The average salary for a loan officer in Kentucky is around $67,450 per year.
Avg Salary
Loan officers earn an average yearly salary of $67,450.
Wages typically start from $33,650 and go up to $135,201.
25% above national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$65.00 per hour
$135,201 per year
75th percentile
Senior-level loan officer earnings begin at:
$46.76 per hour
$97,258 per year
50th percentile
Mid-level loan officer earnings begin at:
$32.43 per hour
$67,450 per year
25th percentile
Junior-level loan officer earnings begin at:
$22.49 per hour
$46,778 per year
10th percentile
Starting level loan officer earnings begin at:
$16.18 per hour
$33,650 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $88,768 |
| Illinois | $81,620 |
| New York | $78,520 |
| New Hampshire | $76,430 |
| Nebraska | $75,800 |
| Kansas | $75,462 |
| District of Columbia | $74,840 |
| New Jersey | $73,180 |
| Minnesota | $72,030 |
| Massachusetts | $70,090 |
| Texas | $68,710 |
| Maryland | $68,060 |
| Missouri | $68,010 |
| Florida | $67,760 |
| North Dakota | $67,610 |
| Kentucky | $67,450 |
| Pennsylvania | $66,807 |
| Hawaii | $66,666 |
| Ohio | $64,770 |
| Oregon | $64,610 |
| Maine | $64,110 |
| Virginia | $63,860 |
| Wisconsin | $62,850 |
| North Carolina | $62,360 |
| Wyoming | $61,860 |
| Iowa | $61,518 |
| Oklahoma | $61,230 |
| Colorado | $61,010 |
| Nevada | $60,630 |
| Washington | $60,540 |
| Rhode Island | $60,460 |
| California | $60,420 |
| South Carolina | $60,250 |
| Delaware | $60,140 |
| Idaho | $59,677 |
| South Dakota | $59,520 |
| Vermont | $58,650 |
| Montana | $57,840 |
| Mississippi | $57,500 |
| Indiana | $57,023 |
| Alaska | $56,980 |
| Arkansas | $55,514 |
| Georgia | $54,690 |
| Tennessee | $54,490 |
| Alabama | $53,488 |
| Arizona | $52,696 |
| New Mexico | $51,460 |
| West Virginia | $48,820 |
| Louisiana | $48,230 |
| Guam | $45,840 |
| Utah | $45,470 |
| Puerto Rico | $29,150 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Kentucky. On average, they make less than investment fund managers but more than operations research analysts.
| Career | Median Salary |
|---|---|
| Investment fund manager salary | $89K |
| Business analyst salary | $72K |
| Stock trader salary | $58K |
| Securities and commodities broker salary | $58K |
| Statistician salary | $80K |
| Loan officer salary | $67K |
| Credit analyst salary | $71K |
| Financial analyst salary | $67K |
| Auditor salary | $67K |
| Operations research analyst salary | $64K |
Source: CareerExplorer (Aggregated)