Ohio Median
$76,370
per year
Hourly Rate
$36.72
based on 2,080 hrs/yr
vs National
+-0% vs US median
US median $76,690
State Rank
#25 of 51
9,880 employed here
How much does a Loan Officer make in Ohio?
A Loan Officer working in Ohio earns a median salary of $76,370 per year, or about $36.72 per hour. That is 0% above the national median of $76,690 for this occupation.
Within Ohio, entry-level pay starts around $38,200 while the top 10% make $131,980 or more. The middle 50% of earners fall between $50,550 and $103,260 a year.
Loan Officer salary range in Ohio
| Pay level | Annual salary | Hourly rate | |
| 10th percentile (entry level) | $38,200 | $18.37 |
|
| 25th percentile (early career) | $50,550 | $24.30 |
|
| 50th percentile (median) | $76,370 | $36.72 |
|
| 75th percentile (experienced) | $103,260 | $49.64 |
|
| 90th percentile (top earners) | $131,980 | $63.45 |
|
How Ohio compares
Ohio ranks 25th 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 $77,250North 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 $62,160Kentucky $62,090Louisiana $61,110Mississippi $60,260Utah $59,440West Virginia $57,580
Working as a Loan Officer in Ohio
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 Ohio pay ($76,370) 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 Ohio?
The median Loan Officer salary in Ohio is $76,370 per year, or about $36.72 per hour, per official BLS state wage estimates. Salaries typically range from $38,200 at the entry level to $131,980 for the top 10% of earners.
How does Ohio pay compare to the national average?
Ohio pays Loan Officers about 0% more than the national median of $76,690. Ohio ranks 25th out of 51 states and territories reporting this occupation.
Is Ohio a good state for Loan Officers?
Yes on pay — Ohio pays above the national median for this occupation, at $76,370 a year. About 9,880 Loan Officers are employed in Ohio. Weigh that against local housing and living costs before moving.
What are the highest-paying jobs in Ohio?
The highest-paying occupations in Ohio include Surgeon, All Other ($554,220), Cardiologist ($504,260), Anesthesiologist ($490,530), 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.