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Loan Officer Salary in Cleveland, OH

Updated

The median loan officer in the Cleveland area earns $77,730 a year ($37.37 an hour), 1% above the U.S. median ($76,690) and 2% above the Ohio median ($76,370). Half of the 1,920 loan officers there earn between $51,980 and $103,380.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Loan Officers, May 2025 (latest official data). Metro area: Cleveland, OH.
Annual payCleveland areaOhioU.S.
10th percentile$36,130$38,200$39,430
25th percentile$51,980$50,550$52,730
Median$77,730$76,370$76,690
75th percentile$103,380$103,260$104,080
90th percentile$141,990$131,980$153,180
Average$84,600$83,960$87,790
Jobs1,9209,880274,330

Cleveland, OH ranks 21st of the 50 largest U.S. metro areas for loan officer pay. Highest: Boston, MA ($103,400).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.