SalaryCalculations

Loan Officers Salary in Memphis, TN

Estimates come from the Memphis, TN-MS-AR metro area, the closest geography BLS publishes.

The median annual pay for Loan Officers in Memphis, TN is $63,250, 18% lower than the national median. BLS reports wages at the metro level, and Memphis sits within the Memphis, TN-MS-AR metro area, so this is the closest official estimate for the city.

Across the Memphis, TN-MS-AR area, Loan Officers pay runs from $38,210 to $131,380 a year, with about 930 people employed.

Median annual

$63,250

Median hourly

$30

Average annual

$75,860

Employed in metro

930

Pay distribution

10th$38,210
25th$47,430
Median$63,250
75th$89,780
90th$131,380

Salary calculator

Hourly
$30.41
Daily
$243
Weekly
$1,216
Bi-weekly
$2,433
Monthly
$5,271
Annual
$63,250

$63,250 a year is around the 50th percentile for Loan Officerss in Memphis, TN. The median is $63,250.

Loan Officers in other metro areas

  • Enid, OK$104,990
  • Bridgeport-Stamford-Danbury, CT$103,850
  • Boston-Cambridge-Newton, MA-NH$103,400
  • San Francisco-Oakland-Fremont, CA$103,000
  • Minneapolis-St. Paul-Bloomington, MN-WI$102,200
  • New York-Newark-Jersey City, NY-NJ$101,570
  • Des Moines-West Des Moines, IA$101,190
  • Lawrence, KS$100,480