Loan Officers Salary in Nashville, TN
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a moderate occupation in Nashville, TN, with a median annual salary of $66,130. Loan Officerss in Nashville, TN earn $8,050 less (11%) than the national median of $74,180. There is significant earning potential — top earners make 3.
Loan Officerss in Nashville, TN earn $8,050 less (11%) than the national median of $74,180.
The average salary ($77,980) is notably higher than the median — this means top earners pull the average up. A small number of highly paid Loan Officerss skew the data.
About 2,370 Loan Officerss work in Nashville, TN, indicating a healthy local job market.
Cost of Living Consideration
When evaluating this salary, factor in Nashville, TN'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 | $39,260 | $3,272 |
| 25th Percentile | $49,610 | $4,134 |
| Median | $66,130 | $5,511 |
| 75th Percentile | $93,660 | $7,805 |
| 90th Percentile | $131,010 | $10,918 |
| Mean (Average) | $77,980 | $6,498 |
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 Nashville, TN
| Occupation | Median Salary |
|---|---|
| Family Medicine Physicians | $203,770 |
| Architectural and Engineering Managers | $153,920 |
| Lawyers | $143,420 |
| Financial Managers | $140,440 |
| Database Administrators | $130,640 |
| Natural Sciences Managers | $128,510 |
| Data Scientists | $127,770 |
| Software Developers | $127,150 |
| Computer Network Architects | $121,620 |
| Nurse Practitioners | $116,160 |
Related Data Insights
The cost of living in Nashville, TN is 3.7% below the national average (index: 96.3). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Nashville, TN salaries is equivalent to $78,868 in an average-cost US city.