Loan Officer salary in Cincinnati, OH-KY-IN
Loan Officers in the Cincinnati, OH-KY-IN metro area earn a median of $75,300 a year ($36.20 an hour), based on BLS data for 2,060 workers.
Pay ranges from $42,290 for the lowest-paid 10% to $130,670 for the top 10%. That is 2% lower than the national median of $76,690. Pay here is 1% lower than the Ohio statewide median of $76,370. There are 1.9 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $84,260, above the median because a few high earners pull it up.
Pay range for loan officers in Cincinnati, OH-KY-IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $42,290 | $20.33 |
| 25th percentile | $52,550 | $25.27 |
| Median | $75,300 | $36.20 |
| 75th percentile | $105,000 | $50.48 |
| 90th percentile (top earners) | $130,670 | $62.82 |
| Average (mean) | $84,260 | $40.51 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,275 |
| Semi-monthly (24 a year) | $3,137.50 |
| Biweekly (26 a year) | $2,896.15 |
| Weekly | $1,448.08 |
| Hourly | $36.20 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $75,300 salary, see how much house you can afford in Ohio at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Columbus, OH | $82,160 | 2,410 |
| Chicago-Naperville-Elgin, IL-IN | $80,040 | 7,380 |
| Cleveland, OH | $77,730 | 1,920 |
| Lafayette-West Lafayette, IN | $75,980 | 110 |
| Sandusky, OH | $74,960 | 60 |
| Terre Haute, IN | $74,890 | 70 |
| Indianapolis-Carmel-Greenwood, IN | $74,790 | 1,690 |
| Toledo, OH | $74,400 | 320 |
| Elkhart-Goshen, IN | $74,060 | 110 |
| Akron, OH | $72,080 | 270 |
| Bowling Green, KY | $71,020 | 170 |
| Dayton-Kettering-Beavercreek, OH | $66,070 | 440 |
| Louisville/Jefferson County, KY-IN | $64,460 | 1,120 |
| Elizabethtown, KY | $64,090 | 130 |
| Lexington-Fayette, KY | $63,760 | 420 |
| Evansville, IN | $63,560 | 240 |
| Muncie, IN | $63,460 | 150 |
| Fort Wayne, IN | $63,320 | 410 |
| South Bend-Mishawaka, IN-MI | $63,130 | 160 |
| Springfield, OH | $62,860 | 30 |
| Bloomington, IN | $62,720 | 90 |
| Lima, OH | $62,430 | 70 |
| Kokomo, IN | $60,780 | 60 |
| Mansfield, OH | $60,750 | 50 |
| Youngstown-Warren, OH | $60,530 | 100 |
| Clarksville, TN-KY | $60,270 | 210 |
| Paducah, KY-IL | $60,080 | 90 |
| Michigan City-La Porte, IN | $59,700 | 60 |
| Wheeling, WV-OH | $59,060 | 110 |
| Columbus, IN | $59,040 | 50 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Ohio statewide figures.
Related jobs in Cincinnati, OH-KY-IN
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $80,640 | $38.77 |
| Financial and Investment Analysts | $86,040 | $41.36 |
| Personal Financial Advisor | $80,540 | $38.72 |
| Insurance Underwriter | $82,110 | $39.48 |
| Tax Examiners and Collectors, and Revenue Agents | $60,690 | $29.18 |
| Credit Analyst | $77,500 | $37.26 |
| Financial Examiner | $78,310 | $37.65 |
| Financial Specialists, All Other | $79,580 | $38.26 |
| Financial Risk Specialist | $93,470 | $44.94 |
| Property Appraisers and Assessors | $69,840 | $33.58 |
| Credit Counselor | $51,160 | $24.60 |
| Budget Analyst | $97,190 | $46.73 |
| Tax Preparer | $48,730 | $23.43 |
| Human Resources Specialist | $73,010 | $35.10 |
More: Business and Financial Operations Occupations · all salaries in Cincinnati, OH-KY-IN
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Cincinnati, OH-KY-IN?
The median salary for loan officers in the Cincinnati, OH-KY-IN metro area is $75,300 a year, or $36.20 an hour. Pay ranges from $42,290 for the lowest-paid 10% to $130,670 for the top 10%.
How much do the highest-paid loan officers make in Cincinnati, OH-KY-IN?
The top 10% of loan officers in the Cincinnati, OH-KY-IN metro area earn at least $130,670 a year. The top 25% earn $105,000 or more.
What is the starting pay for loan officers in Cincinnati, OH-KY-IN?
Entry-level pay (the 10th percentile) is about $42,290 a year, and a quarter of loan officers earn $52,550 or less.
How many loan officers work in Cincinnati, OH-KY-IN?
About 2,060 loan officers are employed in the Cincinnati, OH-KY-IN metro area, not counting the self-employed.