Loan Officers Salary in Providence, RI-MA
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a above-average occupation in Providence, RI-MA, with a median annual salary of $77,930. Loan Officerss in Providence, RI-MA earn $3,750 more (5%) than the national median of $74,180. Experienced Loan Officerss can expect to roughly double their starting salary over their career.
Loan Officerss in Providence, RI-MA earn $3,750 more (5%) than the national median of $74,180.
About 1,690 Loan Officerss work in Providence, RI-MA, indicating a healthy local job market.
Cost of Living Consideration
When evaluating this salary, factor in Providence, RI-MA'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 | $48,650 | $4,054 |
| 25th Percentile | $59,610 | $4,968 |
| Median | $77,930 | $6,494 |
| 75th Percentile | $99,480 | $8,290 |
| 90th Percentile | $133,130 | $11,094 |
| Mean (Average) | $83,450 | $6,954 |
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 Providence, RI-MA
| Occupation | Median Salary |
|---|---|
| Family Medicine Physicians | $221,720 |
| Architectural and Engineering Managers | $164,570 |
| Financial Managers | $159,530 |
| Database Administrators | $147,370 |
| Managers, All Other | $147,240 |
| Natural Sciences Managers | $141,460 |
| Software Developers | $132,010 |
| Nurse Practitioners | $130,640 |
| Lawyers | $128,490 |
| Computer Network Architects | $125,150 |
Related Data Insights
The cost of living in Providence, RI is 1.8% above the national average (index: 101.8). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Providence, RI salaries is equivalent to $83,851 in an average-cost US city.