire $80,660Washington $80,120South Dakota $79,920Nebraska $79,840Wyoming $79,620Illinois $79,150Virginia $78,320Wisconsin $78,290Rhode Island $77,250Ohio $76,370North Carolina $75,920Michigan $74,470Missouri $73,660Maryland $73,580Oklahoma $72,990Indiana $72,960Alaska $72,800Montana $71,570Florida $71,090Idaho $71,070Arkansas $70,260Pennsylvania $69,300Georgia $68,490Alabama $66,710Texas $66,370Nevada $64,500Hawaii $63,740South Carolina $63,220Tennessee $62,800New Mexico $62,610Arizona $62,160Louisiana $61,110Mississippi $60,260Utah $59,440West Virginia $57,580
Working as a Loan Officer in Kentucky
Nationally, about 274,000 people work as Loan Officers in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare Kentucky pay ($62,090) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does a Loan Officer make in Kentucky?
The median Loan Officer salary in Kentucky is $62,090 per year, or about $29.85 per hour, per official BLS state wage estimates. Salaries typically range from $41,620 at the entry level to $124,520 for the top 10% of earners.
How does Kentucky pay compare to the national average?
Kentucky pays Loan Officers about 19% less than the national median of $76,690. Kentucky ranks 47th out of 51 states and territories reporting this occupation.
Is Kentucky a good state for Loan Officers?
Pay runs below the national median here, at $62,090 a year. About 3,940 Loan Officers are employed in Kentucky. A lower cost of living can offset the smaller paycheck, so compare take-home value, not just salary.
What are the highest-paying jobs in Kentucky?
The highest-paying occupations in Kentucky include Cardiologist ($558,180), Airline Pilots, Copilots, and Flight Engineers ($350,950), Anesthesiologist ($347,960), based on median annual pay in official BLS state estimates.
← See the national Loan Officer salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.