Loan Officer salary in Medford, OR
Loan Officers in the Medford, OR metro area earn a median of $90,850 a year ($43.68 an hour), based on BLS data for 130 workers.
Pay ranges from $51,290 for the lowest-paid 10% to $167,260 for the top 10%. That is 18% higher than the national median of $76,690. Pay here is 4% lower than the Oregon statewide median of $94,440. There are 1.5 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $101,590, above the median because a few high earners pull it up.
Pay range for loan officers in Medford, OR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $51,290 | $24.66 |
| 25th percentile | $66,820 | $32.13 |
| Median | $90,850 | $43.68 |
| 75th percentile | $127,390 | $61.24 |
| 90th percentile (top earners) | $167,260 | $80.41 |
| Average (mean) | $101,590 | $48.84 |
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 | $7,570.83 |
| Semi-monthly (24 a year) | $3,785.42 |
| Biweekly (26 a year) | $3,494.23 |
| Weekly | $1,747.12 |
| Hourly | $43.68 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $90,850 salary, see how much house you can afford in Oregon 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 |
|---|---|---|
| Corvallis, OR | $97,340 | 70 |
| Portland-Vancouver-Hillsboro, OR-WA | $96,100 | 2,840 |
| Grants Pass, OR | $94,220 | 50 |
| Salem, OR | $93,410 | 320 |
| Albany, OR | $90,030 | 60 |
| Bend, OR | $81,720 | 220 |
| Eugene-Springfield, OR | $80,720 | 360 |
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 Oregon statewide figures.
Related jobs in Medford, OR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $81,210 | $39.04 |
| Tax Preparer | $57,640 | $27.71 |
| Financial and Investment Analysts | $108,370 | $52.10 |
| Financial Specialists, All Other | $67,200 | $32.31 |
| Business Operations Specialists, All Other | $67,200 | $32.31 |
| Human Resources Specialist | $67,540 | $32.47 |
| Project Management Specialist | $91,030 | $43.77 |
| Market Research Analysts and Marketing Specialists | $64,580 | $31.05 |
| Buyers and Purchasing Agents | $60,250 | $28.97 |
| Training and Development Specialists | $66,550 | $31.99 |
| Management Analyst | $91,560 | $44.02 |
| Compliance Officer | $77,260 | $37.14 |
| Cost Estimator | $71,360 | $34.31 |
| Fundraiser | $59,780 | $28.74 |
More: Business and Financial Operations Occupations · all salaries in Medford, OR
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 Medford, OR?
The median salary for loan officers in the Medford, OR metro area is $90,850 a year, or $43.68 an hour. Pay ranges from $51,290 for the lowest-paid 10% to $167,260 for the top 10%.
How much do the highest-paid loan officers make in Medford, OR?
The top 10% of loan officers in the Medford, OR metro area earn at least $167,260 a year. The top 25% earn $127,390 or more.
What is the starting pay for loan officers in Medford, OR?
Entry-level pay (the 10th percentile) is about $51,290 a year, and a quarter of loan officers earn $66,820 or less.
How many loan officers work in Medford, OR?
About 130 loan officers are employed in the Medford, OR metro area, not counting the self-employed.