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Loan Officers Salary in Tennessee
Ranked #50 of 51 · TN
Salary Distribution (10th–90th percentile)
About 80% of loan officerss in Tennessee earn between $38,240 and $113,290. The blue band is the middle 50% (P25–P75); the dot marks the median.
Compared to the U.S.
The mean loan officers salary in Tennessee is $71,590, about 18.5% below the U.S. average ($87,790). That works out to roughly $34/hr at 2,080 hours per year.
Metro Areas in Tennessee
| Metro area | Median | Mean | Employment |
|---|---|---|---|
| North Central Tennessee nonmetropolitan area | $69,240 | $75,930 | 330 |
| Knoxville, TN | $63,830 | $72,220 | 930 |
| South Central Tennessee nonmetropolitan area | $63,730 | $70,370 | 240 |
| Johnson City, TN | $63,590 | $74,210 | 190 |
| Memphis, TN-MS-AR | $63,250 | $75,860 | 930 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | $62,800 | $73,240 | 1,770 |
| Chattanooga, TN-GA | $62,460 | $70,670 | 480 |
| Jackson, TN | $61,500 | $65,980 | 150 |
Frequently Asked Questions
How much do loan officers make in Tennessee?
The median loan officers salary in Tennessee is $62,800 per year (mean $71,590), and about 80% earn between $38,240 and $113,290.
How much do loan officers make per hour in Tennessee?
Roughly $34 per hour, based on a mean annual wage of $71,590 and 2,080 work hours per year.
Is Tennessee a high-paying state for loan officers?
Tennessee ranks #50 of 51 states for loan officers pay. Its mean salary of $71,590 is about 18.5% below the U.S. average of $87,790.
Which metro areas in Tennessee pay loan officers the most?
The highest-paying metro areas in Tennessee for loan officers are North Central Tennessee nonmetropolitan area ($69,240), Knoxville, TN ($63,830), South Central Tennessee nonmetropolitan area ($63,730), by median annual wage.