Loan Officers vs Medical Assistants: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Loan Officers professionals earn $29,980 more per year than Medical Assistants professionals — that's 67.8% higher. At the 90th percentile, Loan Officers earns $145,780 compared to $57,830 for Medical Assistants.
Salary Range Comparison
Loan Officers$38,490 – $145,780
Medical Assistants$35,020 – $57,830
$35,020$145,780
Detailed Salary Comparison
| Percentile | Loan Officers | Medical Assistants | Difference |
|---|---|---|---|
| 10th Percentile | $38,490 | $35,020 | +$3,470 |
| 25th Percentile | $50,460 | $37,610 | +$12,850 |
| Median (50th) | $74,180 | $44,200 | +$29,980 |
| 75th Percentile | $101,920 | $48,160 | +$53,760 |
| 90th Percentile | $145,780 | $57,830 | +$87,950 |
| Mean (Average) | $86,020 | $44,720 | +$41,300 |
Employment Numbers
Loan Officers
290,530
employed nationwide
Medical Assistants
793,460
employed nationwide
Top Paying Cities
Best Cities for Loan Officers
| City | Median |
|---|---|
| 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 |
Best Cities for Medical Assistants
| City | Median |
|---|---|
| Sacramento-Roseville-Folsom, CA | $62,570 |
| San Jose-Sunnyvale-Santa Clara, CA | $62,290 |
| San Francisco-Oakland-Berkeley, CA | $59,910 |
| Seattle-Tacoma-Bellevue, WA | $58,850 |
| Portland-Vancouver-Hillsboro, OR-WA | $52,040 |
Frequently Asked Questions
Who earns more: Loan Officers or Medical Assistants?
Loan Officers professionals earn more, with a median salary difference of $29,980 (67.8% higher) as of 2024 BLS data.
What is the salary range for Loan Officers?
Loan Officers salaries range from $38,490 (10th percentile) to $145,780 (90th percentile), with a median of $74,180.
What is the salary range for Medical Assistants?
Medical Assistants salaries range from $35,020 (10th percentile) to $57,830 (90th percentile), with a median of $44,200.
How many Loan Officers and Medical Assistants jobs are there?
There are approximately 290,530 Loan Officers positions and 793,460 Medical Assistants positions nationwide according to 2024 BLS data.
Is it worth switching from Medical Assistants to Loan Officers?
Career decisions depend on many factors beyond salary. Loan Officers has a median salary of $74,180 while Medical Assistants earns $44,200. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS