Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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          Wages for Loan Officers in MASSACHUSETTS

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          Location Pay
          Period          		 2025
          10% 25% Median 75% 90%
          United States Hourly $18.96 $25.35 $36.87 $50.04 $73.65
          Yearly $39,430 $52,730 $76,690 $104,080 $153,180
          Massachusetts Hourly $31.10 $38.35 $48.85 $65.84 $95.30
          Yearly $64,680 $79,760 $101,600 $136,940 $198,220
          Barnstable Town, MA Metro Area Hourly $27.53 $37.56 $46.19 $65.36 $85.95
          Yearly $57,260 $78,130 $96,080 $135,940 $178,780
          Providence-Warwick, RI-MA Metro Area Hourly $24.24 $27.34 $37.74 $48.26 $65.98
          Yearly $50,420 $56,860 $78,500 $100,380 $137,250
          Massachusetts Balance of State Hourly $37.68 $48.35 $64.89 $83.86 $97.69
          Yearly $78,370 $100,560 $134,980 $174,430 $203,200
          Pittsfield, MA Metro Area Hourly $30.19 $36.75 $45.64 $65.42 $82.58
          Yearly $62,800 $76,440 $94,920 $136,060 $171,760
          Springfield, MA Metro Area Hourly $28.21 $35.12 $43.02 $60.35 $81.08
          Yearly $58,670 $73,040 $89,480 $125,530 $168,650
          Worcester, MA Metro Area Hourly $28.31 $36.68 $45.30 $61.44 $81.07
          Yearly $58,890 $76,290 $94,220 $127,800 $168,630
          Amherst Town-Northampton, MA Metro Area Hourly $29.50 $35.91 $46.42 $65.24 $98.65
          Yearly $61,370 $74,700 $96,540 $135,710 $205,200
          Boston-Cambridge-Newton, MA-NH Metro Area Hourly $31.31 $38.64 $49.71 $69.37 $98.47
          Yearly $65,120 $80,360 $103,400 $144,280 $204,820