Loan Officers Salary in Philadelphia, PA-NJ-DE-MD
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a above-average occupation in Philadelphia, PA-NJ-DE-MD, with a median annual salary of $76,910. Loan Officerss in Philadelphia, PA-NJ-DE-MD earn $2,730 more (4%) than the national median of $74,180. There is significant earning potential — top earners make 3.
Loan Officerss in Philadelphia, PA-NJ-DE-MD earn $2,730 more (4%) than the national median of $74,180.
About 4,830 Loan Officerss work in Philadelphia, PA-NJ-DE-MD, indicating a healthy local job market.
Cost of Living Consideration
When evaluating this salary, factor in Philadelphia, PA-NJ-DE-MD's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
Salary Distribution
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $39,250 | $3,271 |
| 25th Percentile | $52,690 | $4,391 |
| Median | $76,910 | $6,409 |
| 75th Percentile | $102,520 | $8,543 |
| 90th Percentile | $133,570 | $11,131 |
| Mean (Average) | $83,500 | $6,958 |
Loan Officers Salary in Other Cities
| Metro Area | Median Salary |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $102,540 |
| Boston-Cambridge-Nashua, MA-NH | $94,850 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $94,840 |
| San Francisco-Oakland-Berkeley, CA | $94,110 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $91,900 |
| San Jose-Sunnyvale-Santa Clara, CA | $81,990 |
| Denver-Aurora-Lakewood, CO | $81,200 |
| Charlotte-Concord-Gastonia, NC-SC | $81,160 |
| Los Angeles-Long Beach-Anaheim, CA | $80,340 |
| Kansas City, MO-KS | $79,690 |
Highest Paying Jobs in Philadelphia, PA-NJ-DE-MD
| Occupation | Median Salary |
|---|---|
| Natural Sciences Managers | $168,360 |
| Architectural and Engineering Managers | $166,850 |
| Financial Managers | $164,340 |
| Purchasing Managers | $152,380 |
| Lawyers | $148,030 |
| Sales Managers | $144,910 |
| Database Administrators | $143,110 |
| Computer Hardware Engineers | $139,400 |
| Managers, All Other | $138,940 |
| Compensation and Benefits Managers | $137,880 |
Related Data Insights
The cost of living in Philadelphia, PA is 2.6% above the national average (index: 102.6). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Philadelphia, PA salaries is equivalent to $84,231 in an average-cost US city.