SalaryCalculations

Loan Officers Salary in Tennessee

State wage data from the BLS OEWS survey, May 2025.

Median annual

$62,800

Median hourly

$30

Average annual

$71,590

Employed in state

6.5K

The median annual salary for Loan Officers in Tennessee is $62,800, or about $30 an hour. That is 18% lower than the national median.

Pay in Tennessee ranges from $38,240 at the 10th percentile to $113,290 at the 90th percentile. Roughly 6.5K people work as loan officers in the state.

Pay distribution in Tennessee

10th$38,240
25th$47,250
Median$62,800
75th$81,600
90th$113,290

Salary calculator

Hourly
$30.19
Daily
$242
Weekly
$1,208
Bi-weekly
$2,415
Monthly
$5,233
Annual
$62,800

$62,800 a year is around the 50th percentile for Loan Officerss in Tennessee. The median is $62,800.

Loan Officers pay by metro area in Tennessee

Metro areaMedian annualEmployment
Knoxville, TN$63,830930
Johnson City, TN$63,590190
Memphis, TN-MS-AR$63,250930
Nashville-Davidson--Murfreesboro--Franklin, TN$62,8001.8K
Chattanooga, TN-GA$62,460480
Jackson, TN$61,500150
Clarksville, TN-KY$60,270210
Kingsport-Bristol, TN-VA$60,250260
Cleveland, TN$57,01090
Morristown, TN$47,13050

Other jobs in Tennessee

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