Loan Officer salary in Jackson, MS
Loan Officers in the Jackson, MS metro area earn a median of $61,110 a year ($29.38 an hour), based on BLS data for 810 workers.
Pay ranges from $37,690 for the lowest-paid 10% to $132,180 for the top 10%. That is 20% lower than the national median of $76,690. Pay here is 1% higher than the Mississippi statewide median of $60,260. There are 3.0 loan officers per 1,000 jobs here — the job is 1.7× more common than nationally. The average (mean) salary is $74,670, above the median because a few high earners pull it up.
Pay range for loan officers in Jackson, MS
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,690 | $18.12 |
| 25th percentile | $46,210 | $22.22 |
| Median | $61,110 | $29.38 |
| 75th percentile | $83,570 | $40.18 |
| 90th percentile (top earners) | $132,180 | $63.55 |
| Average (mean) | $74,670 | $35.90 |
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 | $5,092.50 |
| Semi-monthly (24 a year) | $2,546.25 |
| Biweekly (26 a year) | $2,350.38 |
| Weekly | $1,175.19 |
| Hourly | $29.38 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Memphis, TN-MS-AR | $63,250 | 930 |
| Hattiesburg, MS | $58,560 | 300 |
| Gulfport-Biloxi, MS | $56,640 | 400 |
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 Mississippi statewide figures.
Related jobs in Jackson, MS
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $70,720 | $34.00 |
| Insurance Underwriter | $65,550 | $31.52 |
| Personal Financial Advisor | $81,860 | $39.35 |
| Tax Examiners and Collectors, and Revenue Agents | $38,900 | $18.70 |
| Financial Examiner | $85,430 | $41.07 |
| Financial and Investment Analysts | $86,890 | $41.78 |
| Credit Analyst | $75,750 | $36.42 |
| Financial Risk Specialist | $93,400 | $44.90 |
| Financial Specialists, All Other | $75,360 | $36.23 |
| Budget Analyst | $71,280 | $34.27 |
| Property Appraisers and Assessors | $64,060 | $30.80 |
| Credit Counselor | $48,450 | $23.29 |
| Management Analyst | $59,030 | $28.38 |
| Project Management Specialist | $78,150 | $37.57 |
More: Business and Financial Operations Occupations · all salaries in Jackson, MS
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 Jackson, MS?
The median salary for loan officers in the Jackson, MS metro area is $61,110 a year, or $29.38 an hour. Pay ranges from $37,690 for the lowest-paid 10% to $132,180 for the top 10%.
How much do the highest-paid loan officers make in Jackson, MS?
The top 10% of loan officers in the Jackson, MS metro area earn at least $132,180 a year. The top 25% earn $83,570 or more.
What is the starting pay for loan officers in Jackson, MS?
Entry-level pay (the 10th percentile) is about $37,690 a year, and a quarter of loan officers earn $46,210 or less.
How many loan officers work in Jackson, MS?
About 810 loan officers are employed in the Jackson, MS metro area, not counting the self-employed.