Loan Officer salary in Lima, OH
Loan Officers in the Lima, OH metro area earn a median of $62,430 a year ($30.01 an hour), based on BLS data for 70 workers.
Pay ranges from $37,980 for the lowest-paid 10% to $151,090 for the top 10%. That is 19% lower than the national median of $76,690. Pay here is 18% lower than the Ohio statewide median of $76,370. There are 1.4 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $76,400, above the median because a few high earners pull it up.
Pay range for loan officers in Lima, OH
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,980 | $18.26 |
| 25th percentile | $46,210 | $22.22 |
| Median | $62,430 | $30.01 |
| 75th percentile | $102,290 | $49.18 |
| 90th percentile (top earners) | $151,090 | $72.64 |
| Average (mean) | $76,400 | $36.73 |
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 | $5,202.50 |
| Semi-monthly (24 a year) | $2,601.25 |
| Biweekly (26 a year) | $2,401.15 |
| Weekly | $1,200.58 |
| Hourly | $30.01 |
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 |
|---|---|---|
| Columbus, OH | $82,160 | 2,410 |
| Cleveland, OH | $77,730 | 1,920 |
| Cincinnati, OH-KY-IN | $75,300 | 2,060 |
| Sandusky, OH | $74,960 | 60 |
| Toledo, OH | $74,400 | 320 |
| Akron, OH | $72,080 | 270 |
| Dayton-Kettering-Beavercreek, OH | $66,070 | 440 |
| Springfield, OH | $62,860 | 30 |
| Mansfield, OH | $60,750 | 50 |
| Youngstown-Warren, OH | $60,530 | 100 |
| Wheeling, WV-OH | $59,060 | 110 |
| Canton-Massillon, OH | $57,720 | 240 |
| Huntington-Ashland, WV-KY-OH | $57,000 | 210 |
| Weirton-Steubenville, WV-OH | $52,380 | 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 Lima, OH
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $72,980 | $35.09 |
| Human Resources Specialist | $63,510 | $30.54 |
| Buyers and Purchasing Agents | $72,330 | $34.77 |
| Project Management Specialist | $81,670 | $39.27 |
| Business Operations Specialists, All Other | $77,330 | $37.18 |
| Market Research Analysts and Marketing Specialists | $61,560 | $29.60 |
| Training and Development Specialists | $49,550 | $23.82 |
| Labor Relations Specialist | $78,530 | $37.75 |
| Compliance Officer | $71,210 | $34.23 |
| Logistician | $77,000 | $37.02 |
| Cost Estimator | $74,460 | $35.80 |
| Management Analyst | $81,530 | $39.20 |
| Claims Adjusters, Examiners, and Investigators | $80,130 | $38.52 |
More: Business and Financial Operations Occupations · all salaries in Lima, OH
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 Lima, OH?
The median salary for loan officers in the Lima, OH metro area is $62,430 a year, or $30.01 an hour. Pay ranges from $37,980 for the lowest-paid 10% to $151,090 for the top 10%.
How much do the highest-paid loan officers make in Lima, OH?
The top 10% of loan officers in the Lima, OH metro area earn at least $151,090 a year. The top 25% earn $102,290 or more.
What is the starting pay for loan officers in Lima, OH?
Entry-level pay (the 10th percentile) is about $37,980 a year, and a quarter of loan officers earn $46,210 or less.
How many loan officers work in Lima, OH?
About 70 loan officers are employed in the Lima, OH metro area, not counting the self-employed.